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  • #4,021
  • Nov 10, 2009 4:07pm Nov 10, 2009 4:07pm
Quoting malcolmb14
thanks .... been pm'ed by a rude muppet saying how I make calls HUNDREDS of pips after they happen .. odd i am a day trader
and last 2 days had to deal with the other fellow in here

I guess show you have knowledge in something it is good to be challenged but both those traders that have been beating on me are just rude.
Well, anyone who has actually read and examined your posts knows you are one of the few traders who makes calls prior to your entries. On several occasions you've written "I'm buying dips today" or "selling rallies today" and have racked up some serious pips doing that. I've followed many of your calls and watched the market to see the results, confirming the trades as they happened.

You post charts with explanations. You admit when your trading is off and you lose. I equate you with a professor. You are always teaching and learning and passing on your lessons-learned. Anyone who pays attention to the information you give and does the necessary work will be better traders for it.

There will always be those who think the professor doesn't know what he's doing or that they in their infinite wisdom can do it better without putting in the time and effort required then blame it on the professor when they fail.

I, for one, want to thank you -- you've taught me a lot.

Cheers,
MB
  • #4,022
  • Nov 10, 2009 4:32pm Nov 10, 2009 4:32pm
Quoting malcolmb14
send me that it was not 1 year...it was about 20 months....5 k to 6 figure (and NOT 800,000k)

go back and look at my posts this week .

totld short to be careful 148.50 on friday on gj ....where did it go ...151 ...

told traders gj was in buy zone at 150.20 yesterday .. where did it go 151

mention that last night asia was shake out ... where did it go ...??? back to where it started

mentioned today es target 1094 on long , then short 1094 for 1087 target ... and where did it go ?

just the few sets up and exact entries I have mentioned...
He reminds me of the E-trade baby waaa,waaaa,waaaaa!!! Just keep posting, don't worry about the haters.
  • #4,023
  • Nov 10, 2009 4:42pm Nov 10, 2009 4:42pm
Quoting bowldog
He reminds me of the E-trade baby waaa,waaaa,waaaaa!!! Just keep posting, don't worry about the haters.
he hates me due to calls like this .....my 1094 ES call to the pip

wow.. can you believe this ES sitting right under years highs

recession is over ....lol

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  • #4,024
  • Nov 10, 2009 5:55pm Nov 10, 2009 5:55pm
Adriann,
There were two down candles and with the stopping volume candle, the volume was at its climax. The candle closed at the high and also above the prev. candle close.

This meant to me that there was buying at that candle.

Then, I waited for a test of supply candle and a "squat". It did occur but I think, I am early in my entry. This is where I still have some issues.

This is my reason for the entry - been using VSA for about 2-3 weeks. So, take it with caution .

BTW, I really wish Shamus gets back here with his whip and enforces some order . After my nap, I came to see if there was any reply to my post, only to find some posts that doesn't help anyone.

Quoting adriann
Hi Denverdude,

I`am looking at your chart but, cant find why did you enter.
Can you explain your entry.?
  • #4,025
  • Nov 10, 2009 6:19pm Nov 10, 2009 6:19pm
that was a good set up ...... seems like you are grasping vsa

Quoting denverdude
Adriann,
There were two down candles and with the stopping volume candle, the volume was at its climax. The candle closed at the high and also above the prev. candle close.

This meant to me that there was buying at that candle.

Then, I waited for a test of supply candle and a "squat". It did occur but I think, I am early in my entry. This is where I still have some issues.

This is my reason for the entry - been using VSA for about 2-3 weeks. So, take it with caution .

BTW, I really wish Shamus gets back here with his whip and enforces...
Blogging daily now at www.volume.zone
  • #4,026
  • Nov 10, 2009 6:32pm Nov 10, 2009 6:32pm
tumble already GU////

haa--the beauty of VSA--high volume on TF 30min, are they selling or is
it just a high volume trying to break through Wk resistance..hmmmm
  • #4,027
  • Nov 10, 2009 6:39pm Nov 10, 2009 6:39pm
Quoting taomql4
tumble already GU////

haa--the beauty of VSA--high volume on TF 30min, are they selling or is
it just a high volume trying to break through Wk resistance..hmmmm

not sure but check 15 min gj .. hit a long ...

es just popped out of resistance today and may even break thru 1098 year high during asia ... odd really odd....
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  • #4,028
  • Nov 10, 2009 6:47pm Nov 10, 2009 6:47pm
Been in a play for a few hours, then the pub, when I came back I found it had all kicked off...mal, don't worry about what people like barca are saying. Look at it this way, people who are misguided like them provide liquidity for us! If people want to actually put in the hard yards, then price and volume analysis is the way to go, be it pure vsa, or an amalgamation of wyckoff, mp and vsa, like I use, or anything...you won't get rich overnight. Its about DETECTING SUPPLY AND DEMAND IMBALANCES AT KEY LEVELS. Simple as. That is what every successful implementor of vsa, wyckoff analysis is using. Think about it, this makes more sense than random ma combinations, alignments of jupiter, how many potatoes i eat today bull**** that is around.

I recommend that you pay attention to what the successful traders say, but remember that it is up to the individual trader to manage their trades. A setup is only a small part of the trade....more important is how you act from there.

My father was a pit trader, and trust me, all markets move due to these imbalances. Sometimes they are impossible to predict. But VSA can be one of those tools that can give that 'edge'.

