VlamesIffect:


Eurgbp na expensive pair & less volatile...i no like am

boom99:



Ye. I am trying to study the pqir. With time i think I should be able to crack it

charly20:



Na "failed swing" that Oga just dey do before we see 160.

infofirst:



God bless you boss mi. You stated it as I would have loved to. Follow the trend.
The big or next question if I may ask before I share my thoughts as well. How do I know the trend?

richgen:


Trading is wonderful when one can get his acts right and treat it as a serious business.

I'm a witness of a young man who is a senior to me who trades only GU and makes in profit average of $25000 monthly here in Nigeria.

Then I know this is the real deal.

infofirst:


Na so bro. Those with doubt na them sabi.
I saw this and I screenshot it. I love it and dream it too soon

Piptocoin:


Amen, boss, and same to you in abundance.

Okay, what is the trend? Big Big question. I don't know if what I will describe will be of help to anyone but this is me and how I have been researching the market.

Before I begin, let me categorically state that I am still learning and growing. I make no claim to any fake mastery of the markets. I must not be a guru (is there even such a thing?) before I tell anyone how I view the market.

That said. I have noticed that there are thousands of ways to identify the trend that suits each person's personality but I found, to my disappointment, that they never worked for me especially owing to the fact that I hate indicators with passion and trading with laptop...using a laptop restricts my freedom and flexibility hence I went hunting for a system that can tell me how to identify the trend and that wouldn't need any indicator or even if it did at all it should be available on the mobile platform.

I found VSA — Volume Spread Analysis made popular by Tom Williams. It uses the volume of the market and spread of the candle to determine weakness or strength in the market. It doesn't talk about the so-called trend. It talks about trading with the Smart Money or Professionals who manipulate the markets. They always try to hide their footprints or positions by misleading the public but the volume and spread give them away so that traders can actually know what they are up to. Volume is the Key to the Truth is a popular phrase among VSAers (VSA traders).

Trading the trend means trading with the Professionals or Smart Money. I have tried moving averages to determine the trend, stochastics, donchian channel, and others but they failed to help me understand the intent of the market. The only one I know that is reasonable in the determination of the trend is the Dow Jones method of price structure. However, it is a start. We need more than that. This is where VSA comes in for me.

I don't want to give the impression that VSA is easy to learn. It has taken me a very long time to get to the stage I am now and am still far from mastering it but it does tell me the most important thing indicators cannot tell — the intent of the Professionals. It has been really difficult studying this but the hard work I put to studying it is really paying off for me.

The trend is how the trader sees the market. I see it through volume and spread of the market. Gosh...apologies for the long post. I had to make sure my explanation does not suffer from a lack of clarity.

VlamesIffect:


On a good day.. person suppose dey reason sell around that high... but mr market go always be mr market ...wey e fit continue buy early next month to lure buyers in..make him come dump everything...

rainlover:
boss how the I get this VSA on tradingview ?

infofirst:



God bless you boss mi. You stated it as I would have loved to. Follow the trend.
The big or next question if I may ask before I share my thoughts as well. How do I know the trend?

infofirst:



God bless you boss mi. You stated it as I would have loved to. Follow the trend.
The big or next question if I may ask before I share my thoughts as well. How do I know the trend?

VlamesIffect:


Boss...Give us nuggets abeg....

Piptocoin:


Amen, boss, and same to you in abundance.

Okay, what is the trend? Big Big question. I don't know if what I will describe will be of help to anyone but this is me and how I have been researching the market.

Before I begin, let me categorically state that I am still learning and growing. I make no claim to any fake mastery of the markets. I must not be a guru (is there even such a thing?) before I tell anyone how I view the market.

That said. I have noticed that there are thousands of ways to identify the trend that suits each person's personality but I found, to my disappointment, that they never worked for me especially owing to the fact that I hate indicators with passion and trading with laptop...using a laptop restricts my freedom and flexibility hence I went hunting for a system that can tell me how to identify the trend and that wouldn't need any indicator or even if it did at all it should be available on the mobile platform.

