vsa with Malcolm

took the advice of the veterns here and joined the vsa club...what a wealth of vsa material.... I highly recommend it to anyone new and interested in vsa...even got a personal phone call from gavins brother welcoming me aboard....all for only 50 bucks!!!! cant beat that!!!...thanks again for the advice...best regards, TX

First sorry for the bars being a bit small on this chart but in order to show all of Thursday and the start of Friday's trading I had to zoom out. This post is not about any specific VSA entry but instead it is a 5min chart on which I marked the 4 highest volume bars from LO to London close and I also marked the 2 highest volume bars up in the daily high zone. I am sure that Beljevina would be proud with all the pretty colors and lines but I did this to show just how many triggers can be created during a day and how they are tested and serve as support and resistance throughout the day.

Can you see the entries? Can you spot the various reactions at these trigger levels. I even marked on in red what was the London high... see what price does later in the day at this level. This level was created on high volume but in no way was it ultra high or even remotely close to the highest volume of the day but yet price still respected it. This is why I use more than just high volume triggers in my trading and why I have written several posts showing the strength of levels like daily open, previous day H/L, swing H/L's and even session H/L's...

Anyway take a look at see what jumps out.

sorry but did you read the name of the thread ? rsi bear divergence is no reason alone to sell ... I can show you 100,000 set ups that work and 100,000 that do not

yea yea, i hear you guys loud and clear

excellant post pres78...thanks to you and others here i have a much better understanding on triggers...your effort is appreciated!!! thanks again, best regards...TX

interesting 6e chart ... euro futures

test clearly shown

I think that down move was just a shake out.....we seem to be having strong accumulation down here...

I would like to see another test / break above 1.4360 area and i will start to accumulate a position trade of 60 contracts on way up to 1.5700 , just need a little patience for this to unfold .

will be looking at the weekly carefully on this on on a week to week basis

now if you add a little vsa to that divergence technique .... then powerful set up. you can see which ones are strong and which ones are not

slowly but surely going to learn VSA with your help

this is very interesting on the weekly

down bar UH high vol , next bar up , now if we see a test get long for one of those 2000 pip mega trades

Yeah seems like we are just seeing strength on EURO



5 minute breaks through resistance on good increasing volume.

tests the level later and get a 2 bar reversal.

Pure demand I suppose.




30 minute shows dips being bought I believe.

Poor old Strauss .. CIA set him up but hey he still gets his 250,000 per year pension for 3 years worth of work even if he is in jail

Hey he could just donate it to Greece ...lol

You make it look so simple! But then perhaps it is when you look at it like this.

Actually to be honest I cant see the entry points (trigger). I see what you are saying but the entry point is a little lost. I know it is just after the retest huh.

Ill do some more reading and get back. have numbered them so I can look a little closer on My chart.

Great post

as always ,appreciate your post and insight into the market....i dont always understand all of them but as i continue to study vsa they become more clear...really appreciate all your work !! best regards, TX

Shoulda joined the Illuminati

There is 3 threads in FF that I recommend reading to my fellow traders..

James 16, Sonic R and the another one is VSA by Mal..

Gr8 work Mal..

Sonic

When they accumulate, they are taking out floating supply, and when it`s done, it can go up with low volume, because there is no sellers left.
But I think this is too easy, and no real shakeouts, maybe I am too scitsofrenic, but looks too easy to go long atm.

Malcolm,
What is that instrument? Is it a stock?


sEB

that 6E (euroFX futures - Jun11 expiry i assume)

yess master sonic I follow you and find gold.

People like sonic, malcolm, james16 or bemac give me the power to share (and try to give back)

My ultimate goal is to become a good trader. These guy was a big part on it.

enigma4x

just my point of view not more ...

enigma4x