Trade Using VSA (Volume Spread Analysis) | Page 110 | 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)

  • #2,181
  • Jul 1, 2009 8:10am Jul 1, 2009 8:10am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting A-game
Damn im loving trading with vsa. Since starting trading with better volume, i havent had a bad day. I am having a problem exiting too early. Any advice on getting the most out of trades? I dont mind leaving some pips on the table, but ive been leaving a little too much imo. Ideas?

What I sometimes do is take 1/2 off at first resistance (or round-number, or whatever)... and leave the remaining to run run run run... lot's of small winner/losers/BEs... but eventually get onto a killer move!

In fact, since doing this, I've actually found that I hold on for what seems to be too long sometimes (which I deem as a good thing - easier to break than taking profits too quickly!).

You'll find your comfort level quicker this way I believe. You may find that you're not as comfortable with lots of small losses and occasional big winners after all. Or maybe both. Or neither!


Magnus
  • #2,182
  • Jul 1, 2009 8:16am Jul 1, 2009 8:16am
Quoting A-game
Damn im loving trading with vsa. Since starting trading with better volume, i havent had a bad day. I am having a problem exiting too early. Any advice on getting the most out of trades? I dont mind leaving some pips on the table, but ive been leaving a little too much imo. Ideas?
If you know when to inter in trade for both short and long.

then stay on desk untill trade is open.

if you are at long then wit for signel for short which should be your exit point.


  • #2,183
  • Jul 1, 2009 9:24am Jul 1, 2009 9:24am
Quoting A-game
Damn im loving trading with vsa. Since starting trading with better volume, i havent had a bad day. I am having a problem exiting too early. Any advice on getting the most out of trades? I dont mind leaving some pips on the table, but ive been leaving a little too much imo. Ideas?

I use trails, mml, or reversal signals vsa wise. Depends on what's going on atm, how much I am up, and whether it was a long term (d1 trade) or quickie scalp.
The trend always ends.
  • #2,184
  • Jul 1, 2009 12:52pm Jul 1, 2009 12:52pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY3MIN332.jpeg59.png Size: 203 KB
Blogging daily now at www.volume.zone
  • #2,185
  • Jul 1, 2009 1:06pm Jul 1, 2009 1:06pm
Quoting Yuppie
EUR/JPY.

5-min (or 15-min... or, well, almost any TF in this area).

Again, hindsight, but it's good for learning.

I don't have access to my usual number of screens currently so did not see this until well after.

I never commented on this chart. No need! This example is pure textbook stuff.

Note: the S/R level is a huge factor in this setup.


Magnus
Hi, Thanks for posting this. Is there any chance you could a short commentary on what you are seeing on each of the bars you have highlighted?

From left to right, on bar 1, I believe that's stopping volume. The bar to the left of it was fairly full, but on similar volume, we end up with a wide spread doji. That suggests buyers coming into the market.

I'm unsure about the second and third bars. On the second it looks like price got marked down, but price recovered on low volume - test bar?
Same for the third bar too perhaps?

Thanks
  • #2,186
  • Edited Jul 2, 2009 3:11am Jul 1, 2009 3:09pm | Edited Jul 2, 2009 3:11am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting daffy
Hi, Thanks for posting this. Is there any chance you could a short commentary on what you are seeing on each of the bars you have highlighted?

From left to right, on bar 1, I believe that's stopping volume. The bar to the left of it was fairly full, but on similar volume, we end up with a wide spread doji. That suggests buyers coming into the market.

I'm unsure about the second and third bars. On the second it looks like price got marked down, but price recovered on low volume - test bar?
Same for the third bar too perhaps?

Thanks

Sure thing daffy.

I know what I'm seeing when watching these things happening - but still unfamiliar with the correct terminology - so you'll have to live with that.

Also, I have a few things that are not strictly VSA - but really have to use them as they work out all the time and usually occur when there is nothing VSA-defined. This chart is a good example.

Yes, bar #1 is buyers coming in.

Candles #2 and #3 are telling the same story... low volume - in fact, lowest in quite a number of bars... and a very narrow range (whilst dropping slightly in price. These bars quite often form inside-bars (or Haramis for those who desire candlestick terminology).

So in this example I would be looking to enter long on a break of the high of either #2 or #3. I will also place my SL below the same bar - as you can see, the R:R can be huge.

I usually call candles #2 and #3 'no demand' - and they quite often are (narrow range and close in mid to high of candle). These are not technically No Supply. But you can still see what the market is telling you.

Hope this helps. Just shout again if not.


Magnus
  • #2,187
  • Jul 1, 2009 4:23pm Jul 1, 2009 4:23pm
brent oil futures double top with no demand on daily at 71. stops at 74

$40 here we come baby
Blogging daily now at www.volume.zone
  • #2,188
  • Jul 1, 2009 4:37pm Jul 1, 2009 4:37pm
Anyone using Ninja Trader with Esignal feed? I am fooling around the Esignal and NT charts just to see what they can do... C/O this chart has volume and volume zones. kinda cool, now if I could figure out what it all means I will be ok.
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPJPY 7_1_2009 (15 Min).jpg Size: 145 KB
  • #2,189
  • Jul 1, 2009 6:50pm Jul 1, 2009 6:50pm
Quoting MykeFX
Anyone using Ninja Trader with Esignal feed? I am fooling around the Esignal and NT charts just to see what they can do... C/O this chart has volume and volume zones. kinda cool, now if I could figure out what it all means I will be ok.
LOL
  • #2,190
  • Jul 1, 2009 11:43pm Jul 1, 2009 11:43pm
Are there any indicators here that will give alert for market top or bottom or stopping/absorption volume ? can't seem to find one.
  • #2,191
  • Jul 2, 2009 12:50am Jul 2, 2009 12:50am
Quoting Yuppie
Sure thing daffy.

