vsa with Malcolm

Great Stuff

Took a quick one on GA, target was 1:1 RR. Break of the previous support, wait for a retest/an ND/both then enter.

Christmas gift

https://drive.google.com/folderview?...bFhrVkk&ddrp=1

Thank you...From Chart Reading master Class part1 and part2 are not available....can you repost them please?

That`s strange, they work fine for me.

I'm interested in using VSA for determining strength and weakness of a level and also for potential swing points / reversals / bottoms and tops. Before any of that, I want to know if I'm understanding some of the core principles of VS properly.

Here's a chart of my analysis along with my prediction.

I'm hoping one of you can look at it, tell me where I'm wrong in my analysis, and correct me.

I also have a few questions.

Text Box 1:
1. Why did price break out on low volume? Asia session is all I can think of.

Text Box 2:
2. Why high volume on the retest? I've read that retest of volume is supposed to be medium-low and price closes near the high, if it's a retracement of an uptrend.

Text Box 3:
Price looks like it broke out of the range strong (and closed outside of the previous swing high). Any potential indication that the sharp retracement would ensue?

You're the man. Thanks and Merry Christmas to you, too!

I can watch it that is OK...just cannot download it like other available files...

click on the "Add to Drive" or "Open Drive". Then go to the video in your Drive account, right click the video > "Make a Copy". You should be able to DL the copy.

Just a word of caution on your last bar highlighted "selling".

Whilst I agree there's no question Euro is weak, I've seen patterns like this before. Big volume comes in at the right point, at a retest of the absolute low (see the background on my daily chart). The bar on the face of it looks weak, and I agree there must be selling in there. But based on previous experience a bar like this, at the right point could be a turning point for the euro - at least in the medium term.

I just advise caution

[quote=Steve Gill;8665932]{quote} Just a word of caution on your last bar highlighted "selling". Whilst I agree there's no question Euro is weak, I've seen patterns like this before. Big volume comes in at the right point, at a retest of the absolute low (see the background on my daily chart). The bar on the face of it looks weak, and I agree there must be selling in there. But based on previous experience a bar like this, at the right point could be a turning point for the euro - at least in the medium term. I just advise caution
Yes. You. Migjt well be. Right

Any analysis on the Daily EU guys?

LOL, nice chart description!

Hey guys, longtime lurker here. I've been following this thread for a while and I feel I've learned a whole bunch about VSA. Thanks!
Took this long on EURAUD yesterday after a nice two bar reversal on previous resistance turned support. Squeezed out 99 pips.

And another on EURAUD, this time a short after I saw high volume at the highs. Still have to work on my entry timing as this one took quite a bit longer to hit TP.. but it did. +111 pips in the pocket.
Anyone care to share some constructive advise?

Some scalps on EURAUD, my favourite. +51 pips.

The first one is a rejection of the Daily Open on, of course, EURAUD: +100 pips.



The second one is a drop after the break of a support lvl on nice bearish volume on GBPNZD: +70 pips.



BTW, I implemented a Heat Map indicator to better my timing entree. So far so good!

EN was the chosen one for me: