Nice HG! Thank you for that post.
Donnie
Donnie
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DislikedThe truth and the irony is that there are a million ways to make money in the markets, the hard part is finding one.
The value of climatic action candles. Climatic action candles are the place to begin any analysis.
...the best place to start looking for entries into the market, is going to be either a climatic action candle or an ultra high volume candle. Most of the time they will be the same candle
"So by simple observation of the spread (range) of the bar, we can read the sentiment of the market-makers; the opinion of those who can see...Ignored
DislikedI realize this thread could be entitled Malcolmb's minions, but I'd like to make a post anyway . The truth and the irony is that there are a million ways to make money in the markets, the hard part is finding one.
There's a lot I could talk about, but I think I will just focus on our Better Volume indicator (I hate that word). I know, Better Volume is not technically VSA. Skip to the next post if you are bothered by that fact. On the other hand, if you are about reading price & volume Better Volume is an invaluable tool totally consistent with...Ignored
Disliked@ HG and anyone else who knows the answer!!!
In the chart below, is there any significance in the 1st blue box above the 2 bar shake out?
Also how about a long entry on breaking the top of the bar in the 2nd box and same for the 3rd box (but only after seeing the next bar form into a shake out).
The 1st box is the important question.
Many thanksIgnored
DislikedI am using the _RANGE_TRADER_9.08 Labaise53 as found somewhere on this thread. I think it was posted by Polomine (thanks btw).
It works great except I can't get the 'Timeshift' to work. I want it to start at +7 hours but no matter what figure I enter in that field, the ATR remains the same (therefore, the start point hasn't changed).
Firstly, am I reading that field correctly......does it do what I think it does?
Secondly, can anyone help please.Ignored
DislikedHi All,
I have sat around all day and gone through the boot camp CDs posted here and I have gone back over the charts for comparison setups and results.
I have been trading with volume for a long time but somewhat differently. To be honest some of this stuff does not ring right to me.
I would really like some real world feedback on how you guys are going with this? Is it possible this method of trading is not as reliable in forex as it may be in other markets?
Feel free to beat me over the head for my comments!
Since I am not part of the herd...Ignored
QuoteDislikedIf we see an up move on regular volume in a 30 min time frame (like a 120 pip up move) and then a 20 pip wide candle on really high volume at prior resistance ( do not worry about names etc but understand what it means) this mean there is more than usual activity at this price point and a very low range. If the next 30 min candle is down and breaks the low of the high volume candle we can assume that the volume was sellers.
DislikedIntel.
I'm not sure what you are asking here. The bar prior to the two bar shake out is a down bar on decreasing volume. The market gaps up and creates a wide spread up bar. The wide spread bar trades higher than what appears to be a reaction high (red bar 2 before the blue box) and this reaction high is a bit of an up thrust. That fact, if correct however, is not a VSA entry.
There are two ways VSA gets you in:
1. If you see the two bar shake out, which I would actually call a two bar reversal. This is aggressive and it helps to "know where...Ignored
DislikedHello Intel,
It was wh1zz0 who posted it. I have checked its source codes. Yes, that parameter does not do what you want it to do. It calculates the adr just base on the daily range in the daily chart, so the start of the daily session is fixed and dependent on the MT server. I think that parameter has impact on calculating the main moves. Hope it is of help.Ignored
DislikedThink of vsa like this ... in simple terms.
Forex volume is not real volume . It is amount of orders going thru in a certain amount of time.
In regards to making a few bucks teaching others I think you are talking about either the TG team or NYSE guy. TG is a business much like any others , what is easy try and trade every day hoping to beat the market or have a regular monthly source of revenue ? NYSE is a fool ...not sure if he got any better but last time i got banned from his thread he did not have a clue what he was talking about.Ignored
DislikedI must appologise for my post, I only supplied half the information and never explained myself well. In my defence I was VERY tired when I posted.
The missing chart is found below.
My main question (not very well asked or described) was about the 2 'gaps' found above the 2 bar reversal.
The action in the box is this:- a down bar on volume less than the previous 2 bars then gaps down to the 2 bar reversal and then gaps up at about the same place it gapped down, Into a climatic volume up bar.
This leads to a 100 pip up move in about 2 1/2...Ignored
DislikedForex Volume is not the amount of orders going through.. trust me on this.. it is the amount of times the price changed, that's all. When people know that, they can read the whole chart in a totally different light.
If the method is working, I would like to know so I was asking how you are all going on your live accounts?
Thanks for your efforts to reply, really appreciated!
cheers AIgnored
DislikedNot sure what you're asking as it's not really clear. But if you're referring to the area close to the first blue box in your posted chart, I would look at it simply as a spring board action directly from support (look back ~1.5140). A test on lower volume after high test indicates that prices are ready to rise immediately = successful test.Ignored