vsa with Malcolm | Page 1582 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

VSA-divergence trading 187 replies

How to Blow $200 account using VSA--- 594 replies

VSA Journal 57 replies

VSA broker history change datas 11 replies

Attachments: vsa with Malcolm
Exit Attachments

vsa with Malcolm

  • #31,621
  • Jan 5, 2018 5:00am Jan 5, 2018 5:00am
Quoting Vcv13
{quote} Hi HG, the following bar to one you marked as BO with absorption is an hidden upthrust, & this upthrust is followed by a ND, in realtime shouldn't you be wary about this lil sequence here. Where was your trade entry on this chart if you could show us. Or after this BO would you look for entries on lower TF? thanks {image}
i'm not the HG, but that ND was not confirmed, and you had several confirmed NS in the area of HVC, as a result from my analysis you dont pay attention to such ND.
The more you learn the more you earn
  • #31,622
  • Jan 5, 2018 5:07am Jan 5, 2018 5:07am
Quoting rbumbalough
From 'The Trend Is Your Friend until it's not.' department: AUDUSD long on low vol up close over trigger line of dip congestion reversal bars. (Fun while it lasted. Stopped out at break even.) {image}
was also in the same trade. it had beautiful rejection with the higher volume in the same area where was yesterdays HVC and if you look where price went > it find resistance in the area of todays HVC.
thinking about another possible entry.
The more you learn the more you earn
  • #31,623
  • Jan 5, 2018 11:30am Jan 5, 2018 11:30am
Eh.
Another strategy i just developed for EU shows bad results for GU (backtests). It's make me sad. Is it right thoughts, that if same rules unsuitable for GU, so stratgy is bad? Cuz i can't trade it only at EU, knowing that it doesn't work at another pairs. But really tired to see how rules do nice for 4-5 month of backtesting for one pair, and then awful for another.
Would appreciate any thoughts
  • #31,624
  • Jan 5, 2018 12:13pm Jan 5, 2018 12:13pm
Quoting LuckyMind
Eh. Another strategy i just developed for EU shows bad results for GU (backtests). It's make me sad. Is it right thoughts, that if same rules unsuitable for GU, so stratgy is bad? Cuz i can't trade it only at EU, knowing that it doesn't work at another pairs. But really tired to see how rules do nice for 4-5 month of backtesting for one pair, and then awful for another. Would appreciate any thoughts
i think if it works on one pair than stick to it. some strategies work for multiple pairs, but some only for some specific ones. i know plenty of traders who trade only one asset as they have backtested it so many years and they know dynamics of that asset. and they don't need nothing more. personally i look at 12-14 assets, but can tell i have preference for some of them more than other ones as dynamics and structure differ from each other.
The more you learn the more you earn
  • #31,625
  • Jan 5, 2018 2:50pm Jan 5, 2018 2:50pm
Quoting Autrader
{quote} Thanks it was with the heart. PPL nowadays says trading is easy and is not hell easy, is hard. And people need to understand and prepare for this journey, which is one of the most complex things in the world. Keep it up. Happy trading week.
Trading is easy for me now; after 10,000 hours of hard work (3 years), and it was so difficult then.

A doctor can diagnose your sickness with ease; and can fix your limb in a couple of hours; but it took him few years of study and learning on the job to get there.

don't fool yoursel into thinking trading is easy. It is not!!!

moreover; markets regime changes a lot from time to time; and you need to keep up todate and adapt. Even doctors have to keep up to date.
  • #31,626
  • Jan 5, 2018 3:00pm Jan 5, 2018 3:00pm
Guys if you are still lacking of profitability try stick with only one thing, trade 1 product, trade less setups, start make money with one then move on and add another to your portfolio, it will help you to understand it. It is worthless if you “trade” many things but at the end of the day you are in red .

Make money with one thing, see if you can then move on to the next. It’s my 2 cents
Know yourself before fight with the market.
  • #31,627
  • Jan 5, 2018 3:33pm Jan 5, 2018 3:33pm
Quoting alphadude
{quote} Trading is easy for me now; after 10,000 hours of hard work (3 years), and it was so difficult then. A doctor can diagnose your sickness with ease; and can fix your limb in a couple of hours; but it took him few years of study and learning on the job to get there. don't fool yoursel into thinking trading is easy. It is not!!! moreover; markets regime changes a lot from time to time; and you need to keep up todate and adapt. Even doctors have to keep up to date.
you is crazy son..
  • #31,628
  • Jan 5, 2018 6:31pm Jan 5, 2018 6:31pm
Interesting day. I now would appear that the market is weak.

