Trade Using VSA (Volume Spread Analysis) | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Volume Spread Analysis (VSA) and background 5 replies

Trading With VSA - Volatile Volume and Spread Analysis 9 replies

What is the best VSA (Volume Spread Analysis) system/indicator? 1 reply

Volume Spread Analysis (VSA) and the EURUSD 3 replies

VSA Volume Spread Analysis: No demand and accumlation 2 replies

Attachments: Trade Using VSA (Volume Spread Analysis)
Exit Attachments

Trade Using VSA (Volume Spread Analysis)

  • #301
  • Mar 25, 2009 11:04am Mar 25, 2009 11:04am
Quoting ha-pattern
How's this for simple?

http://s5.tinypic.com/30nhpbk.jpg


I chose the two-highest (before the big run just now) CDRW Spread (at 1000) waves, connected the high and low of each candle (ignoring the second of the double high wave, in this case), and found they intersected the high of the big run just now.
Yeah, I know, probably a lucky coincidence. The idea works dependably, though, and I'm trying to combine it with other volume and price indicators so trendlines work more systematically into the next move.

that is not simple .... this is simple ....and pure vsa ... it was a simple 90 pips in no time

Attached Image (click to enlarge)
Click to Enlarge Name: chf.gif Size: 54 KB
Blogging daily now at www.volume.zone
  • #302
  • Mar 25, 2009 11:10am Mar 25, 2009 11:10am
Wow!
Alright, now I'm listening...
  • #303
  • Mar 25, 2009 12:58pm Mar 25, 2009 12:58pm
Hello Malcolm, I was looking at CAD this morning and when price was run down to S1 level on my 15 min chart, volume showed extremely high, I was thinking sell climax is probably happening and was unable to breach support later in repeated lower vol attempts to break S1, I placed a long with stops below the S1 and tp at 1.23, giving R:R for me in excess of 4:1. Was wondering if you take a look at the Cad chart on 15 min from earlier this morning and see if my thinking was ok. More concerned on the analytics side of it than the fact the trade worked well. BTW on the GBP dollar, I saw the same trade, but had in inverted hammer, close to a gravestone doji, didnt take the trade however as I was eyeing the cad.

Thanks
Ron
  • #304
  • Mar 25, 2009 1:08pm Mar 25, 2009 1:08pm
I saw a good uptade here.... better volume can be useful...

Cya on next weeks....

Lubo
If I know how, I tell You!! Few but Good!!
  • #305
  • Mar 25, 2009 1:12pm Mar 25, 2009 1:12pm
Quoting megamo
Hello Malcolm, I was looking at CAD this morning and when price was run down to S1 level on my 15 min chart, volume showed extremely high, I was thinking sell climax is probably happening and was unable to breach support later in repeated lower vol attempts to break S1, I placed a long with stops below the S1 and tp at 1.23, giving R:R for me in excess of 4:1....
You hit one of more imprevedible pair to analyze....

Lubo.
If I know how, I tell You!! Few but Good!!
  • #306
  • Mar 25, 2009 1:30pm Mar 25, 2009 1:30pm
where is the chat room and more important, how do i get in?

Quoting ShamusFamous
... If you don't get in the chatroom much you should come in. There are a lot of great traders in there (Malcolm, Islander, Vantage, WallSt, Lubo etc etc. to name just a few... .
Nihil Sine Deo.
  • #307
  • Mar 25, 2009 1:34pm Mar 25, 2009 1:34pm
This is one way i find to search the more probably volume pattern....
Looking at differnt pairs on MTF...
Today imho EJ had a good pattern to identify.
Look pictures.

Lubo.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej-daily.gif Size: 28 KB
Click to Enlarge Name: ej-h4.gif Size: 24 KB
Click to Enlarge Name: ej-h1.gif Size: 26 KB
Click to Enlarge Name: ej-15m.gif Size: 28 KB
If I know how, I tell You!! Few but Good!!
  • #308
  • Edited 3:14pm Mar 25, 2009 2:06pm | Edited 3:14pm
Quoting malcolmb14
that is not simple .... this is simple ....and pure vsa ... it was a simple 90 pips in no time

Attachment
Malcolmb - I have this same volume indicator , std version from IBFX , on their MT4 demo chart . From your vast experience with VSA , does this one do the job as far as reading volume . There are two more sophisticated volume indi`s posted here . I very much agree with your simple approach . Is the better volume chart version significantly better at reading volume ? Sorry if this is a stupid question . You are very generous with your time and knowledge and it is appreciated . Plan to be in the chat tonight . Thanks
P.S. this is assuming ibfx has some form of truer volume feed than just tick volume
  • #309
  • Mar 25, 2009 2:08pm Mar 25, 2009 2:08pm
Quoting Scrat
where is the chat room and more important, how do i get in?

Click this

Enjoy.
The trend always ends.
  • #310
  • Mar 25, 2009 2:10pm Mar 25, 2009 2:10pm
Quoting tonirai
By the way, Mal, Islander, Shamus and others:

I've been lurking in the chatroom several times, as a guest (vsa_something), learning a lot from all of you

Starting next week, and during at least 2 weeks, I will be trading fulltime during European and early USA sessions, so I will also try to participate actively in the chat.

