Trade Using VSA (Volume Spread Analysis) | Page 128 | 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)

  • #2,541
  • Jul 31, 2009 9:38am Jul 31, 2009 9:38am
Quoting malcolmb14
mission to trap bulls. .. looks like upthrust to me today
probably a correction on the 1 hr accu--don't think they can distribut.
that quickly coming out of a markup.

the bulls got their perfect excuse this morning on GDP
Attached Image (click to enlarge)
Click to Enlarge Name: dowj.gif Size: 61 KB
  • #2,542
  • Jul 31, 2009 9:44am Jul 31, 2009 9:44am
Quoting taomql4
probably a correction on the 1 hr accu--don't think they can distribut.
that quickly coming out of a markup.

the bulls got their perfect excuse this morning on GDP
each day as it comes .. shorted es off high yesterday closed 980

best July in 20 years is what news is saying .... I guess everything is just great .. I smell one big fat bull trap .... and everyone is falling for it

Attached Image (click to enlarge)
Click to Enlarge Name: chart135.png Size: 165 KB
Blogging daily now at www.volume.zone
  • #2,543
  • Jul 31, 2009 10:56am Jul 31, 2009 10:56am
Its interesting o see as GDP good for USD, but on charts its showing something different ha ha Like it DOESNT strenght USD.

Mal - is that what the Trap is ?

B,
Tom
  • #2,544
  • Jul 31, 2009 11:26am Jul 31, 2009 11:26am
Quoting tfflyer
Its interesting o see as GDP good for USD, but on charts its showing something different ha ha Like it DOESNT strenght USD.

Mal - is that what the Trap is ?

B,
Tom

tom now quiet sure what is going on with GBP .. am annoyed was long EU closed for 25 pip ..lol ...

my goal these days is a nice steady 30 pip a day , day over day, I have been finding spending to much time in the markets makes my mind less sharp.

i was trading with a game yesterday on skype we snagged 60 pi on under an hour.

30 pip a day , 2.5% risk (50 pip stop )...typically close if not in profit 2 x 5 min bars, 2 k to 2.5 mill 30 months. I am on month 18
Blogging daily now at www.volume.zone
  • #2,545
  • Jul 31, 2009 11:52am Jul 31, 2009 11:52am
That interesting - closing trade if not in profit in 2 x 5 min candles (including entry ( 1st 5 min bar )? )

Are You using tp 30 for the day and SL 50 pips for the day ?

Thank You.


B,
Tom
  • #2,546
  • Jul 31, 2009 12:24pm Jul 31, 2009 12:24pm
Quoting tfflyer
That interesting - closing trade if not in profit in 2 x 5 min candles (including entry ( 1st 5 min bar )? )

Are You using tp 30 for the day and SL 50 pips for the day ?

Thank You.


B,
Tom

tom yes ... in VSA if you are right you get profit almost right away. . For example if you have stopping volume and then go long above high of 3 min cdnel but price just hangs there then more often than not the stopping volume is not ready to push market up .

stops of 50 pips are more to protect against tankage or ripping up than for me to wait to get stopped out.

I would rather take little hit 20 pips and wait for next trade than wait for stop to be hit. 20 pip very easy to recover from
Blogging daily now at www.volume.zone
  • #2,547
  • Jul 31, 2009 12:29pm Jul 31, 2009 12:29pm
here are kinds of trades I have been looking for .. not knock them out the park but nice steady pips

in order to make 10 % on account with 2.5 risk I need only 200 pips per week. In fact I really want 30 pip per day , VERY easy if patient. Rome weas not built in a day

BY year three you are a very proficient trader , with 2.5 mill in bank ....trading 50 lots per day with 30 pip = 15 k per day

now who does not like that !!

the other beauty is typically , if you trade at right times .. you can do 30 pip in less then 1,5 hours . Imaginme 15 k in 1.5 hours pper day .... where else other than trading can you do that ( well that is legal anyway)

Attached Image (click to enlarge)
Click to Enlarge Name: ym583.png Size: 100 KB
Blogging daily now at www.volume.zone
  • #2,548
  • Jul 31, 2009 12:35pm Jul 31, 2009 12:35pm
40 and 20 gu yesterday

Attached Image (click to enlarge)
Click to Enlarge Name: ym584.png Size: 125 KB
Blogging daily now at www.volume.zone
  • #2,549
  • Jul 31, 2009 12:42pm Jul 31, 2009 12:42pm
Does anyone have the better volume indicator with a sound alert on the different colored bars???

Copi I saw you were looking for one a while back. Did you find it?

Thanks in advance.
  • #2,550
  • Jul 31, 2009 12:52pm Jul 31, 2009 12:52pm
Quoting malcolmb14
tom now quiet sure what is going on with GBP .. am annoyed was long EU closed for 25 pip ..lol ...

my goal these days is a nice steady 30 pip a day , day over day, I have been finding spending to much time in the markets makes my mind less sharp.

i was trading with a game yesterday on skype we snagged 60 pi on under an hour.

