vsa with Malcolm | Page 1685 | 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

  • #33,681
  • Jan 19, 2021 4:29pm Jan 19, 2021 4:29pm
Quoting Anotan
{quote} good call.. looked nice for a rally but price fizzled out.
well, yesterday was a day to be on sideline ... lol ... ok why i said i closed because not supported by volume (orange bar), if this bar had higher volume i would let my long go but it has lower volume and higher spread ... but looking for selling was not an option either because selling volume was not ok to me to take a position. After i saw the bar (blue circle) i thought i should let my long position run .... lol ... never mind.

Ok for educational purpose ... on monday was very clear pattern to trade see the pic (high volume pin pattern), please keep in your database this pattern come often and i said it "never failed pattern' ... lol
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2021-01-20_051853.jpg Size: 91 KB
Click to Enlarge Name: 2021-01-20_052430.jpg Size: 90 KB
Click to Enlarge Name: 2021-01-20_052723.jpg Size: 16 KB
  • #33,682
  • Jan 19, 2021 6:37pm Jan 19, 2021 6:37pm
Quoting Cyberforex
For GOLD i dont have any position yet still waiting a good entry maybe at new york time but here is my trading plan for GOLD i maybe be wrong .... {image}
update ... my entry long for GOLD as planned ... hopefully will reach my target .... lets see

I may be wrong ...
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-01-20_061123.jpg Size: 117 KB
  • #33,683
  • Jan 19, 2021 10:58pm Jan 19, 2021 10:58pm
Test on Daily with price responding positively to it. Like to see price take out the 7820 high.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 83 KB
  • #33,684
  • Jan 19, 2021 11:26pm Jan 19, 2021 11:26pm
Quoting Anotan
Test on Daily with price responding positively to it. Like to see price take out the 7820 high. {image}
to keep positions several days based on daily chart is amazing, it requires a good understanding of market movement ... top trader!!!
  • #33,685
  • Jan 20, 2021 9:38am Jan 20, 2021 9:38am
Quoting Anotan
Test on Daily with price responding positively to it. Like to see price take out the 7820 high. {image}
Brought stops up, AU got a nice little push from the CAD rate decision.

Text book trade using only MT4 volume and a horizontal line.

Bar A- High volume and close in the middle with the next bar up with a large healthy body.

Bar B - This bar looks like its testing Bar A's trigger number, but there is supply on the previous bar. Not the time to be looking to go long.

Bar C- Healthy up bar pushing up and through Bar A trigger number. The sellers that were around on the highs of Jan 19th, where are they? They obviously aren't in control if price is able to push up in to a previous area of demand.

Bar D - One last test for sellers.

Bar E- Classic NS test a few hours before the CAD news.

Past few pages, people talking about MT4 is useless fake volume that is misleading people. I think that people have a hard time understanding that profit taking looks a lot like active position building on a chart.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 40 KB
  • #33,686
  • Jan 25, 2021 4:26am Jan 25, 2021 4:26am
Quoting Anotan
{quote} Brought stops up, AU got a nice little push from the CAD rate decision. Text book trade using only MT4 volume and a horizontal line. Bar A- High volume and close in the middle with the next bar up with a large healthy body. Bar B - This bar looks like its testing Bar A's trigger number, but there is supply on the previous bar. Not the time to be looking to go long. Bar C- Healthy up bar pushing up and through Bar A trigger number. The sellers that were around on the highs of Jan 19th, where are they? They obviously aren't in control if price...
This batch of stops were triggered Friday.

Looking at the big picture AU has had a significant up move since early November, which means price is vulnerable to profit taking. Jumping up to a H4 chart price has been in a range going on 3 weeks. Ive brought up stops to .76 and trying to dump the rest of the positions on the next rally somewhere around .78.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 71 KB
  • #33,687
  • Jan 27, 2021 8:19pm Jan 27, 2021 8:19pm
My GU and GOLD trading from yesterday. It was predictable. Here are the pics i saved for my self for learning process.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2021-01-27_185225.jpg Size: 129 KB
Click to Enlarge Name: 2021-01-27_185331.jpg Size: 110 KB
  • #33,688
  • Edited 7:45am Jan 29, 2021 4:14am | Edited 7:45am
Ok guys here is my buy call for GU at london session. Minimum target should be 1.3740, lets see.

