My VSA Notes

My VSA Notes

Trading in the Shadow of the Smart Money (Gavin Holmes) MAKE AN INE! AS "E## Chapter 1 - The meeting that changed my life 1.

All All fna fnanc ncia iall mark market ets s mov move e on on the the univ univer ersa sall law law o o Sup Suppl ply y and and Dema Demand nd.. 2. Wycko Wycko VSA pulls out the inormation inormation relatin relatin to supply and demand demand out o the price chart chart to ive clear sinals when the !i players "Smart #oney$ are very active or inactive% so you can trade in

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harmony with their moves. ' you you can can rea read d S()) S())* *+ and and D,#A D,#A-D -D !y !y rea readi din n vol volum ume% e% you you can can sep separ arat ate e your yourse sel l ro rom m the ,/ ,/D. D. 0. Accumulate most o the stocks stocks "Accumulation$% "Accumulation$% create hype hype !y pu!lishin !ullish news% raise prices "#ark (p$% and take profts !y sellin "#ark Down and Distri!ution$. 'n orde orderr to to cre creat ate e VSA VSA sot sotwa ware re%% om was was inter interes ested ted in only only & thin thins s33 Volume Volume "i.e.% Activity$ Spread "i.e.% the rane o price !ar$ 4lose "the point where the price closes in the current !ar$ $$$ $$$M%ST M%ST IM&%'TANT among the • • •

TH'EE$$$ TH'EE$$$ 5. 6711 6711 attac attack k e8am e8ample ple33 #arkets were closed or a week and news was flled with the idea that the market will crash. •

When the market opened% it did plummet and media sources were predictin an inevita!le •

!earish market. 'n reality% syndicate traders were !uyin rom the panickin sellers !ecause a !arain was to !e

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had. A truthul media would woul d have reported it like this3 9markets have reopened today and prices have allen rapidly as presidents have warned o urther attacks. his is havin a neative impact on stock prices even thouh on 1: th and 12th Septem!er 2::1% there was no chane in the position o companies so panic sellin seems somewhat i rrational. he ood news however is that we have direct contact with insiders and market specialists on various e8chane ;oors and they have told us that thei r traders are !usyin !uyin everythin that is !ein sold !y panick stricken ,/D. So% you will see in a week or two that the market is not !earish at all !ut !ullish and will rise rapidly as stocks and other instruments have passed rom "ea holders to Strong

holders. his will !e clear rom the massive volme to the downside . Note that the *ar has +losed in the middle, not on the low- this indi+ates that *ying mst *e taing .la+e and therefore, +ontrary to what the news is im.lying, .ri+es will go ., not •

down.<  his is an onoin process in varyin derees derees o intensity. intensity. , chart never lies i you learn to read it correctly.

Chapter 2 - The Game on Wall Street: Market Manipulation 1.