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In today's article I decided to tell you about the 5 key elements of market analysis on which I rely in finding entry points.Here you need to understand the signals that are not based on the laws of supply and demand, resulting in a high probability lead to disastrous results. The market is constantly changing. Those graphic model or scheme to a variety of indicators that worked yesterday may not work tomorrow.It remains unchanged, only one - is that market movements are formed due to the opening / closing positions, and they in turn affect the volume.Therefore, trading decisions should be taken only on the basis of supply and demand analysis. Then objective information will be the basis of transactions.The volume shows the mood of the market, the number of contracts that someone bought, while others sold. It is important to understand that the more contracts came into the market, the higher the interest of major players to a certain level. And interest in the level - it is the building block that can be used to build a good trading system, which has a logical basis.I use as a rebound from the system level and the breakdown and pulse circuits. Each of these systems is based on the …
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cap_opossum avatar

Good and useful!

allaDZ avatar
allaDZ 27 Apr.

Хорошая статья! МОЛОДЕЦ

Agnessa26 avatar
Agnessa26 28 Apr.


maviz avatar
maviz 28 Apr.

AlinaSelina, hrustiashka, cap_opossum, allaDZ, Agnessa26
Большое СПАСИБО за отзыв, девушки!!

Uladzimir avatar

отлично поработал

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"You do need to recognize that professional traders can do a number of things to better their trading positions: Gapping up or gapping down, shake-outs, testing, and up-thrusts are all moneymaking maneuvers helping the market-makers to trade successfully, at your expense – it matters not to them, as they do not even know you." - Tom Williams, Former Institutional Trader and VSA creatorVolume Spread Analysis (VSA) is the improvement upon the original teaching of Richard D. Wyckoff (1873 – 1934) by Tom Williams, a former professional operator in the stocks market for 15 years in the 1960s-70s. Williams improved the work started by Wyckoff by further developing the importance of the price spread and its relationship to both the volume and the candle close.This method is proven and time tested, even though it has been constantly updated and upgraded to keep up with the market changes. The World Cup Trading Championship has been won several times by VSA traders - Tim Rayment, for instance, won in 2009 with a 44% gain.VSA seeks to establish the cause of price movements. The “cause” is simply the imbalance between supply and demand in the market, which is created by the activity of profes…
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jlongo avatar
jlongo 21 May

Very interessing article for me. Waiting for more about this subject.

Jester avatar
Jester 27 May

VSA has nothing common with complexity. It's very simple and clear concept but You have to make great job to reconstruct Your brains to think differently :) Definitely nice introduction to stuff that really matters for trading.

Daytrader21 avatar

Nice article I may study more the VSA after reading your article. Currently I use Elliot Wave theory but I heard many praising VSA trading.

Grizzly avatar
Grizzly 28 Aug.

объём в реальном времени может быть токсичен

alexpomorin avatar

To moderator : PLEASE make a rule to publish in ENGLISH only.  Reading here other languages is rediculous and shall not be allowed. Otherwise you will end up with no English at all. There is a reason why people in international community and in inyernational trading platforms restrict users to English only.

So. Please follow the standards.

