[kuky969]

I think big mistake was C bar - is not supply entry , is down bar on smallest volume from last 3 bars - it is no supply

[ckait]

Just curious if anyone had actual trade results for using straight VSA trading ES mini on an irntraday basis using a 3 min time frame? Not that im not a fan I love the concepts and many are spot on. The only issue Im adressing is the way price is pushed around on low volume by the pros to shake you out of good trade locations. During the day after the initial drive away from the opening range, when the "smart money" has left the market who is it making your life miserable ? Is it just the eb and flow of normal trade or something a little more sinister? Probably a little of both . And do you stay in the trades your in when the shift has occured or do you let the runners go? Could be an interesting side bar if there is any input . Hope a few posts could get something going.

[speres]

Originally Posted by ckait »

Just curious if anyone had actual trade results for using straight VSA trading ES mini on an irntraday basis using a 3 min time frame? Not that im not a fan I love the concepts and many are spot on. The only issue Im adressing is the way price is pushed around on low volume by the pros to shake you out of good trade locations. During the day after the initial drive away from the opening range, when the "smart money" has left the market who is it making your life miserable ? Is it just the eb and flow of normal trade or something a little more sinister? Probably a little of both . And do you stay in the trades your in when the shift has occured or do you let the runners go? Could be an interesting side bar if there is any input . Hope a few posts could get something going.

I think you just answered your own question....... also, you need to keep an eye on the higher tf's, you see theres all different players, on all the different tf's...

[crabbydog]

Originally Posted by Eiger »

You are off to a good start. Four weeks isn't much time, so you can expect more work and effort ahead.

A few things you can do that might be helpful. First, understand the difference between Tests and No Demands. Tests disconfirm the presence of supply; No Demand disconfirms the presence of demand. You seem to have them confused. Tests do not show no demand; they indicate a lack of supply.

Try hard to see the bigger picture. The bar at 4 was less a 'break-out' than it was the presence of supply. This became evident at 7, and especially at 10 and the next bar when supply finally overcame demand and took the market down. Understanding the background will keep you from making poor trade selection as in 9. Staying too focused on the bars leaves you missing the forest for the trees and encourages trading random patterns. Strive to understand the background.

Eiger

Curious as to why you define Bar 4 as 'presence of supply'? It broke out of the congestion before it on higher volume and the close was in the support third of the bar. Did you see it as supply based on later bars ? Or if you saw that bar as it happened woul youn have thought the it showed presence of supply.

I can see why 7 would be supply.

But again I cannot see why 10 would be supply coming in, as it agian busted above the congestion to the left, albeit on no particular volume.

regards

[bbj_anchor]

Originally Posted by kuky969 »

Just today I realize that spring has not to be in low of day and after climax. Market gave me chance capitalize on it.
My explanation
1 .... spring
2 ...test supply - no lowest volume from last 3 bars but very low
3... demand entry

long after break top of test bar

http://www.sierrachart.com/userimage...ploadImage.png

Bar after #1 appears to be a downthrust! I find thrusts to be really huge indicator. Direction WILL change, but making $$$ could be delayed a bit as Bigs accumulate before driving market up again. This time frame that isnt long for 30pts! VSA awesome same anytimeframe! Use look at multiple time frames if good also in longer, indication of stronger move. IMHO

[humdesggg]

Anatomy of afternoon session on YM

1. Up bar closing on the low range,on volume higher than previous 5 bars,is bearish and a strong short signal.
2. No demand up bar,with narrow spread, is bearish. Note all the following bars are down on low volume, a sign of strength.
3. Climatic action. A wide spread up bar closing on the low, on high volume is bearish and sign of weakness.
4. A down bar closing in the middle, on volume higher than previous 2 bars, is bullish. The next bar confirms the bullish reversal, by opening below previous close and closing above high
5. A down bar with narrow spead on volume lower than previous 2bars is a test in a rising market. A nice safe haven for entering longs.
6. A test, another safe spot for entering long or halving a profitable position.
7. An up bar on narrow spread, on volume lower than previous 2 bars, is highly bearish. A duck sitting on a fence i.e. an easy target.
8. A down bar on narrow spead, closing in the middle, on volume lower than previous 2 bars, that’s a sign of strength.
9. An up bar on narrow spread, on volume lower than previous 2 bars, is a sign of weakness. A sweet spot to short. Note the weakness in the background i.e. previous bars closing on the low or middle
10. Climatic buying action or stopping volume.

any comments welcome

[bbj_anchor]

Originally Posted by humdesggg »

Anatomy of afternoon session on YM

1. Up bar closing on the low range,on volume higher than previous 5 bars,is bearish and a strong short signal.
2. No demand up bar,with narrow spread, is bearish. Note all the following bars are down on low volume, a sign of strength.
3. Climatic action. A wide spread up bar closing on the low, on high volume is bearish and sign of weakness.
4. A down bar closing in the middle, on volume higher than previous 2 bars, is bullish. The next bar confirms the bullish reversal, by opening below previous close and closing above high
5. A down bar with narrow spead on volume lower than previous 2bars is a test in a rising market. A nice safe haven for entering longs.
6. A test, another safe spot for entering long or halving a profitable position.
7. An up bar on narrow spread, on volume lower than previous 2 bars, is highly bearish. A duck sitting on a fence i.e. an easy target.
8. A down bar on narrow spead, closing in the middle, on volume lower than previous 2 bars, that’s a sign of strength.
9. An up bar on narrow spread, on volume lower than previous 2 bars, is a sign of weakness. A sweet spot to short. Note the weakness in the background i.e. previous bars closing on the low or middle
10. Climatic buying action or stopping volume.

any comments welcome

Seems to me #10-1 is stop volume 10 is a huge downthrust. This (10) would be time to go long? BIGS start all over again (seems often the pattern with a flattening out for a bit somewhere soon to buy some supply to finish the mark up again!).

[crabbydog]

Originally Posted by humdesggg »

Anatomy of afternoon session on YM

1. Up bar closing on the low range,on volume higher than previous 5 bars,is bearish and a strong short signal.
2. No demand up bar,with narrow spread, is bearish. Note all the following bars are down on low volume, a sign of strength.
3. Climatic action. A wide spread up bar closing on the low, on high volume is bearish and sign of weakness.
4. A down bar closing in the middle, on volume higher than previous 2 bars, is bullish. The next bar confirms the bullish reversal, by opening below previous close and closing above high
5. A down bar with narrow spead on volume lower than previous 2bars is a test in a rising market. A nice safe haven for entering longs.
6. A test, another safe spot for entering long or halving a profitable position.
7. An up bar on narrow spread, on volume lower than previous 2 bars, is highly bearish. A duck sitting on a fence i.e. an easy target.
8. A down bar on narrow spead, closing in the middle, on volume lower than previous 2 bars, that’s a sign of strength.
9. An up bar on narrow spread, on volume lower than previous 2 bars, is a sign of weakness. A sweet spot to short. Note the weakness in the background i.e. previous bars closing on the low or middle
10. Climatic buying action or stopping volume.

any comments welcome

Could you define what you mean by a 'down bar' and 'up bar'? I looked at 2 and it closed on its lows, which seems to me makes it a down bar. But I am guessing the terms down bar/up bar doesn't actually mean that?

Also, on point 4 you mention 'opening below previous close' but for my limited understanding of VSA the open is ignored (a VSA chart doesn't show the open, just HLC).

Thanks if you can clear up my confusion on this