VSA and the SHARP SHOOTER strategy were on point today (sort of). But let us not forget that being out of the market, is a trading decision too.

Take a look at the chart below.

We start with the Ultra High Volume Up news bar that closed well off its high (with the next interval Down). This is a clear Sign of Weakness (SOW). Call it Supply Coming In or Supply Swamping Demand, or whatever. Just know that it is weakness from a VSA perspective. As we always do, we want to place a Trigger Line (or Number) at the low of this bar. We are looking for price to trade below the line and then pull back towards it on a Sign of Weakness (SOW).

#1: Up Thrust. Price traded down below the Trigger Line and then pulled back up with a Sign of Weakness. BINGO. Or is it? No. We can see another Trigger Line in green. This is the Trigger Line from yesterday which was used to get us long. We can also see that price probed below it but was rejected. This is resistance now acting as support. Therefore, getting short here is getting short right into a known area of support. Which is usually not an ideal situation. This can be seen with VSA alone. But if you are looking at OrderFlow, and AGGRESSION bars in particular, you see that a Level 2 STRONG Buying Aggression bar moves us back above the support line.

#1': This is essentially the same as #1. However, at this time, we have now seen price trade again below the Trigger Line and create a Two Bar Reversal (#2). Again, we only need VSA to know we are shorting into support here. It is telling that price tried to trade below the support line on Level 1 MODERATE Selling Aggression. Typically, we like to see support or resistance broken on STRONG or EXTREME Aggression.

#2: Two Bar Reversal. Should we be getting long? No. Price below the Cycle of Time Line, and Chart Modes I & II are red. Moreover, we would now be getting long into resistance.

#3: This is a Test on a Support line. Very bullish signal. But not here. If you buy support and sell resistance in a balanced market, that is one thing. But for the trend trader, this is not a long signal. What it does is further establish the strength of the support line.

#4: Beautiful No Demand bar. This is an incredible SHARP SHOOTER entry signal. Unfortunately for me, it is on the wrong side of the Cycle of Time line. And once again, it is only good if you want to trade from resistance to support in a non-trending (balanced) market.

This was really a day to sit on the sidelines and watch. Being out of the market IS a trading decision.
Attached Image (click to enlarge)
Click to Enlarge Name: PaintBars 12.jpg Size: 382 KB
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #31,629
  • Jan 5, 2018 7:35pm Jan 5, 2018 7:35pm
Quoting Vcv13
{quote} Hi HG, the following bar to one you marked as BO with absorption is an hidden upthrust, & this upthrust is followed by a ND, in realtime shouldn't you be wary about this lil sequence here. Where was your trade entry on this chart if you could show us. Or after this BO would you look for entries on lower TF? thanks {image}
Hello VCV13.

The bar you termed a No Demand, I would term a Hidden Test. As I have previous said, one wants to see the high volume Up bar tested within 1-5 intervals if it is strength rather than weakness. That is why I said you would not know it is absorption until two intervals later. To be honest, this is not a text book entry. Although it makes a lower low than the previous interval, it does not "pull back" that much (if at all).

The best entry is pretty subtle. I have placed an arrow pointing to the entry. Price moves above the Trigger Line and then the next bar is a Down bar on volume less than the previous two intervals. And it trades down below the line before closing above it. Subtle, yes. But a clear test at the same time.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #31,630
  • Jan 6, 2018 8:01am Jan 6, 2018 8:01am
Quoting LuckyMind
Eh. Another strategy i just developed for EU shows bad results for GU (backtests). It's make me sad. Is it right thoughts, that if same rules unsuitable for GU, so stratgy is bad? Cuz i can't trade it only at EU, knowing that it doesn't work at another pairs. But really tired to see how rules do nice for 4-5 month of backtesting for one pair, and then awful for another. Would appreciate any thoughts
Hi LM, it is normal for a strategy to only work for a pair but not the other.

It is also good to have a holy grail strategy that works for all pairs. It rarely occurs.

