vsa with Malcolm

that's how i was looking for scalping today. secured 2R.
if we take high low of previous two days bear run, then today all of this was just happening in fib zone. extra confluence.

Perfect VSA trade with a touch of Wyckoff technique.

I like the way you said it. This is because I've learned the Wyckoff's method first and then Tom Williams.

I learned VSA first and then Wyckoff method. You made the 1st entry after jump-across-the creek and a pullback. The two add-ons were based on local spring. Those just look Wyckoffian to me. Simple and beautiful.

Absorption

another combination of the 2 methods

After seeing this post and spending some time on the linked thread, I just had to...

My Supply/Demand Delta Zones are created using Wide Range Body (WRB) Analysis and not using Sam's method, but after reading that thread, one would think the entire concept of Supply/Demand Zones had been debunked.

I do not believe that Supply/Demand Zones (or support and resistance areas for that matter) are trade signals, therefore, I would not consider "touch" trading these areas. Accordingly, I'm looking for Volume Spread Analysis (VSA) to give me the entry (what I want to see) in the Supply/Demand Delta Zone (where I want to see it).

While this post is not intended to prove or disprove anything, I do hope it might spark an idea for somebody. Or at the very least, inflame the haters.

Take a look at the chart below.



On the directional bias chart:

1. Not trying to catch tops and bottoms, I'm looking to scalp in the direction of the institutional auction. The Market is finding value higher today than yesterday. Therefore, I'm only looking to take Longs in Supply/Demand Delta Zones.

2. Knowing the value area allows us to also know where prices are "cheap" and where prices are "expensive". Price was trading in the "cheap" area at the time. This is how one can "buy wholesale and sell retail".

On the trading chart:

3. We see an interval with a narrower range than the previous interval on ultra-high volume that closes off its low. This is potential stopping volume or Effort vs Result.

4. The next interval closes equal to the close of the EvR. If that previous interval was all selling, how could this interval close equal? This interval has a narrow range and volume less than the previous two. It's a Test.

5. This confirms the Test interval as it closes UP. Did we miss it? No. Waiting for confirmation keeps us out of many more bad situations than it puts us in. We enter Long.

very useful analysis friend what;s horizontal line draw tool?

Any chance we can be getting more of these very helpful and educative posts. Thanks HiddenGap

that's the tool from mt4 for drawing trend lines

ok thank i search similar Indicator for Mt4

I saw some discussion here about S&D method, I've been studying it years ago and I can say it has nothing common with VSA. This method is based on drawing supply and demand zones at the base of a big move, then waiting for the price to get back to them and taking entries with limit orders. The stop is obvious away from the zone. Another way is waiting for the price getting back to the zone, then on smaller time frames finding new fresh zones, which a formed as the price is reacting from a higher tf zone, they call them untested zones. Although this method has some logic I found that it lags because the conditions in the market change and you just can't adapt to them. There are more to say but I think I'll just stop here.
Take it from a trader who studied a lot of trading methods: Wyckoff's or VSA method, or both of them combined give you the best and the most logical understanding of the market I've found so far. If you can read the market right you don't even have to bother about news, which in most cases work in your favor. This method is an eye-opener.

here's a tip on how you do it in mt4: draw a vertical trend line, double click it, HOLD SHIFT, take the end of the trend line and drag it to the base, then drag it to the left or right, now you have a perfect horizontal line.

with 4R profits i lost 2 in GBP and AUD after jumping into market without letting it roll over. still, a positive start of week.

pretty good week all things considered. cheers

solid trades.

yeah, what i ve noticed since corana virus hit, great looking setups on the 1hr but when i d switch to 15 or 5m tf, volume doesn t match, meaning if i have high vol weakness on the 1hr on new low ground, on 5m the high vol isn t comin of the lowest price, or might signal strenght in same cases. another thing is that the background tends to play out, so by just takin the setups of the 1hr. ofc now that the high volatility has dropped down a bit, cos i wouldn t go for 40 or 50 pips stops no matter the tf. things should get back to normal imo, as have always did even after dot.com, 2008 so on and so forth.
cheers

i m gonna draw the 1hr fib once it starts to pull back and look to short GU ofc if volume still confirm that but so far with this background, looks promising

Chart (s) dump/Thread bump:

Hg very usefull can you show me springs candle type?
Vsa price action adequacy of knowledge