I know what I'm seeing when watching these things happening - but still unfamiliar with the correct terminology - so you'll have to live with that.

Also, I have a few things that are not strictly VSA - but really have to use them as they work out all the time and usually occur when there is nothing VSA-defined. This chart is a good example.

Yes, bar #1 is buyers coming in.

Candles #2 and #3 are telling the same story... low volume - in fact, lowest in quite a number of bars... and a very narrow range (whilst dropping slightly...
That helped greatly, thanks Yuppie!
  • #2,192
  • Jul 2, 2009 2:55am Jul 2, 2009 2:55am
Hi Yuppie,

in Your example bars #2 and #3 are NOT no demand, because You have seen Strenght in background on #1 bar ?

Please, comment.

Thank You.

Kind regards,
Tom


Quoting Yuppie
Sure thing daffy.

I know what I'm seeing when watching these things happening - but still unfamiliar with the correct terminology - so you'll have to live with that.

Also, I have a few things that are not strictly VSA - but really have to use them as they work out all the time and usually occur when there is nothing VSA-defined. This chart is a good example.

Yes, bar #1 is buyers coming in.

Candles #2 and #3 are telling the same story... low volume - in fact, lowest in quite a number of bars... and a very narrow range (whilst dropping slightly...
  • #2,193
  • Jul 2, 2009 3:16am Jul 2, 2009 3:16am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting tfflyer
Hi Yuppie,

in Your example bars #2 and #3 are NOT no demand, because You have seen Strenght in background on #1 bar ?

Please, comment.

Thank You.

Kind regards,
Tom

Cheers Tom.

It's not the first time it's been pointed out to me on this thread - I get them mixed up the whole freakin' time...

I've edited my post now.

Even though I keep saying 'no demand' or 'no supply' when I mean the opposite in each case... I know what I'm looking at and that I am looking for it to go up or down respectively.

Basic error - not a fundamental misunderstanding of VSA (well, I hope not!)...


Magnus
  • #2,194
  • Jul 2, 2009 1:02pm Jul 2, 2009 1:02pm
Too much fun............
Happy 4th of july.....
Attached Image (click to enlarge)
Click to Enlarge Name: accu2.gif Size: 75 KB
  • #2,195
  • Jul 2, 2009 8:18pm Jul 2, 2009 8:18pm
Quoting taomql4
Too much fun............
Happy 4th of july.....
Tao, I like how you trade so effortlessly, almost habitual like shaving every morning..amazing Happy 4th buddy and stay away from the red meat>>mad cow is out again!!
Attached Image (click to enlarge)
Click to Enlarge Name: cow_1024.jpg Size: 438 KB
{Promotion Removed}
  • #2,196
  • Jul 2, 2009 8:36pm Jul 2, 2009 8:36pm
Quoting taomql4
Too much fun............
Happy 4th of july.....
What are the differences between the 2 volume indicators?
  • #2,197
  • Jul 2, 2009 10:46pm Jul 2, 2009 10:46pm
Quoting pipsr4kids
Tao, I like how you trade so effortlessly, almost habitual like shaving every morning..amazing Happy 4th buddy and stay away from the red meat>>mad cow is out again!!
I literally sleep on VSA pdf files:nerd:..LOL..volume bars show up in my dreams
i truly feel sorry for those still occupied with other
systems out there--Everything goes through SM's, no
matter what system you use, So why not just be a VSAer.
BTW, is that a Word..lol

Dude,that Pic scared the hell out of me...
  • #2,198
  • Jul 2, 2009 10:52pm Jul 2, 2009 10:52pm
Quoting taomql4
I literally sleep on VSA pdf files:nerd:..LOL..volume bars show up in my dreams
i truly feel sorry for those still occupied with other
systems out there--Everything goes through SM's, no
matter what system you use, So why not just be a VSAer.
BTW, is that a Word..lol

Dude,that Pic scared the hell out of me...
yeh that pic is crazy, makes me think twice about what's on my plate emm..cow tongue is a delicacy is middle eastern countries and africa
{Promotion Removed}
  • #2,199
  • Jul 2, 2009 11:29pm Jul 2, 2009 11:29pm
Quoting gbppip
What are the differences between the 2 volume indicators?
--

i don't really know--1.1/1.4--i just know the old better vol. rules-
Don't think Tom williams would care about that really..
but you can look it up on the attachment holder to
see when the update was released and why..if you
insist ...

k..am out..Nice holiday....
  • #2,200
  • Jul 3, 2009 3:50am Jul 3, 2009 3:50am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Dear VSA-devotees...

I would most welcome your thoughts on the attached chart.


Specifically:

The last highlighted bar.
It's position.
It's volume.
The No-Demand that occurred before it (was it a valid No-Demand with the buyers coming in a few bars prior??)


Regards,

Magnus
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-07-03-ftsedax_7.gif Size: 29 KB
12 traders viewing now