The exact opposite of an upthrust. The candle spikes below a major support level, trapping breakout shorters and sweeping liquidity, before closing high up on its range with strong volume. Effort vs. Result (The Ultimate Anomaly)
Available as a free PDF download from Trading Setups Review, this beginner-friendly guide explains VSA in intuitive terms and covers the No Demand bar and Stopping Volume patterns in detail. The guide answers fundamental questions including who invented VSA, why VSA works, and whether VSA works across all markets.
Every must contain a glossary of "No Supply" and "No Demand" signals. Here are the non-negotiable patterns.
Volume Spread Analysis (VSA) is a powerful methodology that decodes the activities of large institutional traders, often referred to as "Smart Money." By studying the relationship between volume, price spread, and closing price, VSA allows retail traders to align their accounts with market makers rather than trading against them. vsa trading strategy pdf
Signs of Weakness (SoW) reveal that professionals are selling or withholding buying support, leading to an oversupply. 1. The Buying Climax
Volume represents activity. In VSA, approximately , with the remaining 15% attributed to the public.
This 47-page PDF provides a practical, rule-based approach to VSA that is particularly accessible for traders who find the original Tom Williams text overwhelming. The document details the four market phases, explains each VSA signal with examples, and provides concrete trading rules. The exact opposite of an upthrust
Visual diagrams detailing Upthrusts, Springs, Effort vs. Result anomalies, and Climax candles.
VSA is built on three fundamental laws originally championed by Richard Wyckoff and later refined by Tom Williams.
The crypto space has embraced VSA enthusiastically. Major exchanges provide transparent volume data, and the market is heavily influenced by "whales" whose activity leaves clear footprints in the volume data. One VSA methodology document focused on crypto trading notes that VSA "identifies smart money activity, allowing traders to position themselves before major price movements occur". Result (The Ultimate Anomaly) Available as a free
A VSA signal is only as good as the market location (support/resistance) it appears in.
Place stops just below the low of a bullish setup bar or above the high of a bearish Upthrust.
[Phase 2: Markup] ----------> (Distribution Phase 3) / \ / \ (Accumulation Phase 1) <---------- [Phase 4: Markdown] Phase 1: Accumulation (Buying)
Do not short blindly. Look for the next 1–2 candles to print as a No Demand bar (a weak bullish candle with small spread and very low volume). This confirms professionals have completely abandoned the upward move.