Interesting post from Denbur. Too bad he didn't say anything in the post. This is a typical marketing ploy to increase exposure of a soon to be released product to hint and build anticipation regarding the totally revolutionary product you won't be able to live without.
Perhaps I'm wrong and Denbur didn't have time to direct us to the threads that use volume in an intelligent manner that would make all of us feel inept.
Also eSignal is horrible. No one is blaming eSignal for bad trading but I surely will vouch for eSignal being the worst data feed on the internet. DTN is cheaper, better feed and waaaaay better support!
Interesting post from Denbur. Too bad he didn't say anything in the post. This is a typical marketing ploy to increase exposure of a soon to be released product to hint and build anticipation regarding the totally revolutionary product you won't be able to live without.
Perhaps I'm wrong and Denbur didn't have time to direct us to the threads that use volume in an intelligent manner that would make all of us feel inept.
Also eSignal is horrible. No one is blaming eSignal for bad trading but I surely will vouch for eSignal being the worst data feed on the internet. DTN is cheaper, better feed and waaaaay better support!
Ignored
i am not selling esignal and i don't care what you think about it or anything else. esignal is just a tool and if you did not notice again, it is not the major topic of this thread.
if you can't add anything constructive regarding the topic, besides selling your product, you should not be posting here
Principles of supply and demand produce patterns that most traders are looking for. However, not always similar looking pattern produces similar results. So what causing it to move into different directions each time?
I posted before several triangles that failed to respond into direction that most tech books preach the market should go from triangle break out.
Here I would like to show how principles of supply and demand first formed the triangle pattern and then confirmed market weakness before the break out.
Thanks for your charts of VSA operating in FX. I've been using VSA on and off for 15 years. Having used it on the London ETF for Gold recently, I'm moving to position trade FX using daily, weekly and monthly timeframes for analysis. The alerts are very good, having picked the tops in gold and oil with (SOW-52 )however as your commentary suggests reading the bars and patience are essential.
I just want to thank you for sharing your trading ideas with us . Its now that i'm beginning to understand the principles behind fx market . i've traded for about two years now blindly knowing nothing about Volume and it importance. All the same, thank God I found this thread and will always be here willingly to learn.
Thank you.
Just want to express my thoughts about the lie I hear from CNN, CNBC, FOX, and other news channels that are designed to support politicians who actually created this mess.
they all claim that over $1 trillion was wiped out from the market on 1 day on Monday. Why they are not dancing after the fact 60% of it came back on the next day?
we are told that tax payers have to give their money to the government and bankers just because 1 day was a down day? market was going up down for years and now they found another chance to take people money.
according to their logic when market goes down people loose more money and have to pay for the mistakes of bank and "professionals". Why they never gave us money when the market was going up?
will they give the money back after the market rallies to new highs? i seriously doubt that.
another thing, money is never lost in the market, market order flow is simply flows from one place into another. If somebody is selling in the market, somebody must buy and vice verse. All I can see how wealth was transferring to the banks from loans, then to the banks and government when market went down, and now it is going to be transferred to the banks and government again from tax payers directly.
why don't mass media say that the biggest selling came on the days when Interest Rate was cut to SUPPORT the market? this selling came from institutions on the Wall Street. COT reports and WallstreetJournal website showed that. For those who don't know, you can track how much selling was on up day and how much buying was on down day and other money flow data: http://online.wsj.com/mdc/public/pag...=topnav_2_3002
p.s. mass media seriously believe that '777' points have some superstitious meaning. lol. They missed the fact that they created this number by themselves. if my charts are lying to me please correct me but i cant find that number.
Just want to express my thoughts about the lie I hear from CNN, CNBC, FOX, and other news channels that are designed to support politicians who actually created this mess.
they all claim that over $1 trillion was wiped out from the market on 1 day on Monday. Why they are not dancing after the fact 60% of it came back on the next day?
we are told that tax payers have to give their money to the government and bankers just because 1 day was a down day? market was going up down for years and now they found another chance to take people money.
according to their logic when market goes down people loose more money and have to pay for the mistakes of bank and "professionals". Why they never gave us money when the market was going up?
will they give the money back after the market rallies to new highs? i seriously doubt that.
another thing, money is never lost in the market, market order flow is simply flows from one place into another. If somebody is selling in the market, somebody must buy and vice verse. All I can see how wealth was transferring to the banks from loans, then to the banks and government when market went down, and now it is going to be transferred to the banks and government again from tax payers directly.
why don't mass media say that the biggest selling came on the days when Interest Rate was cut to SUPPORT the market? this selling came from institutions on the Wall Street. COT reports and WallstreetJournal website showed that. For those who don't know, you can track how much selling was on up day and how much buying was on down day and other money flow data: http://online.wsj.com/mdc/public/pag...=topnav_2_3002
p.s. mass media seriously believe that '777' points have some superstitious meaning. lol. They missed the fact that they created this number by themselves. if my charts are lying to me please correct me but i cant find that number.
So do you think Eur/usd will go up or down this week?
Ignored
I avoid predicting the future moves. In my opinion, the reason people loose money in the markets is their need for certainty and trying to predict the moves. Our society is built on one's ability to plan for the future. However, that does not work in the market to the same extent. The market is so chaotic that it will give you evidence that your initial forecast is correct only later to take your money from you. Once you stick to your forecast you will likely to miss all the clues that you are wrong and stick to your initial plan and loose money.
The way I analyze allows me to see immediate future or immediate reaction but does not give the ability to tell the future. I am certain that I don't need to know the future moves to make money.
I always have multiple scenarios and change them as order flow unfolds.
at the time of writing we have no stopping volume or any selling climax to change the direction of the down move. However, the market is near zone of consolidation. If i see selling climax into this zone, I would become bullish.
On the other hand, if we see a rally without selling climax I will start looking for shorts.
How are we going to determine forex market, based on this money flow ?
Ignored
as for me, I like to look in different markets even though i ma trading only currencies. If you stop and think a little bit, you might see that everything is interconnected and to buy shares in European market you will need to convert dollars to euro and if you are going to buy US stock you will do the opposite.
so, by tracking the order flow in different markets gives me a feeling where the money goes.
this is not a science, it is an art form. i cant explain how it works for me and cant give you formulas
I avoid predicting the future moves. In my opinion, the reason people loose money in the markets is their need for certainty and trying to predict the moves. Our society is built on one's ability to plan for the future. However, that does not work in the market to the same extent. The market is so chaotic that it will give you evidence that your initial forecast is correct only later to take your money from you. Once you stick to your forecast you will likely to miss all the clues that you are wrong and stick to your initial plan and loose money.
The way I analyze allows me to see immediate future or immediate reaction but does not give the ability to tell the future. I am certain that I don't need to know the future moves to make money.
I always have multiple scenarios and change them as order flow unfolds.
at the time of writing we have no stopping volume or any selling climax to change the direction of the down move. However, the market is near zone of consolidation. If i see selling climax into this zone, I would become bullish.
On the other hand, if we see a rally without selling climax I will start looking for shorts.
