Tfflyer; To be honest, I don't like that short entry there. That fact not withstanding, I would say that you should either exit on the close of that candle in question or look to stop and reverse (get long) on that candle. That candle is very ...

Trade Using VSA (Volume Spread Analysis)

Let's clarify the situation: 1. The next candle makes a higher high, which brings us into the market, but closes lower than the close of the test candle. 2. The second candle fails to make a higher close than the test candle. Well, that would mean ...

Trade Using VSA (Volume Spread Analysis)

1) Whilst things can change on that first candle after the test, generally speaking I would use a breach of the high by the next candle as an entry signal. If it doesn't come on the second candle, it's time to re-evalute the situation. And the first ...

Trade Using VSA (Volume Spread Analysis)

Thanks for all the responses. This is how the thread should be. Here's my perspective: I don't like no demands that make lower lows. In Hindsight, I would call that candle a Key Reversal Bar/Hidden Test that fails. As a KRB, it makes a lower low, ...

Trade Using VSA (Volume Spread Analysis)

Was trying to get an entry in the green square, but could not find one. What did I miss?

Trade Using VSA (Volume Spread Analysis)

If I remember correctly, I heard esignal doesn't provide end of day data for spot forex.

Trade Using VSA (Volume Spread Analysis)

tfflyer; Remember, No Demand occurs on up closes, not down closes as your pic displays. Alternatively, the close can be equal (especially if the candle makes a higher high) but it does not happen on a down close. Down closes on volume less than the ...

Trade Using VSA (Volume Spread Analysis)

Been slow around here of late. All the VSAers must be making too much money to post. Here's a trade from a couple days ago. There are some interesting things here. Let's take a look at the chart. A. I know I have said it many times before, but it ...

Trade Using VSA (Volume Spread Analysis)

Markets are governed by the law of supply and demand. Understanding the supply/demand dynamic via price and volume goes back at least as far as Wyckoff (late 1800's to early 1900's). Understanding the supply/demand dynamic thru price alone goes back ...

what really works through test of time ... ...

VWAP= Volume Weighted Average Price VAL= Value Area Low VAH= Value Area High VAL & VAH are terms used in Market Profile. Another MP term you might see here is Naked, or Virgin, POC. This is a previous POC that had not been re-touched by price action.

Trade Using VSA (Volume Spread Analysis)

Unless otherwise stated my charts are of the 5 min. timeframe. There is a very nice, but advanced short entry there. Followed by a second entry involving our good friend: no demand. I do not have access to my charts at this time, but if you bare ...

Trade Using VSA (Volume Spread Analysis)

"The market takes the stairs up and the elevator down".... There is a reason for this and Tom explains it in MTM. This post is not so much about that, but the concept can be plainly seen in the chart below. I just wanted to highlight this in light ...

Trade Using VSA (Volume Spread Analysis)

There was a question about closed zones. I consider a zone open until there is a close below, a close above and some price action thru the zone. Once a zone is closed, it is no longer a valid area to enter a trade. Some traders do continue to use ...

Trade Using VSA (Volume Spread Analysis)

Tom, I have not used tick chart so what I have to say needs to be taken with a grain of salt. First, I really like the idea that a chart will "Speed" up when there is more activity. Understanding the rate at which the chart is unfolding can be ...

Trade Using VSA (Volume Spread Analysis)

By close higher than both the previous close and its open. ITS refers to the current candle not the previous candle.

Trade Using VSA (Volume Spread Analysis)

The candle marked KRB did not close down, it closed up. The definition of Key Reversal Bar being used here, makes no reference to the high. The candle needs only to make a lower low (for bullish reveral), open higher than the previous close, and ...

Trade Using VSA (Volume Spread Analysis)

A hidden test closes up and is often mistaken for a misplaced no demand. Ideally, a hidden test makes a lower low and then closes up. In the case you are asking about, it does not make a lower low but is an inside bar: neither a lower low nor a ...

Trade Using VSA (Volume Spread Analysis)

Just wanted to post these two pics. The first one the forest and the second one is the trees. From the forest, we get the market structure. We see that the trend is down and we see the market making lower highs within a supply/demand delta zone. On ...

Trade Using VSA (Volume Spread Analysis)

Not a lot of activity here, maybe due to the Holiday. Here's a chart of a trade just taken. The market gave an interesting "tell" that we don't see much. Take a look at the double arrow. This candle is a wide spread down candle closing off its low ...

Trade Using VSA (Volume Spread Analysis)

From a VSA point of view this is incorrect. The actions on the left don't disappear just because a new climatic action candle appears. If that was the case, then we would of expected prices to fall after the third climatic action candle on the ...

Trade Using VSA (Volume Spread Analysis)