Supply/Demand, VSA, Wyckoff with Petefader

[gigitranza]

Where's my mistake ?

I went long after NS bar was confirmed ...

[purplepatchforex]

You didn't check to the left to see if the market had moved.

[petefader]

Where's my mistake ?

Your stop loss. Draw a 5 min fib on that move up. Stop goes below the fib zone. It's still running up as I type this.

[gigitranza]

Your stop loss. Draw a 5 min fib on that move up. Stop goes below the fib zone. It's still running up as I type this.

I get it. Thank you.

[SagiCZ]

Hey Pete and others,
I'm around for quite a while and I think I can grasp the concept pretty fine. It's just not very easy to apply every time. I need to practice more but then again I have just very little time for trading. I think I should be a swing or long term trader but I really like VSA, especially your approach so I am not giving up just yet .

You were talking about yesterdays heavy buying that made you jump in quite aggresively because you just couldn't stand the idea of missing a trade. I've marked the buying (and some selling) on the following picture. Do I get it right?

So when I see something similar to this, it basically means STRONG background so it's safe to look for any buying signals on M5. Am I right or am I right? And what about right now? Price has moved up quite a bit, is the background still strong? Are we in mark-up until buying climax occurs? Thx

[playe]

heavy buying on tuesday and yesterday, seeing accumulation mainly on 30m, today on 1h lovely two no supply, last long had taken on 1.307 of 1h chart, if they'll manage tomorrow to close on 1.3140+ area, that'd make nice weekly test and we may be off to the races up to 1.4...
i need to check yet moving averages and rsi to be sure LOL

[fathonezic]

hello pete,

i have watched your videos, but still not too understand,
maybe because my english is not good. i think, it's better for me to upload my analysis so you can give me feedback.
oh, is there any good ebook about vsa that i can read ?? anyway, i will try to watch the video again and try to understand

[petefader]

i need to check yet moving averages and rsi to be sure LOL

...and don't forget the fundies.

I'll probably take tomorrow off. I caught my fish, to target. See how e/u pinned off that 1hr 61.8 to the pip. This fib zone..the best kept blatantly obvious secret of tech analysis lol. Technically it's markup that hasn't hit hi vol supply on the 1hr, so tomorrow's trade is a long after pullback/stopping vol ideally for me. OH, now I'm gonna be watching for it..doh!

[petefader]

hello pete,

i have watched your videos, but still not too understand,
maybe because my english is not good. i think, it's better for me to upload my analysis so you can give me feedback.
oh, is there any good ebook about vsa that i can read ?? anyway, i will try to watch the video again and try to understand

Yes, watch and watch again. Maybe you can get someone to help interpret it for you. Maybe another trader that speaks your language. Books...just the one a posted in here earlier today. Good luck.

[ProfitwalaPlus]

...and don't forget the fundies.

I'll probably take tomorrow off. I caught my fish, to target. See how e/u pinned off that 1hr 61.8 to the pip. This fib zone..the best kept blatantly obvious secret of tech analysis lol. Technically it's markup that hasn't hit hi vol supply on the 1hr, so tomorrow's trade is a long after pullback/stopping vol ideally for me. OH, now I'm gonna be watching for it..doh!

Hello Pete,
Do u think EURUSD will be a good long at 1.3090 for tom....