vsa with Malcolm | Page 1435 | 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

  • #28,681
  • Jul 17, 2017 8:23am Jul 17, 2017 8:23am
Quoting malcolmb14
GBP There is the test ... now lets see if this thing moves up now {image}
so lets discuss this 30 min

My buy is not really the correct set up
Short term Trend is down
Below open range low.
Supply seen entering the market

HOWEVER we have only moved 30 pip down below the OR low in several hours.... this is not a ton of selling pressure.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 39 KB
Blogging daily now at www.volume.zone
  • #28,682
  • Jul 17, 2017 8:39am Jul 17, 2017 8:39am
Looking to short GBPCAD testing old resistence in m15, with a few of ND bars, lets see if market takes it down.
Attached Image (click to enlarge)
Click to Enlarge Name: NO DEMAND GBPCAD.png Size: 186 KB
Know yourself before fight with the market.
  • #28,683
  • Jul 17, 2017 8:40am Jul 17, 2017 8:40am
Quoting malcolmb14
{quote} so lets discuss this 30 min My buy is not really the correct set up Short term Trend is down Below open range low. Supply seen entering the market HOWEVER we have only moved 30 pip down below the OR low in several hours.... this is not a ton of selling pressure. {image}
Right now a fierce battle between the bulls and bears is going on.
  • #28,684
  • Jul 17, 2017 8:50am Jul 17, 2017 8:50am
Quoting malcolmb14
{quote} HUH ????? How do you mean usd trending down .. GBP is being bought
Ye if gbp/usd is being bought/going up means the gbp is going up and usd is going down.. usd is trending down along others pairs as well, thats what I said
  • #28,685
  • Jul 17, 2017 8:54am Jul 17, 2017 8:54am
Confirmed and IN.

took some profits on it, letting run the other.
Attached Image (click to enlarge)
Click to Enlarge Name: NO DEMAND GBPCAD 23.png Size: 61 KB
Know yourself before fight with the market.
  • #28,686
  • Jul 17, 2017 8:55am Jul 17, 2017 8:55am
Quoting odines
{quote} Ye if gbp/usd is being bought/going up means the gbp is going up and usd is going down.. usd is trending down along others pairs as well, thats what I said

To be specific you meant USD is showing weakness. means it doesn't gather interest. So market is exchanging USD into her related pair.

Stay strong.
Zwara.
  • #28,687
  • Jul 17, 2017 8:57am Jul 17, 2017 8:57am
SL to BE.

Let it run.
Attached Image (click to enlarge)
Click to Enlarge Name: NO DEMAND GBPCAD 33.png Size: 79 KB
Know yourself before fight with the market.
  • #28,688
  • Jul 17, 2017 9:08am Jul 17, 2017 9:08am
At eu m5 ultra high volume appearred. Either absorption volume or buying climax. We'll see.
  • #28,689
  • Jul 17, 2017 9:19am Jul 17, 2017 9:19am
Quoting Autrader
SL to BE. Let it run. {image}
Wow nice trade there congrats, if you don't mind me asking what is that indicator signaling "arrows" up and down, is it identifying Ns/Nd candles?

and is it possible you can share?

thanks in advanced

Zwara
  • #28,690
  • Jul 17, 2017 9:31am Jul 17, 2017 9:31am
Quoting zwara
{quote} Wow nice trade there congrats, if you don't mind me asking what is that indicator signaling "arrows" up and down, is it identifying Ns/Nd candles? and is it possible you can share? thanks in advanced Zwara
Is not an indi, I draw it by hand.
Know yourself before fight with the market.
  • #28,691
  • Jul 17, 2017 9:43am Jul 17, 2017 9:43am
Great analysis and trading in here today , thanks guys

Malcom is that tradeguider for mt4 or a home made version? Hope you are coping with the super hot weather over there.
  • #28,692
  • Jul 17, 2017 9:54am Jul 17, 2017 9:54am
Quoting Autrader
{quote} Is not an indi, I draw it by hand.
hmm ok thanks

Zwara.
  • #28,693
  • Jul 17, 2017 10:17am Jul 17, 2017 10:17am
lets keep this thread live!!!
Know yourself before fight with the market.
  • #28,694
  • Jul 17, 2017 9:16pm Jul 17, 2017 9:16pm
New around here, still trying to wrap my head around these concepts. Recently started trading Futures using Volume Profile and the DOM. But something about the allure of spot FX. So, here I am, trying to learn the musings of VSA. I am not following VSA to the gospel, as from futures I have witnessed SM deceiving one another as well as the retail. Candles are just a snap shot in time, similar to showing a movie frame by frame. Hence I am now trying to see the movie by watching the frames with SM playing their little games in the background.

