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Volume Spread Analysis

  • #1
  • First Post: Mar 15, 2012 11:44am Mar 15, 2012 11:44am
Creating this thread due to the fact no one else wants to believe that VSA is a big part of trading correctly.
  • #2
  • Mar 15, 2012 12:10pm Mar 15, 2012 12:10pm
Hiya People,

As we can see the PA is going up on a stop hunt to cut all the weak holders of shorts out the market and trap people going long.

At the same time the SM is offloading the rest of there longs and entering short, as price goes higher the volume is dropping off meaning that the SM as less work to do.
  • #3
  • Mar 15, 2012 12:19pm Mar 15, 2012 12:19pm
Quoting andyvxr
Hiya People,

As we can see the PA is going up on a stop hunt to cut all the weak holders of shorts out the market and trap people going long.

At the same time the SM is offloading the rest of there longs and entering short, as price goes higher the volume is dropping off meaning that the SM as less work to do.
...which pair are you looking at and what's SM? What indi are you using for VSA?...please could you explain how the VSA tells you this -

"As we can see the PA is going up on a stop hunt to cut all the weak holders of shorts out the market and trap people going long."

I'm clearly a complete VSA newb.
  • #4
  • Mar 15, 2012 12:21pm Mar 15, 2012 12:21pm
SM=smart money..the big guys
  • #5
  • Mar 15, 2012 12:29pm Mar 15, 2012 12:29pm
Hiya,

Im looking at EURUSD, but the move im talking abut is happening on Sterling and Aussie too.

SM is the Smart Money, the Big Boys who move the market and take your money off you by cheating you basically.

You use volume, no indicators, but you can use a moving average for the direction of the trend.

I will post the volume i use.




Quoting sidefx
...which pair are you looking at and what's SM? What indi are you using for VSA?...please could you explain how the VSA tells you this -

"As we can see the PA is going up on a stop hunt to cut all the weak holders of shorts out the market and trap people going long."

I'm clearly a complete VSA newb.
  • #6
  • Mar 15, 2012 12:34pm Mar 15, 2012 12:34pm
Use a called Dragon from Sonic R system for the trend which is a bunch of moving averages.
Attached File(s)
File Type: mq4 SonicR PV Candles (Black).mq4   9 KB | 1,926 downloads
File Type: mq4 SonicR PV Histogram (Black).mq4   13 KB | 1,925 downloads
File Type: mq4 SonicR Dragon-Trend (Black).mq4   12 KB | 1,911 downloads
  • #7
  • Mar 15, 2012 12:37pm Mar 15, 2012 12:37pm
Hello andy I am extremely motivated to learn more on VSA as I've been using it for a few weeks now with great results.

I have found the gann hi-low indicator to be superior to any MA when used in conjunction with VSA data, see my thread for more info. I have lots of VSA documentation as well I'll PM you what I have later. Thanks

Dinesh

Quoting andyvxr
Use a called Dragon from Sonic R system for the trend which is a bunch of moving averages.
Skype: heliosphan187
  • #8
  • Mar 15, 2012 12:40pm Mar 15, 2012 12:40pm
Quoting andyvxr
Hiya People,

As we can see the PA is going up on a stop hunt to cut all the weak holders of shorts out the market and trap people going long.

At the same time the SM is offloading the rest of there longs and entering short, as price goes higher the volume is dropping off meaning that the SM as less work to do.
LOL ya hopefully ppl new when to close out if they took that lil ride today up
"Millionaires don't use astrology, billionaires do"
  • #9
  • Mar 15, 2012 12:44pm Mar 15, 2012 12:44pm
Hye Dinesh,

Yes that would be great hope to work with you in the future on VSA.

I believe i maybe using the dragon in the same way your using Gann, would i be right in saying that.

Using it for Trend direction.

Quoting Dirtybrown
Hello andy I am extremely motivated to learn more on VSA as I've been using it for a few weeks now with great results.

I have found the gann hi-low indicator to be superior to any MA when used in conjunction with VSA data, see my thread for more info. I have lots of VSA documentation as well I'll PM you what I have later. Thanks

Dinesh
  • #10
  • Mar 15, 2012 12:46pm Mar 15, 2012 12:46pm
Hye Orions,

Yes the key is to know when to close a position with profit and not have it taken back off you.

The latest move up i used to add to my position which is ok if you know the trend direction and know where its going next lol

Suppose all im doing is what the SM do, and add to their shorts whilst tricking people long etc lol


Quoting OrionsWay
LOL ya hopefully ppl new when to close out if they took that lil ride today up
  • #11
  • Mar 15, 2012 12:58pm Mar 15, 2012 12:58pm
Anyone want to ask questions please feel free.

Trying to start interest in this thread regarding VSA trading.
  • #12
  • Mar 15, 2012 1:07pm Mar 15, 2012 1:07pm
Hello Andy,

I'm interested in learning and possibly adding VSA to my trading but I really don't know much more than the basics of it. Could you show us how you are using it? What constitutes entering/exiting a position, what are you looking for in terms of volume and price?
  • #13
  • Mar 15, 2012 1:07pm Mar 15, 2012 1:07pm
More than likely Andy. I also like to use a breakoutbox and the sixths indi for s/r this helps tremendously for identifying trend reversals

Quoting andyvxr
Hye Dinesh,

Yes that would be great hope to work with you in the future on VSA.

I believe i maybe using the dragon in the same way your using Gann, would i be right in saying that.

Using it for Trend direction.
Skype: heliosphan187
  • #14
  • Mar 15, 2012 1:12pm Mar 15, 2012 1:12pm
Hiya,

I tried the breakout box few months ago.

