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  • #1,921
  • Jun 19, 2009 12:56pm Jun 19, 2009 12:56pm
I have noticed that you are using B.V. 1.1.
Is there a reason why you are not using 1.4?
Also, Could you post 1.1 & tell me what setting you are using?

There seems to be ALOT of difference between your charts & mine.
It might be the different broker thing, but I would like to see for myself.


Thanks for the help.
I trade what I see on my charts. Do Not listen to the Muppets.
  • #1,922
  • Jun 19, 2009 12:58pm Jun 19, 2009 12:58pm
Thanks for your help Malcolm

Quoting malcolmb14
top window candles and murrey math lines

middle window better volume indicator

bottom window rsx (rarely use it these day , could take off charts)

how to use them all priceless .. for everything else there is master card.

read the thread ... 1st page is critical. gte hands on master the markets by tom williams. Throw away bible at side of bed and reaplce with Master the markets. Read once a week. I will be reading some of mine again this week

put forexflash on ignore for a while and then you will get thru all the indie stuff quickly....
  • #1,923
  • Jun 19, 2009 1:13pm Jun 19, 2009 1:13pm
See malcolmb am slowing giving up the circles, just like quitting smoking,these things are difficult --but i will get there--and yeah, you really need to update to Bv 1.4 ---i laugh everytime i see you using the Bv1.1==that is so old schoool..lol--bet you will never give it up.....
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  • #1,924
  • Jun 19, 2009 1:18pm Jun 19, 2009 1:18pm
Quoting taomql4
See malcolmb am slowing giving up the circles--and yeah, you really need to update to Bv 1.4 ---i laugh everytime i see you using the Bv1.1==that is so old schoool..lol--bet you will never give it up.....

i use esignal , had better volume prgrammed for that , using version 1.1 , seems to work ok.

what is so great about version 1.4 ? what are differences ?

.
Blogging daily now at www.volume.zone
  • #1,925
  • Jun 19, 2009 1:28pm Jun 19, 2009 1:28pm
Quoting malcolmb14
i use esignal , had better volume prgrammed for that , using version 1.1 , seems to work ok.

what is so great about version 1.4 ? what are differences ?

.
But, if you would respond to my request at the top of the page, I would be grateful.
I trade what I see on my charts. Do Not listen to the Muppets.
  • #1,926
  • Jun 19, 2009 1:29pm Jun 19, 2009 1:29pm
Quoting taomql4
See malcolmb am slowing giving up the circles, just like quitting smoking,these things are difficult --but i will get there--and yeah, you really need to update to Bv 1.4 ---i laugh everytime i see you using the Bv1.1==that is so old schoool..lol--bet you will never give it up.....
today and gj ..

red line is upper value area of yesterday. 158.5 ... this always form support and is hard to break form upside unless pair is very bullish

price in range 158.5 to 159 . Very nice trading range

going to try next week without rsx ....could be grumpy like a smoker giving upo smoking !!

Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #1,927
  • Jun 19, 2009 1:59pm Jun 19, 2009 1:59pm
Mal,

Send you a PM about voice/screen sharing.

Cheers,
MB
  • #1,928
  • Jun 19, 2009 3:04pm Jun 19, 2009 3:04pm
Quoting malcolmb14
I been asked by a couple of people on irc to show some live set ups as they happen .

If someone can provide me with a free method for voice and screen activation so i can show you my charts in LIVE market conditions.
I offer to spend 2 - 3 hours a week one morning in US session showing some LIVE trade set ups. Something that I do not need to be a computer guru to set up.

for this the one time offer of only $5000 per head .. lol ... just kidding

I expect nothing before I am accused of selling something. This is something i am throwing out...

It's a good idea and I can set it up easily (I am something of a computer guru lol)

We can get it setup on Sunday via chat or Monday whichever is best for you.
The trend always ends.
  • #1,929
  • Jun 19, 2009 3:44pm Jun 19, 2009 3:44pm
Quoting malcolmb14
today and gj ..

red line is upper value area of yesterday. 158.5 ... this always form support and is hard to break form upside unless pair is very bullish

price in range 158.5 to 159 . Very nice trading range

going to try next week without rsx ....could be grumpy like a smoker giving upo smoking !!

Attachment
Malcolmb, thanks for your charts! They are really educational and I think most of us learn as much from you as we do from MTM. I'm looking forward to your video broadcast if you decide to do it.

On the bar after the one you marked "sellers off of VWAP," I would have probably thought it was a low volume test. Is there anyway I can avoid this mistake? What made you know it was sellers and not strong buying volume?

Thanks for your help.

Cory
  • #1,930
  • Jun 19, 2009 5:27pm Jun 19, 2009 5:27pm
we shall build Mal a small monument!!!


Quoting ShamusFamous
It's a good idea and I can set it up easily (I am something of a computer guru lol)

We can get it setup on Sunday via chat or Monday whichever is best for you.
  • #1,931
  • Jun 19, 2009 7:39pm Jun 19, 2009 7:39pm
Quoting Cbh123
Malcolmb, thanks for your charts! They are really educational and I think most of us learn as much from you as we do from MTM. I'm looking forward to your video broadcast if you decide to do it.

On the bar after the one you marked "sellers off of VWAP," I would have probably thought it was a low volume test. Is there anyway I can avoid this mistake? What made you know it was sellers and not strong buying volume?

Thanks for your help.

Cory

well in reality it was late Friday afternoon coming into close and anything could happen , so I did not trade that one. The high vol up candle into vwap with no result was sign sellers , and you are right there was a low vol test after that.
Blogging daily now at www.volume.zone
  • #1,932
  • Jun 19, 2009 8:10pm Jun 19, 2009 8:10pm
Hello Malcolmb14

Thanks a lot for this idea of doing some live trades setup to show people how you approach markets by using vsa principles.

