Trade Using VSA (Volume Spread Analysis) | Page 139 | 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)

  • #2,761
  • Aug 17, 2009 2:57am Aug 17, 2009 2:57am
HiddenGap,
thanks for sharing your insights.


Islander doing more posts... woohoo!


I can see Inzider here too....
  • #2,762
  • Aug 17, 2009 3:00am Aug 17, 2009 3:00am
Hi,
can You post please Your 15min chart.
Thanks.

B,
Tom

Quoting Islander
Watching my 15 min charts I've just seen that the low so far is in the candle that has just closed, the low was at the 6350 level with a very high volume red doji.......will this hold or will the 6335 / 6300 support area get tested?.....TWT......
  • #2,763
  • Aug 17, 2009 3:01am Aug 17, 2009 3:01am
Quoting Islander
Watching my 15 min charts I've just seen that the low so far is in the candle that has just closed, the low was at the 6350 level with a very high volume red doji.......will this hold or will the 6335 / 6300 support area get tested?.....TWT......

So far the 635 support area has held and I took a small contra trend buy and exited at the S3 level which is now resistance

The 15 min candle that is closing as I type is another high vol red doji which I again read as being profit taking and / or buying....
Trading Levels with WRBs
  • #2,764
  • Aug 17, 2009 3:05am Aug 17, 2009 3:05am
Which indie You ue for daily S/r ?

Mine is somehow not working good on mondays.


B,
Tom
  • #2,765
  • Aug 17, 2009 3:17am Aug 17, 2009 3:17am
Quoting tfflyer
Hi,
can You post please Your 15min chart.
Thanks.

B,
Tom
NP - # 1 was my sell signal, #2 the first high vol candle with a downside wick - a hammer #3 a very high vol doji #4 another doji with high vol...

I've closed all of my shorts and am taking small hit and run buys whilst waiting for a pull back to the aqua (13) ema / 6400 area where I'll consider another short. Until price stays above the 13 ema AND that ema reverses its slope to upwards the short term trend is down....
Attached Image (click to enlarge)
Click to Enlarge Name: aug 17 cable 15m 0800.gif Size: 14 KB
Trading Levels with WRBs
  • #2,766
  • Aug 17, 2009 3:22am Aug 17, 2009 3:22am
Quoting tfflyer
Which indie You ue for daily S/r ?

Mine is somehow not working good on mondays.


B,
Tom

I use the SDX Sweet Spots and the SDX-T2 pivots with the Destination TZ set to 5pm EDT
Attached File(s)
File Type: mq4 SDX-SweetSpots.mq4   3 KB | 561 downloads
File Type: mq4 Copy of SDX-TzPivots.mq4   23 KB | 499 downloads
Trading Levels with WRBs
  • #2,767
  • Aug 17, 2009 3:27am Aug 17, 2009 3:27am


Quoting supremeChaos
HiddenGap,
thanks for sharing your insights.

I second that - its a long time since I worked with NR7 etc and I also agree that its best NOT to put in too many conditions for an entry


Islander doing more posts... woohoo!

LOL.............how about some input too......


I can see Inzider here too....
Trading Levels with WRBs
  • #2,768
  • Aug 17, 2009 3:47am Aug 17, 2009 3:47am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Heads-up...
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-08-17-AX_2.gif Size: 15 KB
  • #2,769
  • Aug 17, 2009 3:51am Aug 17, 2009 3:51am
Thank You.

Could You please tell why You tooked first short - was it based on VSA ?

Thanks.

b,
Tom


Quoting Islander
NP - # 1 was my sell signal, #2 the first high vol candle with a downside wick - a hammer #3 a very high vol doji #4 another doji with high vol...

I've closed all of my shorts and am taking small hit and run buys whilst waiting for a pull back to the aqua (13) ema / 6400 area where I'll consider another short. Until price stays above the 13 ema AND that ema reverses its slope to upwards the short term trend is down....
  • #2,770
  • Aug 17, 2009 3:52am Aug 17, 2009 3:52am
Quoting Yuppie
Heads-up...

Is that last bar a low volume test bar?
  • #2,771
  • Aug 17, 2009 4:06am Aug 17, 2009 4:06am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting farizu
Is that last bar a low volume test bar?

The last bar in that chart had only been open for 32 seconds (see clock on left of chart).

Just a heads-up for you to watch what unfolds...


