Trade Using VSA (Volume Spread Analysis) | Page 244 | 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)

  • #4,861
  • Jan 13, 2010 2:15am Jan 13, 2010 2:15am
Good morning again

EU in 30 minutes..
what do You think should be good opening of trade???
Marcel
Attached Image (click to enlarge)
Click to Enlarge Name: EU in 30 minutes.JPG Size: 199 KB
  • #4,862
  • Jan 13, 2010 4:21am Jan 13, 2010 4:21am
Quoting fxspain
VSA is nice, but it's not the Holy Grail. You have to study a lot and spend many hours on the screen, and ... this is not a guarantee of success.

VSA doesn't work always, as normal.
Well I'm thankful for that since there's no such thing as the trading holy grail. Just give me high probability trades and I'm set, as nothing will ever work 100% of the time (this also includes trader error), so accept it...
  • #4,863
  • Jan 13, 2010 5:31am Jan 13, 2010 5:31am
Quoting malcolmb14
could be called

' my grandmas knickers get wet when coronation street comes on tv ' for all i care as long as it makes money .

By the way I did buckle and bought tg 4.0 . The new version and the scanner is awesome I wake up and do not have to think about a thing... scan higher times frames down to lower ones. Also scan all stocks in s&p in a jiffy and not troll thry hundreds of charts looking for option plays.

Is it worth the money in your opinion? I must admit trolling through my simplycharts software looking for set ups with VSA is rather time consuming.

Gez
Seek not to change the world; seek only to change your mind about the world
  • #4,864
  • Jan 13, 2010 5:45am Jan 13, 2010 5:45am
In my opinion ( and i know, noone asked it ), its better to learn really good one currency, for example, and then to look many others, when Your skills are goood.

Best,
Tom

Quoting gez40
Is it worth the money in your opinion? I must admit trolling through my simplycharts software looking for set ups with VSA is rather time consuming.

Gez
  • #4,865
  • Jan 13, 2010 6:02am Jan 13, 2010 6:02am
Quoting tfflyer
In my opinion ( and i know, noone asked it ), its better to learn really good one currency, for example, and then to look many others, when Your skills are goood.

Best,
Tom
OK, thanks for the reply.

Gez
Seek not to change the world; seek only to change your mind about the world
  • #4,866
  • Jan 13, 2010 6:36am Jan 13, 2010 6:36am
How i said to myself: " If i cant spot good entries on 1 curency and i am thinking is it good or not.. Should i really look something other ? "

That will only confuse.


B,
Tom
  • #4,867
  • Jan 13, 2010 7:09am Jan 13, 2010 7:09am
Another question for much more experience traders??
I will attach todays trade on GBPJPY. When I seen up trend on GBPJPY and according my learning from the past I have seen similar set up, I decided to go LONG, but it took more time to go UP...???
Can gez40 or Malcolmb find the time for answer???

Big thanks for support....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY today.jpg Size: 151 KB
Attached File(s)
File Type: doc 11 HiddenGap VSA 12.doc   155 KB | 1,046 downloads
  • #4,868
  • Jan 13, 2010 7:11am Jan 13, 2010 7:11am
this is the chart from Hidden Gap
second chart


again thanks
Attached Image (click to enlarge)
Click to Enlarge Name: VSA12.png Size: 116 KB
  • #4,869
  • Jan 13, 2010 9:47am Jan 13, 2010 9:47am
Quoting capetown
Another question for much more experience traders??
I will attach todays trade on GBPJPY. When I seen up trend on GBPJPY and according my learning from the past I have seen similar set up, I decided to go LONG, but it took more time to go UP...???
Can gez40 or Malcolmb find the time for answer???

Big thanks for support....
I`m still learning myself, you have an high volume wide spread up bar just to the left which indicates weakness, there is a drop of in volume near the top, if you zoom out you also have previous resistance at around 148.640 ish, not far from your entry.

Like i say still learning myself.

Anyone else?

Gez
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 33 KB
Seek not to change the world; seek only to change your mind about the world
  • #4,870
  • Edited 10:08am Jan 13, 2010 10:07am | Edited 10:08am
many mixed signals today on 15 min chart, some reliable at 1h chart but when wait for entry and confirmation at 15 min i didn't get one and lose the entry. sorry, i'm talking about gbp/usd, eur/usd
"Imagination is more important than knowledge" Einstein
  • #4,871
  • Jan 13, 2010 10:11am Jan 13, 2010 10:11am
Quoting capetown
Another question for much more experience traders??
I will attach todays trade on GBPJPY. When I seen up trend on GBPJPY and according my learning from the past I have seen similar set up, I decided to go LONG, but it took more time to go UP...???
Can gez40 or Malcolmb find the time for answer???

