Based on your chart it is a test that has appeared to have failed. With tests we really like need to see an immediate upside reaction to consider it a successful test. Technically immediate would mean the next couple of intervals, but for practical ...

vsa with Malcolm

Let's start with some definitions: (1) No Demand: a narrow range UP candle on volume less than the previous two candles, that closes in the middle or low of its range. (2) Test: a narrow range DOWN candle on volume less than the previous two ...

vsa with Malcolm

Bethel, I have attached a chart. The first thing to note is that we had a high volume down candle closing in the upper portion of its range with the next candle up. This is strength. In fact, this candle is stopping volume. Not the time to get long, ...

vsa with Malcolm

The chart tells all (literally). But the main thing to think about is that there is no trend change after the Up Thrust. No trend change no reason to look for a short. Also note that there is heavy strength in the background in the two down candles ...

vsa with Malcolm

The thread really could stop right here. I hope it doesn't but this is it (trading with VSA and successful trading in general) in a nice little package. EDIT: I would add don't try and predict the markets-surrender to them.

vsa with Malcolm

Actually there is a such thing as a reverse up thrust. You could not be further from the truth. In VSA we have: Buying climax: Weakness ............Selling Climax: strength Up Thrust: Weakness .................Reveres Up Thrust/Shake Out: Strength ...

Trade Using VSA (Volume Spread Analysis)

Mal can you post an EU chart from TG? Thanks in advance.

vsa with Malcolm

Take a look at the chart below. The No Demand on this chart is very nice and is within the long shadow of a beautiful Up Thrust. The long shadow show price rejection. Thus when price move back into this "rejected" area, it does so on decreasing ...

vsa with Malcolm

I used to have a major problem with Gavin and Malcolmb. "They call themselves VSA traders yet they have indicators on their charts",I would say to myself. What I have come to understand is that while they have indicators on their charts, they are ...

vsa with Malcolm

Mal where am I going wrong? — My volume is naturally different: Spot vs. Futures. My last candle looks like a ND candle. It needs to be confirmed with the next candle down. Mal, I must be mistaken because I do not see yours as a end of a ...

vsa with Malcolm

I think you ment to say, "I entered at the break of the high of the TEST/NS. A successful and ideal test/ns is going to close down with the next bar up and signal strength. A ND is going to close up with the next bar down and signal weakness. When ...

vsa with Malcolm

Captain obvious says; "Malcolmb is on the mark". Nice job Mal. You are scary good. A: Mal has pointed out previously that VSA is not one bar/candle, and why he would not be looking to go short here. It is true that the candle closes well off its ...

vsa with Malcolm

I think a lot of traders, especially new ones, trade smaller timeframes because they FEAR being in the market. The fact that YOU don't trade the emini on a 2,3, or 5 min, therefore, may in fact say more about your level of competence and control ...

vsa with Malcolm

I must admit that I never intended to use SMART. I did get the impression that it was going to be free and Shamus was providing a tool out of the goodness of his own heart. And maybe as a snub to TradeGuider. What bothers me most is that the BEST ...

Trade Using VSA (Volume Spread Analysis)

Tom says there are professionals on ALL timeframes, not just the larger ones. We know that professionals are not all long term traders. Some scalp. Well they are certainly not going to scalp off a 15 minute chart. Regardless of size. It stands to ...

vsa with Malcolm

Somebody sent me a message with a question and an attachment. I still haven't figured out how to add an attachment to a pm, so I am posting it here. I hope the sender doesn't mind. To be honest distribution and accumulation are a bit hard for me as ...

vsa with Malcolm

LOL. It is kind of funny how many people enter this business with the desire of freedom only to find themselves enslaved to the screen. Yet again you prove yourself to be the trader’s trader .

vsa with Malcolm

Absolutely spot on. I would add "end of a rising Market" and "bag holding" repectively. Both are rare, but incredibly powerfull. Brilliant. This is not a disagreement, but I would say that as important as a change in the hulls may be, one needs to ...

vsa with Malcolm

Humble Pie — Humble Pie. If you can't beat 'em, join 'em. Based on the thread title I don't know if I should post here. But then again, I have moved into Mal's camp more than ever. I don't use Hull MAs or some of Mal's other tools, yet his ...

vsa with Malcolm

I would argue that you never do, as the future is unknown. With that said, I know Tom Williams says the longer the accumulation or distribution phase, the longer the up move or down move respectively. You're in my wheel-house now. LOL. First let me ...

Trade Using VSA (Volume Spread Analysis)