Keep it up malcomb14, don't let ignoramuses get you down, woe betide force you to stop posting.

Emile
  • #4,029
  • Nov 10, 2009 6:49pm Nov 10, 2009 6:49pm
the break is probably due just to the lack of standing orders with the brokers, ecns at resistance. We may see a fall back down tomorrow. Would you mind coming on the chat?
  • #4,030
  • Nov 10, 2009 7:03pm Nov 10, 2009 7:03pm
Quoting malcolmb14
not sure but check 15 min gj .. hit a long ...

es just popped out of resistance today and may even break thru 1098 year high during asia ... odd really odd....
am looking at highest vol in 18 hrs on the hour chart
also the highest in almost half a day--wouldn't that
scare the longs?
  • #4,031
  • Nov 10, 2009 7:29pm Nov 10, 2009 7:29pm
Quoting taomql4
am looking at highest vol in 18 hrs on the hour chart
also the highest in almost half a day--wouldn't that
scare the longs?
yes .. but not this long ... having a little nibble....might see testing of 149.50 zone....

do you have nikkei index ? that is heading up today , was bought heavy on lows yesterday , not sure if it will have any effect on GJ

so get this I am calling long NIkkie futures and market has not even opend yet .... lets see how good vsa is
Blogging daily now at www.volume.zone
  • #4,032
  • Nov 10, 2009 8:43pm Nov 10, 2009 8:43pm
Quoting malcolmb14
yes .. but not this long ... having a little nibble....might see testing of 149.50 zone....

do you have nikkei index ? that is heading up today , was bought heavy on lows yesterday , not sure if it will have any effect on GJ

so get this I am calling long NIkkie futures and market has not even opend yet .... lets see how good vsa is
hope i can catch some of that tommorrow, caught some few pips of GU,like
galvin likes to say "Gotta take what the markets gives me". its getting late in my neck of the woods...

NIght///
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  • #4,033
  • Nov 10, 2009 9:12pm Nov 10, 2009 9:12pm
Quoting charlyher
I done use volume once in my forex trading. I made a nice profit curve with it. However, since I found out that volume in forex is not true
volume: I done drop the volume analysis.

Who knows. I probably got lucky using the volume indicator. But it
is not true volume.
lol, OMG then, whats going to happen, cause i can't trade without it.

be honest, did You really use it? or you think you did.

and it's volume spread.
  • #4,034
  • Nov 10, 2009 9:19pm Nov 10, 2009 9:19pm
Quoting malcolmb14
that move down into support 141.30 zone was an easy long as there was a classic no selling pressure

Attachment
hi, i got just this far reading the thread and i have a question regarding the stopping volume from the chart, an ideal stopping vol should close above half/high volume on chart it's a full candle who if you take alone shows strength but because the next candle it's up shows the more buyers then sellers was on previous candle and jsut now become a stopping volume candle, isn't?
thanks, sorin.
"Imagination is more important than knowledge" Einstein
  • #4,035
  • Nov 10, 2009 9:21pm Nov 10, 2009 9:21pm
Quoting malcolmb14
lol 99% of time I ignore rsx ..I only use it to look for divergences
i'm doing the same thing with macd, do you think the rsx spotts the divergences better?
"Imagination is more important than knowledge" Einstein
  • #4,036
  • Nov 10, 2009 9:32pm Nov 10, 2009 9:32pm
Quoting s21
hi, i got just this far reading the thread and i have a question regarding the stopping volume from the chart, an ideal stopping vol should close above half/high volume on chart it's a full candle who if you take alone shows strength but because the next candle it's up shows the more buyers then sellers was on previous candle and jsut now become a stopping volume candle, isn't?
thanks, sorin.
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  • #4,037
  • Nov 10, 2009 9:34pm Nov 10, 2009 9:34pm
Quoting s21
i'm doing the same thing with macd, do you think the rsx spotts the divergences better?

if macd works for you then use it...
Blogging daily now at www.volume.zone
  • #4,038
  • Nov 10, 2009 9:38pm Nov 10, 2009 9:38pm
do not get caught up in the names of set ups .. instead work out what they mean

for example here

all the volume came in on the second lower spread candle . everyone was calling for sell. I was saying shake out do not think will drop and that buyers were coming in

is this shake out or stopping volume i do not know .... but I know it was buyers...

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  • #4,039
  • Nov 10, 2009 9:49pm Nov 10, 2009 9:49pm
Quoting malcolmb14
do not get caught up in the names of set ups .. instead work out what they mean

for example here

all the volume came in on the second lower spread candle . everyone was calling for sell. I was saying shake out do not think will drop and that buyers were coming in

is this shake out or stopping volume i do not know .... but I know it was buyers...

Attachment
good example, thank you...i haveto read mtm book just 18 more times
"Imagination is more important than knowledge" Einstein
  • #4,040
  • Nov 10, 2009 9:54pm Nov 10, 2009 9:54pm
Quoting charlyher
I done use volume once in my forex trading. I made a nice profit curve with it. However, since I found out that volume in forex is not true
volume: I done drop the volume analysis.

Who knows. I probably got lucky using the volume indicator. But it
is not true volume.
amzn .. centralized volume ..really hard to see up move on 5 min

chart 2 gu .... non centralized higher liquidity

which chart do you think is easier to trade ?

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