vsa with Malcolm | Page 1433 | 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

  • #28,641
  • Jul 14, 2017 2:12am Jul 14, 2017 2:12am
Quoting Vcv13
the week so far {image} {image}
& what a week

Attached Image (click to enlarge)
Click to Enlarge Name: tday.jpg Size: 150 KB
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #28,642
  • Jul 14, 2017 6:22am Jul 14, 2017 6:22am
Quoting Autrader
Vsa trading station ... I am sniffing any vsa setup from here! Just wanted to share it. {image}
You like to watch porn on the side or why else are the switched off monitors standing like this
  • #28,643
  • Jul 14, 2017 9:30am Jul 14, 2017 9:30am
Hopefully no one was short here.

I'm a trend line trader, and bullish until 1.133x is broken an retested, it might be messy for another few days. I was really waiting for another move down to 1.133x for a long but with the volume on 13 July I took it. But I'm prepared that I might have to make 2 or 3 more longs before I can get a trade to stick.

July 5th really was the ideal day to find a long position but I was on vacation and not even thinking about forex.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 45 KB
  • #28,644
  • Jul 14, 2017 9:47am Jul 14, 2017 9:47am
Quoting Devnon
Hopefully no one was short here. I'm a trend line trader, and bullish until 1.133x is broken an retested, it might be messy for another few days. I was really waiting for another move down to 1.133x for a long but with the volume on 13 July I took it. {image}
Your long on eu from yesterday worked out. Price took off after the news. Congrats.
  • #28,645
  • Jul 15, 2017 12:39am Jul 15, 2017 12:39am
Quoting Devnon
{quote} Would you consider the trend down on daily? Hulls is red. Or does the trend have to be down on the entry TF as well? {image}
All depends if you are swinf or day trading ...

down trend on daily and 4 hour with an entry on a 4 hour would be ok

For me I day trade, so I look for trend on 60 min and down
Blogging daily now at www.volume.zone
  • #28,646
  • Jul 15, 2017 12:43am Jul 15, 2017 12:43am
Quoting pooh123
{quote} Devnon, I understand your rational for taking the trade. A setup like this works very well with stocks. However, with forex it's more complicated than that. VSA still works with forex. It's just more complicated. Attached is a 1 hour chart of euro futures. It's almost identical to forex chart of eurusd except that it shows real volume instead of tick volume. On this chart the 1st arrow bar had the highest volume of the day. It closed off the high, showing selling pressure. The 2nd arrow bar had the highest volume of the next day and it's...
'[/b]

We saw my post Thursday with buyers coming in on Euro on a 30 min , this area was tested and then she took off to the upside.
Blogging daily now at www.volume.zone
  • #28,647
  • Jul 15, 2017 12:49am Jul 15, 2017 12:49am
DAX 60 min

Broke down through the open range low ( red line) , demand came in and closed on the open range high (uper red line)

Based on the demand we saw on the down move Friday I will be looking for a breakout of the open range high on Monday and a vsa reason for entry ( tests or stopping volumes on down waves in the up move)
Attached Image (click to enlarge)
Click to Enlarge Name: GER30-SEP17H1.png Size: 61 KB
Blogging daily now at www.volume.zone
  • #28,648
  • Jul 15, 2017 12:53am Jul 15, 2017 12:53am
Quoting malcolmb14
Gold We saw an up move into 1227 yesterday hit by supply .. the lower of the red lines is today's open range low 1222 area . We just saw volume vanish on two 15 min up bars just above the open range low. Expecting move to down side with days low around 1210.. lets see how this unfolds {image}
so how did this one play out ?

The price dropped as expected... but not to my target ( I use trailing stops).

When you see ultra high volumes on down moves move the trialing stop in tight.

I did not trade yesterday so missed the up move.
Attached Image (click to enlarge)
Click to Enlarge Name: GOLDM30.png Size: 109 KB
Blogging daily now at www.volume.zone
  • #28,649
  • Jul 15, 2017 2:12am Jul 15, 2017 2:12am
Quoting malcolmb14
DAX 60 min Broke down through the open range low ( red line) , demand came in and closed on the open range high (uper red line) Based on the demand we saw on the down move Friday I will be looking for a breakout of the open range high on Monday and a vsa reason for entry ( tests or stopping volumes on down waves in the up move) {image}
Thanks. Would like you to post more on DAX. It's a different animal than forex.
  • #28,650
  • Jul 15, 2017 10:24pm Jul 15, 2017 10:24pm
Quoting pooh123
{quote} Thanks. Would like you to post more on DAX. It's a different animal than forex.
Pooh

Its the GBPJPY of the futures world with a daily ATR of about 150 points.

