Thread: VSA/Wyckoff Simplified

Originally Posted by ;

Care to elaborate on this...

What I am saying is evident. Volume as in true Volume does not exist in Currency Market since its not centralized hence informotion it shows is only small extremely small% of overall market based upon how much industry your broker does.
Your chart may show great deal of activity but understand that its restricted to your brokerage exposure to market.

Understanding how market manufacturers make killing zones spikes up and down to wreck seats ducks is a lot more significant then giving tick quantity importance.
Promise of the thread is misleading.

Originally Posted by ;

Fact is quantity in Forex is your brokerage ticks.This might be quite misleading.
When it works for you is fine however, the principal is not there.
I'll give you an example during Asian say 5-7pm volume is reduced however volume indi will have huge spikes indicating huge buy and sell where in reality its opposite.

You just need to see my current posts where the market transitions from the asian hours to the LO to the UO.
You are thinking. But not seeing. nor doing. That is behavior as a trader. Postulating rather than feeling the scenario.

But hey this is my type of trading that suits me today having gone through the entire trading gauntlet.

May you find your own.

http://itmages.ru/image/view/664202/8ba595cf

Originally Posted by ;

What I'm saying is obvious. Volume as in true Volume does not exist in forex since its not centralized hence informotion it shows is only small extremely small% of overall market based upon industry your broker does.
Your chart may reveal great deal of activity but understand that its limited to your brokerage vulnerability to market.

Understanding how market manufacturers create killing zones spikes up and down to wreck seats ducks is far more important then giving tick quantity importance.
Promise of the thread is misleading.

You rule;govern. Just #1086;#1073;#1100;#1077;#1084; there is not entire market t.k beside #1092;#1086;#1088;#1077;#1082;#1089;#1072; no centre but the market is spread on platforms(ECN) i.e if broker attracts on what #1085;#1080;#1073;#1091;#1076;#1100; platform Currenex,LavaFX,Atriax or alternative that he can provide the sums of the platform after all glass there's there is and demands in him. . .and this not teak #1086;#1073;#1100;#1077;#1084;#1099; however actual just not entire market.
Since on #1092;#1086;#1088;#1077;#1082;#1089;#1077; no site trade, actual numerals of the traded quantity inaccessible, nevertheless this does not indicate that quantity of the sale on exchange market inaccessible analysis.

The Volume provides information on activities market operator on every separate bar. If quantity large can be sure of that that in this instance on the market left the operator. However, if quantity little which deals are made between retail 1090;#1088;#1077;#1081;#1076;#1077;#1088;#1072;#10 84;#1080;, however operators on work at the market. There is their own signals of the significance of the supply and demand For every situation, which help #1090;#1088;#1077;#1081;#1076;#1077;#1088;#1091; define the direction of the motion market on #1089;#1088;#1077;#1076;#1085;#1077;#1089;#1088;#1 086;#1095;#1085;#1091;#1102; prospect. We address a little later.

Since VSA is a worldwide methods applicable to all market, she well applicable and for all temporary range. Regardless of this, what chart uses.
So operate all market! Since professional operators operate at all market and on all temporary range. We have considered what this strategy on 30-minute graph acts, but situation on week or day roughly same. Exactly this type of the analysis shall use to #1092;#1086;#1088;#1077;#1082;#1089;#1091; not just, but in addition to all other market.

The Universal Strategy.

The Approach Vaykoffa is worldwide and operates at every one market. Too for and many fair technology VSA. She functions at all market and at all price range, on which #1090;#1088;#1077;#1081;#1076;#1077;#1088; includes a option. On some market there's real traded quantity, for instance, when the question is purchase on separate actions, on the other market #1090;#1088;#1077;#1081;#1076;#1077;#1088; could get given on quantity, founded on teak if speech goes, for instance, roughly #1092;#1086;#1088;#1077;#1082;#1089;#1077;. As on #1092;#1086;#1088;#1077;#1082;#1089;#1077; no site trade, actual numerals of the traded quantity inaccessible, nevertheless this does not indicate that quantity of the sale on exchange market inaccessible analysis.
Regrettably, majority #1090;#1088;#1077;#1081;#1076;#1077;#1088;#1086;#1 074;-amateurs do not understand importances and importance of the analysis on method VSA. Possible, so occurs because of that that on this type of the analysis extremely little information, and he, as a rule, does not fall to scholastic courses on #1090;#1088;#1077;#1081;#1076;#1080;#1085;#1075;#1 091;. Attempt to translate the price chart without quantity such as this, what buy the machine. To learn it is right to analyse given info that is necessary to keep in mind that histogram of the quantity itself comprises part necessary to you, on volume. The Second part includes the price graph the query is #1094;#1077;#1085;#1086;#1074;#1086;#1084; #1089;#1087;#1088;#1077;#1076;#1077; on given bar.

