vsa with Malcolm | Page 1565 | 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

  • #31,281
  • Nov 30, 2017 10:53am Nov 30, 2017 10:53am
Quoting HiddenGap
{quote} You and me both. Like I always say, don't make trades based on indicators, but don't trade against them either. In other words, you don't want to go long just because price closed above the MA. And yet, you shouldn't go long while price is below the MA. If you're willing to go long when price is below the MA, why have the MA on the chart in the first place? If you're new to this thread, Pres78 does this a lot: he shows up every now and then, and spits mad wisdom then disappears into the ether. Take advantage of the times he is here. ...

Allow me to disagree and at least explain my perspective

I do have 14 and 50 ema there and I frequently trade against them, because they don't serve for trade identification nor initiation, not the 1st trade at least,
their purpose is for after the treds establish then I trade their bouncy bouncy moves like a normal ma system. hope it helps. so in conclusion in my charts I dont look at them I completely ignore them until
1 - I have identified correctly a reverse and entered against the EMA
2 - I missed the reversal for whatever reason and then I use them to trade intra trend on the bounces along side other check boxes, the bounce alone is not enough for I to open a trend trade.

Peace out
Zwara.
  • #31,282
  • Nov 30, 2017 11:02am Nov 30, 2017 11:02am
Quoting zwara
simple question.. might be silly sorry.. {image} Peace.
We like questions in this thread, simple or not.

The first interval in the circle is a narrow range up bar on volume less than the previous two intervals, or what VSA would term No Demand. It does turn out to be unconfirmed as the next interval is up rather than down.

I am not sure if the second interval has a name in VSA terms. However, it does appear as if it could be a Squat. The short term definition of a squat is a narrow range bar on increasing volume. The actual definition is a bar with increasing volume and decreasing MFI (Market Facilitation Index). I can't get into the power of squats too much right now. But I will note two things:

1. Bag holding and End of a rising markets would be squats: both are narrow range bars on ultra high volume.

2. While not all squats signify an end in trend, all trends end with a squat within 1-5 intervals of the top/bottom.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #31,283
  • Nov 30, 2017 11:09am Nov 30, 2017 11:09am
Look for the volume surge around 4pm LDN time. This is the desk close of the London desks and traders will be taking profits.
If the currency has made a significant move up and is at a top edge it will be a good place to go short.

Here the EUR was being bought due to the negative news forecast on the USD but all because of what was happening on the stock markets and the Pension Funds needed to hedge their equity positions. They cannot take on currency risk so were buying up EUR to compensate. (shown by the green line)

Attached Image (click to enlarge)
Click to Enlarge Name: m75t6Ao.png Size: 361 KB
Boxing clever since 76.
  • #31,284
  • Nov 30, 2017 12:16pm Nov 30, 2017 12:16pm
My take on indies accuracy is as follows w.r.t TF

all based on individual TF's
Weekly - 90%
Daily - 75%
H4 - 60%
H1 - 50%
M30 - 30%
M15 - 25%
M5 - Indicators are not made for M5.
M1 - Indicators are not made for M1.

and VSA rules

Weekly - 90%
Daily - 80%
H4 - 60%
H1 - 50%
M30 - 50%
M15 - 50%
M5 - 25%
M1 - 10-20%

and only one rule of VSA (what Pres call volume zone)
Weekly - 90%
Daily - 90%
H4 - 90%
H1 - 90%
M30 - 90%
M15 - 75%
M5 - 75%
M1 - 50%

All of this is based upon observation and personal experience.
Holy Grail - Patience and Acceptance
  • #31,285
  • Nov 30, 2017 1:02pm Nov 30, 2017 1:02pm
Quoting bluesoul
My take on indies accuracy is as follows w.r.t TF all based on individual TF's Weekly - 90% Daily - 75% H4 - 60% H1 - 50% M30 - 30% M15 - 25% M5 - Indicators are not made for M5. M1 - Indicators are not made for M1. and VSA rules Weekly - 90% Daily - 80% H4 - 60% H1 - 50% M30 - 50% M15 - 50% M5 - 25% M1 - 10-20% and only one rule of VSA (what Pres call volume zone) Weekly - 90% Daily - 90% H4 - 90% H1 - 90% M30 - 90% M15 - 75% M5 - 75% M1 - 50% All of this is based upon observation and personal experience.
For trade to what RR ? nice job there Blue

Peace.
  • #31,286
  • Nov 30, 2017 1:21pm Nov 30, 2017 1:21pm
Quoting bluesoul
My take on indies accuracy is as follows w.r.t TF all based on individual TF's Weekly - 90% Daily - 75% H4 - 60% H1 - 50% M30 - 30% M15 - 25% M5 - Indicators are not made for M5. M1 - Indicators are not made for M1. and VSA rules Weekly - 90% Daily - 80% H4 - 60% H1 - 50% M30 - 50% M15 - 50% M5 - 25% M1 - 10-20% and only one rule of VSA (what Pres call volume zone) Weekly - 90% Daily - 90% H4 - 90% H1 - 90% M30 - 90% M15 - 75% M5 - 75% M1 - 50% All of this is based upon observation and personal experience.
If indies = indicators then the fact is that indicators are 100% correct 100% of the time. They indicate with 100% accuracy what has happened
  • #31,287
  • Nov 30, 2017 1:33pm Nov 30, 2017 1:33pm
Quoting Winston Reed
{quote} If indies = indicators then the fact is that indicators are 100% correct 100% of the time. They indicate with 100% accuracy what has happened
Well said.

