Trade Using VSA (Volume Spread Analysis) | Page 132 | 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)

  • #2,621
  • Aug 7, 2009 2:30am Aug 7, 2009 2:30am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
DAX.

1-min.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-08-07-AX_19.gif Size: 18 KB
  • #2,622
  • Aug 7, 2009 3:20am Aug 7, 2009 3:20am
Quoting malcolmb14
did you see title of this forum ? vsa ?

I think the chart with pretty arrow forum is else where ...

sure hope you ahd stop on that gu buy order 1.6600 here we come
Down to weekly pivot and 62% retrace from 30 July low, big call.

Struggling at present with 30 June high 6743, just below we have weekly M3 and then M M3 (6733 and 6721), then 50% fib at 6690 (30 Jul low).

An awful lot to break through, as usual watching your calls with great interest.
  • #2,623
  • Aug 7, 2009 3:28am Aug 7, 2009 3:28am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
DAX (again).

1-min (again).
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-08-07-AX_29.gif Size: 18 KB
  • #2,624
  • Aug 7, 2009 4:49am Aug 7, 2009 4:49am
right now i see buyers on GY as well as GU...am i wrong ?

at least a temporary buy.
  • #2,625
  • Aug 7, 2009 4:55am Aug 7, 2009 4:55am
Quoting Yuppie
DAX (again).
1-min (again).
Hello, Yuppie. I need your input for last 2 charts you've posted (DAX).
So the question is about No Supply.

On your first chart (of last two, I mean) you've highlighted as No Supply bar this bar: down bar (black on your chart), volume less than last 2 bars, close is about middle. This is the classic No Supply - marketmakers push the price downward to test for sellers, but no reaction was thus low volume. And we looking for long after that.

But on your very last chart you've highlighted as No Supply this: up bar (white on your chart), volume is less than last 2. So the action behind the bar is that price is going slightly up, but there's no interest in this thus the volume is low.

How to read your last chart in right VSA relation?
  • #2,626
  • Aug 7, 2009 4:59am Aug 7, 2009 4:59am
Hi Yuppie,

i wanted to ask You a question about no supply bars:

In this Your last post You call no supply bars UP bars with low volume - i have seen also the same on Your other posts.

I tough that no supply is down bar with low volume.

Please, comment.

Thanks.

Best,
Tom


Quoting Yuppie
DAX (again).

1-min (again).
  • #2,627
  • Aug 7, 2009 5:44am Aug 7, 2009 5:44am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Dael
Hello, Yuppie. I need your input for last 2 charts you've posted (DAX).
So the question is about No Supply.

On your first chart (of last two, I mean) you've highlighted as No Supply bar this bar: down bar (black on your chart), volume less than last 2 bars, close is about middle. This is the classic No Supply - marketmakers push the price downward to test for sellers, but no reaction was thus low volume. And we looking for long after that.

But on your very last chart you've highlighted as No Supply this: up bar (white on your chart),...
Quoting tfflyer
Hi Yuppie,

i wanted to ask You a question about no supply bars:

In this Your last post You call no supply bars UP bars with low volume - i have seen also the same on Your other posts.

I tough that no supply is down bar with low volume.

Please, comment.

Thanks.

Best,
Tom

Both Dael and Tom have pointed out the same thing on my charts.

Yes, I believe it should not close as an up-bar for it to be an official No Supply.

It's just terminology and I'm really bad at trying to remember proper terms. I know what I'm seeing though.

So as not to confuse, I'll do my best not to use proper VSA terms. I have incorrectly named so many bars in this thread it's becoming dull...

From my many hours of (but still perhaps limited) experience with VSA I've observed that little details such as if a bar closes up or down become very insignificant. It's the bigger picture that matters.

Hope this clears things up guys.


Magnus
  • #2,628
  • Aug 7, 2009 6:08am Aug 7, 2009 6:08am
Quoting Yuppie
From my many hours of (but still perhaps limited) experience with VSA I've observed that little details such as if a bar closes up or down become very insignificant. It's the bigger picture that matters.
Well, I wrote my post not to mention your errors, but to know why would you go long on that "no supply" bars. The main reason I guess is in wide range bars with high volume meaning the demand coming in. Yeah?
  • #2,629
  • Aug 7, 2009 6:12am Aug 7, 2009 6:12am
Just for fun picture.
Compare Yuppie's light and easy to read charts with this monster I've found on another forum. VSA is cool.
Attached Image (click to enlarge)
Click to Enlarge Name: ucecxwpb.gif Size: 116 KB
  • #2,630
  • Aug 7, 2009 6:30am Aug 7, 2009 6:30am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Dael
Well, I wrote my post not to mention your errors, but to know why would you go long on that "no supply" bars. The main reason I guess is in wide range bars with high volume meaning the demand coming in. Yeah?