A –spike in volume, price refuses to rise shortly after, with volume relatively steady. Price here might interest others later on.
B-Decrease in price, Increase in volume.
C- London Close, volume dropping off.
D- Sideways market, on little volume, except for the occasional excitable candle.
E- Increased volume, candles showing wicks, shadows and minimal volume...


Was B and E accumulation or distribution?? Time will tell. Right now its just to watch, take notes and learn.

Thank you Hidden Gap, Malcom and Liam.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m15.png Size: 46 KB
  • #28,695
  • Jul 17, 2017 10:09pm Jul 17, 2017 10:09pm
Again, trying to create the movie frame by frame, So that I can understand what is happening when its happening. Sorry for the ramble.

A-Wide Spread Candle, Long Shadow and Extra Volume...Safe to assume Stopping Volume. Price @ A indicates buyers and their prices.

B- Wyckoff Automatic Rally.

C- Price back at A, interesting to note the high volumes again.

D- We break the level at A/C. Volume is relatively lower than the last times at the level. Next 2 candles show an increase in volume. Hunting Stops in progress.

E- Back up to the A/C level, but the increase in volume with narrow spread candle, lots of behind the scenes trading. A few candles to the right when we penetrate the level, there is no volume . Interesting to note that the level that was once a line in the sand was washed away by the sea.

F-Limit of the stop run, another level to watch to be defended.

G- Increase in volume, narrow sideways range... Lots of trading in here.

Conventional Wyckoff says to avoid the market until price has left the fringes of A and B, had its little fake outs and false breakouts, and has decided on its direction. Then its wise to get in. Of course you miss some trades, but the chances of being wrong are less.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-m15.png Size: 41 KB
  • #28,696
  • Jul 17, 2017 11:44pm Jul 17, 2017 11:44pm
Quoting springger
New around here, still trying to wrap my head around these concepts. Recently started trading Futures using Volume Profile and the DOM. But something about the allure of spot FX. So, here I am, trying to learn the musings of VSA. I am not following VSA to the gospel, as from futures I have witnessed SM deceiving one another as well as the retail. Candles are just a snap shot in time, similar to showing a movie frame by frame. Hence I am now trying to see the movie by watching the frames with SM playing their little games in the background. A spike...
Springger

VSA works on anything in anytime frame ... thats the beauty of it

Below is an oil chart ....sweet little no demand in rising market . Simple trades
Attached Image (click to enlarge)
Click to Enlarge Name: OIL-AUG17Daily.png Size: 107 KB
Blogging daily now at www.volume.zone
  • #28,697
  • Jul 17, 2017 11:52pm Jul 17, 2017 11:52pm
Quoting springger
Again, trying to create the movie frame by frame, So that I can understand what is happening when its happening. Sorry for the ramble. A-Wide Spread Candle, Long Shadow and Extra Volume...Safe to assume Stopping Volume. Price @ A indicates buyers and their prices. B- Wyckoff Automatic Rally. C- Price back at A, interesting to note the high volumes again. D- We break the level at A/C. Volume is relatively lower than the last times at the level. Next 2 candles show an increase in volume. Hunting Stops in progress. E- Back up to the A/C level, but...

Awesome post .... usdchf daily is showing major weakness near support. I would sell all sow on rallies.

First vertical - up bar ultra high volume has to be seller. Market moved slightly higher and a few days later we saw supply again.
Second vertical - up bar low spread but volume more than prior bar ( which has a wider spread), next day closes lower -- has to be sellers again
Third bar ... the closing deal .... very clear no demand.

Very very strong chance the support is broken this week
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFDaily.png Size: 68 KB
Blogging daily now at www.volume.zone
  • #28,698
  • Jul 17, 2017 11:54pm Jul 17, 2017 11:54pm
Quoting Autrader
lets keep this thread live!!!
I will try my best to provide some blow by blow accounts of my trades during the day . ... but I may not always be able to but but will give some analysis later in day for people to learn from .
Blogging daily now at www.volume.zone
  • #28,699
  • Jul 18, 2017 12:22am Jul 18, 2017 12:22am
so..... the move up of gbp in asia ....any thoughts anyone
Blogging daily now at www.volume.zone
  • #28,700
  • Jul 18, 2017 12:26am Jul 18, 2017 12:26am
Quoting malcolmb14
so..... the move up of gbp in asia ....any thoughts anyone
probably gbp could not resist USD drop.....
I can.I will. End of story.
5 traders viewing now