- #35,262
- Dec 22, 2021 10:33am Dec 22, 2021 10:33am
{quote} This is the wrong place for that stuff mate. .....and why are you spamming the same shit across multiple threads
{quote} It's video analysis mate. Just simply hit the ignore button if you don't want to see it. That's why it was placed there. I put analyses where they fit. I'm not spamming anything.
Maybe I missed something though...whats your video got to do with VSA?
- #35,264
- Dec 22, 2021 12:22pm Dec 22, 2021 12:22pm
- Joined Sep 2010 | Status: I'm not here... or am I? | 4,000 Posts
Today's zone = Tomorrow's opportunity!
- #35,266
- Dec 22, 2021 2:15pm Dec 22, 2021 2:15pm
- Joined Sep 2010 | Status: I'm not here... or am I? | 4,000 Posts
Today's zone = Tomorrow's opportunity!
- #35,267
- Dec 22, 2021 2:15pm Dec 22, 2021 2:15pm
{quote} Just video analysis? Aye right, your just trying to sell your shite
....Oooops
{quote} It has nothing to do with VSA I posted it on the wrong thread. I haven't sold anything to no one. I'm on other threads and they can tell you I haven't approached any FF member about anything. But Paulscaff1 you have a right to have opinion. Lol I F'd up
- #35,272
- Edited 6:57am Dec 23, 2021 5:53am | Edited 6:57am
- | Joined Feb 2021 | Status: Trader | 717 Posts
{quote} How's the backtesting going for you so far mate?
. Just trying to get used to managing the different timeframes, and copying the drawings etc.Found it hard to get into a rythm if that makes any sense. But Il persevere for a bit. Im definetely more focused when trading live.
I definetely see the benefit for testing simple strategies though which I might do.
What about you?
- #35,273
- Dec 23, 2021 7:53am Dec 23, 2021 7:53am
{quote} Not the best mate
I can't recall if it was a video I watched from David Weis or from Gary Dayton, but they mentioned that the people who have the patience to backtest typically do well in live markets/carry that patience into the live markets. On the other hand, I've read a few books on Deliberate Practice and they say if you aren't focused, you likely aren't learning as efficiently as they could/should. Stick with what you think works best for you!
- #35,274
- Edited 10:03pm Dec 23, 2021 7:33pm | Edited 10:03pm
- Joined Jan 2015 | Status: Trader | 1,460 Posts
Just closed down the USDJPY trade.
EURCAD, small loss.
2 bar reversal into the 50%. I shorted a M30 UT into the 0%. I closed the trade because of.. I think its called a polar bear in Hawaii? Im not sure, but its an UT on the lows with the next bar a wide spread up bar. Don't want to be short on that.
EURUSD
Price broke above the 100%, there was a test on H1 which the result wasn't great, but bullish intent was there. My entry was bad, I was waiting for an entry off the 100%, but decided to go in after the strong reaction to the M15 test.
EURJPY
This was a tiny trade, I'm not sure yet how scalping works inbetween zones. The spread on HV bar was wide, I think the the ADR on the pair is around 80 pips and the bar was 28 pips, so a bit more than a 1/3 of the daily spread was on the high volume bar. Price was contained inside the high volume bar. Shorted an M30 ND and took it to the zone low. I put a wide stop on it (where the 150% would be) to give myself some room as I'm still learning to trade the zones.
Happy Holidays!
EURCAD, small loss.
2 bar reversal into the 50%. I shorted a M30 UT into the 0%. I closed the trade because of.. I think its called a polar bear in Hawaii? Im not sure, but its an UT on the lows with the next bar a wide spread up bar. Don't want to be short on that.
EURUSD
Price broke above the 100%, there was a test on H1 which the result wasn't great, but bullish intent was there. My entry was bad, I was waiting for an entry off the 100%, but decided to go in after the strong reaction to the M15 test.
EURJPY
This was a tiny trade, I'm not sure yet how scalping works inbetween zones. The spread on HV bar was wide, I think the the ADR on the pair is around 80 pips and the bar was 28 pips, so a bit more than a 1/3 of the daily spread was on the high volume bar. Price was contained inside the high volume bar. Shorted an M30 ND and took it to the zone low. I put a wide stop on it (where the 150% would be) to give myself some room as I'm still learning to trade the zones.
Happy Holidays!
- #35,277
- Dec 26, 2021 4:20pm Dec 26, 2021 4:20pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
I used to mention this a lot when I was trading Volume Spread Analysis (VSA) with Supply/Demand Zones, and it still remains true now.
The base level concept for a trade entry has two elements:
1. Evidence of an increase in buying (Demand)/selling (Supply) of the Smart Money; and
2. Evidence of a lack of interest in selling/buying by the Smart Money.
In other words, we want to see their activity as exhibited in Ultra High Volume, followed by their lack of activity, as exhibited in volume less than the previous two bars (low volume).
This pic is from a few years ago...................
1. We see Ultra High/Climatic volume on an UP bar with the next bar down. This is SUPPLY. This is also our evidence of Selling by the Smart Money.
At this point, we are adding the VSA Trigger Number Matrix to the chart.
2. We get some more evidence of selling, then price falls below the low of the Ultra High/Climatic Volume bar. As price attempts to move back up, we see an UP bar on volume less than the previous two bars. This is No Demand and our evidence of a lack of buying by the Smart Money.
The point is, at this base level (a level where a lot of money can be made), the appearance of Ultra High/Climatic Volume is not a signal to get long or short, but rather a signal to pay attention.
The base level concept for a trade entry has two elements:
1. Evidence of an increase in buying (Demand)/selling (Supply) of the Smart Money; and
2. Evidence of a lack of interest in selling/buying by the Smart Money.
In other words, we want to see their activity as exhibited in Ultra High Volume, followed by their lack of activity, as exhibited in volume less than the previous two bars (low volume).
This pic is from a few years ago...................
1. We see Ultra High/Climatic volume on an UP bar with the next bar down. This is SUPPLY. This is also our evidence of Selling by the Smart Money.
At this point, we are adding the VSA Trigger Number Matrix to the chart.
2. We get some more evidence of selling, then price falls below the low of the Ultra High/Climatic Volume bar. As price attempts to move back up, we see an UP bar on volume less than the previous two bars. This is No Demand and our evidence of a lack of buying by the Smart Money.
The point is, at this base level (a level where a lot of money can be made), the appearance of Ultra High/Climatic Volume is not a signal to get long or short, but rather a signal to pay attention.
Without VSA, you're playing checkers while the Smart Money plays chess.
- #35,278
- Edited 7:45am Dec 27, 2021 1:25am | Edited 7:45am
- Joined Jan 2015 | Status: Trader | 1,460 Posts
{quote} Thanks for being understanding duve. All the best.
Most holidays the volume is extremely low, on the 24th I see high volume but to me the volume doesn't look right so I still wouldn't use it.
I think I have my answer, but I'm still curious though if you fib holiday volume.
CJ Long..
- #35,280
- Dec 27, 2021 8:49am Dec 27, 2021 8:49am
How do you find a level where you should search for VSA signals? Because as I know I can't entry on any VSA signal which I notice.
Then use vsa to decide if you are in accumulation or distribution