Trend Trading VSA

[RealForexTrader]

Gday guys I am a technical trend trader using VSA to find high probability setups.

I will be posting tutorials on this thread regularly showing my method and the process I use. I might even post potential setups for London session. I just need to go over the forum rules and make sure I'm allowed.

I am well versed in Volume Spread Analysis and technical analysis and have been applying the two for a couple years now, so if you have any questions fire away!

First post coming soon this week

 

[RealForexTrader]

First Tutorial

Starting with some basics of VSA we will discuss what a NO DEMAND (nd) and a NO SUPPLY (ns) look like on your chart. These two signals are the cornerstone of VSA and are very important before an entry to show an inbalance in supply/demand.

For the example in this tutorial, we will use the ND signal.
The technical definition of a ND is a bull candle closing off the high with volume lower than the previous 2 candles, of course the market is not perfect so there is room to move on that rule under the right conditions.

To confirm a ND we need one of the proceeding candles to close below the low of the ND. Below is an example of a ND during a Fake Break, Head and shoulders pattern.

You can see the drop in volume and then the confirmation two candles later showing a lack of buying. The result a nice down move.

The exact opposite applies when looking for a NO SUPPLY during a bullish market.

Any questions ask away

We will discuss this for a little until everyone has it clear, then move onto something else.

 

[Porper]

First Tutorial

Starting with some basics .

You forgot to mention your subscription service...off your website

"All indicators and my template are included in the subscription

Subscriptions are $200 a month."

 

[RealForexTrader]

Thanks Porper

That's because in the forum rules it says I can't. All I am allowed to do is list my website. But they don't say anything about you posting it, so thanks for putting it out there

Trust me mate if I was allowed to advertise I would

I am confident in my service

 

[RealForexTrader]

Just found another thread on ASF that has a link to Tom Williams book on VSA. Its a must read for anyone wanting to learn this stuff

Here is the link:
https://www.aussiestockforums.com/forums/showthread.php?t=13804&highlight=VSA

 

[sinner]

First Tutorial

Starting with some basics of VSA we will discuss what a NO DEMAND (nd) and a NO SUPPLY (ns) look like on your chart. These two signals are the cornerstone of VSA and are very important before an entry to show an inbalance in supply/demand.

How can you be trading using VSA techniques when you are charting with MetaTrader4 which shows tick volume (the number of trades executed in a bar), not transacted volume (the number of dollars transacted in a bar). How do you trade based on volume signals in a market where the majority of volume is OTC and proprietary?

Hindsight trades presented as "tutorials" presented by salesmen are generally not appreciated, nor do they carry much weight here, if you wish to teach people a technique please demonstrate real time trades.

If anyone was curious about the chart in the above post, it is the 5 minute EURUSD from September 8th. I'm 95% certain the volume graph can be safely disregarded.

EDIT: lol at the title "trend trading VSA" and then the example post is a breakout fade.

 

[sinner]

The technical definition of a ND is a bull candle closing off the high with volume lower than the previous 2 candles

Um, really? Got some kind of reference for that?

Actually the technical definition of a No Demand bar is as follows:

No Demand Bar: a narrow spread UpBar with low volume that Closes in the lower half of the price-bar.

or more loosely

Price closed higher than the previous bar.
Volume is lower than past two bars.
Spreads (Range) are narrow.

The bar you posted has a wide spread. You have no idea what the volume is because you're looking at tick volume. It also doesn't close in the lower half of the price bar.

 

[Trembling Hand]

How can you be trading using VSA techniques when you are charting with MetaTrader4 which shows tick volume (the number of trades executed in a bar), not transacted volume (the number of dollars transacted in a bar). How do you trade based on volume signals in a market where the majority of volume is OTC and proprietary?

If anyone was curious about the chart in the above post, it is the 5 minute EURUSD from September 8th. I'm 95% certain the volume graph can be safely disregarded.

Yep,

Have a look at the futs chart from same time which from when I had interbank data would often show same kinda volume profiles.

Tick volume is useless,

 

[RealForexTrader]

You should join up you might learn a thing or two.

Do you want some videos? I can post tonight's trading session if you would like?

and the volume in forex thing is an old argument it is still activity you just change some things

Example:

traditional VSA will tell you to look for high volume on a push but because we are using tick volume we need low volume indicating a lack of "movement" not a lack of volume

High tick volume would indicate a mix of buying and selling meaning price would not be ready for the push.

Also, you said
"lol at the title "trend trading VSA" and then the example post is a breakout fade."

The example is showing the basics of a ND/NS I never said it was an example of an entry, did you read the whole post?

 

[sinner]

Yep,

Have a look at the futs chart from same time which from when I had interbank data would often show same kinda volume profiles.

Tick volume is useless,

LOL and just to show how completely off the mark the original analysis was, there are two actual really good examples of NoSupply and NoDemand on the chart, I have relabelled TH post with #1 (No Supply) and #2 (No Demand) to show them.

 

[sinner]

and the volume in forex thing is an old argument it is still activity you just change some things

The argument is old I guess because charlatans keep trying to dupe ignorant people?

High tick volume would indicate a mix of buying and selling meaning price would not be ready for the push.

Utter nonsense. What evidence do you provide to support this claim? High tick volume indicates nothing other than a high number of transactions took place within a bar. That could be a million $1 transactions and it would show up as a big tick volume bar, except $1m of transacted dollars on the FX is peanuts.

Tick volume provides pretty much no additional information to a price bar chart.

 

[RealForexTrader]

Tick volume provides pretty much no additional information to a price bar chart.

How about I post all my winning and losing trades over the next couple days and you post yours?

Talks cheap

Deal?

 

[Modest]

*gets popcorn*

 

[sinner]

How about I post all my winning and losing trades over the next couple days and you post yours?

Talks cheap

Deal?

Call all your trades in advance, publicly, here. Position sizing (can be as a % risked to avoid disclosing dollar figures), stop losses and targets if used.

I'll call you out whenever I see something dodgy.

Talk is cheap.

Deal?

 

[RealForexTrader]

Call all your trades in advance, publicly, here. Position sizing (can be as a % risked to avoid disclosing dollar figures), stop losses and targets if used.

I'll call you out whenever I see something dodgy.

Talk is cheap.

Deal?

No Worries and you will post your trades in the same format?

 

[tech/a]

Known Gavin for 15 yrs.
Studied VSA for as long.
Watching with interest.

 

[CanOz]

*gets popcorn*

Lol@modest.....

 

[RealForexTrader]

Known Gavin for 15 yrs.
Studied VSA for as long.
Watching with interest.

You Know Gavin Holmes?

That's so cool!!!

 

[sinner]

No Worries and you will post your trades in the same format?

This thread is all yours buddy. Tutorial threads are welcome but there is an expected format, take a look around the forum and see how others are doing it. If you're teaching something repeatable and successful then you will get interested parties. Expect to be called out on content that looks like a sales pitch, we get a lot of it around here.

 

[ThingyMajiggy]

This thread is all yours buddy. Tutorial threads are welcome but there is an expected format, take a look around the forum and see how others are doing it. If you're teaching something repeatable and successful then you will get interested parties. Expect to be called out on content that looks like a sales pitch, we get a lot of it around here.

Why not take him up on the challenge? You always seem to have plenty to say in others' posts, would be interesting to say the least.

I might steal some popcorn and sit back with Modest

Plus I suck at trading, so I like seeing those who talk the talk, also walk the walk.