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vsa with Malcolm

  • #21,961
  • Oct 4, 2011 1:32pm Oct 4, 2011 1:32pm
On the move so I'm using my phone chartos later if I take anything


Nice pres
  • #21,962
  • Oct 4, 2011 2:01pm Oct 4, 2011 2:01pm
I do not know if may be of anyone interest but here it is a chart on EU/USD 5' where a nice Accumulation Phase could be clearly seen.

BB were entering the market to absorb floating supply previous to Bernanke's news. And using the news to fake a down movement to a PS area with a nice SO and then boom!!!

I like to use the Wyckoff wave concept as an estructure to then find the best spots with VSA.

I would call PS (Preliminary Support), SC (Selling Climax), AR (Auto Rally), PSY (Preliminary Supply), ST (Secondary Test), UT (Up Trust) and SO (Shake Out) the main Wyckoff ingredients, plus the idea of Accumulation itself, Distribution, Reaccumulation, Redistribution, Crossing the Creek, and Breaking the Ice.

Then of course the ideas of Effort vs. Result, and imbalances in the Supply and Demand and so no and so forth.

From this structure I use VSA to signal windows of opportunity.

I wish it makes sense.
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  • #21,963
  • Oct 4, 2011 4:36pm Oct 4, 2011 4:36pm
Entered on my phone on the close of the first bar, target hit on the second marked bar. Based on: trend, price structure, price action/volume
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  • #21,964
  • Oct 4, 2011 5:21pm Oct 4, 2011 5:21pm
Quoting Lluna
I do not know if may be of anyone interest but here it is a chart on EU/USD 5' where a nice Accumulation Phase could be clearly seen.

BB were entering the market to absorb floating supply previous to Bernanke's news. And using the news to fake a down movement to a PS area with a nice SO and then boom!!!

I like to use the Wyckoff wave concept as an estructure to then find the best spots with VSA.

I would call PS (Preliminary Support), SC (Selling Climax), AR (Auto Rally), PSY (Preliminary Supply), ST (Secondary Test), UT (Up Trust) and SO (Shake...
Very nice chart and welcome to the club.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,965
  • Oct 5, 2011 4:47am Oct 5, 2011 4:47am
First post: short and sweet guys

http://img710.imageshack.us/img710/2909/dsdsd.gif
  • #21,966
  • Oct 5, 2011 8:08am Oct 5, 2011 8:08am
Ok i'm new to VSA, only 3 weeks but i try my best to learn with the charts provided by pres, HG and the others. Thanks for your detailed charts. Whithout you, i would have stopped after the first reading of Master The Market.

I can remember the first time i read the terms " A polar bear in hawai", i said to myself, what the heck does that mean ? Now i know, after the third reading of MTM that a No Demand is not a real ND in an uptrend.

The important thing is the background.

My point is, VSA is not easy to understand, and posting a chart whitout explanation in my opinion is useless. I can understand your trade Paul Tuder, but how a newbie vsa trader can understand a chart without a single word on it ?

Just say: " Took the short trade after the No Demand at Previous Trigger Level given by a buying climax"

Just a few words, and it's a lot easier for everybody.

I don't want to criticize you, it's just to help the beginners...like me. I will try to post as soon as i can, when i'll demo trade.
  • #21,967
  • Oct 5, 2011 1:15pm Oct 5, 2011 1:15pm
getting short @ .33648
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,968
  • Oct 5, 2011 1:22pm Oct 5, 2011 1:22pm
I saw point A as possible supply coming in. However If point A was all selling point B would have closed further down on its lows however poing B also closes in the middle. I entered on break of Point C which is a test with a target of .3373.
No where an expert and possibly not even a good trade as I see HG just shorted at my target point lol.
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  • #21,969
  • Oct 5, 2011 1:24pm Oct 5, 2011 1:24pm
Quoting HiddenGap
getting short @ .33648
Limit order hit. Here's what I was seeing....Now watch the market humble me in real time LOL.
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,970
  • Oct 5, 2011 1:55pm Oct 5, 2011 1:55pm
If price gets above .3380 time to lick my wounds and get out.......... That would be above the Up Thrust.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,971
  • Oct 5, 2011 2:00pm Oct 5, 2011 2:00pm
Quoting HiddenGap
If price gets above .3380 time to lick my wounds and get out.......... That would be above the Up Thrust.
pic:
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,972
  • Oct 5, 2011 2:00pm Oct 5, 2011 2:00pm
Quoting HiddenGap
If price gets above .3380 time to lick my wounds and get out.......... That would be above the Up Thrust.
looks like you're safe. take a look at m30 zoomed out. it's going to take a lot to take out resistance waaay to the left, with the 2 tops/incoming supply bars to the immediate left.
  • #21,973
  • Oct 5, 2011 2:10pm Oct 5, 2011 2:10pm
Quoting RaverStyleTim2
looks like you're safe. take a look at m30 zoomed out. it's going to take a lot to take out resistance waaay to the left, with the 2 tops/incoming supply bars to the immediate left.
Just printed a No Demand..a much better entry in truth. let's see if it gets confirmed.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,974
  • Oct 5, 2011 3:15pm Oct 5, 2011 3:15pm
Upon further inspection, that was a No Supply and not a No Demand as it closes down and not up. The wick had me thinking it was No Demand and the close looks even but it is slightly down. Whilst No Demands can close down, they need to make a higher high if they do.

The better thing to do would have been to first no miss read the NS as ND and then see the Up Thrust. This is the place to enter. Or you could wait for a No Demand after the Up Thrust. In that case, there were some NDs but they would not have gotten you into the market as they were not confirmed and price contiued higher. You would then want to enter after the Supply candle.

I wanted to do a real time trade and I think my enthusiasm got a bit ahead of me. Ultimately it worked out okay.

Anyway, out based on ToD. @ .33352
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,975
  • Oct 6, 2011 7:00am Oct 6, 2011 7:00am
Can anyone post a futures euro and pound chart. Thx guys.
  • #21,976
  • Oct 6, 2011 7:15am Oct 6, 2011 7:15am
Thanks for the educational posts HG, I'm excited to learn that an ND is allowed to close down at the last second provided it poked its head high enough to make a local high.

Here is cable M15
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  • #21,977
  • Oct 6, 2011 8:30am Oct 6, 2011 8:30am
Could we call a ND closing lower a Hidden ND ?
  • #21,978
  • Oct 6, 2011 1:20pm Oct 6, 2011 1:20pm
Failed Trade i prob shouldn't have taken. But failed trade is a trade worth looking still.
First x marks what i saw was support.
Second X marks a no supply bar which in retrospect i think could of valid.
Anyone wanna mark it up and let me know what went wrong?I know supply was present but like i said i saw support.
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  • #21,979
  • Oct 6, 2011 1:35pm Oct 6, 2011 1:35pm
Quoting RaverStyleTim2
Failed Trade i prob shouldn't have taken. But failed trade is a trade worth looking still.
First x marks what i saw was support.
Second X marks a no supply bar which in retrospect i think could of valid.
Anyone wanna mark it up and let me know what went wrong?I know supply was present but like i said i saw support.
Hey bro, does this help?

Edit:

Also when marking HLs from the M15 I like to look for my entries on M5, retests of broken SR when there's volatility, supply and demand zones with the trend as well. Don't look for too many pips from these, RR is more of a retrospect stat for this kind of trading. For example moving your stop to the right place at the right time to remove risk and keep average loss smaller than average win, even with 1R targets.
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  • #21,980
  • Oct 6, 2011 2:47pm Oct 6, 2011 2:47pm
Today would be a good day to post example of tests in a rising market and show typical long trade setups off of such tests.
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