vsa with Malcolm | Page 1589 | 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

  • #31,761
  • Mar 16, 2018 10:01am Mar 16, 2018 10:01am
Quoting pres78
{quote} That is a pretty thorough read of the chart. Nicely done. Keep at it!
Thank you, Pres78. Appreciate your insight very much.
Fred
  • #31,762
  • Mar 16, 2018 10:08am Mar 16, 2018 10:08am
Quoting pres78
{quote} The names aren't important... being able to read and see the result of the important bars is what matters most... that will give you the road map and locations where one can watch for opposing signal trades (i.e. ND entries in a market deemed weak)...
You're right about that. Understanding the key bars and, reaction is what made me able to read the unfolding story of the market. VSA is really the best way (not the only way) to master the markets. Thanks for all your input. They're a gem.
Fred
  • #31,763
  • Mar 16, 2018 4:55pm Mar 16, 2018 4:55pm
Quoting Chronus
This is the first time I will make a post in this thread although I've been following it for a very long time. Studied Master the Markets, read it more than four times and still reading it, gleaned knowledge from the instructive posts of the likes of Malcolmb14, HiddenGap, Pres78, and others. I really appreciate your efforts in imparting knowledge to others. The journey hasn't been easy but it is worth it. Here's a setup on the 15 Minute chart of AUDUSD I found a couple of hours ago. It is a demo account of metatrader 5. I met it at the stage of...
Beautiful short on that NO DEMAND did you take it?
  • #31,764
  • Mar 17, 2018 1:50am Mar 17, 2018 1:50am
Quoting nycguppy
{quote} Beautiful short on that NO DEMAND did you take it?
I didn't. I was observing the charts for vsa price action setups as I have been doing for some time now as the story unfolded. Besides, it is a demo account.
Fred
  • #31,765
  • Mar 18, 2018 7:45pm Mar 18, 2018 7:45pm
See bullish setup in AUDCAD about to take long position based on 2h&4h tf Mainly seeing no supply testing in the background have 40 pip stop in place
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2D27ACB1-1786-4F72-895A-7854F4C7D738.png Size: 334 KB
Click to Enlarge Name: 8E76DDA9-FDD2-456C-8AE2-ABC448D7E9AD.png Size: 328 KB
Click to Enlarge Name: F8AE8A59-C163-4F8D-8F60-63AFFCDCCBBD.png Size: 207 KB
  • #31,766
  • Mar 19, 2018 1:32am Mar 19, 2018 1:32am
Quoting nycguppy
See bullish setup in AUDCAD about to take long position based on 2h&4h tf Mainly seeing no supply testing in the background have 40 pip stop in place {image} {image} {image}
Hello Nyc, I also see a bullish setup but I think the story is still unfolding. I haven't seen any key bar suggesting going long as a test bar should be into the region where heavy selling was seen. I know little and you can educate me where I'm wrong.
Fred
  • #31,767
  • Mar 21, 2018 7:57pm Mar 21, 2018 7:57pm
This was going to be just a "chart dump, thread bump", but I have a question for all.

Did you/would you jump on this train LONG after seeing the Shake Out, or did you/ would you sit on the sidelines thinking you missed the move?

We know that large spread up bars on Ultra High Volume that get tested immediately (1-5 bars) are bars of strength...........
Attached Image (click to enlarge)
Click to Enlarge Name: VSA 5.jpg Size: 361 KB
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #31,768
  • Mar 22, 2018 4:05am Mar 22, 2018 4:05am
Quoting HiddenGap
This was going to be just a "chart dump, thread bump", but I have a question for all. Did you/would you jump on this train LONG after seeing the Shake Out, or did you/ would you sit on the sidelines thinking you missed the move? We know that large spread up bars on Ultra High Volume that get tested immediately (1-5 bars) are bars of strength........... {image}
I entered on 1min at the low of shakeout as it was in the previous days 15min HVC area (from which we saw good bounce before news) and one day before we had a perfect bounce till the pip from UHVC from 02.27. (for me it looked like SOS) and then once again when we broke the high of news candle. only needed to keep it open over night that I don't like to do.
The more you learn the more you earn
  • #31,769
  • Mar 22, 2018 6:02am Mar 22, 2018 6:02am
Quoting HiddenGap
This was going to be just a "chart dump, thread bump", but I have a question for all. Did you/would you jump on this train LONG after seeing the Shake Out, or did you/ would you sit on the sidelines thinking you missed the move? We know that large spread up bars on Ultra High Volume that get tested immediately (1-5 bars) are bars of strength........... {image}
New to studying VSA but if I new that large spread up bars on Ultra High Volume that get tested immediately (1-5 bars) are bars of strength ( which I do now) then yes I would have entered
  • #31,770
  • Mar 22, 2018 1:45pm Mar 22, 2018 1:45pm
Quoting Seshwaan
{quote} New to studying VSA but if I new that large spread up bars on Ultra High Volume that get tested immediately (1-5 bars) are bars of strength ( which I do now) then yes I would have entered
Most new VSAers would be looking to sell:

