Hope you find some value in this. Interesting set up in the Euro/USD on the 5 min. A: Effort to Fall candle. Wide spread down candle on climatic volume that closes slightly off its low with the next candle up. Some Demand (buying) is hidden in this ...

Trade Using VSA (Volume Spread Analysis)

I don't really have an answer to this question, but I am reminded of something I saw a few years back. It was just after 9/11. The "markets" had been closed and where opening up for the first time since the actual event. CNBC had a trader on that ...

The Ethics of Trading - Is Trading Parasitic?

Very nice first post. I have attached a shoot of Malcolmb's chart. I would agree that the wide spread up candle on ultra high volume is Strength. While markets do not like up bars on ultra high volume, in this case it is "pushing thru supply". The ...

Trade Using VSA (Volume Spread Analysis)

While Chalk is quoted above, this response is not directed at him. These are my thoughts for whatever they may be worth. I posted a chart and asked if somebody could see a long entry signal on the chart. I got a few responses and am very grateful ...

Trade Using VSA (Volume Spread Analysis)

Very nice TwoBuckChuck. Thank you.

Trade Using VSA (Volume Spread Analysis)

Sorry I was a bit tired last night/this morning. Let me try that again, and let's start from a different perspective. VSA teaches us that the ideal place to initiate a trade is a within the range (H-L) of a very high/ultra high volume candle ...

Trade Using VSA (Volume Spread Analysis)

Must of missed those posts. The S/D zones I am primarily concerned with have BOTH a price action component and a volume component. 1:The first price action component, as previously discussed, is that the candle/Bar be an expansion body 7 (EB7). That ...

Trade Using VSA (Volume Spread Analysis)

Sure did. But not without giving a "second chance" entry. Three consecutive down candles on volume less than the previous two candles.

Trade Using VSA (Volume Spread Analysis)

Ari, Malcomb,Islander, Chalk,Yuppie and anyone else: Do you see an entry signal to get long on this chart? If so where and why? Thanks very much.

Trade Using VSA (Volume Spread Analysis)

Euro/USD had been range bound. That doesn't mean there weren't a few pips available. As I write this, it we have just seen a strong sign of strength followed by a test that last S/D zone so am looking for prices to rise. But let's take a look back. ...

Trade Using VSA (Volume Spread Analysis)

This is being discussed currently in chat: Test: an ideal test will be a narrow range candle that closes lower and in its middle or high on volume less than the previous two candles. It is confirmed with a higher close in one of the next two ...

Trade Using VSA (Volume Spread Analysis)

I was going to do a "bar by bar" analysis on the first chart and then show the result on the second. I' m feeling a little tired and don't know if it is even wanted. Well, here's the pics anyway.

Trade Using VSA (Volume Spread Analysis)

Best place to short — Here's a chart of the Euro (5 min). Just wanted to compare and contrast two candles. A: Narrow range up bar on volume less than the previous two candles. The close is off of the high, which shows weakness. But notice the ...

Trade Using VSA (Volume Spread Analysis)

Check out the TradeGuider site they offer a hard copy for $100.00. If they don't, their sister site does and TG will provide the link.

Trade Using VSA (Volume Spread Analysis)

No. Don't tell me that. I use Visual Trader thru CMS just for the platform. There are some good coders on this thread, so I might finally be able to make the leap to MetaTrader. MB trading has it.

Trade Using VSA (Volume Spread Analysis)

Update — Target area hit.

Trade Using VSA (Volume Spread Analysis)

Update — Looks like more strength entered here. Climatic action on the white candle but the next candle had increased volume with a narrow range closing in the upper portion of its range. This is a squat/high churn bar.

Trade Using VSA (Volume Spread Analysis)

Ari; I like to look at just one timeframe. If you can read a chart (not that I can ), I don't think you really need to see other timeframes. Markets are fractal. They key is understanding the price action. Or maybe I'm just lazy.

Trade Using VSA (Volume Spread Analysis)

Reasons for entry — Same chart as before, but with a some more reasons to enter. Of course we start with the background. We have seen a wide spread (EB7) candle on very high volume push thru supply. This is strength. When weakness enters, it ...

Trade Using VSA (Volume Spread Analysis)

Trying to get the pic in as soon as possible. Will say more in update.

Trade Using VSA (Volume Spread Analysis)