Big thanks for support....

the two bars prior to the 3 bars you marked is a top reversal. market turned ad came off a littel so supply hit it. the first green bar after the 3 bars you marked is a no demand.

retesting the high fo the top reversal show lack of buying interest with tightening spread and weak closes. this here to me has more character of distribution than looking for ongoing upside momentum.

i have not yet checked how gj played out btw.
  • #4,872
  • Jan 13, 2010 10:39am Jan 13, 2010 10:39am
Quoting Aad
Well I'm thankful for that since there's no such thing as the trading holy grail. Just give me high probability trades and I'm set, as nothing will ever work 100% of the time (this also includes trader error), so accept it...
No offense. The only I have said is that VSA is not the Holy Grail, refering to this as something easy or sure.

VSA is just another way of market analysis, nothing else. There are a lot of trading systems out there that can be profitable and have nothing to do with VSA.

For doing well with VSA you have to study a lot, spending a lot of hours of monitor and as I said this is not a guarantee of success, just as with other systems.
You make money by waiting, not by trading.
  • #4,873
  • Jan 13, 2010 11:28am Jan 13, 2010 11:28am
Am thinking of becoming a short seller-- i think they
have all the fun..lol
Attached Image(s) (click to enlarge)
Click to Enlarge Name: $EURUSD 1_13_2010 (60 Min)L.jpg Size: 162 KB
Click to Enlarge Name: $EURUSD 1_13_2010 (15 Min)L.jpg Size: 140 KB
  • #4,874
  • Jan 13, 2010 11:36am Jan 13, 2010 11:36am
Quoting malcolmb14
why does vsa not work 100% of time

simple...

oh look there is stopping volume on 60 min chart but I have an upthrust on a 1 min chart so lets sell that , as it is an upthrust on one candle only on a 1 min for sure it is going to drop 100 pip


most who use vsa do not consider everything ... they look at one time frame , they forget back ground etc etc etc


also the amount of times in last week that even TG showed me stopping volume on a 60 min and I was trying to sell has been more than 1 ... so we are also battling our own minds...
Hi Malcolm,
I think it is an interesting point of view to say we need to take into account all timeframes for a complete analysis. It is very time consuming and needs a lot of skill to use the complete information without making oneself to upset.

How do you think about the priority of different timeframes? Is the higher timeframe more important than the lower timeframe, or do you distinguish here between different trades?
  • #4,875
  • Jan 13, 2010 12:41pm Jan 13, 2010 12:41pm
i heard mal say something about making sure what day market profile was set for, was it supposed to be for previous day?
  • #4,876
  • Jan 13, 2010 2:25pm Jan 13, 2010 2:25pm
I wonna thank to GEZ40 and Dr. Geppynius for their opinions..
BIG THANK as well other input from TAOMQ14..I hope I am right not TAOMQL4..sorry if I wrote incorrect.
For me todays EU price action was amazing, after lost trade and being minus, thing changed in my profit, but VSA showed me that I made mistake. I think VSA is suoerb approach.
My opinion and can not stop to learn.
  • #4,877
  • Jan 13, 2010 2:29pm Jan 13, 2010 2:29pm
Hello,

now I see why I made mistake....
Thanks...

just a Q???
black volume bar?? what is it???
Do You use Better Volume??
Slovakia
Quoting taomql4
Am thinking of becoming a short seller-- i think they
have all the fun..lol
  • #4,878
  • Jan 13, 2010 3:13pm Jan 13, 2010 3:13pm
Quoting gez40
Is it worth the money in your opinion? I must admit trolling through my simplycharts software looking for set ups with VSA is rather time consuming.

Gez
I got on deal for 3 k .... i thought it was really alot of money. I think regualr price is 5k , but if you want to try tg4.0 for a month or 2 and get VSA club membership you can rent it for $350 per month (includes esignal data feed of $100 per month)

The montly rent does go towards software.

I do find it handy for scanning charts , however due to eisngal having only 100 sysmbols in basic fee ( you have to pay for additioan lblocks of 100) it is limited capability for say all 500 stocks of s&p . I have taken a cross section of the major ones I like like isrg , gs , jp , intl , etcetc
Blogging daily now at www.volume.zone
  • #4,879
  • Jan 13, 2010 3:16pm Jan 13, 2010 3:16pm
Quoting capetown
Another question for much more experience traders??
I will attach todays trade on GBPJPY. When I seen up trend on GBPJPY and according my learning from the past I have seen similar set up, I decided to go LONG, but it took more time to go UP...???
Can gez40 or Malcolmb find the time for answer???

Big thanks for support....
gu was the culprit on that one ... it was not really moving well during US session , not really aload of sellers.
Blogging daily now at www.volume.zone
  • #4,880
  • Jan 13, 2010 3:17pm Jan 13, 2010 3:17pm
Quoting RaverStyleTim2
i heard mal say something about making sure what day market profile was set for, was it supposed to be for previous day?
prior day
Blogging daily now at www.volume.zone
2 traders viewing now