Strong points VSA


Coming from evaluation (apropos rather successful) I came to many conclusions

1. VSA much nicely works at stock market of the America (IMHO the most fair in all world) in particular on NYSE
2. #1056;#1072;#1073;#1086;#1090;#1072;#1077;#1090; on #1092;#1100;#1102;#1095;#1077;#1088;#1089;#1072;#1 093; on goods
3. #1053;#1077; much obviously (but all operate ) on exchange #1092;#1100;#1102;#1095;#1077;#1088;#1089;#1072;#1 093; and oils (since deal greater volume outside of american session)
4. #1055;#1086;#1079;#1074;#1086;#1083;#1103;#1077;#1 090; to stick to the market and quickly determine change a trend.
P.s.
Since author itself That Williams writes that if no opportunity of seeing absolute volume, possible use the teak volume for analysis

And today you and I can agree. On its own it is not enough, and support resistance are vital.

i play sports. And all I see here is alot of shit. I call things as it's.

If you've nothing to contribute but shit like. You ought to take your shit elsewhere.

anyway. If anyone wants to see some volume spread analysis here's 31st august EOD review. It had been US GDP afternoon but there were indications over the day's trading at AUDUSD of its direction.

Originally Posted by ;

Sorry about my sarcasm.Could not assist it.You shouldn't be worried about this thread because I ask questions etc..
When that has merit it could easily pass criticism.

I just wanted traders especially novice traders to know that only trading Volume indi on Mq4 isn't sufficient (otherwise prepare to hand over your money)
Knowing WHY price moves(supply and demand) and WHERE it transfers ( support/resistance) is critically important.
No indi is going to demonstrate that.One must look at the charts with new eyes.
That is all

Actually only having the Volume indior on MT4 is sufficient. Because what we are considering is the amount of action illued from the Tick Volume with regard to the price.

VSA is basically Volume Spread Analysis. So we are analyzing the Volume (Action ) in relation to the Spread of a price bar.

Tom willi has a whole group of terminologies when it comes to VSA. Whereas Wyckoff highlight on the stages (i.e. supply , markup, accumulation, markdown) alongside with the 3 laws: Law of supply and demand, Law of effort versus results and Law of Cause and Effect.

At the end its more or less the same, but I kinda prefer Wyckoff's stuff cause its straight forward.

To me personally at the end, its Straightforward Price Action where you pair it by identifying supply and demand and analyzing the quantity and spread in those areas.

I find that one indior that is overlooked is the Bill Willi Market Facilitation Index. If you do any research on that, you would find that this indior is very powerful when it regards Volume disperse analysis.

I exchange only with the quantity indior as well as the BW MFI and so much its been quite consistent with hardly any drawdown

Originally Posted by ;

I find that one indior that is overlooked is the Bill Willi Market Facilitation Index. If you do any research on that, you would find that this indior is extremely powerful when it regards Volume disperse analysis.

I trade only using the quantity indior and the BW MFI and so far its been rather consistent with very little drawdown

when you have a chance, do you mind sharing a chart or two to illue what you mean?

Originally Posted by ;

If you've got a chance, would you mind sharing a chart or two to illue what you mean?

Should you google Bill Willi MFI, you'd observe the normal definitions and explanation of the pubs. Should you read it as it is, its rather telling you what previously occurred making it lagging, but these definitions you find online.

For me personally I use it like this, should you change your view of it, you'll see what I mean:
Green (MFI up, Volume up)
This is a typical candle. Why? Its like you need a vehicle to be driven by Petrol, to drive uphill, u need Petrol. Simple logic. I dun place much regard.

Brown (MFI down, Volume down)
That is also a typical candle cos likewise, no gas = car can not move. BUT in VSA conditions, this can be used as a No Supply/No Demand.

Blue (MFI up, Volume down)Fake
Here is the Most Effective pub. Why? Because as its defined, its a FAKE.
How do price movement or possess an increased spread with diminished volume? Where the Smart Money can be its. So where the Smart Money are in the event that you know, would not you want to exchange in their direction?
If SM was involved in this candle, then we would actually see a rise in money flow. However, becos its Tick Volume, rather than Contracts Volume, 1 tick might signify that a million trades, it might also imply 1 contract. Make sense?

Pink (MFI down, Volume up)Squat
Bill willi says that the Squat Bar has the maximum potential. He's perfect. Cos that is where we would see a lot of activity but lesser disperse. Why? Cos SM have to off load to Retail Traders. Or simply put, somebody is resisting a transfer. Kinda like driving your vehicle.

Make sense?