I hate that question because I don't have a good answer. In theory when price comes to resistance on a ND it should reverse, and in theory it should push through on a wide spread high volume up bar if price is bullish. If you remember MTM gives the ...

vsa with Malcolm

I use the spread to tell me what I already know. Volume and PA are still my primary indicators, I mainly started using it to help me see narrow spread bars. Also seeing those wide spread bars helps me remember my background. I'm not going to lie, ...

vsa with Malcolm

That area around bar 2 isn't all that clear. To me it kind of looks like bar 2 is the up bar to a bottom 2 bar reversal. But that bottom 2 bar reversal is in the wrong place, We would expect it to be at a low. If we look at bar 2 as weakness then ...

vsa with Malcolm

Stalling a bit at 50% level, took off a 1/4 of the position and going to let the rest ride to 1.0560

vsa with Malcolm

I don't mean any disrespect to you. But telling people a blanket "no more than 3%" isn't the best advice. There are other factors that should taken in account. Such as how many trades per day/week/month, win rate, R:R. The risk per trade is ...

vsa with Malcolm

So far looks like EURUSD is being sold. I took a confirmed failed test, right after the failed test there is a nice narrow spread ND.

vsa with Malcolm

Someone mind posting a H1 GBPUSD chart please?

vsa with Malcolm

I see that potential buying bar as very strong sign of strength. The spread is narrow compared to the previous wide spread bar and yet that SOS has higher volume. Yes there are some failed NS bars, but I am seeing those as indicators that the market ...

vsa with Malcolm

some nice accumulation on gbp, I wanted to take this up 2535 but price is clearly struggling with the low of yesterdays HV bar so I took a partial profit. Edited drawing.

vsa with Malcolm

I'm amazed how VZA lays out the playing field, and I think it's starting to help me understand how to effectively aim for a lot larger r:r.

vsa with Malcolm

awesome job of analysis. high volume selling back into your zone, no way price was going to push through that supply on such low volume on bar 3, which the next bar confirms the ND on bar 3.

vsa with Malcolm

I've gotten away from tests needing to be on volume less than the previous two bars, really just looking that the volume is low-ish. Right now on EU we have supply coming in, but the market still isn't ready to start shorting.

vsa with Malcolm

When you first came around you were like a sponge absorbing everything, now you dismiss almost everything that is said. Go back to being a sponge. Because we see a down bar on high volume it doesn't mean the market is being bought. If we only look ...

vsa with Malcolm

If I remember correctly I think WRB is apart of Action Market Theory. url

vsa with Malcolm

image

vsa with Malcolm

Same trade as lucky... Edit: Set to BE, don't like the demand coming in on M5

vsa with Malcolm

If you're in a trade and you become unsure about what is going on, the best thing I could recommend is to close the trade or at least partially close the trade. The best quote I've ever seen is from Pres78 "Never take a trade you don't understand". ...

vsa with Malcolm

I don't like USDJPY, the test is at the top of the demand bar, I want to see the test around the close/low of the demand bar. GBP I probably would have tried a trade there.

vsa with Malcolm

We talked about this situation earlier today with the failed tests. I guess I didn't explain it well. I've already turned my PC off so I will post the charts tomorrow. But those are failed tests, price drops and closes below the low of the test, ...

vsa with Malcolm

Honestly I'd say Pres78 is the expert on that subject with his zones. At the moment I'm trading a clear chart with PA alone and trying to get away from S/R. I recently ran across some of the webinars that Tom did in 2010. In the videos he gets asked ...

vsa with Malcolm