I prefer using pur VSA, If you get good reading it, it tells you the story, dont get me wrong each to there own, but through the years i tired all the indicators under the sun, and they all lag.

Quoting Dirtybrown
More than likely Andy. I also like to use a breakoutbox and the sixths indi for s/r this helps tremendously for identifying trend reversals
  • #15
  • Mar 15, 2012 1:13pm Mar 15, 2012 1:13pm
Hiya,

Yes what i will do is post some recent examples.


Quoting hellogoodbye
Hello Andy,

I'm interested in learning and possibly adding VSA to my trading but I really don't know much more than the basics of it. Could you show us how you are using it? What constitutes entering/exiting a position, what are you looking for in terms of volume and price?
  • #16
  • Mar 15, 2012 1:40pm Mar 15, 2012 1:40pm
I understand. I'll send some video's of the creators of the original VSA software, I have tried to mimic their commercial platform..


Quoting andyvxr
Hiya,

I tried the breakout box few months ago.

I prefer using pur VSA, If you get good reading it, it tells you the story, dont get me wrong each to there own, but through the years i tired all the indicators under the sun, and they all lag.
Skype: heliosphan187
  • #17
  • Mar 15, 2012 1:45pm Mar 15, 2012 1:45pm
Hiya All,

An example.

Right let me start by saying its not easy to read VSA and your dont go by indicators, so its not just, this plus this and this equals i enter here, if you get me.

The example i posted is what your looking for.

Volume Histogram at bottom
Coloured bars that match the volume on the histogram
Moving Average for trend

1. The bottom test area (also a double bottom reversal pattern)
After the Mark Down, the SM start to accumulate to go long this can
take time depending on how much they have to exchange a short
ticket for a long ticket.

2. The red bar before the bottom area starts is a selling climax bar, and this is where the smart money start exchanging shorts for longs, but the herd is still shorting away not knowing.

3. The volume drops off coming towards the blue line and there is not one but two bottom reversals, the market then starts moving long away from the first blue line on higher volume, and by the green bar closing on the high means the SM are wanting to go long.

4. The SM then have to accumulate more and the market drops down towards the second blue line, this is where the herd think oh we are short, but us VSA people know its a trick, the bars are downbars closing off the lows meaning the SM are buying in these bars the volume at this time picks up which is what we need to look for also as the herd are battling the SM this in turn creates the volume.

5. The market moves up and breaks the trend line or moving average, once the volume drops off by the second green bar highlighted this is where i would long from, knowing a move up is beginning.

6. The stop can be below the previous swing low or below last pivot point.

7. You then can ride the market till you see the buying climax bar at the top, the market after this bar comes to a halt as the phase of distribution starts.

Hope i have explained that well.

Any questions please ask, any trades i take live now will be posted here.
Attached Image (click to enlarge)
Click to Enlarge Name: 15-03-2012 18-25-56.jpg Size: 210 KB
  • #18
  • Mar 15, 2012 5:30pm Mar 15, 2012 5:30pm
yes keep it all coming, examples and what to look for are key. Your timeframes and also examples of when it goes wrong are useful.

Good.
  • #19
  • Mar 15, 2012 6:00pm Mar 15, 2012 6:00pm
I have several PDF's, start by reading vsa basics. Geared toward a commercial platform, but it gets you used to the concepts. The core VSA indicator can be replicated in metatrader.

I want to master gold trading, see this:

Inserted Video



The Five Qualities of a Speculator (Richard Wyckoff)
(1) Self-reliance: a man must think for himself, must follow his own convictions. Self-trust is the
foundation of successful effort.
(2) Judgment: that equipoise, that nice adjustment of the faculties one to the other is essential to the
speculator.
(3) Courage: confidence to act on the decisions of the mind.
(4) Prudence: the power of measuring the danger, together with a certain alertness and watchfulness,
is very important. There should be a balance between the two.
(5) Pliability: the ability to change an opinion, the power of revision.
Attached File(s)
File Type: pdf VSA BASICS from MTM.pdf   1.6 MB | 6,781 downloads
File Type: pdf Better_Volume_Indicator.pdf   322 KB | 13,564 downloads
File Type: doc Rediscover the Lost Art of Chart Reading Using VSA.doc   1.2 MB | 2,894 downloads
File Type: pdf VSA - Cheat Sheet exec summary read this.pdf   423 KB | 10,146 downloads
File Type: pdf VSABarDefinitionsv2(1).pdf   267 KB | 4,035 downloads
File Type: pdf VSA Quick guide.pdf   53 KB | 3,151 downloads
File Type: pdf Support resistance in VSA.pdf   371 KB | 4,536 downloads
Skype: heliosphan187
  • #20
  • Mar 15, 2012 6:56pm Mar 15, 2012 6:56pm
Here are some various indi's i've come across. Mainly stick to better vol 1.2, but you can see some variations as well. Take a look at the code im not an expert on the differences, besides knowing obviously the session average compares the current candle to the session's average candle instead of the one immediately preceeding. I don't find it useful unless you are trading something highly volatile, maybe its better for lower tf's dont know i stick to higher
Attached File(s)
File Type: ex4 VSA Signals v1.01.ex4   25 KB | 2,078 downloads
File Type: mq4 BetterVolume 1.2.mq4   5 KB | 1,836 downloads
File Type: mq4 BetterVolume ChartBars part1 1.4.mq4   5 KB | 1,658 downloads
File Type: mq4 BetterVolume ChartBars part2 1.4.mq4   4 KB | 1,657 downloads
File Type: mq4 BetterVolume 1.4 plus Session Average.mq4   7 KB | 1,813 downloads
Skype: heliosphan187
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