monad

You hit the nail on the head there JJ, Yes it would be educational if there are posts illustrating what the realtime experience was. PP, Nobody is telling anybody to engage on this thread whilst they are actually trading;) as JJ also stated Glad to hear you are finding it easy to read VSA in realtime,JJ, yes it is how to trade them entry/exit etc is what most traders have problem with this method. I suppose if you combine your reading with the traditional candlestick patterns as Brownsfan suggested would help. I still am puzzled by this failed test stuff, what is the use of calling it such when it is only evident after the fact, at the time it looks like a perfectly sound test on low vol in context within previous down bars on high vol. When markets are in strong down trends you see that all the time.

I was thinking of trying it out, but now I won't bother. Tasuki was on about up/down, bid/ask vol on the VSA thread and stated that it would explain VSA and enhance the trader's age but there has not been much follow up there in that regards.

Correction jjthetrader, Reading VSA is not easy in realtime either i.e as a signal to go long or short, It is only easy to read them and justify them once next few bars are in view and even then you end up with a successful test or a failed test Nice fancy term , failed test but did you know that at the time:crap: Could it be that it is the application of VSA, bid/ask, up/down vol etc in realtime trading be the reason for the paucity/reluctance to post realtime trades It was the same on T2W and Elitetrader.

Another neat trick is learn to blend candles of in your head, ie. a WRB up, squat and a down bar on 5min chart, now take the open of the WRB, high and low of the 3 bars and close of the down bar, Now you have a 15min candle , either a doji or an inverted hammer/dragonfly. Same process again to gauge what is on the 30min. My 2 cents. helps me anyway

You are probably right, it looks pretty straightforward to account for every bar with reference to the following bar or bars but in realtime those are not there;) If somebody could read every bar in realtime, why would they bother to market that method, just sit somewhere on an Island in the Pacific and let the bucks roll in;) If one has rule sets for exits and entries with a few of the traditional candlestick patterns which then read with wyckoff or vsa concepts would suffice provided they are applied with consistency and patience.

Hey Tasuki, No offence meant buddy, just want to find out more about this bid/ask vol. You said something about that it explains VSA, well that certainly was of interest for at least it would mean folks could learn how to trade with info. generated via VSA. So would love to see more of your charts especially those dealing with your realtime trades.

Very eloquently put Pivotprofiler, great analysis on the recent post, besides currency do you trade other markets, can you put in some more details on stop loss and target levels that you trade with in realtime please. I am sure many would appreciate that.

Tasuki, You came in trumpetting your world famous indicator, up/down, ask/bid vol, green bar in red and vice versa and how it all explains VSA and enhances its value, and why folks dismissed that at the start of this thread etc, some were critical but as you mentioned many PM you with their support. Ravin also voiced that support, then you moved into moving average and VSA, Now you are raving on about pure VSA by Sebastian. Was under the distinct impression that either you were planning to start a new thread or post in here some realtime trades and demonstrate how bid/ask vol etc not only can be used in conjunction with VSA , but further explains what VSA is actually telling us about supply/demand and thus provide an extra edge in trading in realtime, not from the middle of the chart Well we are still waiting withe eagerness:helloooo:

What charting software you using Blowfish. Is this upvolume/downvolume analysis similar to Market Delta. and if so have you found it useful in your trading, in conjunction with VSA

Blowfish has made some very pertinent points on this matter at elitetrader http://www.elitetrader.com/vb/showthread.php?s=&threadid=92158&perpage=6&highlight=volume%20delta&pagenumber=3

Blowfish has made some very pertinent points at elite trader on this matter: http://www.elitetrader.com/vb/showthread.php?s=&threadid=92158&perpage=6&highlight=volume%20delta&pagenumber=3

As I have mentioned on the VSA thread, the most productive way forward is to illustrate these issues via observations on a chart with some realtime trades and get them posted so that all can benefit, who knows Sebastian and Co may decide to incorporate in their analysis and in any charting software they may be developing.

