This is a ebook from the creator of VSA volume spread analysis.
For anyone confused about anything in Forex, your prayers have been answered. 185 pages of perfectly understandable charts and understanding of how the markets work.
Nothing to download, just an adobe file which opens as a webpage. Im on page 65 and feel like most of my questions have already been answered.
Its not just about volume but it covers many aspects of trading.
Enjoy
Markets in Profile: Profiting from the Auction Process by James F. Dalton is a better read.
Maybe so, but I believe that Volume spread analysis is the key. And this book was written by the guy who invented it. The rules for VSA came from him so IMO this book is the gospel 
Thanks to share this ebook with us. I will also check how many answers are given in it that I have in my mind.
But you can’t just take the stuff in MTM and apply it straight to Forex, this is a big mistake that a lot of traders do, what works perfectly well for stocks does so because it most likely was developed for stocks, you have to adapt stock strategies to forex.
thanks for sharing it seems interesting ! I will return with feedback if I will have a chance
Many thanks for sharing the ebook, look forward to reading 
Thanks, I’ll read it.
I don’t get it. Since it’s not possible to know the volume in Forex markets, wouldn’t a strategy based on volume also not be possible?
Maybe you need to do some more research.
In MT4 in Forex you can see the tick volume which is basically showing the amount of activity. The idea is from this point is to work out whether that acitivity is buying or selling - combining this with the candles can give you a major advantage when trading. Im about half way through the book and currently trying to catch up on Petefaders VSA thread - interesting stuff.
Helping me to understand [I]what and why[/I] the markets move in the direction that they do. Can definitely see this being a big part to my trading…
Petefaders VSA thread is excatly the one I have been reading. Yes volume can be used in FX with great results.
Dont think of it as Volume. Think of it as activity. Simply times when Smart money is active… simple
Later I will upload my MT4 template. I think I have a great setup. All that remains is to add your fibs and Support Resistance. It shows Better volume and also the Spread in a simple to read way. Along with the sessions times. Keep an eye out for the upload later today.
Not a very constructive reply.
That makes sense, San. Seems like not quite as good as real volume would be, but if it works, then it works. I can see how this might work with a lot strategies.
Sorry RainMan, you seem to have taken offence, constructive was the exact thing I was trying to be 
No worries. We’re cool
What do people think of the template? I really like the Spread indicator. I’d love to use the bar chart in MT4 but the open annoys me. I understand the best thing to do is ignore the open prices. the tradeguider system just shows high low and close. Unfortunately i dont think there is anyway to do this in MT4 so i am using candles.