orto leave comments
   The Question to be made is: "What does a Trader need, to be Successful?". It looks like a complex Question, right from the start. Your thoughts fly away to Trading Plans, Strategies, Systems, Methods, but You have to keep into attention the >>> Timing Factor <<<.    The Entry and the Exit (Stop Loss or Take Profit) of the Trade, are the Components that make it Succesful or not.    Of course that you need a complete Analysis, both Fundamental, and Technical to get the Best Entry and Exit for the trade. You might have a great analysis, very accurate, very precise, regarding the Direction of the Market Price, but if you enter too early You might trigger our Stop Loss before the Trade goes the way You have Predicted. On the other hand if You enter too Late, you might lose the Market Move and wake up in the Middle of a high risk trade.   I have written about the Timing issue in my "12 Steps to Make a Trade, 12 Solutions to Discipline Yourself" article from December.           The >>>TIMING<<< issue involves a Time Factor - the best Moment to Enter/Exit the Market.   How can You find the Best Moment in a Time Based Chart?... You have to take "another View of the Market", one that is beyond the Time Factor.   So, We have a Timing Problem, and the Best Solution can be found by Detaching Yourself from the Time Factor.   The next step to take is to concentrate on the >>>Price Movement<<<, on the Volatility of the Market, beyond the Time by using the Range Bars/Candles Charts. You can read about the Range Bars in my first Two articles from my January Articles Series:- Constant Range Bars Charts introduction,- Range Bars Charts Analogy with Time Based Charts.   >> It is amazing how You can use Trading Instruments from the time Based charts, in the Constant Range Bars/Candles Charts analysis, and combine them with specific Tools from the Price Movement Charts (R.B.C. - Range Bars Charts).   >> For example, You can use Pivots (Daily, Weekly and Monthly - Time Based) combined with Moving Averages from the Range Bars Charts, other than those from the related Time Based Charts, and also Trendlines and Channels based only on Price Movement.   >> However, the real Help comes from the Volumes indicator, and the Volume Spread Analysis conducted in the range Bars Charts, because We have a different number of Bars/Candles, and the Volume is distributed different from the time Based Charts.   >> Another Important Difference, the Bars/Candle Formations, show Different Signals, sometimes earlier then the Time Based Chart, correlated with Volume and the Technical and Fundamental Analysis in both types of Charts.   >> >>>IMPORTANT<<< Volume doesn't Always follow the Fundamental Anaysis and News. They are sometimes higher during the OPEN/CLOSE of the Asian (Tokyo), London or New York.   >>>SOLUTION - Use the Time Factors, Fundamentals and Market Opening and Closing to Spot the Best Entry and Exit Signals by using the Constant Range Bars Charts (Price Movement and Volatility Charts), with the Specific Tools: Volumes, Volume Spread Analysis, combines with Candle/Bars Formations and Technical Analysis. Just Follow the "Smart Money"  (Professional Traders) Real Movement.  
I will post some Chart examples to Better understand the Theory.
   First, let's see an example of the signals provided by the Volumes
combined with Candle Formations in both Types of Charts (Time Based and Range
Bars Charts - 10 Pips). 
In analogy with the Time-Based Chart - 15 Minutes Time Frame:   
Next You can see two examples of How you can combine different instruments in
Constant Range Bars Charts.
Example 1:  
Example 2: 
Thank you for reading my article. I hope you can use the Information to build a
Better trading Plan and Strategies.
Remember to take a Look at my Constant Range Bars Charts Technical Analysis (35
Pips Bars/Candles) in Analogy with 4 hours Time Based Charts for This Week, for
the Major Pairs (Eur/Usd, Gbp/Usd, Aud/Usd, Usd/Chf, Usd/Jpy, Usd/Cad and
Nzd/Usd). So far, my Analysis has had 85 % Success, because it is based on
Price Action. In the First Analysis in February I will also Post the Monthly
View through the Daily Charts.
You can see examples for my Analysis in My Article Series from December and
Disclaimer: Please Assume Responsability for You Own Trading Decisions.
Thank You,
To Your success,
Tiberiu - Doctortyby  
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doctortyby avatar
doctortyby 15 Feb.

In trader's Contest I am testing a strategy based on the Currency correlation. It does not follow that successful analysis(85%) from my Weekly Articles (with Updates)as I use Different pairs to trade and different correlations between the currencies.

Schaolin avatar
Schaolin 22 Feb.

good article +1

ante777 avatar
ante777 25 Feb.

Great articles and analysis. Thank you.

forastero avatar
forastero 28 Feb.

good article

Bluedragon avatar
Bluedragon 28 Feb.

nice article +1

orto leave comments
       Main abbreviations:
§     ROS (point
of control) - the maximum value of the profile
§     VAL (volume
area low) - At least 70% area cost
§     VAN (volume
area hi) - maximum 70% area cost
§     HVL (hi
volume level) - the maximum volume levelValues ​​(number of) points optimized for
futures S & P500, for other instruments used by their values, depending on
the intraday volatility.
1a. In
a falling market, when the current session opens below the VAL yesterday, enter
a short position of VAL and again from the ROS, with a  
stop above         
the VAN (+ 1.5 points).
1b. In
a growing market, when the current session opens above VAN yesterday, enter a
long position on the VAN and again from the ROS, with a
below the VAL (- 1,5 points).2a. In a falling market, when the
current session opens within the VA, open a short position on the last day of
the VAN (- 2 points) with a stop at the level of ROS or before the last day of
HVL (+ 1.5 points).2b. In a
growing market, when the current session opens within the VA, go long on the
last day of VAL (+ 2 points) with a stop at the level of ROS or before the last
day of HVL (- 1.5 points).3a. In a falling market, when the current …
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elen avatar
elen 25 Feb.


ritesh avatar
ritesh 26 Feb.

the screenshots are nice, wish you good luck and please write more about it. +1

urifx avatar
urifx 9 May

hi THT, can you share the indicator again. The link didn't work! Thanks

orto leave comments
Good Morning, fellow traders, I continue my series about Volume Spread Analysis and how to use VSA to profit from the market. I’ve been talking to a lot of traders and there’re a huge number of methods out there, they told me the system could be profitable in months but the opposite equation also holds true for months. Even though the hit rate is higher than the miss rate, they are all continuing to seek for is a consistent system/method which is profitable month after month. I told them to study and use VSA as another trading tool to their trading arsenal and a lot of them question the reliability of tick volume. Tick Volume reliability? Last week, I’ve been hit by a few questions via PM asking about the reliability of volume in Forex market. I’m totally aware of the argument since it has been the most asked question whenever I’m talking about VSA. As we all know, Foreign Exchange is a decentralized market, which’s operated 24/7 all over the world, so it’s almost impossible to draw a complete number about total bid/ask being made or total volume being exchanged every day. Now, let’s ask a simple question: Who’s moving the market? The retail traders, the hedge fund, the government …
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demosco avatar
demosco 19 Oct.

very brilliant article, VSA a very logical approach to trade profitably and consistently if well applied .