Magnus
  • #2,772
  • Aug 17, 2009 4:09am Aug 17, 2009 4:09am
Quoting Yuppie
The last bar in that chart had only been open for 32 seconds (see clock on left of chart).

Just a heads-up for you to watch what unfolds...


Magnus

Ah yes, thanks for that...
  • #2,773
  • Aug 17, 2009 4:11am Aug 17, 2009 4:11am
Quoting tfflyer
Thank You.

Could You please tell why You tooked first short - was it based on VSA ?

Thanks.

b,
Tom
No, not a VSA trade, the volumes were - as is often the case - low during the Asian Session.....as soon as I got to my 'puter at around 5:10 gmt I noticed the Lower Highs, so it was a low risk Sell entry.

I then watched the earlier lows ~ the 6435 area that cable likes and when they broke I just traded the Sweet Spots and Pivots down until the long wicks appeared and the volume picked up.

I'm now finished until the early NY session.....its all too easy to loose concentration and give back hard earnt pips...... http://www.forexfactory.com/images/icons/icon11.gif
Trading Levels with WRBs
  • #2,774
  • Aug 17, 2009 4:19am Aug 17, 2009 4:19am
Quoting Islander
I then watched the earlier lows ~ the 6435 area that cable likes and when they broke I just traded the Sweet Spots and Pivots down until the long wicks appeared and the volume picked up.

I'm now finished until the early NY session.....its all too easy to loose concentration and give back hard earnt pips...... http://www.forexfactory.com/images/icons/icon11.gif
Hey Islander
Took the same sell as your 2nd entry (6434). Wasnt up early enough for the 1st one

It looks like GU has made its move for the London morning session. You are right best to take a break and come back later, otherwise you loose concentration get bored and start looking for trades.

C
Boxing clever since 76.
  • #2,775
  • Aug 17, 2009 4:28am Aug 17, 2009 4:28am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Yuppie
Heads-up...

Messing around with **00 level... no strength there...
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-08-17-AX_3.gif Size: 15 KB
  • #2,776
  • Aug 17, 2009 5:56am Aug 17, 2009 5:56am
Quoting copi88
Hey Islander
Took the same sell as your 2nd entry (6434). Wasnt up early enough for the 1st one

It looks like GU has made its move for the London morning session. You are right best to take a break and come back later, otherwise you loose concentration get bored and start looking for trades.

C
Well I was flat until my break-down sell stop got triggered - now its looking as if the early NY session has started even earlier..... http://www.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs
  • #2,777
  • Aug 17, 2009 6:58am Aug 17, 2009 6:58am
Quote
...now its looking as if the early NY session has started even earlier..... http://www.forexfactory.com/images/icons/icon12.gif

Islander,
pip/profit-wise, i surmise....
  • #2,778
  • Aug 17, 2009 8:37am Aug 17, 2009 8:37am
Quoting Islander
Well I was flat until my break-down sell stop got triggered - now its looking as if the early NY session has started even earlier..... http://www.forexfactory.com/images/icons/icon12.gif
I think we have fairly similar styles. Where you used Sweet spots and Pysch zones I use S&R lines drawn from the 1H timeframe. They seem to be in similar areas.

I posted before on how I trade using S&R in conjunction with VSA (and on occasion MP) to find high probability set ups.

You just got to love trending days
Attached Image (click to enlarge)
Click to Enlarge Name: GU5min.png Size: 44 KB
Boxing clever since 76.
  • #2,779
  • Aug 17, 2009 11:34am Aug 17, 2009 11:34am
IMO the key word is AREAS.....I'm always looking at the Price Action in the area of the SS / Pivots.....when VSA shows up with the appropriate PA - i.e. Candle - it helps show what the Big Dogs are doing and can help us to position ourselves in line with their actions - well that's the theory.....

Quoting copi88
I think we have fairly similar styles. Where you used Sweet spots and Pysch zones I use S&R lines drawn from the 1H timeframe. They seem to be in similar areas.

I posted before on how I trade using S&R in conjunction with VSA (and on occasion MP) to find high probability set ups.

You just got to love trending days
Trading Levels with WRBs
  • #2,780
  • Aug 17, 2009 12:18pm Aug 17, 2009 12:18pm
Hey guys I do not have charts for the DOW. I was curious as to what the DOW was doing in relation to VSA. Could someone Please post a Daily chart for the DOW it has droped a 180 + points today and i hear support is at around 9200 so if we get a close below that we could be in for a pretty big fall. Thanks in advance.....

D-ramon
1 trader viewing now