30 pip a day , 2.5% risk (50 pip stop )...typically close if not in profit 2 x 5 min bars, 2 k to 2.5 mill 30 months. I am on month 18

Im still in shock. My main objective now is to become proficient in vsa. I deleted all the other indi's off my chart. I have banned myself from using any other tools accept trendlines and s/r until i get this. Got volume?
Attached Image (click to enlarge)
Click to Enlarge Name: volume1.jpg Size: 90 KB
  • #2,551
  • Jul 31, 2009 12:58pm Jul 31, 2009 12:58pm
Quoting A-game
Im still in shock. My main objective now is to become proficient in vsa. I deleted all the other indi's off my chart. I have banned myself from using any other tools accept trendlines and s/r until i get this. Got volume?

hope you enjoyed skype session yesterday ....

if you can put two bucks / copis market profileo n charts .. it will give you nice lines to work around

Attached Image (click to enlarge)
Click to Enlarge Name: ym585.png Size: 137 KB
Blogging daily now at www.volume.zone
  • #2,552
  • Jul 31, 2009 1:01pm Jul 31, 2009 1:01pm
Quoting malcolmb14
each day as it comes .. shorted es off high yesterday closed 980

best July in 20 years is what news is saying .... I guess everything is just great .. I smell one big fat bull trap .... and everyone is falling for it

Attachment

hehe, no worries, reversal is official now:

Obama announced that the recession is over.
Attached Image (click to enlarge)
Click to Enlarge Name: recession.jpg Size: 32 KB
  • #2,553
  • Jul 31, 2009 1:04pm Jul 31, 2009 1:04pm
Quoting lumesh
hehe, no worries, reversal is official now:

Obama announced that the recession is over.

yup over ..... tell that to the poor guys in US wondering where thier next meal is coming from cause they cannot find a job. and for that matter in the UK ..

sigh ..this looks like 'OIL GOING TO 200 ' statement

I give up .. I am in scalping mode .. 3 min charts...who cares where market goes as long as volatility remains
Blogging daily now at www.volume.zone
  • #2,554
  • Jul 31, 2009 1:11pm Jul 31, 2009 1:11pm
Quoting Shamus
I've not been around much as TwoBuckChuck and myself are putting the finishing touches on the VSA trainer system... That said I just wanted to pop in quick to say this was an excellent post Copi. Thanks for the links and your excellent explanation on how to approach trading using some of these other time tested methods with VSA at the base.

Hey Shamus,

VSA trainer system sounds very interesting, would appreciate more info about it when you are ready to roll it out...
  • #2,555
  • Jul 31, 2009 1:20pm Jul 31, 2009 1:20pm
Quoting malcolmb14
hope you enjoyed skype session yesterday ....

if you can put two bucks / copis market profileo n charts .. it will give you nice lines to work around

Attachment

It was great Malcolm thanks alot but it made me realize i gotta read MTM another 20 times or so lol
  • #2,556
  • Jul 31, 2009 1:21pm Jul 31, 2009 1:21pm
Quoting taomql4
Funny thing is i cant use another system without lookin
for vsa setups-lol-or confirming signals with vsa setups--
in short---i can't trust any signal(even if i see MTF buy/sell arrow) without VSA confirming it--
so why not master it------
I can appreciate what you are saying. I've only been trading 9 months or so and I probably need to get proficient in the 2 methods I'm using now, before adding a 3rd. I may have 1 too many methods for being a noob, but I'm on daily & 4 hr time frames.

Sounds like VSA is working for lots of folks, I just don't want to get in the system hopping game. It does sounds like from what are you saying that VSA is used as a confirmation method on top of what you already use. With the James16 method it is a lot of price rejection reversal type trading and maybe VSA can help provide a stronger signal on which reversals are strong and which are weak?

I'm still trying to find out what type of trader I am and what will suit me the best.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #2,557
  • Jul 31, 2009 1:27pm Jul 31, 2009 1:27pm
Quoting LasVahGoose
I can appreciate what you are saying. I've only been trading 9 months or so and I probably need to get proficient in the 2 methods I'm using now, before adding a 3rd. I may have 1 too many methods for being a noob, but I'm on daily & 4 hr time frames.

Sounds like VSA is working for lots of folks, I just don't want to get in the system hopping game. It does sounds like from what are you saying that VSA is used as a confirmation method on top of what you already use.

I'm still trying to find out what type of trader I am and what will suit me the...

trust me .... I have been trading VSA 18 months .... wow what a differecne . Before VSA I struggled for 5 years to break even each year. ALL other systems are lagging . With vsa you can can get pin point accuracy on entries. since finding vsa 2 k to 6 figures.....
Blogging daily now at www.volume.zone
  • #2,558
  • Jul 31, 2009 1:29pm Jul 31, 2009 1:29pm
Quoting malcolmb14
trust me .... I have been trading VSA 18 months .... wow what a differecne . Before VSA I struggled for 5 years to break even each year. ALL other systems are lagging . With vsa you can can get pin point accuracy on entries. since finding vsa 2 k to 6 figures.....
That is pretty impressive, sounds like you found a method that fits you perfect. What type of methods where you trading the last 5 years, if you don't mind saying?
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #2,559
  • Jul 31, 2009 1:36pm Jul 31, 2009 1:36pm
Quoting LasVahGoose
That is pretty impressive, sounds like you found a method that fits you perfect.

fits everything ....

vsa is unreal .... stocks , futures , fx etc . EVERYTHING else out there is lagging

I use 2 things .... vsa and volume histogram . Learning to read volume related to price is like reading a book .....

the beauty of vsa is you know almost instantly if trade is going to work or not

here was an easy 40 pip trade last night in asai on treble bottom ... very simple .. took time to form so one had time to study price action , could have gone 10% risk on this one .. almost to easy lol

Attached Image (click to enlarge)
Click to Enlarge Name: ym586.png Size: 163 KB
Blogging daily now at www.volume.zone
  • #2,560
  • Jul 31, 2009 1:38pm Jul 31, 2009 1:38pm
i posted this in gj thread .... i made 100 ppip off the long

classic mark down

Attached Image (click to enlarge)
Click to Enlarge Name: ym587.png Size: 145 KB
Blogging daily now at www.volume.zone
0 traders viewing now