That will be very much interesting for any people seriously interested into VSA as I really see you as a great expert on the matters and really love your posts and charts.

BTW ShamusFamous, are you going to post the link for people to know where to go to assist to that presentation of Malcolmb14?

Thanks so much in advance for that Malcolmb14 and ShamusFamous

Great idea

Shreem
  • #1,933
  • Jun 19, 2009 8:23pm Jun 19, 2009 8:23pm
Quoting malcolmb14
today and gj ..

red line is upper value area of yesterday. 158.5 ... this always form support and is hard to break form upside unless pair is very bullish

price in range 158.5 to 159 . Very nice trading range

going to try next week without rsx ....could be grumpy like a smoker giving upo smoking !!

Attachment

Hello Malcolmb14

Thanks for your explanations and chart. i have a question for you. To calculate your market profile lines of POC, VAH and VAL of yesterday in esignal, what is the starting time that MP use to build the profile itself and the 3 lines?

Reason i ask is that i have mine calculated from 00:00est to 00:00est for the previous day and my POC was at 157.81, VAH at 158.22 and VAL at 156.40.

Really interested to know what are the time of yours so that you arrived at those numbers. Maybe i should not use 00:00am est to 00:00am est to calculate my lines.

Thanks a lot in advance

Shreem
  • #1,934
  • Jun 20, 2009 6:54am Jun 20, 2009 6:54am
Here are charts from FxPro and IBFX...Which one is correct? Then what is use of BV if there is false information? Can someone confirm which one is correct with esignal as reference?
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The Market pays you to be disciplined
  • #1,935
  • Jun 20, 2009 7:35am Jun 20, 2009 7:35am
Quoting mima
Here are charts from FxPro and IBFX...Which one is correct? Then what is use of BV if there is false information? Can someone confirm which one is correct with esignal as reference?
mima,

BV uses the normal volume you get from the broker; its utility is only to paint the bars, in a way to assist you classifying those bars - but of course, if you have wrong volume, BV won't save you.

About the 2 charts you've posted... I would risk saying none is correct.
Not that I have esignal, but I've been compairing my demo with the posted esignal charts, and I find them accurate (and mine don't resemble yours, so...);

But I don't think compairing weekly charts is the better way to go... intraday charts would be better, because there can be brokers that had worse volume feed before, and a similar to esignal now, or vice-versa - and with intraday chart, we can see which is more correct in the present, while with weekly, there can be past mistakes reflected in it.

Finally, I would advise you to go and try to download ibfx demo again, and try to select the 4 digit feed version;
I had a 5 digit one before, as you do, and found it to be irregular (apparently 5 digit feed versions have very different volume... different from 4 digit one, and from esignal);

Since I use the 4 digit one, I find it very close to esignal.
  • #1,936
  • Jun 20, 2009 8:02am Jun 20, 2009 8:02am
Quoting shreem
Hello Malcolmb14

Thanks for your explanations and chart. i have a question for you. To calculate your market profile lines of POC, VAH and VAL of yesterday in esignal, what is the starting time that MP use to build the profile itself and the 3 lines?

Reason i ask is that i have mine calculated from 00:00est to 00:00est for the previous day and my POC was at 157.81, VAH at 158.22 and VAL at 156.40.

Really interested to know what are the time of yours so that you arrived at those numbers. Maybe i should not use 00:00am est to 00:00am est to...
I use midnight my time (pst). or start of London session
Blogging daily now at www.volume.zone
  • #1,937
  • Jun 20, 2009 8:07am Jun 20, 2009 8:07am
Quoting mima
Here are charts from FxPro and IBFX...Which one is correct? Then what is use of BV if there is false information? Can someone confirm which one is correct with esignal as reference?

ok best info is esignal 300 data srouces. evene between that and ibfx there are sometimes very clear signals that show up on esignl that do not show up on ibfx. , however most of the time they are about the same.

Anyother mt4 brokers looking at their volume is a waste of time. In others words do not take any note of fxpro chart.

This is becausde ibfx is interbank feeds , whereas fxpro is just broker feed for fxpro and not represtnatvie of the market as a whole
Blogging daily now at www.volume.zone
  • #1,938
  • Jun 20, 2009 8:43am Jun 20, 2009 8:43am
here is my thought on week ahead

http://www.forexfactory.com/showpost...stcount=182725

this is a long post and covers all aspects of the markets with dollar index , dj , gj , eu and gu

the basics of it are that the trend on dj will continue down, the dollar index if that 4 hour stopping volume plays out will move up , bearish fo gu . Gu test 1.6600 and eu down as long as utl holds.

If the charts play out minimum targets are shown on the charts and are :

500 pip gj ,
250 - 400 gu
and 200 - 400 eu

should be a fun week ahead

now these charts could be completely wrong as these trade set ups look almost to easy . I will be watching the tops to form London / US on Monday
Blogging daily now at www.volume.zone
  • #1,939
  • Jun 20, 2009 8:46am Jun 20, 2009 8:46am
Quoting malcolmb14

what is so great about version 1.4 ? what are differences ?

.
I found B.V. 1.1 & did the compairsion I wanted.
B.V 1.4 is better.

Thanks anyways.
I trade what I see on my charts. Do Not listen to the Muppets.
  • #1,940
  • Jun 20, 2009 9:07am Jun 20, 2009 9:07am
Quoting Vanhook2
I found B.V. 1.1 & did the compairsion I wanted.
B.V 1.4 is better.

Thanks anyways.

sorry forgot to post that for you
Blogging daily now at www.volume.zone
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