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Analysis · Core worksheet

VSA Evidence Ledger

A structured ledger for recording each piece of evidence for strength, weakness, neutrality and conflict before forming a scenario.

A structured ledger for recording each piece of evidence for strength, weakness, neutrality and conflict before forming a scenario.

CategoryAnalysis
LevelCore
Use typeProcess control
Signal statusNot a signal

Use note

This worksheet is an educational process-control template. It does not produce signals, recommendations or guaranteed outcomes. Record real decisions honestly; do not rewrite the journal after the result is known.

Purpose

To prevent one attractive bar from dominating the whole decision. The ledger weights background, effort, result, location and follow-through separately.

Best used when

  • Before any trade plan
  • During replay study
  • When evidence is mixed
  • When reviewing a failed interpretation

Core fields

  • Evidence item
  • Strength / weakness / neutral
  • Context location
  • Effort reading
  • Result reading
  • Follow-through
  • Confidence weight
  • Reason for weight

Worksheet checklist

Questions to answer before the decision is accepted

Workflow

Step-by-step use

  1. 1

    List every relevant clue without interpretation.

  2. 2

    Classify each clue as strength, weakness, neutral or conflict.

  3. 3

    Assign a low/medium/high evidence weight.

  4. 4

    Remove duplicate evidence that says the same thing twice.

  5. 5

    Write the net read only after the ledger is complete.

Scoring rubric

  • 5 = balanced ledger with conflict and weight
  • 3 = evidence list but weak weighting
  • 1 = only confirms the preferred view

Red flags

  • Double-counting the same bar
  • Treating low volume as bullish or bearish without context
  • Letting the final outcome change the original ledger
  • Ignoring failed confirmation

Practice task

Use the ledger on five old chart segments. Hide the future and decide whether evidence is strong enough or still mixed.

Printable worksheet

Use this area for your own notes

Source notes

These sources inform the vocabulary, process framing, and risk discipline. The worksheet itself is an educational journaling tool, not financial advice.