I will makes some posts on Monday about how to trade it using open range and VSA , and provide some estimate of daily targets based on which way she moves. ... hopefully the trades can be posted as they unfold.
Blogging daily now at www.volume.zone
  • #28,651
  • Jul 17, 2017 12:33am Jul 17, 2017 12:33am
First chart for dax .... 4 hour showing support and resistance

The current days ATR is 145

Will provide update as market opens. i do not trade DAX until 30 minutes after German market open

" The L-DAX Index basis is the "floor" trade (Parketthandel) at the Frankfurt stock exchange; it is computed daily between 09:00 and 17:45 Hours CET.". The market open is 11 am Dubai time , meaning I do not start trading until 11:30 my time

The trend indicator is UP on 4 hour time frame and down meaning I can ONLY trade breaks of the open range to the upside.

IF the market moves down i cannot trade until at least the 60 min , 30 min , 15 min time frames align in a trend to the down side. This keep me out of a sideways choppy market.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30-SEP17H4.png Size: 45 KB
Blogging daily now at www.volume.zone
  • #28,652
  • Jul 17, 2017 1:11am Jul 17, 2017 1:11am
I will also try and give updates on euro so that we can see how FX can be traded using vsa and open range.

As we know Asia and Frankie can be used to manipulate prices ... for day trading place high and low of the first 30 minutes of London on the charts.

Euro is in a very interesting resistance area on the charts that could lead to an explosive move if "they" try and move it up and lock in sellers.
Blogging daily now at www.volume.zone
  • #28,653
  • Jul 17, 2017 2:11am Jul 17, 2017 2:11am
Quoting malcolmb14
Euro is in a very interesting resistance area on the charts that could lead to an explosive move if "they" try and move it up and lock in sellers.
I hope so.

Euro really feels like they are leading the herd to the slaughter house. We are back at the top from last summer in 2016, plus the 2 bar reversal from last week to get people to go short.

I'd like to add some more longs if the push price up and come back to retest the 2 bar reversal.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 40 KB
  • #28,654
  • Jul 17, 2017 2:33am Jul 17, 2017 2:33am
EURO OPEN RANGE

30 min down trend is down so will be looking for weakness on up moves for break of the OR low and move into 1,4010 area
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 34 KB
Blogging daily now at www.volume.zone
  • #28,655
  • Jul 17, 2017 2:48am Jul 17, 2017 2:48am
so now we have a 15 min close under the OR low .... waiting for up move and sow for a sell .... even if I only have a 20 pip range from the sell trigger and the support i will take it
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 34 KB
Blogging daily now at www.volume.zone
  • #28,656
  • Jul 17, 2017 2:51am Jul 17, 2017 2:51am
DAX 15

We tried to break out of the open rnage low .. 15 min trend is down BUT all other time frames are UP ... so this is a no trade for me right now.

We have ultra high volume down bar at 1 at the OR low
We have attempt to penetrate the low of this bar at 2 BUT the bar at ! is most likely strength coming into the market .

I am not in a trade yet
Attached Image (click to enlarge)
Click to Enlarge Name: GER30-SEP17M15.png Size: 32 KB
Blogging daily now at www.volume.zone
  • #28,657
  • Jul 17, 2017 3:23am Jul 17, 2017 3:23am
euro broke through the OR low, however went back into the open range on a LOW volume up bar at 1 ... placed a sell stop under the low volume bar .... stop tight tp 25 pip

NORMALLY when you see a price try and break open rnage low and then move back into the open range its a bulish move..... hence the sell stop.

There is news in 30 min and if the sell stop is not triggered I will remove it.

Trend is down on 60 min and down , and price is below the open range high therefore i cannot buy
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 35 KB
Blogging daily now at www.volume.zone
  • #28,658
  • Jul 17, 2017 3:55am Jul 17, 2017 3:55am
POSITION ON THIS PAIR REVISED

 

  1. We had potential stopping volume at 1
  2. Price dropped under the OR low then came back into the open range,which is a little bullish
  3. Now price is above the potential stopping volume at 1 , I have entered a buy , stop is 10 pip for 50 pip target
  4. The trade does not strictly meet my requirement to be in a trend form 60 min time frames and down


Days low is 1433 , daily ATR is 80 .... potential for days high at 1500

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 35 KB
Blogging daily now at www.volume.zone
  • #28,659
  • Jul 17, 2017 4:06am Jul 17, 2017 4:06am
dax the beast

It broke OR low but did not give me an entry today that I liked ....thats 150 pip move ...
Attached Image (click to enlarge)
Click to Enlarge Name: GER30-SEP17M15.png Size: 34 KB
Blogging daily now at www.volume.zone
  • #28,660
  • Jul 17, 2017 4:42am Jul 17, 2017 4:42am
Quoting malcolmb14
dax the beast It broke OR low but did not give me an entry today that I liked ....thats 150 pip move ... {image}
I didn't take the trade but on m5 there's a nice ND bar (not marked by TG) that could serve as a signal bar for the short.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX717.JPG Size: 108 KB
17 traders viewing now