I may be wrong ... so please do your homework.

update : so at the moment the position looks like ok, here is my trading plan for GU at NY. I think the price will go to the top of 27th Jan, then will go down so maybe we will see climatic action around NY then down movement and it will go down further till next week before NFP release on Friday (just my thought ... i may be wrong)

update : closed position from London 80 pips got minimum target 1.3740, no need to be greedy ... lol
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2021-01-29_171315.jpg Size: 102 KB
Click to Enlarge Name: 2021-01-29_190753.jpg Size: 133 KB
Click to Enlarge Name: 2021-01-29_204200.jpg Size: 11 KB
  • #33,689
  • Edited 6:15pm Jan 30, 2021 5:27pm | Edited 6:15pm
Here is a good stuff to read on the weekend ...

https://tinyurl.com/y2fw9mh3

Forex Market Trading Hazards :
- Not Maintaining Trading Discipline
- Trading Without a Plan
- Failing to Adapt to the Market
- Learning Through Trial and Error
- Having Unrealistic Expectations
- Poor Risk and Money Management

happy nice weekend ...
  • #33,690
  • Jan 31, 2021 1:46am Jan 31, 2021 1:46am
I found a VSA presentation from Live Trading Boot-camps and VSA Workshops by Gavin Holmes and Sebastian Manby.

If someone is interested here is the ebook :
Attached File(s)
File Type: pdf Volume Spread Analysis Trade Set Ups.pdf   4.0 MB | 5,068 downloads
  • #33,691
  • Jan 31, 2021 4:57am Jan 31, 2021 4:57am
Thanks for the ebook!!
  • #33,692
  • Jan 31, 2021 4:49pm Jan 31, 2021 4:49pm
Quoting Phil1234
Thanks for the ebook!!
you are welcome
  • #33,693
  • Feb 1, 2021 1:44am Feb 1, 2021 1:44am
I don't trade EUR/CAD often, its a weird pair.

But price fell today on low volume, then a NS. just a few minutes ago price dipped to take out stops I think.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH1.png Size: 37 KB
  • #33,694
  • Feb 1, 2021 2:41am Feb 1, 2021 2:41am
Quoting Anotan
I don't trade EUR/CAD often, its a weird pair. But price fell today on low volume, then a NS. just a few minutes ago price dipped to take out stops I think. {image}
I think you're right, it makes sense...
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad_h1.JPG Size: 101 KB
  • #33,695
  • Feb 1, 2021 3:06am Feb 1, 2021 3:06am
I was taken out.

There wasn't any buying in the background, there wasn't any proof that the pair was being actively bought and price levels being defended.

Basically what I did was I saw a lack of sellers on the down move and assumed that if the market isn't weak it must be strong. Turned out to be a risky trade.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH1.png Size: 58 KB
  • #33,696
  • Edited 4:52am Feb 1, 2021 4:33am | Edited 4:52am
Quoting Anotan
I was taken out. There wasn't any buying in the background, there wasn't any proof that the pair was being actively bought and price levels being defended. Basically what I did was I saw a lack of sellers on the down move and assumed that if the market isn't weak it must be strong. Turned out to be a risky trade. {image}
The idea to buy was actually OK, but i will wait a bit to see a confirmation or looking for a better area to buy, so the timing was not perfect need more confirmation to go to buy ... sorry just my thought .... i may be wrong.

You are a US citizen right, to trade at this time is consider hard for you need to wake up early in the morning. As I see the chart actually on Friday at US time was a good opportunity to sell (look at my other chart). So in case you want to buy better wait US session.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2021-02-01_172954.jpg Size: 121 KB
Click to Enlarge Name: 2021-02-01_173929.jpg Size: 119 KB
  • #33,697
  • Edited Feb 2, 2021 3:41am Feb 1, 2021 10:15pm | Edited Feb 2, 2021 3:41am
hi guys, my trading plan for GU and GOLD i put in my journal, if someone interested here is the link :

update : my entry call (GU and GOLD) ... if someone is interested see my link .. sorry i'm bit lazy to post it here again ... lol

https://www.forexfactory.com/thread/...6#post13389306
  • #33,698
  • Edited 4:07am Feb 2, 2021 3:54am | Edited 4:07am
I'm a bit bored ... ok here i post again my entry call for GU and GOLD (I already posted in my thread)

I may be wrong ... so please do your homework.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2021-02-02_161928.jpg Size: 140 KB
Click to Enlarge Name: 2021-02-02_164014.jpg Size: 111 KB
  • #33,699
  • Edited 5:46am Feb 2, 2021 5:12am | Edited 5:46am
Ok, all positions are still alive ... and here is my plan for GU in NY time. For GOLD I dont have any change in plan (see my thread).
  • #33,700
  • Edited 9:55am Feb 4, 2021 8:54am | Edited 9:55am
my entry short call for GU in my thread, sorry a bit lazy to post twice ...

We see the spike on GU in H4 TF on low volume, so imho i think we will see the target of 1.3533 tomorrow.
Be careful tomorrow is NFP day so keep attention of your position ... hopefully we can get the target.

I may be wrong .... lets see

https://www.forexfactory.com/thread/...7#post13394757
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-02-04_221101.jpg Size: 131 KB
9 traders viewing now