I think the ICT methodology can possibly help with VSA and they can maybe work in synergy.
Thing is not everyone trades VSA the same way, and my thinking is that ICT gives a way of doing a higher TF analysis that maybe differs to someone else that may use support and resistance, trend channels, VZA, HVC, etc, etc.
Thing is though, when you strip it all back were all just here to make money. There's a Scottish saying "were not here to play tig".
HG is doing a good job of incorporating both concepts so i dont see how they cant work in tandem, most folk like myself are away testing things at the moment like and finding a way for them both to work together.....although part of me does think that adding VSA, not only complicates something thats fairly simple, but also adds a contradiction, because ICT believes that the market is not in fact moved by supply and demand, or buying/selling pressure.
I will post this screenshot later when I get to my laptop:
Yesterday I took a short on US30, It was textbook from ICT's latest videos, and I have a funny feeling that hes going to talk about it tonight in the upcoming video.
Instead of placing a limit order, I waited for a VSA confirmation which eventually came in the form of an upthrust to go short.
After being brought into the trade with a gotcha bar....the gotcha bar turned into a big shakeout, climactic volume, so I exited the trade without a loss.
So did VSA prevail and keep me out of an actual loss....?
Nope, it kept dropping and I trailled it down till it reached around 8R which would probably have made it into my best profitable trades list. (biggest ive had is 6R).
So basically all that extra analysis and trying to be smart didnt result in anything..... apart from a potential lesson, which may be, trust the setup and the target, and if it fails....it fails
I think its an interesting discussion though and perhaps there may be some middle ground.
Thing is not everyone trades VSA the same way, and my thinking is that ICT gives a way of doing a higher TF analysis that maybe differs to someone else that may use support and resistance, trend channels, VZA, HVC, etc, etc.
Thing is though, when you strip it all back were all just here to make money. There's a Scottish saying "were not here to play tig".
HG is doing a good job of incorporating both concepts so i dont see how they cant work in tandem, most folk like myself are away testing things at the moment like and finding a way for them both to work together.....although part of me does think that adding VSA, not only complicates something thats fairly simple, but also adds a contradiction, because ICT believes that the market is not in fact moved by supply and demand, or buying/selling pressure.
I will post this screenshot later when I get to my laptop:
Yesterday I took a short on US30, It was textbook from ICT's latest videos, and I have a funny feeling that hes going to talk about it tonight in the upcoming video.
Instead of placing a limit order, I waited for a VSA confirmation which eventually came in the form of an upthrust to go short.
After being brought into the trade with a gotcha bar....the gotcha bar turned into a big shakeout, climactic volume, so I exited the trade without a loss.
So did VSA prevail and keep me out of an actual loss....?
Nope, it kept dropping and I trailled it down till it reached around 8R which would probably have made it into my best profitable trades list. (biggest ive had is 6R).
So basically all that extra analysis and trying to be smart didnt result in anything..... apart from a potential lesson, which may be, trust the setup and the target, and if it fails....it fails
I think its an interesting discussion though and perhaps there may be some middle ground.
