I’m still bearish/short on the euro, but it’s slowly turning 
Still looking for nice signs of weakness to short. The daily is still too much for me, Pete’s mentioned this a bit, it needs to either go out with a bang short or see sustained buying at the bottoms.
Hey Pete, would you mind posting some losing trades?
In all honesty, I’d like to see trades that you found to be great setups that still failed.
I ask this because as I look back on the charts at where high volume came in, coupled with the background and AR, this strategy puts you in position to be profitable on nearly every trade. I would assume management is where one trader wins a trade while another could lose. Regardless, relearning VSA after venturing elsewhere has allowed me to really appreciate VSA, the best thing I’ve seen.
Hey Upcomer,
I’ve been trading with Pete on a webinar for the past 4 weeks, I thought I’d jump in here as a bit moreof a “legit” answer from third party. The first few weeks were crazy, no losses (at all, like, it was ridiculous). This past week the market has done a bit of profit taking or cooling it’s jets after some sustained moves (think AJ and EU).
So there was maybe 2 trades that went into draw down (could have been exited at B/E or for a small profit). The problems with the trades (imo) were maybe against the “overall” background bias. Or just chalk them up to losing trades that happen. Either way, the month of August was very good watch being traded “live” 
On the losses, I think Pete gets up at 3am his local time to trade, I can’t even find my slippers at that hour let alone read the market.
Only my two cents
Wow, that’s great to hear. And I mostly expected to hear that answer. As I watch Pete’s video over and over again and see what you guys post in here on nearly a daily basis, whenever those good setups do appear, they’re almost always profitable. It’s crazy.
I hope to join you guys in the webinar sometime in the future, but trading for me has been extremely sporadic lately with classes in motion. So I mainly just watch Pete’s videos repeatedly to make up for lost chart time, well until I’m able to find time to actively trade again.
Yeah those two trades out of the many wins you probably get is totally acceptable, it happens.
I don’t want to talk it up too much upcomer! There are a few days of doing an analysis, and waitin for price to get to a technical level, waiting for the sign of weakness, waiting for the entry signal, and it doesn’t come around Not everyday is pulling the cash register 4 winning trades per day.
I’ve found this method to be very calm amongst all the chaos of peoplg making crazy buy & sell calls etc…
lol No i understand. That’s probably the main reason I appreciate it so much. The signals don’t run rampant, they’re legitimate entries that allow you to enter new or existing trends, even range trades.
I’m hyping up VSA right now just because I’m anxious to trade it. Market fanatic over here.
I’ll post a bit of an analysis on Monday of my 6 pairs, technical levels etc & show you what I’m on the lookout for during the day. VSA is a funny one, because if you say you’re “short” the EU… it comes with the caveat that you’re “short” (once price retraces to a technical level, shows a sign of weakness, then sets up accordingly on the smaller timeframe!)
I think it’s as black & white as the moving average cross over crowd, but I think it’s too much work for the regular crowd.
Hi pete, Hi guys,
I was wandering if anyone could answer a question for me.
In vsa what is sustained buying and sustained selling?
Thanks guys.
Hi padawanpips !
Re-read this thread from #4632.
Hello all, I am pretty new to this vsa stuff
last friday I see this AR, and second (and third) retest in EU,
I think last friday we can short it at 2975 area at the third retest to the greyed area, because the demand volume has slowed down , what do you guys think?
I appreciate any comments
Hi Danzka,
I was looking at that setup on Friday as well, I did not enter the trade though.
But looking back at the chart I think the key was this “No Demand” candle. At least that is my reading.
Thanks for the reply Kenny
yes I think that ND candle is a good confirmation too :44:
Quick heads up Danzka, the AR is the first sign of the opposing volume. So if we see climatic volume on an up move, followed by the bearish reaction, we look for the first level of demand to be the AR.
One thing I did a lot when I first started learning, and still do to this day, is watch Pete’s videos while you follow along on your charts.
Morning Guys,
A nice big drop on G/U at the open this week Not much happening this morning, a long bias on AJ and here’s the hourly chart + key levels. I’m looking for AJ to come down to either the fib zone or S&R and show a strong SoW.
Thank you upcomer, will learn about this more
I’ve watched several of Pete’s videos,
I’m planning to watch all but haven’t got the time yet, this week maybe
If you don’t mind me asking about this statement
"if we see climatic volume on an up move, followed by the bearish reaction, we look for the [B]first level of demand to be the AR[/B]"
did you mean first level of supply? the level from which the bearish reaction came from?
Hey Dankzka,
Check out this post for a bit of a description of the Wyckoff Schematic Selling Climax + Automatic Rally - 301 Moved Permanently
Thank you Jalapeno, this is my understanding please correct me if I’m wrong,
the first arrow is Buy Climax, the second is Auto Reaction, and the third is Secondary Test
From the higher TF’s Cica, I’m biased Long AJ, but it might move down to where I marked up earlier today before it finds a sign of strength.