DislikedWow... thats great. 28 ES points equals $1400. (per contract) Not a bad days work. http://www.forexfactory.com/images/icons/icon10.gifIgnored
was a no brainer , hopefully next week is as easy ...lol
Blogging daily now at www.volume.zone
Trade Using VSA (Volume Spread Analysis)
- #381
- Mar 27, 2009 8:11pm Mar 27, 2009 8:11pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
here are the improved versions. They will not revert back to defaults. I have set the default width at 2, but you can change them to any width you want to and they will stay put.
I will be starting VSA next week and looking forward to joining you in trades on the chatroom.
Is it just me or does v1.2 of better volume still come up as v1.1 in the text on the top left corner of the indicator window? (just before the numbers that you can't get rid of)
Blogging daily now at www.volume.zone
- #386
- Mar 28, 2009 11:50am Mar 28, 2009 11:50am
Newb to this thread, read it through and also nyse's thread, I've been doing that much VSA reading and research my head hurts
I will be starting VSA next week and looking forward to joining you in trades on the chatroom.
Is it just me or does v1.2 of better volume still come up as v1.1 in the text on the top left corner of the indicator window? (just before the numbers that you can't get rid of)
Here is version 1.3
In this version, you can select the lookback period for the Highest and lowest for the calculations of the churn bars and the climax bars and the low volume bars. As per the Tradestation version, the default is 20 bars, but you can change it to what ever you want.
and....
This version posts 1.3 in the indicator name. The logic is the same as the others, just an added input to manipulate. Also, 1.3 in the name.
I think that is about it for me now.
- #387
- Edited 3:57pm Mar 28, 2009 3:35pm | Edited 3:57pm
- | Joined Mar 2009 | Status: Trader | 392 Posts
Thanks thatwasme 
Folks, I'm still learning this and would appreciate comment - please tell me if this is the wrong place for this.
The bar at 16.30 GMT (the lowest point red bar half way on the screen) on the chart below (Fridays EURUSD, I made 108 pips although if I'd stayed in longer I could have been over 200!) - this is screaming to me as testing suppy by the market makers - do you agree?
The previous two bars (these are 5 minute bars) have below average volume down bars, and then suddenly we've got a over double the previous bar's volume, pushing the price below the previous low at 2.05pm GMT, but closing at almost the same price as opening.
My reading on this is that buying at 16.35 (1.3270) would have been good for a short 35 pips gain, but that this is likely to be a sign of weakness, because the price didn't shoot back up in the next few hours (unless Monday morning proves me wrong) and therefore unless we see a reasonable rise on Monday this is likely to go sideways for a while and then down below that low of 1.3260.
Any thoughts on my analysis or am I talking nonsense
http://img.photobucket.com/albums/v2...A/EURUSD_2.jpg
Folks, I'm still learning this and would appreciate comment - please tell me if this is the wrong place for this.
The bar at 16.30 GMT (the lowest point red bar half way on the screen) on the chart below (Fridays EURUSD, I made 108 pips although if I'd stayed in longer I could have been over 200!) - this is screaming to me as testing suppy by the market makers - do you agree?
The previous two bars (these are 5 minute bars) have below average volume down bars, and then suddenly we've got a over double the previous bar's volume, pushing the price below the previous low at 2.05pm GMT, but closing at almost the same price as opening.
My reading on this is that buying at 16.35 (1.3270) would have been good for a short 35 pips gain, but that this is likely to be a sign of weakness, because the price didn't shoot back up in the next few hours (unless Monday morning proves me wrong) and therefore unless we see a reasonable rise on Monday this is likely to go sideways for a while and then down below that low of 1.3260.
Any thoughts on my analysis or am I talking nonsense
http://img.photobucket.com/albums/v2...A/EURUSD_2.jpg
Blogging daily now at www.volume.zone
- #388
- Mar 28, 2009 3:48pm Mar 28, 2009 3:48pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Thanks thatwasme
Folks, I'm still learning this and would appreciate comment - please tell me if this is the wrong place for this.
The bar at 16.30 GMT (the lowest point red bar half way on the screen) on the chart below (Fridays EURUSD, I made 108 pips although if I'd stayed in longer I could have been over 200!) - this is screaming to me as testing suppy by the market makers - do you agree?
The previous two bars (these are 5 minute bars) have below average volume down bars, and then suddenly we've got a over double the previous...
steve break this down into annotation .... or do note on chart
will be easier to correlate what you arte talking about to what is on chart
Blogging daily now at www.volume.zone
- #389
- Mar 28, 2009 3:54pm Mar 28, 2009 3:54pm
- | Commercial User | Joined Jan 2009 | 1,815 Posts
The trend always ends.