(1) Weakness, when it appears, usually appears on up bars.
(2) Markets don't like high volume up bars.

And yet this is a clear case of:

(A) Pushing through supply.
(B) Absorption volume.
(C) A "Trap Down Move". Just three interval earlier, there was a successful Test. Indicating there was no big boy selling interest in this area.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #31,771
  • Mar 23, 2018 6:59am Mar 23, 2018 6:59am
Quoting HiddenGap
{quote} Most new VSAers would be looking to sell: (1) Weakness, when it appears, usually appears on up bars. (2) Markets don't like high volume up bars. And yet this is a clear case of: (A) Pushing through supply. (B) Absorption volume. (C) A "Trap Down Move". Just three interval earlier, there was a successful Test. Indicating there was no big boy selling interest in this area.

I won;t lie, until I read that post I would have done the same... one of the first things I picked up from your posts and others was that wide ranging up bars on ultra high volume are a sign of weakness and it did hold true for the first few times I saw it but in the back of my mind I always thought surely there must be some ultra high volume wide ranging up bars that happen and then price continues up..

That post cleared alot up for me and I will be sure to use it going forward.

Stupidly I initally thought "ALL wide ranging up bars on ultra high volume were a sign of weakness" and my interpretation of that was that it is almost guaranteed to be a short oppurtinity but you must use multiple SIGNS to justify and validate an entry
  • #31,772
  • Edited 11:06am Mar 25, 2018 10:11am | Edited 11:06am
Quoting HiddenGap
{quote} Most new VSAers would be looking to sell: (1) Weakness, when it appears, usually appears on up bars. (2) Markets don't like high volume up bars. And yet this is a clear case of: (A) Pushing through supply. (B) Absorption volume. (C) A "Trap Down Move". Just three interval earlier, there was a successful Test. Indicating there was no big boy selling interest in this area.
its interesting discussion, well actually I dont want to write again in this forum, but because of the discussion i would like to share my opinion maybe it can help someone here or maybe not lol ...

in my opinion I dont see any selling pressure in the background what I see was strength buying background (selling weakness) ... I use simplified VSA (using VSA with different approach as many traders here) and I mostly use VSA to read the background .... and because of strength buying background all weakness bars and all strength bars under horizontal line are my potential entries (vertical lines) to buy .... please be aware I use a very good money management ... so I dont care about "the exactly best entry" ... what I care most is that I believe my trading direction in the same direction as the background direction ....

I normally dont trade VSA by reading bar by bar and I almost forget all the name of bars ... lol ... I just make VSA for me as simple as possible ... and VSA is a very powerful method ...

happy trading for all ....
Attached Image (click to enlarge)
Click to Enlarge Name: vsa3.jpg Size: 57 KB
  • #31,773
  • Apr 1, 2018 4:10am Apr 1, 2018 4:10am
Hey guys, quite an urgent question here as I have jsut received an offer from tradeguider to get the normally $2,995 package for $995.. Although I do see alot of bad reviews online can ayone here that has paid for this please let me know if it is worth it?

Many thanks in advance
  • #31,774
  • Apr 1, 2018 4:18am Apr 1, 2018 4:18am
Quoting Seshwaan
Hey guys, quite an urgent question here as I have jsut received an offer from tradeguider to get the normally $2,995 package for $995.. Although I do see alot of bad reviews online can ayone here that has paid for this please let me know if it is worth it? Many thanks in advance
If you have a sure shot way to make money in the market... would you go on marketing it and selling it for pennies (comparitively), or you'd simply sit at home and mint millions with it?
  • #31,775
  • Apr 1, 2018 4:40am Apr 1, 2018 4:40am
Quoting vinforex7
{quote} If you have a sure shot way to make money in the market... would you go on marketing it and selling it for pennies (comparitively), or you'd simply sit at home and mint millions with it?

