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  • #5,121
  • Feb 5, 2010 3:45pm Feb 5, 2010 3:45pm
Quoting cigarguy
Thanks and yes I too am having difficult letting go of my indies that I have used for years. But I am willing to spend whatever time it takes to learn VSA, mainly because its becoming to stressful scalping the 1m charts.

Its difficult letting go of my candles and other indies. I am attempting to slowly wean away from that method by keeping VSA up on other monitors while still trading my current method consulting the VSA charts.

I do believe in the long run the effort will pay off. Its sometimes difficult to break old habits... lol...
Every small step at the end pays off big
"Hate the sin, love the sinner." - Gandhi
  • #5,122
  • Feb 5, 2010 5:00pm Feb 5, 2010 5:00pm
run run

suggestion if i may ....

subsribe to tradeguider for 1 to 2 months. It is $300 per month I hitnk BUT you get tg version 4.0 and access to the VSA club ( live trading 2 days per week and many seminars on vsa)

it will accelerate your learning of vsa ..

I hate to say this but I am really loving tg 4.0 these days. they have predictive set ups that form on each bar when there is a vsa set up

there are 3 sets ups that work for longs , shake out , stopping and test
3 sets up for sells , no demand , ut and end of rising market , I also like buying cliamx , got one last night show up on Tg right under that weeklyr at 1.3720 on a 10 min chart . That trade alone paid for tradeguider. 60 pip

even the buy off 1.3600 was shown awesomely ( if that is a word) on tg 10 min charts , my only thing that is not on my side is time. If I could watch market 24 hours a day I would be billionaire ....



Quoting cigarguy
TheGabriel; Having a great time using Vsa as confirmation tool, I'm holding trades for 200+ pips without a fear.

This market is just to ride, I'm preparing for big moves to come next week.

Cigarguy; 200+ pips wow! good job and I am content with my little 10+ I guess I had better hurry and learn VSA.

Would you post one of your charts?

Thank You and Regards,
Cigarguy[/quote]
Blogging daily now at www.volume.zone
  • #5,123
  • Feb 6, 2010 5:46am Feb 6, 2010 5:46am
Hey Malcolmb14

So TG 4.0 is really that good?

Gez
Seek not to change the world; seek only to change your mind about the world
  • #5,124
  • Feb 6, 2010 7:40am Feb 6, 2010 7:40am
Ha ha



Quoting gez40
Hey Malcolmb14

So TG 4.0 is really that good?

Gez
  • #5,125
  • Edited 9:09am Feb 6, 2010 8:55am | Edited 9:09am
[quote=malcolmb14;3437575]run run

suggestion if i may ....

subsribe to tradeguider for 1 to 2 months. It is $300 per month I hitnk BUT you get tg version 4.0 and access to the VSA club ( live trading 2 days per week and many seminars on vsa)

it will accelerate your learning of vsa ..

I hate to say this but I am really loving tg 4.0 these days. they have predictive set ups that form on each bar when there is a vsa set up

there are 3 sets ups that work for longs , shake out , stopping and test
3 sets up for sells , no demand , ut and end of rising market , I also like buying cliamx , got one last night show up on Tg right under that weeklyr at 1.3720 on a 10 min chart . That trade alone paid for tradeguider. 60 pip

even the buy off 1.3600 was shown awesomely ( if that is a word) on tg 10 min charts , my only thing that is not on my side is time. If I could watch market 24 hours a day I would be billionaire ....

MALCOLMB; Yes I have been following your progress with TG and have viewed their videos and have seen demos with the TG software. It is very impressive. I am sure the VSA learning curve would be substantially reduced, no doubt about that.

My question is this; I respect your experience and listen to your suggestions, but with that being said, if you are, lets say trading one currency, with your vast knowledge of VSA could you not recognize those setups with just a price and volume chart? I remember sometime ago, I believe on another thread, you made a comment something to the effect that "if you traded upthrust on high volume and stopping vol bars on high vol you would get 95% good trades with only these 2 setups looking at a min. of the last 20 bars". I probably missed up your quote, but it was something like that. Wow, just learng and becoming proficient with those 2 skills gives great results.

I don't remember the exact quote, but just curious if you still believe that the 2 above setups would be that accurate.

I believe TG has the ability to trade more than just currencies and that is a great option, but here I am just referring to curriences and trading only one. I know it has scanning capabilities.

I am in no way suggesting that TG is not a great tool, and I will probably jump on board with that software and available training, but I am just curious if it might be better to learn and practice using price and volume only instead of immediately depending on indicators to do the work as a new trader to VSA.

I can afford the price of the TG software and training, but possibly some new traders cannot. I guess, I am asking you as the resident professional on VSA if my assumptions are correct or not.

As always thanks for you valuable input. I am currently just trying to master the 2 setups that you suggested and I listed above.