No, that's not quite right.

Bigger money buys into weakness (i.e. down-bars)... but you have to watch what the bars are doing and how much volume. Where is the close in relation to where the low reached, etc.

Observing what happens and making your own conclusions is best here.


Magnus
  • #2,631
  • Aug 7, 2009 6:31am Aug 7, 2009 6:31am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Dael
Just for fun picture.
Compare Yuppie's light and easy to read charts with this monster I've found on another forum. VSA is cool.

Feeling a bit...

But hey, if it increases the P&L, use it!!
  • #2,632
  • Aug 7, 2009 6:33am Aug 7, 2009 6:33am
HAHA. Yeah... I prefer Yuppie's as well.
The trend always ends.
  • #2,633
  • Aug 7, 2009 6:35am Aug 7, 2009 6:35am
Quoting Yuppie
Both Dael and Tom have pointed out the same thing on my charts.

Yes, I believe it should not close as an up-bar for it to be an official No Supply.

It's just terminology and I'm really bad at trying to remember proper terms. I know what I'm seeing though.

So as not to confuse, I'll do my best not to use proper VSA terms. I have incorrectly named so many bars in this thread it's becoming dull...

From my many hours of (but still perhaps limited) experience with VSA I've observed that little details such as if a bar closes up...
I've seen Eiger off TradersLabatory call those 'hidden tests'. A few weeks back Maxx noted in the VSA chatroom that it's important to view the semantics of the bar, and not just the rigid definition of it. The way I have started viewing bars like that, is that it opened in the middle, and price must have moved lower, before moving up and beyond the open to closer higher. If you think about it, on some timeframe, this must have been a valid test - so a test on the five minute timeframe might appear as a hidden test (up bar that looks like a test), while on a 3 minute chart, it might appear as a classical test (down bar on volume less than the two previous bars). I suppose that's why they call them hidden tests, since the test is hidden in a lower timeframe to the one you are looking at.
  • #2,634
  • Aug 7, 2009 6:36am Aug 7, 2009 6:36am
Quoting Dael
Just for fun picture.
Compare Yuppie's light and easy to read charts with this monster I've found on another forum. VSA is cool.
wow, crazy chart
  • #2,635
  • Aug 7, 2009 6:41am Aug 7, 2009 6:41am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Shamus
HAHA. Yeah... I prefer Yuppie's as well.

That's nice... but do you like my chart as well Shamus?...
  • #2,636
  • Aug 7, 2009 9:27am Aug 7, 2009 9:27am
Yes. The chart is nice too.
The trend always ends.
  • #2,637
  • Aug 7, 2009 10:11am Aug 7, 2009 10:11am
Quoting Dael
Just for fun picture.
Compare Yuppie's light and easy to read charts with this monster I've found on another forum. VSA is cool.
WTF? where's the PA?lol
  • #2,638
  • Aug 7, 2009 11:44am Aug 7, 2009 11:44am
Yuppie, thanks for answer.

My question was the same as Daels question.

What would be the entry points on Your last charts and why?

The chart where is no supply bars - this would be understandable.

But the chart where is technically Up bars with narrow range and low volume - Do You see them as no supply - where would be entries and why ?

Thanks.

Best.
Tom
  • #2,639
  • Aug 7, 2009 12:45pm Aug 7, 2009 12:45pm
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting tfflyer
Yuppie, thanks for answer.

My question was the same as Daels question.

What would be the entry points on Your last charts and why?

The chart where is no supply bars - this would be understandable.

But the chart where is technically Up bars with narrow range and low volume - Do You see them as no supply - where would be entries and why ?

Thanks.

Best.
Tom

A few different ways Tom.

Like I said, I don't subscribe to following VSA exactly - I did initially, but after a while you naturally progress to a stage where you respond to the bigger picture and not so much the individual bars themselves.

So,

- sometimes I will wait for a break of the top of a No Supply bar and enter (even if it is not an official No Supply - makes no difference).

- I will also just enter blindly if price comes back down to a round number (.50 .00 etc)

- I will occasionally enter blindly with price just coming down into the area where the high-volume down bar occurred. Quite an aggressive method.


The key thing here is, and I must stress it again, the overall action. The No Supply bar has little to do with the way I trade/enter. It did initially, but after a while you get a feel for what may happen.

The high-volume-down-bar / buyers-coming-in is the heads-up. Watch what unfolds after that.


This action happens on EVERY timeframe. I have traded the 15-second chart with this setup.


Hope that helps.

Magnus
  • #2,640
  • Aug 7, 2009 1:02pm Aug 7, 2009 1:02pm
Thanks Yuppie for Your explanation. It helps.


Best,
Tom
10 traders viewing now