Hint: counter trend strategies work well on EURUSD; and momentum strategies work better on commodity currencies.
  • #31,631
  • Jan 6, 2018 10:05am Jan 6, 2018 10:05am
Thank you for yours advice.
So ill stick to EU for some time and will see how it works
  • #31,632
  • Jan 7, 2018 3:28am Jan 7, 2018 3:28am
For the AMP Futures MT5 demo account, the data feed comes from CQG. Do they only allow limited number of accounts per email address ? I ask this question because CQG only allow two demo accounts per email address for data feed to Ninjatrader. After those two demo account expire you are not allowed to apply for a third. Does anyone know the case with AMP's CQG data feed ?
  • #31,633
  • Jan 7, 2018 5:01am Jan 7, 2018 5:01am
Quoting pooh123
For the AMP Futures MT5 demo account, the data feed comes from CQG. Do they only allow limited number of accounts per email address ? I ask this question because CQG only allow two demo accounts per email address for data feed to Ninjatrader. After those two demo account expire you are not allowed to apply for a third. Does anyone know the case with AMP's CQG data feed ?
Just change email adress and connect to different IP address, as they check your ip as well. You can use your phone as hotspot, it will had dynamic IP address (changes automatically once in a couple of days), but they can deny log in when the IP is different than with that you registered, then send them email (it’s only for demo users). If you don’t want use phone then buy usb flash internet, but it will also have dynamic ip or pay additional cost and it will have fixed ip.
This is for couple of futures platforms, but i think it applies to all futures demo accounts, as the feed is quite high. For example, you will not get CME data feed for less than 100$ a month. Unless you trade quite a lot in some of their futures platforms.
The more you learn the more you earn
  • #31,634
  • Jan 8, 2018 12:12am Jan 8, 2018 12:12am
Quoting freemind
{quote} i'm not the HG, but that ND was not confirmed, and you had several confirmed NS in the area of HVC, as a result from my analysis you dont pay attention to such ND.

yes you are right about the confirmation part, but an up bar makin a higher high with decreased volume & spread especially when after you see some selling (hidden upthrust), no I'm not ignoring, no siree
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #31,635
  • Jan 8, 2018 3:02am Jan 8, 2018 3:02am
Quoting HiddenGap
{quote} Awesome entry my friend. Unfortunately, I would have to wait for more evidence before I could enter. First, I would need to see Chart Modes I & II turn green. Second, I would need for price to move above the Cycle of Time line. Then I could start looking for entry signals. E1 thru E5 would be valid entry points for me. {image}

this is by far HiddenGap's best post in this thread
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #31,636
  • Jan 8, 2018 3:23am Jan 8, 2018 3:23am
Quoting Vcv13
{quote} this is by far HiddenGap's best post in this thread
Well, I think this one is HiddenGap's best post, and probably one of the best posts at Forex Factory: https://www.forexfactory.com/showthr...7#post10645557
  • #31,637
  • Jan 8, 2018 9:59am Jan 8, 2018 9:59am
Quoting Vcv13
{quote} this is by far HiddenGap's best post in this thread
I can't believe that 2 people down voted his post.
  • #31,638
  • Jan 8, 2018 10:24am Jan 8, 2018 10:24am
Quoting albern
{quote} I can't believe that 2 people down voted his post.
Hater's going to hate.

Especially when the down-voters get to live with complete anonymity. Why FF allows you to see who gave the thumbs-up but not who gave the thumbs-down is crazy.

Come on Twee let's have full transparency both ways.

To each their own and if you really don't like someone's post (that's allowed we don't all have to agree) and want to in turn give it a thumbs down so be it. But why have that fact hidden?
Today's zone = Tomorrow's opportunity!
  • #31,639
  • Jan 8, 2018 1:36pm Jan 8, 2018 1:36pm
Quoting pres78
{quote} Hater's going to hate. Especially when the down-voters get to live with complete anonymity. Why FF allows you to see who gave the thumbs-up but not who gave the thumbs-down is crazy. Come on Twee let's have full transparency both ways. To each their own and if you really don't like someone's post (that's allowed we don't all have to agree) and want to in turn give it a thumbs down so be it. But why have that fact hidden?
I totally agree with you!
But if you subscribe to some of the FF members, you get emails of their activity.
Even the posts that they have disliked
Attached Image (click to enlarge)
Click to Enlarge Name: 53860145-76C4-41D6-8ABC-2EAA82C3734D.png Size: 117 KB
The more you learn the more you earn
  • #31,640
  • Jan 8, 2018 2:28pm Jan 8, 2018 2:28pm
Quoting freemind
{quote} I totally agree with you! But if you subscribe to some of the FF members, you get emails of their activity. Even the posts that they have disliked {image}
That's hilarious. I was clicking frantically trying to open the list of people who disliked that post to see if it could be done and lo and behold I ended up not liking it... I quickly undid it though!
Today's zone = Tomorrow's opportunity!
8 traders viewing now