Appreciate the fast response thanks. Yeah while I do agree that in the majority of cases this is 100% correct but you could say that about any book that was made for trading and some of them are definitely legit, I see HiddenGap in this thread seems to have paid for them and they work for him..
  • #31,776
  • Apr 1, 2018 5:41am Apr 1, 2018 5:41am
Quoting Seshwaan
{quote} Appreciate the fast response thanks. Yeah while I do agree that in the majority of cases this is 100% correct but you could say that about any book that was made for trading and some of them are definitely legit, I see HiddenGap in this thread seems to have paid for them and they work for him..
Alright... since you followed up. "There are many ways to skin a cat"

I don't claim that the charting software you mentioned is good.. or bad, it's just that it alone cannot bring profits to you. Trading is a purely subjective thing.. which involves, strategy and psychology. That's why some people are able to make money with a particular strategy... and for another trader, exactly the same system... make losses. If you are in trading for atleast more than year, you can understand what Im saying.

995$ or even 2995$ might be peanuts for you, who am I to judge??? I could say one thing though... this thread would have much more pearls of wisdom in the 1500+ pages of valuable information than the charting software you mentioned, ONLY... if you have the patience and time to take it. Make the RIGHT decision... yourself.

Side note: I had posted my results of March 2018, in another thread a couple of days back... live account, check it out.. if you are curious enough. Just another way to skin the cat... tha's all ! Put in your effort and time in learning the market... you definitely will have success, whichever trading strategy you opt for.
  • #31,777
  • Apr 1, 2018 6:52am Apr 1, 2018 6:52am
Quoting vinforex7
{quote} Alright... since you followed up. "There are many ways to skin a cat" I don't claim that the charting software you mentioned is good.. or bad, it's just that it alone cannot bring profits to you. Trading is a purely subjective thing.. which involves, strategy and psychology. That's why some people are able to make money with a particular strategy... and for another trader, exactly the same system... make losses. If you are in trading for atleast more than year, you can understand what Im saying. 995$ or even 2995$ might be peanuts...
Thank you very much for the wise words. You make some greats points and I think my decision has been made.

I hope everything continues going well for you, I shall look for that post now
  • #31,778
  • Apr 5, 2018 11:38am Apr 5, 2018 11:38am
just check if you guys see trades here as well

Attached Image (click to enlarge)
Click to Enlarge Name: tr2.jpg Size: 139 KB


Attached Image (click to enlarge)
Click to Enlarge Name: tr3.jpg Size: 134 KB


Attached Image (click to enlarge)
Click to Enlarge Name: tr4.jpg Size: 111 KB
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #31,779
  • Apr 16, 2018 5:24am Apr 16, 2018 5:24am
Quoting HiddenGap
{quote} Most new VSAers would be looking to sell: (1) Weakness, when it appears, usually appears on up bars. (2) Markets don't like high volume up bars. And yet this is a clear case of: (A) Pushing through supply. (B) Absorption volume. (C) A "Trap Down Move". Just three interval earlier, there was a successful Test. Indicating there was no big boy selling interest in this area.

hi HG your post very interesting me that's credit all for you it's brilliant analysis..
i save now word file your brilliant analysis everything
i have A small question i cant's understand expain chart price action short cut...
can you fully explain it sir?

uptrust
krb
nz
squat
test
nsp
shake out
Attached Image (click to enlarge)
Click to Enlarge Name: Picture4.jpg Size: 160 KB
  • #31,780
  • Apr 19, 2018 8:02pm Apr 19, 2018 8:02pm
Chart dump, thread bump.

This chart is interesting because there is a Sharp Shooter trade for a loss. But you can clearly see the Smart Money's intent as price struggles to trade above the trigger line. While I am not a fan of multiple time frames, after the breakdown, there is not a good entry signal on this time frame. Going down to a 1 minute chart almost certainly would have offered entry points to the downside.
Attached Image (click to enlarge)
Click to Enlarge Name: VSA 8.jpg Size: 448 KB
Without VSA, you're playing checkers while the Smart Money plays chess.
7 traders viewing now