VSA with Clifton

I think he is referring to Pete's youtube video where he is mentioning that IBFX was reliable up to the point it was bought up by FXCM. From that point the volume was exegurated. Because the up volumes were too far up and the down volumes were extremely low, shown in the volume histogram (in the volume indicator). Pete tested out 3 or 4 volume data feeds and says that FXDD has the most reliable volume data feed, similar to what was previously IBFX. Pete had to change because IBFX from FXCM is now unreliable, according to Pete.

For the newsbies I would like to support them and explain what VSA method is. Below information is not from 1 teacher, I did complete trainings of multiple VSA and Wyckoff teachers:

Indicators
- Clock
- 50ema
- 14ema
- Volume indicator (use FXDD volume data feed)
- Fibo
- Daily/weekly/monthly pivot on chart
- PA
- S/R
- RSI
- Cluster indicator (works best in h1/H4 chart)
- Channel trendline



VSA terms
- Buying climax: the end in a buying trend
- Spring: test where price reaches back to SV level
- AR automatic rally (= no supply): first area of resistance after SV. AR is always bullish
- AS: automatic support: first area of support after SV. AS is always bearish.
- SV: stopping volume: first candle with highest volume
- NS: no supply
o Bar is lower than previous 2 volume bars
o Candle is bearish
o Candle contains shadow down?
- ND: no demand


Trading
- Entry 1
§ Next bullish candle
§ Don’t enter on a fibo level
- Entry 2
o Another way to enter is: when in a large downtrend with a lot of buy volumes and still continues downwards. Then whenever there is a huge SV you can enter earlier without AR-confirmation

- TP
o Look for previous high volume bars (before SV) and use those candelesticks with high volume as TP
o Whenever I see opposite candles with high volume
o Symmetry (aka draw previous uptrend and copy as projection)
- SL
§ Pete: 10-15 pips above first candle that has highest volume
§ Tom says 30 pips SL
§ If SV already has a shadow below (as in fakeout) then SL can be closeby about 5-10 pips
§ Move SL below 50 fibo

- Partially take in my profits when: (or add to your position when the direct opposite occurs)
o AR/upthrust has high volume (the exact candle that bounces off the S/R, the volume of the mid-candles are not so important) [IMG]file:///C:\Users\zonne\AppData\Local\Temp\msohtmlclip1\01\clip_image010.jpg[/IMG]
o NS has low volume
o a bearish SV is placed higher than the next candle
o previous lows that are BEFORE the bearish SV, has low volume.
o SV has low spread
o SV doesn't contain a pin/shadow/wick
o near SR levels, daily/weekly/monthly pivots, fibo level 50, 50ema (or even 40ema in one of Pete's videos).
o Or looking in the smaller M5 timeframe, a sudden big volume bar on a bearish candle usually means price gradually falls
o after 16gmt Pete seems to make more loser trades, Pete mentioned. So it only makes sense that one would partially take profit sooner after 16gmt
o trend is your friend. It only makes sense to partially take profit when buying in a bearish main trend, incasu EUR/USD where you can clearly see that main trend is bearish in the bigger timeframe.
o if the 5 waves (from Elliot wave) hasn't finished yet, then there is a smaller probability that price will already reverse (and instead you may rather suspect a small retracement). So it makes sense to partially take profit sooner rather than later.
o near the end of a symmatry trendline projection

Subscribe to the great threat about VSA!
Thank you Clifton

Hi all! Im also using VSA in my everyday trading!
so what do you think about such trading idea?
Natural gas futures have been showing great dynamic. Buyers fully control the market and instantly buy back any correction. The volume level of customer support is in the zone of 3.15. We see a continuation of the growth of quotations with targets of 3.28 - 3.315!
Volumetric analysis chart in volfix

What a move in NATGAS today and this week!
What platform are you using?