Price Leads Volume - VSA and Wyckoff

[PeppeeExcuse 34]

Hello, everyone!
This is my first post on this forum. I'm starting this thread because most of the people I talk to in my Telegram Group or who watch my YouTube Channel don't understand what I do or how I read charts. I'm hoping that this thread will answer many of those questions.

Background
So, I'm 32 years old and have been trading professionally for a while. I began with only paper trading, reading, and studying for an EXTREMELY LONG TIME. When cryptocurrency fever swept the globe, I was among the first to jump in and profit from it. I'd always been curious about the relationship between volume and price, so when I came across Tom Williams' book Mastering the Markets, I was smitten.
When I applied what I had learned and researched to my trading, everything changed for me. I had made money with cryptos, but I quickly realized it was due to luck (who loses in a massive bull trend, right?) and switched to Forex trading.
Now, years/months later, I am doing heavy volume studies on a daily basis, tutoring and mentoring new traders, and publishing theories and research on Youtube, Telegram, and private trading groups that I am a member of on a regular basis.

The purpose of this thread
This thread is not intended for me to share any specific strategy or to try to impose "my way" of trading on others. The purpose of this thread is to educate new traders in some way, as well as to find like-minded traders, to build future friendships, and to have people to discuss trading with in order to benefit from one another in order to maximize profits and stay out of the market when conditions are not favorable.

The Unfavorable Truth About Financial Markets
The imbalance of supply and demand drives markets. The markets do not move because oil prices have reached a new high, the United States has entered a war, or a corruption scandal in one country has affected its currency. No, the fundamental, political, and economic news you're hearing and reading about is simply an excuse for the big boys (Smart Money) to accumulate (buy) or distribute (sell) large blocks of stocks (or currencies) when demand or supply is abnormally high. Examine major news events for a currency pair and ask yourself, "The USD had VERY good news this week, but how did the market turn bearish as a result?" The answer is simple: the big boys (Smart Money) bought a lot at the bottom and now needed to liquidate their holdings. When will they find buyers for their holdings without undervaluing them in their own interest? Well, during good news!

What are the advantages of market manipulation for me?
When trading, most new traders employ moving averages, fibonaccis, structure (support/resistance levels), or trend lines. Patterns and harmonics are used by some. I'm not criticizing any of your methods, but what if you increased the volume? What if you traded when you KNEW sellers were gaining ground on buyers, or when buyers were gaining ground on sellers? Is there a way to find out? Yes, by utilizing volume and the forces of supply and demand. Supply and demand imbalances move all markets. All you have to do is figure out how to read it correctly.
I don't trade with any of the aforementioned indicators or patterns. Never! I sell when I see the smart money selling (when the market is weak) and buy when I see the smart money buying (when the market is strong) (the market is strong). The money of the average joe trading CFDs on his local broker does not move the markets; it is institutional money that does.
Follow this thread and I'll shed some light on market movement, supply and demand, and how to identify strong and weak markets and use them to your advantage to make money.

In the coming weeks, I'll post explanations, theories, research, pictures, trade examples, and much more in this thread.
I'm looking forward to meeting a lot of new people in here!
If you're new to the concept of volume, VSA, or Wyckoff, I highly recommend starting with Tom Williams' book Mastering the Markets. It is a free book that can be found by simply googling the title. The book will eventually try to persuade you to purchase the Tradeguider software, which I can assure you is a complete waste of money. Follow me in my thread and you can decide whether or not what I have to say is worth your time.

[ZariaPr3tty 58]

THE MOST INFORMATIVE POST ON FINANCEHEAVEN... AT LAST, SOMEONE WHO KNOWS WHAT HE'S TALKING ABOUT.

The problem is that people still don't get it, and I'm sure this thread won't receive many responses. They just don't get it... and go on with their Ma's and pivots and so on.

Thank you for a fantastic thread that tells the TRUTH about how the markets and, more importantly, LIFE work.

[AniyaHopper 18]

Subbed. Looking forward to reading. Thank you

[MicrosoftStupiddo 52]

Let's begin this post with some homework. Examine the three pairs.

EURUSD \sGBPUSD \sUSDCHF
Make use of a one-hour chart.
Make use of a bar chart with HLC bars. (This isn't required, but it may give you a visual advantage.)
Examine the volume on the London Open Candle/Bar. Examine the closing price; if it's an up-bar/bull-candle, does it end in the middle or low? Does a down-bar/bear-candle close in the middle or high? Examine the reactions; does it result in higher or lower prices? What is its reaction? When this happens, where is the price? Is price approaching a previous top or bottom?

Do the EXACT SAME THING for the open Candle/Bar in New York.

Make a list of any connections you find or discover. Please share your thoughts and observations. Examine the last 30 sessions to see if you can find anything that piques your interest.

Write down all of your questions and observations, and then respond to them in this thread.

The reason for this "homework" will be revealed later; all good things take time!

[CrispyWings 51]

Subscribed It appears that I can learn a lot from you.

[ReatrdGeam 54]

I started with VSA as well, but I've been a pure Wyckoffian for about three years now. I'm interested to see where you take this thread. Subscribed

[MissCrystal 40]

Subscribed

 

 

 

 

 

 

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[ZariaRobo 7]

The foreign exchange market has no real volume.
VSA and Wyckoff aren't any better than fancy indicators, and they both have the same issue: they don't work when you start trading with them forward (Backtesting paradox).
You are correct about supply and demand (not those stupid rectangles people draw without knowing what they are doing), but you are incorrect about commodities.
What exactly is Forex? It's called the Foreign EXCHANGE Market....EXCHANGE... get it?
Big boys don't care about those stupid charts; when they need to exchange money, they simply do so... EXCHANGE, not TRADE... Get it?
Your first post appears to be advertising...
Don't be surprised if you find yourself in the commercial section.

[ScratchySlap 39]

Hello, I'm also using supply and demand methodology and am curious about the integration with volume and Wyckoff theories.
Thanks

[badshart 24]

Very good introduction and first posts.
Perhaps with a better understanding of how to read Volume I can keep trades open for a little longer and earn more pips.
Intresting..

Best wishes on your thread.

Subscribed.