Possibly some of the problems in quickly understanding all this, is that I am doing a bastardisation of both VSA and Wyckoff together (which is what I generally do in my analysis). In particular some of the terms used to describe the price action on the chart. As I mentioned near the beginning of this thread, although VSA is derived from the Wyckoff course, there are some subtle differences.
For instance, when I mention a 'test bar', which is derived from VSA, it refers to the actual bar itself testing for supply (testing for selling pressure).
But I also talk about levels (and lines) on the chart being 'tested', (which comes from Wyckoff), this is referring to price touching or challenging a particular line or level, to test the strength of the potential support or resistance.
So in a nutshell,
a VSA test bar is the shape of the individual bar and volume, and refers to the bar itself.
and in Wyckoff, when a support or resistance level is touched by price, it is said to be 'testing' the strength of the support or resistance (and on that touch of support or resistance, it doesn't matter what the bars shape or volume looks like, it is the action of price touching the support or resistance level that is being referred to).
does that make sense ??
Hopefully.......
cheers
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I am one of those people that tend to prefer to be quite operational in my area of expertise so to speak, didnt really read well that previous sentence, but I am sure you get the jist. Kind of weird re-learning and learning at the same time...just some random thoughts that I wanted to get off my chest....Just need to be mindful around my realistic expecations that it will take some time.....Not as smart as G2....by the way
