Sunteți pe pagina 1din 31

The ABCs of VSA:

Trade Set Ups

By Lauren Snedeker
OBJECTIVES
Ways to search for Trade Set Ups
Reading beyond the individual bars
Understanding the whole picture
Beware of the News
Where to Begin?
1. You can do a manual search

2. You can look at your multi timeframe scanner

3. You can scan for indicators


#1: Manual Search
B

C
A
Steps for Manual Search
1. Determine the overall trend: looking for SOS
in a downtrend, SOW in an uptrend

2. Click on the indicators

3. Read the dialogue boxes see if signal is


confirmed by the next bar
Manual Search Contd
4. Scan the Sequence Set up Guide to find a
possible set up

Sequence 2
SOW 26 Supply Coming In
SOW 7 Supply Coming In
SOW146 No Demand
Look to see if smaller timeframes have
the same signals
Do you see the Rule of Three?

30 min

15
minute 1 Hour
#2: Create a Watch List
You can create a watch list for one
or more symbols

You can put many timeframes into


your watch list

Hover over for repeat indicators

Fast way to confirm overall trend


#3: Indicator Scan
Why an Indicator Scan?
Choose for a Symbol or a Watch List

Choose the # of Bars

Quickly check out what the signals are across


all timeframes look for clusters
Emini 1H: Supply Coming In
B

C
A
Supply Coming In
Up Bar
High Close
High Volume = selling present
Ultra High Volume = climactic action, start of
distribution/selling phase
Background: if SOW = stronger signal
Future: look for UpThrusts or No Demands
Emini 30m: Supply Coming In
Check for the Why
If you see ultra high volume
If you see massive wide spread bars
Something triggered that activity
News

Event!!
Emini 15m
Bar A: Supply Coming In
Up Bar
High Close
Ultra High Volume = Distribution
Massive Wide Spread = Climactic Action

Background = I have two SOW


SOW #1 = Supply Coming In
SOW #2 = No Demand
Future = Look for more SOW to confirm

Next bar is up weakness is not


confirmed
Look for it to whipsaw or continue to
rise
Bar A: Supply Coming In
Up Bar
High Close
Ultra High Volume = climactic action, start of
distribution/selling phase
Background: if SOW = stronger signal
Future: look for UpThrusts or No Demands
Bar B = End of a Rising Market
Up Bar
Narrow Spread
High Volume
High Close

Fresh New High Ground look carefully

Background MUST MUST MUST have a


SUBSTANTIAL up move (the Supply Coming
In)

The News will be Good


Bar B = End of a Rising Market
What to expect:
Declining Prices

Caution/Beware:
Down bars w/High Volume Closing Low
& Next Bar Up = potential strength
****** I have that!
Expect Future Testing

**** This weakness will not suddenly


disappear just a waiting period
I might have Sequence 5
End of a Rising Market
UpThrust
No Demand

With weakness behind me, good news, 30M


and 1H confirms trend and weakness
Bar C = Reversal After Effort to Rise
Based on the action of 2bars
1st Bar Up, High Close
2nd Bar Down, takes out gain
AKA a Top Reversal

Strong signal Because:


Higher volume on 1st Bar
1st Bar is into fresh new high
ground
The high of the 2nd bar is
higher than the close of the
1st bar

Background = SOW (B&A)


Bar C = Reversal After Effort to Rise

There has been an


effort to rise with the
increase volume in
the 1st bar but with
the next bar down it
shows supply or
selling has
disappeared

Look for No Demand


Bar D = No Demand
Narrow Spead
High Close
Lower volume than
previous 2 bars
Weakness in Background

Next Bar Down

In an Uptrend = a pause or
small decline
Why you hate to wait
You are trading on what you WANT to happen
You get emotionally involved
Its exciting to see so much volume
Its GREAT NEWS
Why you have to wait to short
You are in an uptrend
All your diamonds are green
There is testing within 5 bars after SOW
Smaller timeframes never turn red (3 or 5)
The Trend is your Friend
Caution Tape
Be a Trend Trader

Be cautious of Trading the News

The Sequences are there to build a


case for you
They are analyzing the market not
telling you to buy or sell

Be Patient and wait to see what is


there not what you want to be there
#3: Days End Indicator Scan
Cyber Specials
Own TradeGuider RT for $999.95!!!!
www.tradeguider.com/rt

Own TradeGuider EOD for $499.95!!!


www.tradeguider.com/eod
How to Reach Me:
Call me: 312-373-6294 (direct)
Toll Free: 855-TGuider

Email me: laurens@tradeguider.com

Skype me: lauren13sned

Facebook & Twitter Pages: Lauren Snedeker

S-ar putea să vă placă și