Trading W/ Smart Money

The primary signs of strength that you should look for at the bottom of a market are:
1. Testing is one of the best indications of strength. The prices will be marked down rapidly during
the day, (or any other timeframe), but the price then recovers to close on the high of the day, and
will be accompanied by low volume.
2. Any reaction back down into an area that had previously shown high volume, and is now showing
low volume, is also a sign of strength (supply has disappeared in both cases).
3. Stopping volume is another good sign of strength – it results from huge blocks of buy orders that
are large enough to stop a down-move, and is seen as a high volume down-day, usually closing on
the highs.
4. A shake-out will also stop a down-move. Here, prices have gapped down and fallen alarmingly
after a bearish move has already taken place. If the market gaps-up on the following day (or bar),
you have all the signs of a shake-out, and a good sign of strength.
Generally, a strong market has no obvious signs of distribution behind it. There are no frequent up-thrusts
and no very high volume up-days without any progress. There will be no rounding over of a market, where
the top looks like a mushroom. Furthermore, you will not see any narrow spread up-bars on high volume.

Generally, a strong market has no obvious signs of distribution behind it. There are no frequent up-thrusts
and no very high volume up-days without any progress. There will be no rounding over of a market, where
the top looks like a mushroom. Furthermore, you will not see any narrow spread up-bars on high volume.
A distribution area will always have some of these characteristics, if not all, and will indicate a weak
market. Note how you need to look at the overall picture rather than one day's action. For example, a test
on low volume is a very strong buy signal if you have a selling climax behind you, or the market is already
in an uptrend. Exactly the same test, but this time with distribution or some other sign of weakness
immediately behind you means little. If you do see a test in these conditions and the market does not
respond, or prices may attempt to rise on low volume after the test, then this gives you a great opportunity
to short the market, because you will be observing the signs of 'no demand' in a weak market and a possible
market fall.

Example of test, which smart money uses to tests for supply in the background if the test is successfully then higher prices are eminent. There has to be low volume on the down moves and narrow spread.

Updated trade GBP/USD

Great setup into a potential trade, if you know how to read the charts

Well all I can say is read the charts, No supply and markup equal bullish trend. If you don't know those terms go back and reread my thread,it's all there

Great setup to short off upthrust!

Here are my updated trades from lastnie..

Some of my other trades, just wanted to update my progress

Well--everything is still laggin VSA buddy---LOL--maybe a nice combination when the 5 min turns red but am already in the trade ---OR maybe you can be more comfortable when the price falls below the TM(red/blue) line on the 5 min chart thats about it--

some trade updates

Hey!

Ive been following you for some time on this and on twitter, the VSA method seems to be really working for you.

Im kind of new to forex factory and i can't seem to send you a PM.

Do you just trade using VSA only or are you using other methods?
Do you have AIM or something so we can chat about it?

Anyways Peace out

you would be smart in keeping the things you think to have learned about vsa to yourself...
time will come when all those guys screaming out loud in forums publically get their bill in form of fucked up volume data...

Weakness was signified by the upthrust bar which closed on the low of the bar, along with extremely high volume and wide spread.

if you have questions or want to learn more just reach me on skype:nyse1982
twitter:twitbidme

You do realise you could be kicked off for this don't you? Why don't you just stick to your original account? Or were you shamed?

some early trading using VSA

VSA platform I'm trading on, works great,a great way to trade backwards following smart money!

here updates to trades

I attended the VSA Forex webinar on Friday hosted by Gavin Holmes, who is CEO of trade guider he traded live forex market until 12am. It was a great experience, if you want to learn more about how VSA works, I have the video from friday.