Victor avatar
Victor 25 Oct.


Marenno avatar
Marenno 11 Aug.

Are you using VSA? Or just using a volume to support your trading ideas?

orto leave comments
In the first article, I’ve explained various concepts which are critical to understand Volume Spread Analysis. In this article, I’ll continue to explain more insight on VSA as well as simple set-up we can apply to real trading.  We’ve seen every trader has their own way to look at chart, some using candlestick to identify pattern; some using line chart to identify swing high, swing low; some even not looking at chart at all, they argue that fundamental sentiment drive the market, so they follow their fundamental interpretation to make trade decision. For me, I use phases on to define background and trading direction.  In every market, we have two forces which interact and move the price: Supply and Demand. When supply is overwhelming demand, the big player will start distribution phase, after a period of distribution, the sell-off starts and now we have downtrend or mark-down phase.  After a period of sell-off, player will start to lock in profit as well as weak demand step in; price will retrace to 38.2% or 50% Fibonacci levels before it hits supply again and continue its downtrend. We call it re-distribution.   After a period of mark-down, big players start profit-taking as w…
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futures avatar
futures 13 Oct.

i liked your article..

ftnobre avatar
ftnobre 13 Oct.

Good article ! ...

luiz avatar
luiz 13 Oct.

Nice continuation of an interesting subject. Keep'em coming!

fx211pips avatar
fx211pips 15 Oct.

great article!+1

Victor avatar
Victor 25 Oct.

ok so far good work

orto leave comments
For one thing, this is just a very very brief introduction to VSA. If I were to write everything I knew on the subject, it would go well beyond the limit of the article and be so long that I'd lose interest in the middle of it because you guys should be reading Master the Markets by Tom Williams to have a complete understanding of VSA. I just want to introduce the concept and idea behind VSA and go over some examples.Volume Spread Analysis, or VSA, is the study of volume and spread to determine the supply/demand imbalances present in the market. The truth is the markets are rigged in favor of certain group of market makers and syndicates who are always making money. This group is what we refer to as the "strong holders". The ones that are screwed are pretty much the retailers. This group is what we refer to as the "weak holders". People seem to hold the notion that news is whats driving price action. No, thats not the case at all. Trends are driven primarily by a supply and demand imbalance set by the strong holders. The strong holders trade with a very large amount of money, so they have liquidity issues. So that means the best way for them to load positions is to buy into weaknes…
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kawser avatar
kawser 28 Sep.

Thank you Rahul... A great article... :)

pipscity avatar
pipscity 6 Oct.

Thanks for sharing, i am "trying" to use VSA this month on daily chart will see how it goes or if i understand the stuff correctly :)

fxadb42 avatar
fxadb42 2 Nov.

no images? there's just [img1], [img2] but no actual images. is this just here or is this normal?

fxadb42 avatar
fxadb42 2 Nov.

(i tried with 3 different browsers)

klimce avatar
klimce 5 Nov.

Interesting article...I`ll chek the book you recomended. Thanks for sharing.

orto leave comments
   The Fifth €l€ment   CHI-The price: As we all know the price discount all informations.Think about the power of a computer chip understanding only 0 & 1.You can read and understand  0 1 2 3 4 5 6 7 8 9 , correct ?Endless power and possibility you have ...!    KA-The Volume: To avoid trading charts looking like a plat of spaguetti, One MUST find a good indicator.The Volume is really the second purest information afther price behavior.They are many types of software around VSA types etc ....; i urge you to look at the latest data feed of volume.In the good al days of voice broker when you where at your desk you could listen to the market...hear the trend !The Last price is not = to bid or ask !You need to know if last = payed or given ! not same thing !Now seems we can get volume data of ask and bid Not equal to volume or ticks volume ! Its a MUST example of different type of volume data 1 = Bid/Ask (Ask for up, Bid for Down) 2 = Uptick/DownTick Volume 3 = Bid/Ask Number of Trades 4 = Ask/Bid Difference Max 5 = Ask/Bid Difference Min 6 = Bid vs Ask (see notes below) 7 = Total Volume     FU-Time frame or Range bar They are lots of advice all around some of the…
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ritesh avatar
ritesh 6 Sep.

Nice article buddy, keep more coming +1

ante777 avatar
ante777 9 Sep.

Very good article. Good luck.

doctortyby avatar

Good Luck Friend!

Roger123 avatar
Roger123 9 Sep.

Well done, its a very good article. Good luck

doctortyby avatar
doctortyby 25 Sep.

I love Science Fiction movies and stories. +1 for this article, trade well

orto leave comments