I found VSA — Volume Spread Analysis made popular by Tom Williams. It uses the volume of the market and spread of the candle to determine weakness or strength in the market. It doesn't talk about the so-called trend. It talks about trading with the Smart Money or Professionals who manipulate the markets. They always try to hide their footprints or positions by misleading the public but the volume and spread give them away so that traders can actually know what they are up to. Volume is the Key to the Truth is a popular phrase among VSAers (VSA traders).

Trading the trend means trading with the Professionals or Smart Money. I have tried moving averages to determine the trend, stochastics, donchian channel, and others but they failed to help me understand the intent of the market. The only one I know that is reasonable in the determination of the trend is the Dow Jones method of price structure. However, it is a start. We need more than that. This is where VSA comes in for me.

I don't want to give the impression that VSA is easy to learn. It has taken me a very long time to get to the stage I am now and am still far from mastering it but it does tell me the most important thing indicators cannot tell — the intent of the Professionals. It has been really difficult studying this but the hard work I put to studying it is really paying off for me.

The trend is how the trader sees the market. I see it through volume and spread of the market. Gosh...apologies for the long post. I had to make sure my explanation does not suffer from a lack of clarity.

Piptocoin:


Actually, VSA is a concept that should be learnt, not an indicator. Besides, a VSA trader does not need any fancy volume indicator for trading. The MT4 volumes indicator is more than enough. It is just like learning ICT concepts but the difference is that unlike ICT you don't need videos to start. Just one pdf by Tom Williams will do. And I must warn you, it does not tell you...press buy button if you see this or hit sell button if price does that.... It takes effort (serious one) to study it. Just warning you in advance. If you still wish to understand the concept (which will change the way you view the markets) then here are links to the two ebooks that all aspiring VSAers begin with. Click the titles below:

The Undeclared Secrets That Drive The Stock Markets

Master The Markets

Edit: I have only read Master the Markets. That is sufficient for me. I have heard some traders say the former is more indepth than the latter so I posted the two. Any of them is okay.

karkinase:
Seems venturing in one pair is the way forward now..

docus:

Wow, nice, this is how I would love FTA to be, shearing of ideas.
For me I identify my trends from monthly charts down to daily. I use pure candlestick formations integrated with EMAs, also break of market structures. I execute my trades on daily chart(swing trading for days or weeks)

Piptocoin:


Amen, boss, and same to you in abundance.

Okay, what is the trend? Big Big question. I don't know if what I will describe will be of help to anyone but this is me and how I have been researching the market.

Before I begin, let me categorically state that I am still learning and growing. I make no claim to any fake mastery of the markets. I must not be a guru (is there even such a thing?) before I tell anyone how I view the market.

That said. I have noticed that there are thousands of ways to identify the trend that suits each person's personality but I found, to my disappointment, that they never worked for me especially owing to the fact that I hate indicators with passion and trading with laptop...using a laptop restricts my freedom and flexibility hence I went hunting for a system that can tell me how to identify the trend and that wouldn't need any indicator or even if it did at all it should be available on the mobile platform.

I found VSA — Volume Spread Analysis made popular by Tom Williams. It uses the volume of the market and spread of the candle to determine weakness or strength in the market. It doesn't talk about the so-called trend. It talks about trading with the Smart Money or Professionals who manipulate the markets. They always try to hide their footprints or positions by misleading the public but the volume and spread give them away so that traders can actually know what they are up to. Volume is the Key to the Truth is a popular phrase among VSAers (VSA traders).

Trading the trend means trading with the Professionals or Smart Money. I have tried moving averages to determine the trend, stochastics, donchian channel, and others but they failed to help me understand the intent of the market. The only one I know that is reasonable in the determination of the trend is the Dow Jones method of price structure. However, it is a start. We need more than that. This is where VSA comes in for me.

I don't want to give the impression that VSA is easy to learn. It has taken me a very long time to get to the stage I am now and am still far from mastering it but it does tell me the most important thing indicators cannot tell — the intent of the Professionals. It has been really difficult studying this but the hard work I put to studying it is really paying off for me.

