Trade Using VSA (Volume Spread Analysis)

Why do You write this??
I wrote to You one think, that read the book MTM or watch the link which GEZ40 send to all of us and learn..
do you think that some one from one chart right now will tell You future?? Holy Grail???
Read, learn, practise, demo, demo..small minilots..a then when You gonna see in the chart stuff like Dr. G. or Malcolmb14 ( great helpers to us ) then You will add one comment in this thread.. I needed to learn and now I do understand at least 80 percent..rest I believe is experience of trading and etc...
I traded poorly, I looked at the indicators, holy indicators, last night I attended one webinar..they talked about how stochastics are great..I did turned it OFF in 15 minutes..VSA is the way to see the future for trading...
learn and listen Malc... and others they will add some knowledge to You
Again, just a hint for help..I am watching video second time today...

i could tell You some signs of Distribution and accumulation and many more could do the same here. But - Have You read MTM.. ? If Yes, then You dont have to ask those signs.. :}

No offense.

It will take time. For some faster for some not so..
For me not so - but it all comes together day by day


Best,
Tom

It's clear you're not here to learn, orelse you would be on your way, reading and practising for some... months.

I don't write here anymore, maybe since the half of this thread, because I don't have the time. But I can't stand seeing people trashing the good things.

Personally, I don't give a damn if it's distribution or accumulation on a 4H perspective... I'm a small trader, and I wouldn't be able to handle the possible drawdowns trading in such a high TF...
Plus I'm an active trader, taking trades everyday or week, so waiting for setups and then waiting for the trade's development in such a high TF isn't for me.

VSA isn't only about finding when it's distribution or accumulation, and if you're starting to study it now and spend your time only on that, IMHO you're missing a lot of good things.
A lot of good vsa setups, allowing to constantly built up an account... 10, 20, or 40 pips at the time, with good money management.

And sometimes I even feel like forgeting the good rules of MM, giving the fact I spend so many trades without losing one... in fact, it's been a month since my last losing trade, at an average of 1 to 2 trades per day. But I won't, because I'm disciplinned.

So go study and practise... if you really want to learn.
This thread has more than enough material to make any disciplined trader a profitable one.
My 50 cents.

I think you've got a problem no else cld help u figure out else the more it gets complicated. You bet with me u dont need a cent to talk of 50cent if u have read 300pages not to figure out urself what u needed. Try figure out urself man or whimp.

Well said.

Maybe we should start an accumulation/distribution thread...lol

Gez

So, accumalation/distribution is not part of VSA?

Okey, have fun boys.

Someone might help you out if you put up a chart where you think accumulation/distribution was occurring...

This is a learning process, you can't be wrong

http://www.forexfactory.com/showpost...postcount=4717

http://www.forexfactory.com/showpost...postcount=4719

this explains a little about where volume comes from in forex and how it is created

This is extract form Tradeguider PDF.

An Explanation of How and Why TradeGuider Detects Professional Activity in the FOREX Markets!!
Although many people think that there is no Volume in FOREX, eSignal produce a volume histogram with their FOREX data. How is this done, well, you can find out a lot more by going to the following eSignal page:
http://www.esignalcentral.com/suppor...ex/default.asp .
Q: Where does eSignal get it’s FOREX data from?
A: Forex data from GTIS -- an affiliate of FT Interactive Data and sister company to eSignal and the primary supplier, for more than 20 years, of foreign exchange information used by traders, corporations and financial institutions:
Spot rates for more than 100 currencies, as well as precious metals
Cross rates
Forward rates
Nearly 200 global bank and broker contributions (Asia / Pacific Rim, Russia, Europe and North America) -Check out the complete listing from the link below:
http://www.esignalcentral.com/support/symbol/forex2.htx?source=$(source)
Additional contributors: Garban Intercapital, the world’s leading derivatives, securities and money broking business, and Tullett & Tokyo Liberty,
one of the largest inter-dealer brokers in the world.
Forex Market Depth with the ability to view the best bid / ask by Forex contributor.
Foreign Currency Options (FCO) from the Philadelphia Stock Exchange (PHLX), the first organized stock exchange in the U.S. and one of North America's primary marketplaces.
Q: I’m seeing the volume histogram update on FOREX issues in eSignal, what does that volume represent?
A: The volume histogram for Forex issues represents the number of transactions or ticks and not true "trade size" activity. It's much like most futures contracts, where the volume histogram reflects the volume of transactions or updates during each given interval.
It is important to understand that TradeGuider does not need actual volume but relative volume compared to the previous bar to give a VSA indicator. Volume in FOREX can be seen as activity, and it is this activity that TradeGuider picks up extremely well when using the eSignal datafeed.
Here is an explanation from Tom Williams, the creator of TradeGuider.
Q: How do the VSA principles work in Spot FOREX and TradeGuider?
A: First of all you have to realize that the “Smart Money”, or ”Professional money” is very active in the FOREX market. “Professional Money” as we shall refer to it here, can be trading syndicates, individual traders with huge capital, large financial institutions, certain funds such as ‘The Quantum Fund’ operated by George Soros, and large institutional banks.
See further information in this letter from The Derivatives Study Center sent to The Commodity Futures Trading Commission in August 2000 by clicking the link below:
http://www.financialpolicy.org/dsccftcletter.htm
These individuals or organizations are very secret in their dealings, as they do not want others to know what they are doing. The result of this is no volume, however, tick volume works. Tick volume is added to the price movement on every price tick up or down, because one may deal in 5M while the very next trader only deals 500k, but we get one tick each dealer. Bear in mind the number one principle, that from the tick volume created, 90% will be from “Professional Money” and their dealers.
When these very large orders go through, they have a following, the same as the futures pits; this automatically creates more ticks, hence higher volume. So TradeGuider will analyze the tick volume as if it were real volume, and will clearly show this “Professional Money” either participating or just as importantly not participating in the movement of a currency. When we hear of strength and weakness in a currency, this is nothing more than professional support or lack of it, and can be clearly seen on the TradeGuider Chart.
Remember when in 1992 George Soros massively shorted the British Pound forcing the Bank Of England to eventually withdraw from the European Exchange Rate Mechanism, well, this is one very well known example of “Professional Money” having a dramatic effect on a currency. This happens every day, you just need to know what to look for. Have a look at the chart and what the volume did in that famous move by George Soros:

it is my first time to notice the volume in forex.

Thanks and regards

if you leave, we have

Are the Buyers giving up or they prepare to take it up with the news??

What I find difficult is to sit and not have a trade happening-
-Why is that?
It is hard to not trade but saves me time and money-0 (

Haha- well all the pros say overtrading is bad-
Nevermind- it will make sense eventually-=

i see a downtrend, downside momentum. everything else is guessing here. no need to catch the knife.

Thanks for the reply , i am falling with the knife already!!

in the last hours we had few failed tests on eur/usd(15min/1h) and for gbp/usd we had a shake out on 1h but was weak and this was confirmed with a buying climax half hour later...at least this is what i saw. we had good entries for this bearish move, but i missed the entry.
i didn't attached charts because i'm using 3 different platforms in order for my analyzes and analogies with other indices and it's hard for me to show all this...it's more work but is cheaper. by the way there is somebody else who is using live charts with gtis feed for volume data? i'm using them but are very limited, it's the best feed for the price anyway

I cant get this link going?? this is what i get

Maybe try checking your Java to make sure it's the most updated version...

http://java.com/en/

Just a guess, but worth having the latest update either way.

What browser are you using? If its Firefox then you need to install the Windows Media Player plugin. If you're using IE then update to the newest Windows Media Player