The most productive route would be to illustrate with charts. That way it will far quicker and informative to ascertain whether or not the green/red bars on the volume histogram have any value. For example when the market breaks out of a congestion zone, 1. There would probably be a wide bar on high vol, if this is a genuine breakout you should observe more green then red, right. 2. Now lets presume there is an uptrend first, as the prices rise, along the way there are WRB on high vol, then retracements and continuation. Once again you should observe more green then red on those WRB and less red then green on the retracement bars. 3. Now lets say there is buying climax , market goes sideways, there are upthrusts, no demand etc and then breakdown and market reverses to the downside. On that buying climax you should observe more red than green, right. 4. Prices now keep going down with WRB on high vol, retracement etc . The green/red sequence should now be opposite. more red than green. 5. We get a selling climax, there should be more green than red here Hope I am reading you right, if you observe these changes along the various bars mentioned above in realtime charts, then at least that should provide some more meaningful discussion.

DogPile, 4th, 5th and 6th have now been Low to High days, Today is more like a Sell day as per the way I read your charts. Now if TT is followed Monday could turn out to be SS day, Would you be looking for a high violation to seek a good location for a trade.

Interesting concept Tasuki, have a question though On any bar the volume represents contracts buyers = sellers, so how can buying vol be different from selling vol.

In which case 90% of VSA can be ignored, only focus on No demand in a downtrend and no supply in an uptrend, but first we need to define a trend, again easy in hindsight. as after a significant price move, an area of congestion looks nice and compressed, whilst you are in that area in realtime it looks a whole lot different, does it not, there is a breakout, can't tell it is real or not, before you know market moves further in that direction, again a huge vol bar, you now have signs of reversal, behold, the market marches on , I think you get the picture;)

From what I have read so far on this thread , you were not wrong, somebody before has pointed out the same scenario in realtime and also there is a post with a question regarding this i.e realtime trading, sadly not much response from the VSA experts. I believe it was stated that the buying pressure on higher time frame was greater than the supply on the lower time frame. You read it right, although VSA appears to be answer to all our prayers, and it is an useful tool no doubt, but basically it boils down to probability. When reading from the middle of the chart, it is relatively easy to account for every bar and why this one was supply and this one was demand etc;)

Well Soultrader since everybody and his brother appear to be bullish, it could turn out to be an interesting day, hope there are no nasty surprises. when there is a general consensus, markets have a tendency to do opposite:roll eyes:

Once again a great realtime trade:thumbs up: your previous post on my query regarding using VSA info. to trade in realtime hit the nail right on the head. Just like any other TA indicator, the info. via VSA has to be incorporated into some form of consistent trading strategy, where you wait for the market to meet the criteria before trading and it appears most do not have this or those who have developed are playing close to their chest;) but at least some pointers in the right direction would be helpful. You mention your friend trading FTSE based on the reading of 30min charts, surely this must entail a wide stop loss, he must have high risk tolerance. or does he then enter on 5min bars and places stop loss accordingly.

Your blend of Taylor method with other technical analysis tool is excellent, just what is required for today's market. Incidentally today as a "Buy Setup" is also consistent with the reading on the Dow cash market by Tom Williams at the VSA thread, very interesting indeed. It is a shame others who are familiar with TT do not provide their insights and comments here. Anyway you are doing a great job:thumbs up:

forgot to attach chart,

Sebastian, Have studied the ES charts, but am now confused as to how to implement the info. in trading this in realtime. For example, at point D & E there is weakness, then there is strength at F, Similarly at G weakness, at H strength. How do we determine entry for a trade in these situations, are we talking about gunning for a point or two? for although the bar at "I" looks ideal in hindsight, bars could have popped up as before showing strength. How does one manage the trade under these circumstances??

Good trading on the ftse, tried the instrument sometime back, was very spikey then. 1. How do you find you fills, and what do you think of the liquidity. 2. Which trading platform you use for trading ftse 3. Also which data feed, do they provide charting with it. Do post some more as I am thinking of trading the instrument, what is the tick value?

:)So Who is providing support/teaching on VSA, now that Todd is gone. Attended a couple of live seminars, does not look as if anybody has any real trading experience, no shortage of talk though:) A colleague had the software for a trial period, it is o.k, the above comments on signals via 2 or 3 bars are very pertinent to the package, so initially it does help to learn VSA with the explanations of each indicator popping up, but it is not absolutely necessary, the bootcamp CD is more helpful I am told.

On the contrary, many started their trading career after 50, some after 60 and have achieved great success, there is wisdom and less desire for macho trading. Humphrey Lloyd " Trading S&P Futures and Options" is one of those guys , at 70, he made over a million from the markets and still has time to practice his skydiving skills:)