I also see potential accumulation but it might be a tad early in the process. IIRC, we both use Wyckoff Schematic occasionally, so I put price action in that context separately too. EDIT: This analysis did not play out in the markets, but leaving it ...

vsa with Malcolm

Care to break down your rationale for the entry? Was it just the effort w/ no result one bar back?

vsa with Malcolm

I always got the impression from others that Gavin was pitching more than trading (which is why I hadn't read the book yet), but based on others opinions in this thread, I may have to carve some time out for it eventually. There's so much free ...

vsa with Malcolm

Here is bagholding without a narrow spread and here is the TradeGuider Indicator Guide that cautions against UHV, and makes no mention of a narrow ranged bar/two down-bar requirement I do see Tom makes the distinction in MTM though, so I will update ...

vsa with Malcolm

Interested to hear other perspectives on S&P500. I'm anticipating short term weakness that leads to a continuation higher but open to seeing what the market does. My reasoning is that the buying at the lows is a bigger SOS than the recent lack of ...

vsa with Malcolm

I appreciate how friendly everyone is in this thread. I just wanted to chime in with my personal perspective as an observer. As far as I know, no one else in this thread the trades off the 1m. Quite a few seasoned VSA traders in this thread (and ...

vsa with Malcolm

Picture isn't viewable. Try posting it in the VSA thread as there are a lot of EvR watchers in there

Expert in wyckoff effort vs result?

Unlucky. Not sure how sustainable the move lower will be but there was weakness on the 15m. Most up bars were reduced volume or narrow spreads w/ increased volume. I used QQQ for real-time data but the bars/volume are comparable: Reduced Demand No ...

vsa with Malcolm

Hmmm interesting. I definitely see a 2BR which is a SOS in the background, but my interpretation is that the reducing volume on the bull bars + the shortening of thrusts suggests a near-term retracement that can potentially retest the 2BR. Then ...

vsa with Malcolm

G - That makes sense. So this bar is reinforced by H as a stronger rejection. I definitely need to work on pinpointing important bars like G that don't have extreme volume I - I see J - Gotcha K - I see exactly what you mean. In retrospect, my brain ...

vsa with Malcolm

In TW's other book, Undeclared Secrets That Drive the Stock Market, TW has a heavy volume tests that he takes on p15 (see attached pic) and a deeper explanation in general on p27: High volume or high activity shows there is in fact selling [supply] ...

vsa with Malcolm

I definitely don't do it enough, but I tried my hand a little bar-by-bar analysis w/ a trade I entered in my IRA. (There's some shorthand Wyckoff Schematic to ignore on the chart) Ironically, the more I analyze today's entry, the less confident I am ...

vsa with Malcolm

How I see things: Background Weakness No Demand after Shortening of Thrust. Eligible for short Stopping Volume @ Support All 4 bars are testing Supply below the Support line. No Supply on the highlighted bar and so price is likely to go higher ...

vsa with Malcolm

Apparently there was a chat in this thread years ago that fell off. I will jump into a new chat if you create one though. Discord is also a good alternative as well

vsa with Malcolm

On the off chance that anyone else uses Anki, I'm sharing some VSA flashcards to pay it forward since this thread has been so helpful. It's based off of some old slides from one of the greats that have been lightly repurposed. If you don't use Anki, ...

vsa with Malcolm

If you open using Chrome, you should be able to auto-translate

Auction Market Theory and Market Profile

Curious what other's interpretation of SPY currently is? Based on Auction Theory, there appears to be strong dip-buying but repeatedly little no participation by long-term timeframe traders in higher prices. Then again, the markets have been ...

Auction Market Theory and Market Profile

image Working on implementing VSA in some stock symbols... Here I don't see any buy side conviction but sellers aren't making themselves heard either. I think the contributing factor which made me put a short on is that the S&P 500 ...

vsa with Malcolm

For the people that are using simple moving averages on their volume indicators to see above/below avg volume easier... what periods do you use? Right now I'm playing around with the h4/h1 for Forex, and the daily for Stocks. With Forex, for the ...

vsa with Malcolm

Just started reading David Weis' book this week. Good luck with your trading!

vsavoids2021 diary