The trend is how the trader sees the market. I see it through volume and spread of the market. Gosh...apologies for the long post. I had to make sure my explanation does not suffer from a lack of clarity.

rainlover:
Thanks a lot boss! I just downloaded the e-book. Would study it all nights. I been following the ICT concept for while, but I'm still struggling to win trades as I'm almost always getting stopped out.

I have been using it on XAUUSD HTF and it works, but, using the concept on BTCUSD I'm always getting stopped out... I'm still grinding all night to get these things right.

I'm always getting stopped out
That's seems to be the major challenge I'm facing now

I need help

rainlover:
Thanks a lot boss! I just downloaded the e-book. Would study it all nights. I been following the ICT concept for while, but I'm still struggling to win trades as I'm almost always getting stopped out.

I have been using it on XAUUSD HTF and it works, but, using the concept on BTCUSD I'm always getting stopped out... I'm still grinding all night to get these things right.

I'm always getting stopped out
That's seems to be the major challenge I'm facing now

I need help

Piptocoin:


That is very cool the way you view the markets. I don't know how to do that. When I first began to use candlesticks (pinbar, doji, tweezer tops and bottoms, hanging man, abandoned baby, etc) to trade...hmm...the markets flogged me wotowoto. In all, different perspectives but all perspectives lead to one road — consistent profits.

charly20:


If you're a swing trader,that choice may be frustrating but good enough for a daytrader or scalper.

infofirst:


It's better to first focus on one moderate pair and when you quite understand how prices move, then increase it to max five to ten. If nothing shows as a signal in five to ten pairs then there is no point trading for that day.
Most of us do not understand how prices move. And instead of channeling our energy on one at a time, we decided to trade all and we end up miserable. If you cannot trade one pair successfully, you can never trade two or more successfully.
#A journey of billion miles start with a step.
#A journey of trading multiple pairs start
with a pair

charly20:


True. My statement comes from the assumption that he is not a new trader.

I'll definitely offer your advice to a new trader if it was the context.
Cheers!

charly20:



GJ's setup came up on my radar and i took the sell as planned though at a quite different price from the initial plan but all the same

dotunibrahim7:
Charly was it this morning you took this Us oil trade?

infofirst:



Actually, there are some pairs ehn.. They are ten in one pair. Never a dull moment.
#Gj #Gold #us30... I raised hat for those that trades those combine successfully. Mehn. I prefer to trade gu only. But my greediness will not stop me from looking at gj gold eu etc.
The day I overcome my greediness, the day I will be finally set free. One of my mentor will never be proud of me for trading more than one pair. she was a GJ specialist then.

charly20:


I've a long history with Gj and gold

Jameselias:


That place you put your stops put your trades there
patient

SMC

Piptocoin:


Judging from your zeal to learn I can only say don't give up. Every step forward brings us closer to our desire.

About ICT...although I am not a student of his neither am I a follower, there is something I learnt from one of his students. She said that ICT is a vast encyclopedia of concepts. You don't need all his concepts according to her. You just need two concepts: one to determine bias and another to determine entry...the rest are unnecessary. She said she doesn't even trade order blocks the way many do. So, I hope that can help. Have you tried doing that?

infofirst:


Brilliant. Well detailed. In my own thought, A trend is overall direction of the market asset price, trend can be upward or downward movement of prices. Like you stated, there are several tools and or indicators that can help identify the trend and possible level to trade. Most of these tools were developed by individuals like you and I and those indicators were developed based on the way they see the market. I instead after having learnt how to use some of those tools, strongly believe it's better if I can use my own eyes to understand the market.
So basically I focus on identifying levels of support and resistance for an assets and then flow with the movement of price frm either level and the candles helps to tell me whether to keep riding the trend or its about time for a change.
I will look over the VSA in the future. Sounds good

charly20:


Actually, i don't think those candlesticks are "invalid" ways of reading market movements. Personally, i use them to catch tops and bottoms of trends. They usually indicate start of a new move (of course,not independently ) when you have those reversal patterns.

Most efficient are they in HTFs.

Attached is an example currently forming on GJ H4. If i want to take a risk on this trade, this candle is confirmation together with the failed swing in a significant demand window. I hope i made my point clear Sha.

rainlover:

Pls can you throw more light on trading the order block?