vsa with Malcolm

here is my take on gj ... tread carefully on sells

this is why i try and move stops be prior to next session open

massive shake out es

odd day today .. difficult to find good trades

sos all over gbp not going any where ...YET

maybe setting up for good move tomorrow

I shorted Crude

i took it as following.

Worked well

What was the trigger man to take this short?

Interested to hear other perspectives on S&P500. I'm anticipating short term weakness that leads to a continuation higher but open to seeing what the market does. My reasoning is that the buying at the lows is a bigger SOS than the recent lack of buyers is a SOW.

Not to nitpick some ones charts but lets get our terms correct

Bag holding (or as I call it End of a Falling Market) is not correct on this chart .. You need 2 Dn bars consecutive AND Narrow Range AND VH or UH Volume

Attached for those sleuths about is a list of recent EOFM in 15, 30, 60 minutes from the primary FX market NYC time

It is a very powerful signal in context

Its opposite signal is End of a Rising Market EORM ... attached list again for those sleuths about

EORM followed by ND and Closing above the Bollinger Highs is very likely a top .. look for the mushroom and then short

They are both worth getting to know in the VSA world

Here is bagholding without a narrow spread and here is the TradeGuider Indicator Guide that cautions against UHV, and makes no mention of a narrow ranged bar/two down-bar requirement

I do see Tom makes the distinction in MTM though, so I will update my understanding.

Appreciate the additional clarification.

Edit: OK I wasn't dreaming. Bagholding is also the Wyckoff terminlogy that explains the price action that I labeled. Below is p107 in David Weis' "Trades About To Happen". Since they use the same phrase to mean different things, I'll refrain from the Wyckoff term in here

Just so the metaphor is clear ..

Its opening up your bag and saying fill it up after capitulation by sellers and they just keep filling it up till no more supply

As told to me personally by Tom ... Truth

Cool. It’s much easier atleast I find. Volume analysis shows hidden smart money positioning

If next bar close is above previous bar high with decreasing volume, then though it is a decisive win by bulls, as the volume decreased, we are not sure this move is caused by bulls or lack of bears, so it is called Sign of Weakness. To go short, we need actual Weakness, bears should show their strength, we need down move with price (close - result) and volume (effort) conformity. So, absolutely, there will not be immediate short.

Stopping volume, bag holding kind of situations can produce "feather effect" (refer to WTC by Wyckoff Analytics - Roman) and price can simply move without volume.

you were very right. thanks

as it hit >1.5R
took 1, rest set to BE.

there are more SOS. i'll scale in if sustained buying is observed.

Hi guys,

Im trying to simplify things for me and it may also help other people as well.

Could you please correct me if this definitions are right or if you would see them differently, they are not my definitions, please see my comments in red

Patterns of weakness:
https://esterholdings.com/wp-content...07/ris-6-1.png
Weakness A - Effort vs Result

1. down bar - Close below previous close (not Japanese candles same for all definitions)
2. high volume - For me is volume higher than on the previous bar
3. medium or narrow spread - For me the spread is lower than previous bar
4. closing in the lower third of the bar, or on the bottom third of the bar

No demand

1. up bar
2. low volume (first of all, you need to compare with the previous bar, it should be lower) - For me it has to be lower than the previous 2 bars
3. narrow spread - For me lower than previous bar
4. closing in the lower third or on the bottom third of the bar - This is new to me, I did not care were it closed as long as the spread and the volume was lower - Do you guys consider the close important?
5. the first signs of weakness should have appeared on the background
6. A good sign during a rollback on a downtrend

Weakness B - Effort vs result

1. up bar
2. high or very high volume (the higher, the stronger the sign) - For me higher than previous bar
3. narrow or very narrow spread - For me lower than previous bar
4. closing in the lower third or in the middle third of the bar
5. on the background there should be other signs of weakness, for certainty it is worth waiting for additional signs

Up-trust

1. up bar or down bar
2. this bar must update the local maximum and its maximum should not be redrawn - For me it has to make a 10 bar high to be valid
3. spread high -For me higher than previous bar
4. the closing should be in the lower third
5. volume is high or very high

Pseudo Up-trust

1. up bar or down bar
2. as well as up-trust this bar should update the local maximum and its maximum should not be redrawn - For me it has to make a 10 bar high to be valid
3. spread high -For me higher than previous bar
4. closing in the lower third
5. volume is low
6. this attribute is less effective than the normal up-trust, therefore this feature requires confirmation

Stop Volume

1. up bar
2. broad spread
3. very high volume
4. need to wait for confirmation

Power patterns:
https://esterholdings.com/wp-content...07/ris-7-1.png
Power A - Effort vs Result

1. up bar
2. spread average - For me spread low
3. medium or high volume - For me volume above previous bar
4. closing in the upper third of the bar

Force B - Effort vs Result

1. down bar
2. narrow spread - For me lower than previous bar
3. closing in the upper third
4. high volume - For me higher than previous bar
5. there must be other signs of strength

Lack of offer - No Supply

1. down bar
2. narrow spread - For me lower than previous bar
3. low volume - For me lower than previous 2 bars
4. closing in the lower third - For me I did not care were closed as long as the volume and spread are present, do you consider were it closes ?
5. it is necessary to look for an additional signal of market strength

Reverse Up-Trust

1. up bar or down bar (down-bar)
2. this bar should update the local minimum and its minimum should not be redrawn - For me making 10 bar low
3. spread high - For me higher than previous bar
4. the closing should be in the upper third
5. volume is high or very high - For me Higher than on the previous bar

Pseudo Up-trust

1. up bar or down bar (down-bar)
2. as well as up-trust this bar should update the local minimum and its minimum should not be redrawn - For me making 10 bar low
3. spread high - For me higher than previous bar
4. closing in the upper third
5. volume is low
6. this feature is less effective than the normal reverse up-trust, therefore this feature requires confirmation

Stopped volume

1. down bar
2. spread narrow
3. closing in the middle third of the bar
4. volume is very high
5. it is necessary to wait until the market strength is confirmed

Please let not all jump in with the definitions let the pros let us know what are the different definitions for them, so we can all learn.

The guy of the article gives a lot of importance to closes. For me for instances for no demand no supply and effort vs result what was important was if the bar candle was up or down, after reading this article with the different definitions I do not know.

Thanks a lot for your help guys!!!!!
Kind regards

you may look at posts of HiddenGap, please. while explaining setup, he breaks down the whole scenario with definitions included. all those posts are the best source of learning VSA terminologies in possible shortest time IMHO. one can learn all that "relative" stuff through his posts which cover recent market conditions including any hindsight analysis while explaining/reviewing others' posts.

"relative" is all about high low, narrow wide. etc.

"Master the Markets", and "Trading in the Shadows of Smart Money" will answer all those questions and more mate, not to mention the thousands of posts in this thread and explanations from some of the experts, either that or else everyone will end up repeating themselves.

For example asking to confirm the explanation of a "no demand" shows that you havent been through the thread, as like Attique says, Hidden Gap has broken it down hundreds of times.