1. The Smart Money is not the Smart Money because they never lose; they're the Smart Money because they lose better. 2. There is no back room filled with every Smart Money trader where they determine to take price in a certain direction en mass. ...

vsa with Malcolm

I would echo that; read Master the Markets first. I am in favor of creating your own indications of the VSA principles. It really makes you think about what is going on and it causes you to make certain choices. For example, I created an indicator ...

vsa with Malcolm

I am confused by your question. image The first thing I see when I look at your chart is what appears to be either a Demand Zone, a Support Area, an OrderBlock region, or a Liquidity pocket. If one of those is the case, then it would seem you were ...

vsa with Malcolm

There are a million ways to trade with Volume Spread Analysis (VSA), and they all require volume......

vsa with Malcolm

I'm assuming you're talking about the first/upper Trigger Number Matrix. Number 1 is an Up Thrust that fails to confirm and is immediately followed by a Test that fails right at the Trigger Number Low. Bingo. Get short. There are many elements in ...

vsa with Malcolm

This is clearly not the reason. By definition, every indicator in existence is always 100% correct. As sure as water is wet, if your RSI is above 70, the output is 100% correct That does not mean the Market is "overbought" and must change direction, ...

Setups are bunk?

There is no indicator on these charts. The Zones are drawn by hand.

Price Action Trading (PAT) performance log

Happy New Year !!!!!!!!!! May this be a prosperous year for all. May this thread continue to challenge, teach, and inspire. May you always remember, and never forget: Volume Spread Analysis (VSA) has to work because the Smart Money can't hide their ...

vsa with Malcolm

This chart is from when I used Ensign. I use Sierra Charts now.

vsa with Malcolm

Wow. I've gotten a few PMs about my last post. Thank you for the kind words. Since there were some similar questions/themes, I'll answer here. * I did not delve deeply into the power and importance of Supply/Demand Zones, because I wanted him ...

vsa with Malcolm

I'm going to assume that you do know most of the signals. I don't actually believe you do, but for the rest of this post I will assume you do. One of the things I have repeated many times is, What you want to see; Where you want to see. If you know ...

vsa with Malcolm

I used to mention this a lot when I was trading Volume Spread Analysis (VSA) with Supply/Demand Zones, and it still remains true now. The base level concept for a trade entry has two elements: 1. Evidence of an increase in buying (Demand)/selling ...

vsa with Malcolm

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vsa with Malcolm

I'm not anti target, rather I believe in a different paradigm. At the core of my paradigm is: Want what the Market wants. Accordingly, the very idea of a target, usurps what the Market wants and displaces it with what I want. Thinking that price is ...

vsa with Malcolm

Don't overcomplicate things. If you simply moved your stop to just below the last Test/No Supply (in an uptrend), or the last High Volume sign of strength, you would do pretty well. Or you could (since you use candles) place your stop at the low of ...

vsa with Malcolm

Did you notice Danny took the trade inside the Tigger Number (H) and Trigger Number (L) at, you guessed it, HB.

vsa with Malcolm

Gavin and I are in the camp that believes that RR is a totally erroneous notion. You never know how much the market will give you, so you shouldn't have a Reward in mind. The Market might give you 50 pips but might also give you 500 pips. This is ...

vsa with Malcolm

With what company? Are your plans to try again? I may have missed this discussion, but I'm very interested in this subject. Again, in my humble opinion, this was a very good high probability entry. It absolutely shows your growth as a VSA trader. ...

vsa with Malcolm

To be honest, I think this is one of the best entries you've shown. Your trend indicator was green, price was above the moving average, and you waited for price to break above the Trigger Number Matrix (High) and then pull back to it on low volume. ...

vsa with Malcolm

Neo may have had to take off the matrix to see clearly, but as VSAers we see clearly when we put the Matrix on. image

vsa with Malcolm