After the climactic action bar, if demand was swamping supply, price would have risen sharply but it didn't.....Why? It is because there is still plenty of supply around. Supply is matching demand (roughly) as indicated by the close price being ...

vsa with Malcolm

1 - Climactic action + Supply swamping demand - wide spread down closing off the low on ultra high volume gives us the climactic action bar. The fact that it is pushing down through the Tokyo channel support tells us that supply is swamping demand. ...

vsa with Malcolm

Hey eg. He hasn't been around for quite some time now.

vsa with Malcolm

Hey I see, you had answered in a previous post. This post was just for comparison.

vsa with Malcolm

Background and position distinguish the 2. All Buying /Selling Climaxs' are a type of Climactic action but, not all Climactic action bars are a Buying/Selling Climax. MTM should explain this for you. BTW with your last post, have you missed the ...

vsa with Malcolm

It's probably not a good idea to tell us all that everything we do is wrong because 'volume cannot work with the Forex', and then turn around and ask us for our help!! ..........and all with your first ever post! BTW, in your example, Ask is 20% ...

vsa with Malcolm

I think you may be confusing the definition of a ND with the NDs which have been shown on some chart setups. A ND is a ND where ever it appears. The ones you may have seen us talking about where we say it must be within 2 bars of the UT, are for a ...

vsa with Malcolm

You need to rethink your ND recognition. There is both the V and the S to Analyse in VSA. You're almost there tho.

vsa with Malcolm

Firstly, it doesn't really matter who you can 'beat', as long as you can 'beat' the market. On another day, Gavin may have won. Secondly, you assume Gavin is an expert VSA trader, I'm not sure this is true. However, I think he is a very good sales ...

vsa with Malcolm

Merry Christmas one and all

vsa with Malcolm

Superb my old friend!

vsa with Malcolm

Most definately, yes.

vsa with Malcolm

Great explanation as ever. I really hope some of you guys out there are following HGs thought processes. It is VSA ......the way it should be traded. Just 1 note about your chart tho HG. For me, an EORM should be very narrow range on HUGE volume, ...

vsa with Malcolm

More often than not, the ND will be more than 2 bars away. And very often, it's these particular NDs that give the best entry prices. There is more time for price to rally deep in to the heart of the UT before a ND prints. Therefore, the TP is much ...

vsa with Malcolm

The way I trade these, I need to see the UT confirmation within 2 bars of the UT. The ND can come at any stage that the setup is still valid. The sooner the better tho, as with the entry bar.

vsa with Malcolm

LOL don't panic, I thought you were refering to your 'red' circles etc............I've just noticed them on HGs chart.......Doh

vsa with Malcolm

You might want to post your chart as well!!

vsa with Malcolm

Ah good. Must have been close. Many thanks

vsa with Malcolm

HG Just out of interest, would you check if my short trade would have worked please. Usual targets:- Enter at low of ND SL at UT +2 TP at SL - entry Thanks

vsa with Malcolm

As far as entries are concerned:- Short on bar 4 - not sure from the chart whether TP would have hit or not....looks close. Long 2 bars before bar 10 is also a possibility.

vsa with Malcolm