Indicators employ rule sets or mathematical expressions and as such, they are always correct.

If one wants to create an "Up thrust" sign of weakness, he may set up the following rule set:

1. The bar has a greater range than the previous bar.
2. The bar's close is in the lower 25% of its range.
3. Volume is increasing.

Every time these three conditions are present a "signal" will appear above the bar. And every time a "signal, or indication" appears, it will be 100% true that all three conditions are present. Whether or not the market declines, has no bearing on the accuracy of the indication.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #31,288
  • Nov 30, 2017 1:44pm Nov 30, 2017 1:44pm
Quoting HiddenGap
{quote} Well said. Indicators employ rule sets or mathematical expressions and as such, they are always correct. If one wants to create an "Up thrust" sign of weakness, he may set up the following rule set: 1. The bar has a greater range than the previous bar. 2. The bar's close is in the lower 25% of its range. 3. Volume is increasing. Every time these three conditions are present a "signal" will appear above the bar. And every time a "signal, or indication" appears, it will be 100% true that all three conditions are present. Whether or not the...

Correct, the same I think applies to VSA where we search volume areas, time frames are just a illusion because the are will be the same either on 1 min or 1 day if the price is at 1.0- 1.1 area it will be in that area on any given time frame from tick to year.

but I may be wrong

Peace.
  • #31,289
  • Nov 30, 2017 1:54pm Nov 30, 2017 1:54pm
Quoting zwara
{quote} For trade to what RR ? nice job there Blue Peace.
1:1 to 1:10 (with let the profits run philosophy)
Check the Gold signals on daily in recent months and see how many trades you lose, and RR, doesnt matter based length of winning moves. You can place stop to recent swing, even then you are highly profitable. its same for most of instruments, with some exception to ranging markets, which can be easily addressed with tweaking indies parameters.

Quoting Winston Reed
{quote} If indies = indicators then the fact is that indicators are 100% correct 100% of the time. They indicate with 100% accuracy what has happened
That's absolutely right, I also don't take trades on indies, but only to manage trades or for exits. On the other hand indies perform well on bigger TF, one can be a successful long term trader only using one moving average.

One more thing, i have developed an opinion that backtesting is also not as useful as it is considered. It can get same Weightage as the use of indies. which means just signals or getting some confidence on your strategy, nothing more.
Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 64 KB
Holy Grail - Patience and Acceptance
  • #31,290
  • Nov 30, 2017 2:04pm Nov 30, 2017 2:04pm
Quoting zwara
{quote} Correct, the same I think applies to VSA where we search volume areas, time frames are just a illusion because the are will be the same either on 1 min or 1 day if the price is at 1.0- 1.1 area it will be in that area on any given time frame from tick to year. but I may be wrong Peace.
i have different experience in terms of VSA.
for Volume zone you can say yes thats more or less same on different TF'S except M1 and M5.

I have seen NS on M15, but within same period i saw ND on hourly. and vice versa. Most effective thing within VSA is high volume areas and location (where is it occurring) and second is background/context. I tell myself story w.r.t background based on high volume areas and take trades based on that which works 75% of times.
Holy Grail - Patience and Acceptance
  • #31,291
  • Nov 30, 2017 2:15pm Nov 30, 2017 2:15pm
Quoting bluesoul
{quote} i have different experience in terms of VSA. for Volume zone you can say yes thats more or less same on different TF'S except M1 and M5. I have seen NS on M15, but within same period i saw ND on hourly. and vice versa. Most effective thing within VSA is high volume areas and location (where is it occurring) and second is background/context. I tell myself story w.r.t background based on high volume areas and take trades based on that which works 75% of times.

Agree up to some point with you Blue, but let me clarify what I meant... Let's say you have 1h high volume candle right on 30 min only one of them will have high volume or maybe similar ( but one normally higher(, on 15 min you will have 1 with higher volume, still within this hourly chart, same shit to 5 min and same shit to 1min,...

the only different is on the 1h it may go from 1.01 to1.20 but on 15 min the candle may go from 1.10 to 1.20 area but on the 1 min the volume spike may happen on:

- 1.18 to 1.20 - meaning one thing
- 1.10 to 1.11 - meaning a completely diff thing from above scenario... right?

no matter where it happens an area is there stays there and doesn't move from there.

just my two cent.

zwara.
  • #31,292
  • Nov 30, 2017 2:18pm Nov 30, 2017 2:18pm
Quoting bluesoul
{quote} 1:1 to 1:10 (with let the profits run philosophy) Check the Gold signals on daily in recent months and see how many trades you lose, and RR, doesnt matter based length of winning moves. You can place stop to recent swing, even then you are highly profitable. its same for most of instruments, with some exception to ranging markets, which can be easily addressed with tweaking indies parameters. {quote} That's absolutely right, I also don't take trades on indies, but only to manage trades or for exits. On the other hand indies perform well...

