I received a video message from Gavin Holmes yesterday about a trading contest. In that video he specifically references this thread. I think that is a testament to the work of Shamus, Malcolmb, Yuppie and all the other great posters here. Good job ...

Trade Using VSA (Volume Spread Analysis)

I keep them open until there is a close above , a close below and some price action thru the zone. Therefore if you get a close below and then an actual gap that closes above, the zone is still open. However, some traders choose to keep them open ...

Trade Using VSA (Volume Spread Analysis)

Despite my disdain for indicators, I would love to see this. Please post a link if it was recorded.

Trade Using VSA (Volume Spread Analysis)

I was afraid you would say this. Expansion body analysis is about an understanding of the price action but generally speaking, it does not dictate trade direction. So a white candle (open<close) does not necessarily mean you look to take longs. And ...

Trade Using VSA (Volume Spread Analysis)

Please post where you took the short. I have attached a chart with what I see. Remember volumes may vary here and it is possible that your trade was a valid entry that just didn't go your way. That happens sometimes. It appears that you understand ...

Trade Using VSA (Volume Spread Analysis)

What do you mean by VSA indicator? VSA is about price (close), volume and spread. You don't need any indicators. Shamus is working on an EA that will help read the bars, and everyone is waiting with bated breath. I am sure it will be great, but it ...

Trade Using VSA (Volume Spread Analysis)

Euro_Dude; The two tests are bullish in and of themselves. However, as soon as you see a wide spread down candle that both engulfs and closes lower than the tests, this is no result from a test(s). This is weakness. With no demands, it is more ...

Trade Using VSA (Volume Spread Analysis)

Rockk; To be honest, I am not sure if that is an up thrust. It is a narrow range down bar with volume less than the previous two bars. Looks like it may be no supply. It does close down near the low after making a higher high, so some selling did ...

Trade Using VSA (Volume Spread Analysis)

I mentioned this once before, but I thought I show it again here. This doesn't always happen of course, but often we see something very interesting happen when an effort to rise occurs. More specifically, an effort to rise that also is a key change ...

Trade Using VSA (Volume Spread Analysis)

First, welcome. Hopefully, you will get a few responses here to your question so we all can learn. Let's start off by saying you don't have to completely disregard any analysis techniques just because you use VSA. VSA is "stand alone" but if other ...

Trade Using VSA (Volume Spread Analysis)

In one of my first posts on expansion bodies I talked about volatility. I spoke of the significant EB7 creating a pocket of high volatility where one could look for a low volatility signal. The best low volatility signal would be a no demand that is ...

Trade Using VSA (Volume Spread Analysis)

Zoli, thank you. Your work with sister (or parallel/inverse) trading is a great addition to this thread. I am truly enjoying your posts. Wow.

Trade Using VSA (Volume Spread Analysis)

The math geeks will answer with equations and talk of ROI and winning percentages and the like . I look at it from another perspective. The real question that has to be asked, is trader A taking 1000 trades for 5-20 pips BECAUSE he is afraid to be ...

Defining who is a better trader...

Great work zoli. Thank you. keep 'em coming.

Trade Using VSA (Volume Spread Analysis)

MFI: Market Facilitation Index. It too, I would guess, is available standard in MT4.

Trade Using VSA (Volume Spread Analysis)

Many times you will see a wide and increasing spread candle on decreasing volume. Volatility is increasing while volume is not. Therefore you can't (always) "see" volume in the range or spread of the candle. The opposite is true. An end of a rising ...

Trade Using VSA (Volume Spread Analysis)

It is true that the ideal test bar will close lower than the previous bar, but it is possible for tests to close higher. The background is littered with strength, which predisposes you to look for tests rather than no demands. A no demand would be a ...

Trade Using VSA (Volume Spread Analysis)

I broke this up into two post, because some might not want to read this non-vsa stuff. I hope they don't view this as padding posts . Obviously, there is a bit more going on with expansion bodies that result in significant changes in the ...

Trade Using VSA (Volume Spread Analysis)

This is in response to a PM I received. I am answering it here, because I think many people may benefit. * Expansion body analysis (aka WRB analysis) is independent of both candlestick analysis and volume spread analysis. Therefore expansion body ...

Trade Using VSA (Volume Spread Analysis)

VSA is based on the teachings of Richard Wyckoff. Wyckoff was a stock trader. In stocks, there is an actual supply-the amount of shares available for trading. Many people today trade currencies or indexes. There is not a true supply as a contract is ...

Trade Using VSA (Volume Spread Analysis)