In Master the Markets Tom specifically mentions 30 as a look back period. Better volume uses a default of 20. Although I believe the H.G. version uses 30. I have heard that the Tradeguider volume histogram uses a look back of 10 and it is shifted ...

Trade Using VSA (Volume Spread Analysis)

The ideal test will have the following properties: 1. Narrow (NR4 or NR7) range candle 2. The close will be down from the previous candle 3. The close will be in the middle or upper portion of the candle's range 4. The candle will make a lower low ...

Trade Using VSA (Volume Spread Analysis)

yes on both counts. Stopping volume: ultra high volume on a down candle that closes in its upper 1/3 third of its range with the next candle up. No Supplies/tests: narrow range down candles with volume less than the previous two candles.

Trade Using VSA (Volume Spread Analysis)

You the man. Wide spread up bars on high volume at resistance are used to Lock traders in, not to keep new traders out. You can find more nuggets from malcolmb in the VSA thread. Come on in and join the learning.

EURUSD

Whilst it is true that we are making relative comparisons between volume bars, there are some things that can be defined definitively. 1. Volume less than the previous two volume bars is ALWAYS considered low volume. Therefore, the even though the ...

Trade Using VSA (Volume Spread Analysis)

Some may be wondering about the background in my previous post. These two charts are from earlier in evening. The first sign of weakness come a bit before the all important UpThrust. Note that the UpThrust is not only within the Supply/Demand Delta ...

Trade Using VSA (Volume Spread Analysis)

EFFORT vs. RESULT This is a key concept in VSA. One might go as far as to say it is THE key concept in VSA. Trying to qualify effort his very important. To answer one of the questions I was pm'd, understanding effort and incorporating it into what ...

Trade Using VSA (Volume Spread Analysis)

The pic below shows two tests. The basic, or ideal test, will be a narrow range down candle closing in the middle or near the high of its range on volume less than the previous two candles. A and A' are two examples of this. To be confirmed, one of ...

Trade Using VSA (Volume Spread Analysis)

Halfstep; I should have posted this in my original post: The problem most candlestick traders have with candle pattern reliability stems from the erroneous belief that the candle pattern defines the price action. Where as in truth, it is the price ...

Candlestick Education

This is a fallacy. Timeframes don't determine the reliability of candle patterns; it's the patterns themselves that determine reliability. The typical "out of the book" candle pattern tends not to be as reliable as the more advanced patterns used by ...

Candlestick Education

Hi Tom. Just a bit of a warning/reminder. MetaStock FX does NOT support fx volume data. Be sure you are getting MetaStock Pro. As for the data feed, I don't have any information on it. I am looking into MetaStock Pro with Esignal myself.

Trade Using VSA (Volume Spread Analysis)

I'll take a shot at a couple of them. First let me say that your personal trading style matters. You really need to know what it is you are looking for and where it is you want to see it. plume square: From my perspective the first thing to note is ...

Trade Using VSA (Volume Spread Analysis)

tfflyer; All three show the mark up on increasing volume with the next candle down. On the IBFX & Duka feed, the next candle has increasing volume on a narrower spread. This is a squat and a sign of weakness. On the futures, the volume decreases on ...

Trade Using VSA (Volume Spread Analysis)

Thanks Denver. I have a couple of issues with your pic, however: 1. No Demand should be on a narrow range candle. It can be equal in range to the previous but it is prefered that it is narrower. When the range is increasing, it is not no demand. 2. ...

Trade Using VSA (Volume Spread Analysis)

No Demand (ND) is defined as a narrow range up candle/bar with volume less than the previous two candles/bars. It is confirmed if and only if the next bar is down. But let's back up for a second. What does the low volume (less than the previous two ...

Trade Using VSA (Volume Spread Analysis)

There is no point in trying to predict the market. The future is unknown and not knowable. The better question to be asking (yourself) is, "What do I need to see to get either long or short?" Once you can answer that the question becomes, "Where do ...

Trade Using VSA (Volume Spread Analysis)

Malcomlb you stole my thunder LOL. I was just going to say that after the "Stopping Volume" you need to wait for the low volume test within the range of the high volme candle. This is what the book and Gavin teach. By the way, I question wether that ...

Trade Using VSA (Volume Spread Analysis)

Very nice. Thanks for the post. Keep 'em coming.

Trade Using VSA (Volume Spread Analysis)

I have to start out by saying that the VSA signs have not been as crisp and clear lately. I hope this is not an indication that the good Dr. is right. I have attached my chart. There is a lot to see here. Before we begin, let's remember that ...

Trade Using VSA (Volume Spread Analysis)

The entire MTM book has been offered for FREE on at least three sites, two of which are: Tradeguider.com and MakarketManipulation.com. These are TradeGuider sites. Which means they can't violate their own copyright. Once the link is out there, it's ...

Trade Using VSA (Volume Spread Analysis)