Day trading does not necessarily mean every day trading. In fact, most professionals spend more time looking for reasons not to make a trade as opposed to reasons to make a trade. I don't trade the STRAT per se, but I am an avid proponent of the ...

Trading TheStrat / Rob Smith's Method

A pullback can be as small as one interval. If you see a high volume UP bar and it is immediately tested (1-3 intervals later) that's a strong signal of strength and you might not get a deep pull back anytime soon. Assuming the Test doesn't fail of ...

vsa with Malcolm

This is the reason this is the best thread on FF. Thank you Anotan.

vsa with Malcolm

I've stated this in a pervious post, but it bears repeating. There are two ways to create the Trigger Number Matrix (TNM)/High Volume Zone (HVZ): Statically or Dynamically. If using the static method, one would FIB the previous day's highest volume ...

vsa with Malcolm

Interesting thread. The underlying assumption seems to be that losing trades do not have to be part of trading. I am in the Phantom of the Pit's camp. He believes that trading is a loser's game; he who loses best wins. Sure losses happen because a ...

Why do you lose money in trading?

We all trade our own belief systems and personalities. I am not in the "don't use indicators" camp, I am more in the " Don't trade based on indicators, but don't trade against them either" camp. In other words, don't go long simply because the ...

For Beginners

I've often said, "What you want to see; where you want to see it." FVGs are a strong "where", but I favor the Trigger Number Matrix even more. The late Bruce Babcock used to argue that the retail trader's entire edge was based on the fact that ...

vsa with Malcolm

So true. This also applies to trading in general. Depending on the markets you follow, and or, the amount of markets you follow, you can go a day or two and not have any trades. Day trading does not necessarily mean every day trading.

vsa with Malcolm

It might behoove you to go back over the FVG material. I believe ICT would say that price needs to come back into the FVG to "rebalance". Therefore, if price is "rebalanced" on the first time, there wouldn't be a need for a second time. In other ...

vsa with Malcolm

Never. Although I would certainly follow, your posts belong in the main Volume Spread Analysis (VSA) thread, in order to have the largest reach. Newbies should be studying your posts for breakfast.

vsa with Malcolm

Fair Value Gaps (a.k.a. HiddenGAPs) are good. One thing I have consistently stated over the years is the simple notion of " What you want to see, where you want to see it.". One can easily make a case as to why one would want to see VSA signs of ...

vsa with Malcolm

High Volume Zones (HVZs) are key. Read Anotan's post to get insight/instruction on how a real pro uses them. Also take a look at Pres 78's Journal on VZA, which I maintain, is a distinction without a difference (from VSA).

vsa with Malcolm

With respect to trading against strength, I do not try to do it. I want to be long when the market is moving UP and I want to be short when the market is moving DOWN. I don't pick tops and bottoms; I let them pick themselves. I am a trend trader. I ...

vsa with Malcolm

While this is technically correct, I am not a fan of varying position size. If one trades 4 contracts with the trend and 1 contract when trading counter trend, what they are saying is that a counter trend trade is only 1/4 as good as a trend trade. ...

vsa with Malcolm

I would call that Interval a Test as well. A. There was a high volume interval two interval earlier. High volume intervals typically get tested. What are they testing for? They're testing for Supply. They want to know if buyers overcame sellers B. ...

vsa with Malcolm

Topstep started the space. They payout and they place qualified traders into live accounts. There's only one rule during the combine that can lead to failure: hitting the max drawdown. And it's only futures trading, so none of the Spot FX bs..

Prop Firm Hub

Your charts resemble the charts of one of my favorite posters (and one of the most successful traders in FF). You've learned well.

Nasdaq(MNQ) / Oil(MCL) / Gold(MGC) Futures Live Trading Journal

I get that. My main point was Buying with Buyers and Selling with Sellers. It is possible to trade counter trend and still be doing just that. For me, part(s) of the definition of trend includes: 1. Price above or below the daily open - Long above, ...

vsa with Malcolm

There is more than one way to skin a cat. Some call themselves "contrarians". They attempt to pick tops and bottoms. Me, I am more comfortable BUYING with Buyers and SELLING with Sellers. For me, the TREND is not just my friend, it's my lover. ...

vsa with Malcolm

As usual, you're spot on. If a trader has 200K to fund a trading account, he should split it up into 8 25k "piles". Open an account with 1 25K pile and put the others in the bank. If he loses the 25K, then he can replace it with another one of the ...

Self funded vs prop firm… truth behind it