vsa with Malcolm

Hi guys,

very nice thread! I am using VSA in stocks, having read and studied most of the books and webinars from Gavin and Tom, wonder if I can post my chart to compare my VSA analysis with you.

Thanks

Hello Acep

Please feel free to do so. It is a great thread to discuss and share anything about VSA.

InnerGrowth

Thank you very much: I would like to show and compare my VSA thoughts on this daily stock



This stock come from a long down move and seems to be in an accumulation phase. I suppose it is not ready for an up move since the 2 rightmost bars shows close in the middle, effort no result (on latest-1 bar), and selling appears on bar -5 and bar -6 due to the middle close.

There is also a beautiful upthrust, all signs of weakness.

I expect a further drop down to the rectangle price zone before any substantial up move can unfold.

As VSA experts always states, when and if price come back down to test this area, we can have either

1) a low volume down bar, to confirm selling has dried up and then a good rally can start, or
2) high volume down bar closing below this price zone (<11), suggesting increase in selling and further decline in price

As last option we could have a shakeout, so a rapid mark down in price to recover in close suggesting demand is entering.

Would be glad to hear your opinion.

Note: Overplotted on volume is a SMA (30).
Volume bars color means close to close while price bars color means open to close

Edit: changed my chart since there was wrong price plot on previous one

Hi Acepsut,

Welcome to the thread ! Your analysis of the stock is solid. I wanted to ask you about something else. I noticed that you started a thread about cycle analysis years ago. To be honest, I've been experimenting with combining VSA and price action with cycle analysis. Do you still use cycle analysis ? I just posted at your cycle analysis thread. Can you please take a look and give me some feedback ?

Hi pooh, my reply in cycle analysis thread.

This is the updated chart: price dropped down to the support price area, down bar closing near the low, with less volume compared to the previous times when prices reached the 11 € support zone.

It seems this stock is ready for an upward move since the support zone has been tested several times succesfully.

Any VSA expert opinion appreciated.

Hi All,

H1 EURCHF and EURJPY look like they're in a minor distribution phase IMO. (Countertrend)

Sneaky UT on the EJ, so EC was the better trade. Hope someone got some pips.

Hey, I'm still in the learning phase, I had a trade today, but have no idea, what went wrong. I'd be thankful, if somebody could point out my mistake.

H1 Gold, I took this as an uptrend, it looks better on H4 and D1, I also haven't seen any sign of distribution.



Then I entered on the 5M after the low volume test at the blue rectangles.



Bit later prices started to fall without any signal (well at least I didn't see anything). There weren't any news at that time. Though the long lower wicks made me think this is some trap move, but in the end I got stopped out.

Thanks for the tips in advance.

AU H1 testing EMA50 on low volume upthrust after supply comming in


situation on M5, my entry 3. ND

Want to close all trades before market closes

I was too busy today and so I should not have traded
I am just ok with the day's trading
Closing everything down - up 115 pips for the day
I think it was better luck then management
- other then reading the news right

This was a good trade from today - 2BR in a supply zone
trigger was a No Demand bar

I do not trade the stock market
but if we get a ND bar - also might be good to watch
also maybe watch AudUsd

closed down before day end
volume is quite low in Forex these days

did anyone short AUDNZD & AUDJPY? please post your charts here, thank you.


lets compare notes

chart of the day, you don't find charts like this everyday, there's a lot on this chart that amateurs & newbies could learn.

but the problem is I don't feel like teaching today, only wanna compare notes so anyone who shorted this pair do post your chart.

Well this thread is a little dead.
I had a good day danced around news a little

few weeks a ago I gave this as a gift
I think I showed it works very well I hope others can use it
cheers

TEB


6. TradeGuider Chart Look Alike

If you want to have a system that work like the diamond and volume try the below
- There maybe a few other small rules - but you will be amazed how close the below will come
A. Basic 'Diamond Indicator'
Uses a 5 period MA as its default. - Its easy to eyeball it
Logic:
If Price closes below the MA a red diamond will paint in Trade Station.
If Price closes above the MA a green diamond will paint.
Notes:
1. white diamond: warning of a possible trend change and that is the white diamond.
(a) If you're in a downtrend, closing below the MA then all of a sudden you get a close above the MA that would paint you a white diamond.
If price then reversed and closed below the MA on the following bar, this would also be a white diamond.
(b) In order for either the red or green diamond to paint, it will need to be a 2nd close on that side of the MA since the 1st will be white.
2. If the MA goes from down to up then it goes red to green immediately.
3. If it is still down but the close is above then it will go white.
4. If a Bar move down in an downtrend taking out 2 or more bar's lows & closes diamonds will go right to red.
Chart
B. Relative Volume Band Code:
Average range is just a 15 bar EMA.
Very High Band is 1.75 times the 15 EMA.
Very low range is 0.25 times the 15 EMA
Logic:
Any reading equal to the upper band = Very High Volume.
Any reading above the upper band = Ultra High Volume
Any reading between the middle band (average) and upper band = High Volume
Any reading around the middle band = Average Volume
Any reading in the area below the average band and the lowest band = Low Volume
Any reading below the bottom band = Very Low Volume

Note: Tradeguiders big diamands are based on 3 higher highs (green) 3 lower lows (red) - mix is (white)
UpBar in downtrend on low Volume doesnt count - DownBar on a uptrend on low Volume doesnt count

I'm still learning hard, but I noticed this on EN. (I don't watch this chart usually, also there might be more things on it.)



1: Massive volume on small bullish candle, with bearish reaction, huge SOW.
2: No demand below the support line, on 5M, there was a proper confirmation of the NDs before price started to plummet.
3: First price drilling through the support without any sign of buying. Then stopped at this level, but there was an upthrust to the minor resistance above.


By the way, any tips from anybody, about avoiding missing good setups, because news make the price to just bust through everything? I had my setups marked on GA, EA, UJ, GN, and they all played out, but they weren't the safest setups with low volume retest and all, because just news made the price fall through rapidly.