Supply/Demand, VSA, Wyckoff with Petefader

Go Pete Go!..:slight_smile:

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THANK YOU! I’ve been meaning to read your original thread and even have it bookmarked, but in all honesty those 300+ pages scared the crap out of me.

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YO! Let’s make it legendary. I’m on the first page :smiley:

Thanks! This is awesome!

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Thanks Petefader, you are a top man…

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Thanks Pete, I guess you gave up creating that pdf of important posts you talked about earlier? Just wondering. Keep up the good work! :slight_smile:

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front page woot!

Another great resource for traders. Thanks pete.

Hello petefader,

I’m very new into learning VSA and I find it pretty amazing but it is also sometimes very confusing. Anyways, I highly appreciate your renewed effort and time to startup a new thread. Practitioners of this method are very rare and like minded people are really harder to find. Thanks to the internet and great forum like this one.

I really don’t know why good and solid methods such as this has been shoved under the carpet by the mainstreams. Everywhere we see - internet and the media, they’re selling the super secret silver bullet trading system ($97 - $5000) based on same rehashed indicator based formulas.

Thank you

** As a newbie learner, I’m full of doubts in this phase. Is it okay if I ask some of my doubts with the charts in this thread or do I make the doodles in other thread? I’m following stocks and I thing it doesn’t really matter which market we follow while applying VSA principles.

I think VSA is one of the best skills a serious trader can invest into themselves. Thanks for the vids.

Wow, excellent! :slight_smile:

Monday and Friday I usually don’t make it here until NY session but tues, wed, thurs I wake up at 5:30 am EST. That’s been my schedule for a while now. It’s a good balance between making it in time for setups and getting sleep. I’m 35 now and yeah, I can’t do it like it used too lol.

Anyway, just looking at the charts now. As I said in the new video, we are technically in Accumulation phase on 1hr, but looking at these up moves today on the 5 min, there is a lot of supply showing up. I would have to say clearly more selling pressure is there right now and it’s acting more like redistribution.

This can seem tricky, the way accum/dist can seem to switch back and forth, but that’s the way it can go during a range. If you stay with SM and buy low sell high, and manage your trades right, you can still profit on scalps.


See the ND on that chart there, those are my favourites, same with NS, trend continuing, high prob trades.

Hm, I saw NoSupply some time later. Can you guys please correct my interpretation?


Not exactly sure what type of crowd you are trying to attract here with bunnies and chocolate chip cookies, Pete! :15: Lol I know I been absent lately but Ill try to make some appearances and help get the newbies on the right track with ya!

You are correct in seeing the demand coming in, then the NS, however the NS volume was not lower than the previous 2 candles volume to be technical about it.

If you look left on the 5 min you see much higher volume spikes showing supply as my chart shows. By buying there you are “buying into an area of weakness”.

Today was a ranging day again. We know why as I explained in the video part 3. So, you can have valid short/long/short setups one after the other but if you try and judge which looks stronger as far as supply and demand, you’ll be raising your probability. In todays case, the supply had the higher volume. Also, I don’t trade after 16 GMT…not as safe.

Enpoint! lol, I was waiting for someone to notice that lol…I can change them. :stuck_out_tongue:

You have your own excellent thread dedicated to this very setup, if I am correct Purple ?

Thanks Pete!

I have a couple of quick questions.

  1. You end the day at 16:00gmt. When do you start?
  2. In your experience, what’s the best broker for VSA?
  3. Which volume indicator do you use? Or are they all the same, and the difference in shown volume is due to the broker?
  1. I did just go through my schedule 2 posts ago. Ideally I would start at london open…if not for sleep.
  2. IBFX, get the demo.
  3. Just the “Volumes” indicator that comes with the platform, nothing fancy. Yes, It will vary between brokers.

Just found your thread and am enjoying reading through it.

Checked out my platforms “tools” and the only volume indicators come in the form of a line, similar in appearance to RSI, instead of bars.

Don’t know if it is possible to do anything about that or not. But nevertheless, as I say, enjoying the thread.

Welcome. On MT4 go to: Insert/Indicators/Volumes/Volumes. You’ll have exactly what I’m using and can you adjust the color and width of the bars.

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