As much as I think Bitcoin is overrated, there appears to be accumulation taking place at the moment. It is expelling much more energy but failing to reach the same pullback levels as the prior thrust lower. Also, the VSA is showing effort w/ no ...

vsa with Malcolm

Didn't see any of that so appreciate you for sharing Anotan. I missed the entry I wanted on the 23rd's failed test, so I am still stalking an entry but I will keep an eye on things.

vsa with Malcolm

My TradingView Chart has a bad print for volume so I used my MT4 chart instead, but I actually drew what I perceive to be a mushroom on my TradingView chart. image Can you breakdown what you look for when it comes to mushrooming in case I'm ...

vsa with Malcolm

Daily chart price action takes forever to play out IRL . The initially potential distribution level was a blip before price continued higher. Watching the current price action to see if a breakdown does occur. image A: UHV Up bar as a SoW. ...

vsa with Malcolm

For those using MT4, I made some minor adjustments to this HLC indicator that might be useful to some: Also, one thing that has helped me for backtesting on MT4 is to limit the volume data that is shown by creating fixed minimums/maximums on the ...

vsa with Malcolm

Made some adjustments. Looks like crap when you zoom out too far, but for the two most zoomed in settings, it looks good imo: Examples of perfect zoom levels: image image Example of too zoomed out: image The close of the bar is the part that ...

VSA HLC Bar Indicator

Late to the party but figured out how to use this. Had to do two things that were throwing me off initially: Remove any other HLC bars from the chart or else they will conflict with the indicator Switch to a line chart and make the line chart the ...

VSA HLC Bar Indicator

Tough break with all that distribution/weakness in the background. I would've used a tight stop as well . Still tryina decide whether the occasional stop-out like above warrants a wider stop but a decreased Risk:Reward ratio ...

vsa with Malcolm

Tough break with the gig. I've been with my current company for 10 years and keep going back and forth on whether to work for a new employer to make more money or just try my hand as a full-time trader. Good luck! I am already looking forward to ...

Prez Forex (pres78) Trading Journal

image 1 - Prior Distribution that was never (imo) truly resolved. I think there's a possibility it will be retested A - Down bar w/ a narrowing range, closing off the lows. Potential accumulation but given the SoW in the background, it's just as ...

vsa with Malcolm

USDJPY volume looks like it might be starting a less subtle stage of distribution. I'm on record distrusting the entire rally but I suppose the mixed price action was simply the prelude to the current price action: image UHV supply brought out. ...

vsa with Malcolm

Always great to hear others perspectives, especially those as talented as HG & Anotan. Avoiding predictions is a recurring VSA theme (Great post from another forum I saved). But, similar to Paul's perspective today, in theory I understand what is ...

vsa with Malcolm

USDJPY is losing momentum @ the top of the channel. The two bars after #8 are struggling to make progress higher, even as volume increases: image The hourly looks more telling than the Daily. Unsure if that means that a sell off will be ...

vsa with Malcolm

image UHV up bar as a potential SoW Multiple bars eating up supply Bottom reversal (with no subsequent test for supply) Weak up bar on reduced volume, closing off the highs Weak up bar on reduced volume, closing off the highs Weak up bar on ...

vsa with Malcolm

Care to elaborate on what they are? It looks like you spammed 'shared' the pdfs in a few separate threads

vsa with Malcolm

Random observation but in the US, today feels like it can end up with a sizeable volume divergence between regular trading hours instruments (ie US Stocks) versus electronic trading hours instruments (ie Futures Contracts). Looking at the S&P500 for ...

vsa with Malcolm

Find the 'Master The Market' pdf in this thread. That book is the basis of all things VSA and is required reading. Even the seasoned pros mentioned rereading it regularly and receiving new insights. FYI, that thread is likely the largest, most ...

Learn to Trade using VSA (Volume Spread Analysis)

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vsa with Malcolm

Thanks to both of you for weighing in!

vsa with Malcolm

Hey all. Curious if someone can weigh in for bar #4 and anything else that looks out of place. The story I see is a background of weakness with distribution from November -> January, as well as support-turned-likely-resistance @ $450. A. No Demand ...

vsa with Malcolm