DislikedDont get me wrong, but MML, Fibos, etc are not even close
to precision of round numbers SRs. I proved that to myself
houndreds of times!Ignored
Yes.
A large part of my trading is based on psychological (i.e. round) numbers.
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
DislikedDont get me wrong, but MML, Fibos, etc are not even close
to precision of round numbers SRs. I proved that to myself
houndreds of times!Ignored
DislikedI have to say that i find VSA extremly confusing. I don't understand why the traders use, and post small time frames, when we are supposed i thought to be using larger time frames. I feel this is turning into a scalping thread.Ignored
DislikedI have to say that i find VSA extremly confusing. I don't understand why the traders use, and post small time frames, when we are supposed i thought to be using larger time frames. I feel this is turning into a scalping thread.Ignored
DislikedI have to say that i find VSA extremly confusing. I don't understand why the traders use, and post small time frames, when we are supposed i thought to be using larger time frames. I feel this is turning into a scalping thread.Ignored
DislikedYour charts appear too zoomed out.
I think the general theme is that you take what the very latest volume bar(s) are in relation to the few before it - whilst also paying attention to background weakness/strength.
In your 1-hour chart example, it seems too zoomed out. You have highlighted the peak volumes - but to me, they are only a small part of VSA. Also, I think the peak hourly volumes may be coinciding with news releases - that's something to watch out for.Ignored
DislikedI'm sure most people look at larger TF's as I do for direction/background.
Then use smaller TF's to pick entries.Ignored
DislikedShamus (and others),
How do you find the 1h and 4h with regard to volume?
I only look at volume on 15-min mostly. I find when I look at it on the hourly, I see it rising to a peak during Euro session, through to US session, and then dying down to a lull through Asia. And news seems to throw things off. Difficult to interperet bar to bar with such variance.
This is for E/J at least.
MagnusIgnored
DislikedI like the h1 as it encompasses the whole range of lower tf's in one candle. It's a quick snapshot.
I take a look at it at the start of each hour and flip back to it here and there to get a broader picture during the current candle as well.Ignored
DislikedShamus (and others),
How do you find the 1h and 4h with regard to volume?
I only look at volume on 15-min mostly. I find when I look at it on the hourly, I see it rising to a peak during Euro session, through to US session, and then dying down to a lull through Asia. And news seems to throw things off. Difficult to interperet bar to bar with such variance.
This is for E/J at least.
MagnusIgnored
Dislikedi had the same problem, that s why i wrote an indicator that really show me unsual volume (high or low). I calculate the average to compare it. you will fond it here http://www.forexfactory.com/showpost...postcount=1259
hope it helps.Ignored
DislikedI have been looking at ForexFlash's TickVolume indi since he posted it. I think it's a great indicator. The problem I have is that I never get the same info with it that others have posted. There is never the substantial difference between buyers and sellers on my charts that I've seen others post. I am using an IBFX live account, and I thought that it was one of the best with respect to volume data. Am I doing something wrong?Ignored