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Good day. In the attached I send a picture of E6Z9for period of 13.11, 3 min chart. We can see how the price moved in a channel and in some moment broke the channel. In the thread significantly were indicated examples how VSA works, but it could be interesting to get some feedbacks how its possible to use VSA in a channel perhaps with using Footprint or Market Delata indicators. So, the channel was formed by appearing of a hammer 1 with rather big volume and we could get a trade from a test No 2 which has volume less then 2 previous bars. The channel could help us to install TP at level of candle No3 but price did not stop and gone higher to candle No4. The candle was formed as Hanging Man with big volume so it can be considered as reversing sign. Then price dropped to resistance and formed a candle – hammer with rather big volume which can be considered as reverse sign but without big efforts of volume the price broke the support and dropped… VSA works pretty good with background as big volume. But it could be very interesting to understand how its possible to manage trades in a channel. How its possible to understand with volume help there are signs of reversal or continuation of a move nearby channels support and resistance. Perhaps for this its necessary to use Footprint or Market Delata indicators?:bang head: All comments are welcomed. Regards and good trading.

Ok, thanks for youor comments and wish you good trading!

Dear Sevensa, Thank you very much for your feedback. As you understood, I am learning with the method and if I see very similar signals to enter the market with supporting background, I enter. In that case it was ND candle (No3) with weakness in background. As I understood from your message, you confirmed that I took wrong decisions, because “after both, the market powered higher shortly afterwards without giving any short signals”. Yes, I also can see clearly what happened after my alerts. But kindly point me which markets signal I missed / to which situation should I look to avoid that decisions. Best wishes.

Dear Habi, Thanks you very much for your comments of my trades. It was really interesting to read your opinion about the situation. You informed that after 06.09 there was a bullish background. And yes, I agree with you tha ton 60 min chart we could see a very long down candle with high volume –equal to 38467. So, it was a background of coming strength into the market and really after that the price went up and mowed sideways during all 07.09. The question is – after the up move market took side way form. Is it means that background of the strength is over? Or we should just wait for break out of the channel to take some decision? I would like to disagree with your point of view regarding your explanation of 5 min chart. Because as tells us VSA, we should enter to the market on short after break of candle No3 low as it was ND candle. I agree with you that I would not fell comfortable with a short position at time after candle 3, but at that time I would already have opened position. It would be nice to get more info from you how to use bigger time frame correctly. Regards.

Hi, thanks for your comment! For me wrong trade = losing trade. I agree with you that no system will provide 100% winners. But, perhaps the market give us a signal - don't enter short?:doh: More feedbacks are welcomed.

Good Day. VolumeJedi and other respected traders, Your comments will be appreciated. Here by I would like to send a situation on 08.09.09 with Euro / USD 5 min. There were couple cases then high volume appeared, in comparison with volume of prior bars, so I expected for VSA price actions but got two faults. And wish to get your feedbacks, there I was wrong. 1. So, at candle 1 we got rather high candle which has very big volume and after down candle No2, which tell us that SM comes and the price should go down or side way. Then I note candle No3, as I looked for ND bar to enter short. It was not so suitable because it has not so small volume, but practically less then 2 prior bars. On break of low of candle No 3 we enter to short but after some pips the price return and go against us - big rising. So the enter was wrong. 2. The second case, then formed candle No5. We can see rather long candle up, which was not closed at the high, after it was formed a red candle, so, I expected for SM ready to go down. In the case we have to wait for ND candles to enter short. I found the most suitable for ND candle No 7. I entered at the candle break low, but again the market goes for a time side way and after grow up. You are kindly asked to comment my trades and how could I pervert the incorrect entries, which markets signs I did not recognize? Regards.

Dear flimbo, thanks for your kind reply. Will take it into consideration during trading! Regards.

Dear VolumeJedi, Thank you very much for your useful and soon comments! I know a little bit about TG platform and its advantages during trading using VSA. They use a lot of signs which are described under VSA principles. I use NT and there is also can be used “Better Volume” indicator which also put some diamonds and triangles with some explanation. But the matter is to understand how work price and volume without diamonds! Regarding scenario of long trade its practically clear, at present level at least.. ;-) As for short trade, as for me the market did not provided a lot of signs before dropped down. I think there is the most difficulties of the short trade situation. There was no “No demand” bars which could tell us about coming short. Could you be so kind to share your opinion at which point you get into short or we should be out of the market, in this case. Also I looked thru the threads and did not find which is preferable ratio loss / profit in VSA and which is the most workable timeframe for using VSA intraday (some traders use 3, 4 min; TG video showing 9 min frames). Kind regards.

Good day! I am new to the thread and would like to thanks to its founder Eiger and VolumeJedi, who also provide amazing analytic on volume to the thread. After reading your materials I really understood much more then after reading Tom Williams! VolumeJedi, I would really appreciate if you will comment / send your suggestions regarding attached picture. There are indicated two potential trades – the first one long, the second one – short. I have some doubts there to enter the trades.? So, looking for background. After the second candle was formed after candle 1, we could understand that under VSA, candle one has stopping volume or has selling climax action. It tells us that we should look for signals to enter long positions. The signals should be tests for No Supply. The questions is, could we count as tests for No Supply bars 2 &3 as they both has volume less then 2 prior candles? Or should we wait then local resistant will be broken, but at which candle we should enter long then? As for short, we can see high up candle which closed not at its top and the candle has very high volume, it tells us, that SM was selling and third candle after A confirms it. After the third candle price straightly drop down. There were 2 candles B & C. Both of them has volume less then prior 2 bars. The question is there is the best place to enter short? Would be nice to get your comments here, Regards.