See you all soon,
Toni.

Looking forward to it Toni.
The trend always ends.
  • #311
  • Mar 25, 2009 2:13pm Mar 25, 2009 2:13pm
Quoting hwsv07
so anywhere we can read where it explains how to decipher this indicator?

isn't matching = selling or buying (whichever is higher)?

thank you.

Matching is buy matched by sell, at least that's what I mean. Essentially a wash in bar.

Perhaps ForexFlash can come in an explain it. It's not true volume either so it needs to be used with Volumes or Better Volumes as well.
The trend always ends.
  • #312
  • Mar 25, 2009 2:30pm Mar 25, 2009 2:30pm
Quoting ShamusFamous
Matching is buy matched by sell, at least that's what I mean. Essentially a wash in bar.

Perhaps ForexFlash can come in an explain it. It's not true volume either so it needs to be used with Volumes or Better Volumes as well.
Regarding the indicator:
Lime = High - Low
Red = High - Close
Orange = (High - Low)-(High - Close)

This was an experiment, and I realy dont use this indicator!

Nice to see a thread going in right direction......
forexflash
  • #313
  • Mar 25, 2009 2:37pm Mar 25, 2009 2:37pm
Quoting FOREXflash
Regarding the indicator:
Lime = High - Low
Red = High - Close
Orange = (High - Low)-(High - Close)

This was an experiment, and I realy dont use this indicator!

Nice to see a thread going in right direction......
Ah.... no wonder the bars were sometimes way off from my other Volume indicator.

All this time I thought it was a volume indicator doing as I described.

PS Welcome ForexFlash.
The trend always ends.
  • #314
  • Mar 25, 2009 3:28pm Mar 25, 2009 3:28pm
Quoting Scrat
where is the chat room and more important, how do i get in?

noooooooooooooooooooooo not scrat ...lol

I will be there later scrat ... in asia !!!
Blogging daily now at www.volume.zone
  • #315
  • Mar 25, 2009 3:54pm Mar 25, 2009 3:54pm
Quoting ShamusFamous
Ah.... no wonder the bars were sometimes way off from my other Volume indicator.

All this time I thought it was a volume indicator doing as I described.

PS Welcome ForexFlash.
It had me completely baffled when I loaded it also !

That explains it
  • #316
  • Mar 25, 2009 4:00pm Mar 25, 2009 4:00pm
Glass - Tick volume is all that's available for forex, regardless of the indicator. But it's proving to be very reliable with VSA. Concerns over volume varying by broker have also been pretty much laid to rest. If you're using IBFX and their standard volume indicator, along with price action and a knowledge of VSA, you're on solid ground. The custom indicators floating around are interesting, and you might find them helpful at times. But they're not really necessary.

  • #317
  • Mar 25, 2009 6:49pm Mar 25, 2009 6:49pm
Hello i`m following this interesting thread from the beginning and i have one question which is best MT4 platform to use with VSA i have account with Mb trading but i use MT4 charting so .... it seems that Alpari and IBFX has difference in volume that they are showing.So who is the best to use and most accurate ?
  • #318
  • Mar 25, 2009 7:22pm Mar 25, 2009 7:22pm
Quoting LuboLabo
You hit one of more imprevedible pair to analyze....

Lubo.
Yes lubo the pair is confusing at times, I have been dealing with it and converting large amts of USD to CAD for a few years, so I have gotten a feel for the cad movements. I actually have the hardest time trading the pair when it trends, its hard to pick a target/stop worthwile. Hopefully VSA can help me get more out of my money and pick more optimal conversion points.

BTW Malcolm, still interested in the analysis if you have time on the cad from the earlier morning move I posted in my last entry.

Thanks

Ron
  • #319
  • Mar 25, 2009 7:22pm Mar 25, 2009 7:22pm
Quoting teodosy87
Hello i`m following this interesting thread from the beginning and i have one question which is best MT4 platform to use with VSA i have account with Mb trading but i use MT4 charting so .... it seems that Alpari and IBFX has difference in volume that they are showing.So who is the best to use and most accurate ?

Great to see forexflash here... great coder.... i noticed the same thing alpari and ibfx not even close on the volume teodosy87. alpari was impossible to come up with the same conclusion malcom did...... and i feel it is one of the reasons i am having problems with grasping it.....
  • #320
  • Mar 25, 2009 7:29pm Mar 25, 2009 7:29pm
There were several posts where this was discussed. IBFX is the closest broker to have volume like e-signal. That is what Malcomb uses. Then a close second was FXCM. Both of the outfits are STPs so the volume from them is from their providers, not from theirs site. I have confirmed this with them on the phone.

Alapri is not even close nor is FXpro nor any other Market maker where they are not getting the feed direct.

However, having said that, the volume from these other places still does show the general idea, just not the precsision of IBFX or FXCM compared to e-signal.
10 traders viewing now