Thanks for the post. This is an interesting situation. BAR: 1. Increasing spread UP bar that closes in the middle of its range on increasing (although not excessive) volume. The middle close is the first clue that there must have been some selling ...

vsa with Malcolm

Well done. For shits and giggles, I placed a trigger matrix on your chart. I have been focusing on the question about where to start learning Volume Spread Analysis (VSA). After reading Master the Markets, I would dive into the current Tradeguider ...

vsa with Malcolm

If you look in the upper right hand corner of the thread, you will see an attachments icon with 12604 items (at the time of this post). Click on that and you will find various PDFs. I believe Master the Markets is one of them. I know Gavin's first ...

vsa with Malcolm

See post above. Master the Markets by Tom Williams is the more available book. It was written after Undeclared Secrets. You can go to the Tradeguider website and find Master the Markets in either e-book or physical book form.

vsa with Malcolm

I still use M3 and absolutely still believe : Charts don't lie. Therefore ALL charts tell the truth. And if ALL charts tell the truth, there's no need for more than one. I've just accepted the idea that indicators can be used to assist in getting to ...

vsa with Malcolm

Please post some charts with your analysis on them in order that we all my benefit from your knowledge. That's what this thread is all about- traders helping traders. If bashing is your thing, there's the Euro thread.

vsa with Malcolm

Sometimes I will look at a chart with no volume and see a narrow range (NR7) DOWN bar that closes on its high, and say, "that's a TEST". Especially if there is a wide range DOWN bar closing off its lows in the immediate background. Even when looking ...

vsa with Malcolm

100% Too many people, myself included, make the mistake of focusing on the how: indicator(s) vs. no indicator(s), and lose sight of the goal: making profits. And as I have said many times, I don't trade with indicators, but I do not trade against ...

vsa with Malcolm

Great question. I would argue that 1-3 indicators are sufficient, whereas 4 or more would be too many. But what really matters, regardless of the number of indicators used, is that all the indicators have some variation in how they measure trend. ...

vsa with Malcolm

One of my trend tools is the COT line. It is simply a 20 period Exponential Moving Average (EMA) of the price with the highest volume for each individual bar interval. In market profile terms, it's the Point Of Control (POC) ((sometimes called the ...

vsa with Malcolm

For all those who do not want to read this extraordinary thread from the beginning, this is Volume Spread Analysis (VSA) in a nutshell. As Anotan likes to say, " Volume at Volume". I would be a bit more precise and ...

vsa with Malcolm

For all those who do not want to read this extraordinary thread from the beginning, this is Volume Spread Analysis (VSA) in a nutshell. Just a few things to add: 1. Previous day's highest volume (H1 chart) ...

vsa with Malcolm

Great question and I can't wait to read the opinions all who jump in and take a stab at it. From my perspective, there are a lot of things going on here. When the Ultra High Volume SOS appears, it needs the next interval to be UP to confirm it. ...

vsa with Malcolm

Now, this is gold. Volume Spread Analysis (VSA) is both art and science. We start with the science side that tells us to FIB the highest volume bar regardless of spread. Most of the time this will be sufficient in order to create the "playing field" ...

vsa with Malcolm

Let's start with a definition first. A Test is defined as a successful test if the next interval is UP. Volume has no bearing on the validity of the Test. With that said, the ideal situation is the next interval is UP and volume is increasing. There ...

vsa with Malcolm

I am of the belief that anybody that posts with the intention to learn adds value to the thread. One doesn't have to be at Anotan's level to add value. One just has to be willing to put their trades or analysis up for thoughtful criticism.

vsa with Malcolm

I know you know your stuff, but for the sake of the less skilled, the phrase "but not excessive" should be added. Accordingly, it should read "..on increasing, but not excessive, volume...." A healthy up move will have healthy (increasing, but not ...

vsa with Malcolm

What did they know and when did they know it? LOL.

vsa with Malcolm

Everything is right here, but I just wanted to add some commentary for newbies and the old-timers always veracious for new insights. Anotan, please correct me if I misstep. * The Trigger Matrix is from a higher timeframe than the one shown. This is ...

vsa with Malcolm

Two words inherent in trading and not gambling: Risk Mitigation.

Trading vs Gambling