I hope you guys are long GJ
forexflash
Trade Using VSA (Volume Spread Analysis)
- #1,282
- May 12, 2009 10:00am May 12, 2009 10:00am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
- #1,284
- May 12, 2009 10:03am May 12, 2009 10:03am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
- #1,285
- May 12, 2009 10:07am May 12, 2009 10:07am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
- #1,286
- May 12, 2009 10:12am May 12, 2009 10:12am
- | Commercial User | Joined Jan 2009 | 1,815 Posts
The trend always ends.
- #1,287
- May 12, 2009 10:13am May 12, 2009 10:13am
Would anyone know why the latest VSA indicators posted by flash would cause my MT4 platform to crash ? Thanks.
Tao thanks for all your explanations and the charts.They are mostly appreciated.Don't mine that gate crasher
,that is the ignore man.Care less for him.If he has ignored you thousand appreciate your postings.They have been beneficial.aje6767
- #1,288
- May 12, 2009 10:23am May 12, 2009 10:23am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
- #1,289
- May 12, 2009 10:57am May 12, 2009 10:57am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
- #1,291
- May 12, 2009 11:09am May 12, 2009 11:09am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
i say this way 
- #1,293
- May 12, 2009 1:20pm May 12, 2009 1:20pm
listen volume is rubbish .. it does not work , forex is decentralized ... those that use volume are air heads and gamblers
To people who say that VSA can only be applicable to stocks:
Yes, currency market is decentralised "Over The Counter" market, as opposed to for example Stock market, which has a designated "central" trading place in the form of LSE or NYSE, etc. The problem is how people perceive the meaning of "decentralised" and associate it with "unregulated" as in "it can go up, down or range, cause the market is huge, deep and unpredictable". On the contrary it is very much regulated... But because it is OTC the regulation processes are hidden from the general public. The central banks, which control this market do it via a small "club" of investment banks, who in turn act as market makers on the interbank market. I quote from a financial professional manual, which I owe from my past life:
"The Foreign Exchange Market
Market Structure and Participants
The Users: There are a number of participants in the market, but central to the market itself are the market makers. A small group of the very largest international banks form the dominant group within the market makers[/b]. This select group with their worldwide operations can exert a significant influence on market prices through their interpretation and reaction to events."
The bold is mine. Now... I think many people know this and I am not "inventing a bycicle" here. Just think about it... How do they "make the market"? By reading tea leaves? What I want to say is Tom Williams VSA can be directly applied to forex markets. You just have to think BIG... And yes, the information on the volume of forex transactions is guarded very closely, not because they are worried about you and me, as we are not even "weak holders" in this game.
- #1,294
- May 12, 2009 1:42pm May 12, 2009 1:42pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #1,296
- May 12, 2009 11:49pm May 12, 2009 11:49pm
- Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
- #1,297
- May 12, 2009 11:52pm May 12, 2009 11:52pm
- | Commercial User | Joined Jan 2009 | 1,815 Posts
Big Thank you to Shamus for starting this thread, and to you Malcomb for sharing your knowledge on the subject. It is priceless information for anyone attempting to trade currencies.
To people who say that VSA can only be applicable to stocks:
Yes, currency market is decentralised "Over The Counter" market, as opposed to for example Stock market, which has a designated "central" trading place in the form of LSE or NYSE, etc. The problem is how people perceive the meaning of "decentralised" and associate it with "unregulated" as in "it...
Well said and welcome.
The trend always ends.
- #1,298
- May 13, 2009 12:07am May 13, 2009 12:07am
- | Commercial User | Joined Jan 2009 | 1,815 Posts
No demand.
No demand.
Thrust.
Excellent trade if you took it.
The trend always ends.
- #1,299
- May 13, 2009 12:10am May 13, 2009 12:10am
- Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Excellent trade if you took it.
Not confident enough with trading volume yet... but yeah, damn, this stuff works!...
- #1,300
- May 13, 2009 12:20am May 13, 2009 12:20am
- | Commercial User | Joined Jan 2009 | 1,815 Posts
Not confident enough with trading volume yet... but yeah, damn, this stuff works!...
Indeed. It was an excellent observation.
The trend always ends.