here it all depends on the criteria, where you enter on the close of the arrowed candle? how big is your SL? it all matters I still think that if it was that easy, well no one would be making money out of this because no one would be losing it... Someone has to lose in order for other to win.
  • #31,293
  • Nov 30, 2017 2:24pm Nov 30, 2017 2:24pm
Quoting HiddenGap
The cable guy just left my house, so this post is no longer the real-time call it was going to be. SHARP SHOOTER I still feel like it's worth posting, even thought it is after the fact. Remember, the sharp shooter rules don't change. They are already known. The rules were not changed to fit the chart. In other words, if it is there now, it was there then..... Take a look at the chart below. The first thing we see is a Ultra High volume up bar. It's the highest volume up to that time (and beyond). As the highest volume bar, this is the interval that...

An image really is worth a thousand words. Thank you for this -
  • #31,294
  • Nov 30, 2017 2:28pm Nov 30, 2017 2:28pm
Quoting HiddenGap
{quote} Well said..
I have been following your posts for quite sometime,
if you dont mind can you please share, what do you actually trade. or what do you like most among different/complimenting trading methods.
VSA ? HV Zones? Volume/Market Profile? Order Flow?

Would love to hear from you your current/favt trading style
Holy Grail - Patience and Acceptance
  • #31,295
  • Nov 30, 2017 2:32pm Nov 30, 2017 2:32pm
Quoting Codaky
Another beautiful trade on EURUSD. Blue line is entry (which was a little late because I missed the NS bar). The green line was my target for 2R. {image}

Nice charts/ trades. If you like the VZ method from Jason and you get some free time - check out 2 BR's off of the VAH and VAL with trend alignment. 1 HR zone, 5 minute reversals for entry. Food for thought but this has been very successful for me.
  • #31,296
  • Nov 30, 2017 2:32pm Nov 30, 2017 2:32pm
Gold: Some interesting UHV bars on H1 H4 , possibly cause an immediate reversal, lets see. waiting for confirmations/SOS
Holy Grail - Patience and Acceptance
  • #31,297
  • Nov 30, 2017 2:40pm Nov 30, 2017 2:40pm
Quoting cdb07d
{quote} Nice charts/ trades. If you like the VZ method from Jason and you get some free time - check out 2 BR's off of the VAH and VAL with trend alignment. 1 HR zone, 5 minute reversals for entry. Food for thought but this has been very successful for me.
ex. from last night
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EG.PNG Size: 69 KB
Click to Enlarge Name: GBPAUD.PNG Size: 62 KB
Click to Enlarge Name: UCAD.PNG Size: 66 KB
  • #31,298
  • Nov 30, 2017 4:40pm Nov 30, 2017 4:40pm
Quoting bluesoul
{quote} I have been following your posts for quite sometime, if you dont mind can you please share, what do you actually trade. or what do you like most among different/complimenting trading methods. VSA ? HV Zones? Volume/Market Profile? Order Flow? Would love to hear from you your current/favt trading style

VSA mixed in with some OrderFlow (Aggression Bars) and a dash of Auction Market Theory concepts.

VSA: Volume (activity), Range (spread), and Closing Price to determine the Supply/Demand dynamic in the market.

OrderFlow- Aggression Bars : Volume, Range, Volatility,Velocity, Momentum, Trend, and OrderFlow to determine what side (buyers or sellers) is moving the market.

Auction Market Theory: Concepts like Initiative Buying and Selling, Acceptance, Rejection, Unfair Highs and Lows, One-Time Framing.

The last pic I posted pretty much sums it up. VSA Sharp Shooter Strategy enhanced with the knowledge of what the Aggression Bar analysis was saying about the market. Both used to detect trend and to find ways to enter in the direction of said trend.

Instead of "Diamonds", I use the Cycle of Time Line (formerly known as the BPL). Chart Mode I and II are a price and volume based trend indicators receptively.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #31,299
  • Nov 30, 2017 7:59pm Nov 30, 2017 7:59pm
Quoting HiddenGap
{quote} VSA mixed in ...
can you point out on chart : vsa, of, amt?
do you use additional software for trading such as one used by autrader and software for atm?( in pasted you post some other software you use : not sure was it for of or atm or both)?
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #31,300
  • Nov 30, 2017 9:05pm Nov 30, 2017 9:05pm
Quoting the3mp
Trying the free trial version of ATAS, very interesting tool for scalping. Pretty easy to see how sellers were still selling on those bottoms, but price just wouldn't move lower. Three attempts to break down absorbed by some large order, and then that false breakdown on the fourth that trapped more sellers. As soon as buyers got in, price jumped up 20 pips in a matter of minutes. Stupid question about the software: how do you get the chart to autoupdate? Isn't it sufficient to link it to an account? {image}{image}

hi all, new to VSA. but any where i can learn to start using ATAS or learn how to read the chart. it seems kinda new to me so i need some hand on hand guidance haha
28 traders viewing now