- #390
- Mar 28, 2009 3:57pm Mar 28, 2009 3:57pm
- | Commercial User | Joined Jan 2009 | 1,815 Posts
The trend always ends.
- #392
- Mar 28, 2009 4:05pm Mar 28, 2009 4:05pm
- | Commercial User | Joined Jan 2009 | 1,815 Posts
The red bar (climax) looks like standard stopping volume in VSA. Which I find are some of the easiest signals to spot and enter on (open of new bar)
I would not try to read too much into the late NY volume on Fridays as it's usually profit taking and lower than average volume at the end of the week.
/me waits for Malcolm to yell at me.
I have to say like most of you reading this thread I am learning as well. I would like to thank everyone for their inputs both here and in chat because even when you are wrong you learn.
See you all at Tokyo open. Hope you are all having a great weekend.
PS Vantage and I were discussing checking out setups on EJ this week in the chat. Malcolm since you trade GJ alot and EJ seems to be a safer alternative what are your thoughs on EJ?
I would not try to read too much into the late NY volume on Fridays as it's usually profit taking and lower than average volume at the end of the week.
/me waits for Malcolm to yell at me.
I have to say like most of you reading this thread I am learning as well. I would like to thank everyone for their inputs both here and in chat because even when you are wrong you learn.
See you all at Tokyo open. Hope you are all having a great weekend.
PS Vantage and I were discussing checking out setups on EJ this week in the chat. Malcolm since you trade GJ alot and EJ seems to be a safer alternative what are your thoughs on EJ?
The trend always ends.
- #393
- Mar 28, 2009 4:52pm Mar 28, 2009 4:52pm
- Joined Sep 2008 | Status: hardcore chartist | 2,173 Posts
- #394
- Mar 28, 2009 5:07pm Mar 28, 2009 5:07pm
- | Commercial User | Joined Jan 2009 | 1,815 Posts
The trend always ends.
- #396
- Mar 28, 2009 8:49pm Mar 28, 2009 8:49pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Thanks thatwasme
Folks, I'm still learning this and would appreciate comment - please tell me if this is the wrong place for this.
The bar at 16.30 GMT (the lowest point red bar half way on the screen) on the chart below (Fridays EURUSD, I made 108 pips although if I'd stayed in longer I could have been over 200!) - this is screaming to me as testing suppy by the market makers - do you agree?
The previous two bars (these are 5 minute bars) have below average volume down bars, and then suddenly we've got a over double the previous...
steve , indeed there were buyers at 1.3270 level , this was shown at 2 other time before the bar you could have gone logo n , this is what I was talking about background .... look back 40 bars and you can CLEARLY see where the buyers are
In this case the top of range was very clearly shown also
Blogging daily now at www.volume.zone
- #397
- Mar 28, 2009 8:52pm Mar 28, 2009 8:52pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Thanks thatwasme
Folks, I'm still learning this and would appreciate comment - please tell me if this is the wrong place for this.
The bar at 16.30 GMT (the lowest point red bar half way on the screen) on the chart below (Fridays EURUSD, I made 108 pips although if I'd stayed in longer I could have been over 200!) - this is screaming to me as testing suppy by the market makers - do you agree?
The previous two bars (these are 5 minute bars) have below average volume down bars, and then suddenly we've got a over double the previous...
eu more down i think , after a 350 pip drop we need to see a retracement to entice more sellers , however looking at a 60 min certainly sellers right now and not much in way of buyers
Blogging daily now at www.volume.zone
- #398
- Mar 28, 2009 8:56pm Mar 28, 2009 8:56pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
The red bar (climax) looks like standard stopping volume in VSA. Which I find are some of the easiest signals to spot and enter on (open of new bar)
I would not try to read too much into the late NY volume on Fridays as it's usually profit taking and lower than average volume at the end of the week.
/me waits for Malcolm to yell at me.
I have to say like most of you reading this thread I am learning as well. I would like to thank everyone for their inputs both here and in chat because even when you are wrong you learn.
See you all...
well shamus es I expect break under 800 , gj a move to 135 ... so ej I think should move into 125ish
,, the reversal doji on friday after an upthrust doji looks like top is in for ej for a while
Blogging daily now at www.volume.zone
- #399
- Mar 28, 2009 11:50pm Mar 28, 2009 11:50pm
- | Commercial User | Joined Jan 2009 | 1,815 Posts
well shamus es I expect break under 800 , gj a move to 135 ... so ej I think should move into 125ish
,, the reversal doji on friday after an upthrust doji looks like top is in for ej for a while
Excellent. Thank you sir. See you tomorrow.
The trend always ends.
