1,500 PIPS PER MONTH with this method, VSA/SR/fibb etc

Same as the last trade in reverse. Caught the entire news move +32.

I should have marked stopping volume as well. Higher volume than the move down, with no further down move. Right where that first pin touches the red line.

I didn’t trade today. Just opened the chart and saw this.

The money that moves the market will buy low and sell high.

Notice the High Volume at lower prices (buying, green) compared to the higher prices (selling/red)…We see where they are more active. :wink:

Monday will most likely be a buy…background is accumilation.

Have you compared futures volume to forex volume? Would it be possible to use futures volume for forex. I’m new to this thread and am very interested in VSA. Thanks for the info…

ps

Can you send me a private message about your chat room?

I don’t use it but you could…it’s similar. I don’t need anything but tick volume.

Babypips has a strict “solicitaion” policy, so please no questions about the chat.

I’m long today as planned from 1.3197 :slight_smile:

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And now you’re sitting pretty lol

Got the short scalp off 61.8 rejection, 15 min was a pin. Now long off stopping volume/double bottom to get back with the trend, some in the bank and locked BE 1.3441.

I swear I’m not making this up. The market is too easy when you know how it works. :smiley:
looking for 100 pips or so if my BE isn’t hit on the rest of this long.

A closer look. Sorry it’s messy but just follow the numbers.

…accumulation, I can’t spele lol.

All you need is a naked chart and Volume. Not better Volume, no indicators. They will keep you blind.

The market moves though cycles. It’s a system rigged to take your money. That’s how it works. That’s why it’s there.

[I]How you trade actually helps determine the very cycles that are causing you to lose[/I]. You are all shooting yourself in the foot. If you happend to be on the right side of the market, just know that most are not…and next time you may not be so lucky.

Your indicators are picking up on “symptoms” of a trade, not the cause of the trade. They are saying someone has the flu everytime they sneeze more than 3 times…sometimes yes, sometimes no. That’s gambling. Same analogy applies to the “everytime the chart does this, I’m going to do that” style.

Besides keeping a journal for myself, I keep this thread going in an effort to help the 90% who are losing. This is after all babypips, where people would come to learn. There are a handfull that are successfull, but most people want a simple “paint by numbers” system. That’s NOT how the market works…get real. If it was that easy, than everyone would be doing it. And where would all those winnings come from?

Banks! Yeah that’s right, one day you are all going to outsmart the banks, lol.

I’ve said my peace. Don’t be afraid to admit that what you thought was true, is a lie. The truth will set you free…and all that good stuff. :wink:

Nice post Pete, superbe trades!

Thanks to your thread and your recommendations from early july, I’ve been able to get really good entries since.

There’s nothing like understanding and actually watching what the big boys are doing.

If may I give some advise to a few people out there, rather than trying to imitate what Pete is doing, integrate the VSA concept into your preferred support/resistance trading system and see for yourself what reveals in front of your eyes.

Thank you Pete.

Much appreciated…and that’s good advice.

Well said, Pete! Starting last week, I actually removed Stochs from my charts and “Better Volume” was just confusing. Now its just Fibs, Pivots and S&R based of recent PA. Feeling kinda naughty being so naked now lol

Petefader,
I’ve been fascinated by your posts. I’m still reading this thread (currently on on page 8 lol) .
Please can you forward to me your famous PDF of Master The Markets.

Thanx so much

Make sure you scroll down to the proper link: Download mtmv3.pdf from Sendspace.com - send big files the easy way

:slight_smile:

No stopping volume yet in this markdown phase. That suggests a test of this former accumulation zone is coming, and we can see the reaction there for a possible long.

During a distribution phase smart money has built up short positions, but the “herd” is positioned long. A markdown phase (aka down trend) runs through their stop losses.

As the markdown continues, eventually it attracts much of the herd to now sell. [I]Smart money is taking the othe side of that trade[/I]. They’re already in profit on the short, but thin out their position and they take the other side of your shorts. Once they are switched over to a position biased long and gone through accumulation, they begin the mark up phase, again catching stop losses.

When and where the cycles take place is largely based on how many people they can get on the wrong side.

Trend retraces often go to 50-61.8% not only to test the validity of the markup/down, but that’s also where many stop losses are (reaccumulation, redistribution)

When the herd is most agressively selling, it is in turn when smart money is most agressively buying. This causes the high Volume, large candles, pins, dojis we are so used to seeing (absorbtion volume). It’s systematic carnage.

Wyckoff Schematic:

Price has moved up a bit out if this area and looking similar to the Wycoff chart now gone through accumulation, but one thing is missing for a valid setup.

Stopping volume, as shown in the previous bottoms and tops on my chart. Notice the previous high volume area over the last week or so has not been met. Not enough volume for me to be confident.

If I miss the move up, then so be it. Big money is probably still holding much of their shorts from 1.3350 area, since we have not yet had stopping volume on this down move.

If we can sucker the herd in long on an up move, it would be just what we need for another move down to get our climax. Damn I’m sounding like them now…evil! lol

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There was no up move to miss. A complete fake out to attracting herd buying, which quickly became absorbed. I have to call this redistribution at this point. I have a small position short from 1.3229.

This is getting a bit scary, lol. We’ve cracked the code. :cool:

I entered short after a no demand area showed up on the 5 min, REdistribution in the background. :wink:

Very useful info. Good going pete.

Thanks bud. It’s been quite a journey, this mission to understand everything and now I feel like it is complete. I started 7 years ago, and discovered VSA about 3-4 years ago, and yes I’m saying this now, and there is always more to learn. It’s one thing to be profitable over time, but it’s another to basically make the market your bit**. :smiley:

Isn’t it funny how the first time we read Wycoff or Willliams it doesn’t make sense? …make that the first 5 times we read it. Why is it so hard for our brains to comprehend the truth?

I think it’s because the people that run the world and it’s money, and there are not many of them, do not think like us. If you ran the world, wouldn’t it be better? Would you not feed everyone, there is enough food and money to do it. It’s actually quite disgusting what goes on. Such is the market. A system that uses your own trades against you. The more you push, the more you will get pushed back. It uses your own “energy” to destroy you.

If everyone stopped trading like sheep, the system would collapse. If everyone stopped living like sheep, the global system would collapse. I don’t want to get political so…take it or leave it, it’s a good analogy at the least lol.