Thank You and Regards,
Cigarguy
Keep It Simple
  • #5,126
  • Feb 6, 2010 10:39am Feb 6, 2010 10:39am
Quoting tfflyer
Ha ha

What`s so funny?
Seek not to change the world; seek only to change your mind about the world
  • #5,127
  • Edited 12:00pm Feb 6, 2010 11:29am | Edited 12:00pm
if there's a follow through on impulsive Wave--EUR is about to be in the Dumpster.---
checkout that massive stopping vol.(closing off it's low) though,
might be the start of 4 th wave and end of -3(at least they are trying to end it)
Attached Image (click to enlarge)
Click to Enlarge Name: eudaily.gif Size: 64 KB
  • #5,128
  • Feb 6, 2010 11:31am Feb 6, 2010 11:31am
i was finding i was second guessing myself alot

so I thought i would invest the 3 k in tg ( got it on special offer) I also trade gold , es and eu and also can twahc eu on 5 different time frames on the side window

here is my chart

for example friday i see gold , dx , es reacting and then that double bottom eu comes into play

the sidewindow is really good

In addition i use value area and pivots / prior high / open / close

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 209 KB




[quote=cigarguy;3438108]
Quoting malcolmb14
run run

suggestion if i may ....

subsribe to tradeguider for 1 to 2 months. It is $300 per month I think BUT you get tg version 4.0 and access to the VSA club ( live trading 2 days per week and many seminars on vsa)

it will accelerate your learning of vsa ..

I hate to say this but I am really loving tg 4.0 these days. they have predictive set ups that form on each bar when there is a vsa set up

there are 3 sets ups that work for longs , shake out , stopping and test
3 sets up for sells , no demand , ut and...
Blogging daily now at www.volume.zone
  • #5,129
  • Feb 6, 2010 5:08pm Feb 6, 2010 5:08pm
I don't know if TG is this real good or not but I know trading via VSA requires time of study and a great effort of monitoring to become proficient.

One of the most important principles of this thread has always been to trade without computer indicators from here or there, and using only the data from our charts, price and volume.

If we start again to rely on indicators or on what a software tell us then, what's is the difference with tons of traders using black boxes???.

I suppose that the most important thing to success using VSA is precisely to only use the price and volume and their relation.
You make money by waiting, not by trading.
  • #5,130
  • Feb 6, 2010 5:27pm Feb 6, 2010 5:27pm
Quoting fxspain
I don't know if TG is this real good or not but I know trading via VSA requires time of study and a great effort of monitoring to become proficient.

One of the most important principles of this thread has always been to trade without computer indicators from here or there, and using only the data from our charts, price and volume.

If we start again to rely on indicators or on what a software tell us then, what's is the difference with tons of traders using black boxes???.

I suppose that the most important thing to success using VSA...
I think as long as you make money, it doesn't matter if you're relying on indicators. It's all just a means to an end, right?
  • #5,131
  • Feb 6, 2010 5:57pm Feb 6, 2010 5:57pm
Quoting lolpie
I think as long as you make money, it doesn't matter if you're relying on indicators. It's all just a means to an end, right?
Right, but the market changes constantly.

"Black boxes" that worked yesterday are not working today or tomorrow. If you really know how to interpret the market situation by yourself, without indicators or software signals, then you can adapt your trading to different market situations.

I supposed that this was the advantage of VSA, precisely to "read" the market, or trying to do it at least.
You make money by waiting, not by trading.
  • #5,132
  • Feb 6, 2010 8:44pm Feb 6, 2010 8:44pm
Quoting malcolmb14
run run

suggestion if i may ....

subsribe to tradeguider for 1 to 2 months. It is $300 per month I hitnk BUT you get tg version 4.0 and access to the VSA club ( live trading 2 days per week and many seminars on vsa)

it will accelerate your learning of vsa ..

I hate to say this but I am really loving tg 4.0 these days. they have predictive set ups that form on each bar when there is a vsa set up

there are 3 sets ups that work for longs , shake out , stopping and test
3 sets up for sells , no demand , ut and end of rising market...
[/quote]


I signed up for the TG 4.0 lease... its 3 months of the S/W, VSA club membership, and some other courses for $795 + data feed. If it can get me over the "break evens" I will head to Canada and take Malc to the local pub and drink him under the table.
  • #5,133
  • Feb 6, 2010 9:21pm Feb 6, 2010 9:21pm
I signed up for the TG 4.0 lease... its 3 months of the S/W, VSA club membership, and some other courses for $795 + data feed. If it can get me over the "break evens" I will head to Canada and take Malc to the local pub and drink him under the table. [/quote]


holding you to that .......

lol the only issue is once you get hooked you may want to buy the 5k software

use the trend diamonds.... setting to 20 works awesome

plot high low / close of prior day ( you have to this manually) as tg is not all about indicators. If price is under the close of prior day sell rallies , above close of piror day if prior day was up day then buy dips.... pretty damn simple really.

I look for signal s on a 10 min chart they work awesome.

potential stopping volume on a 10 min works 99% of the time

in fx on data feed eu is eu a0-fx , 10

here is a pretty nice eu 30 min chart with trend diamonds changing to white , 5 of them in a row , 1st time in 400 pip draop , I will go long above 1.3700 with retracement of 100 to 200 pip target
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 213 KB
Blogging daily now at www.volume.zone
  • #5,134
  • Feb 7, 2010 3:31am Feb 7, 2010 3:31am
I am absolutly agree with you fxspain. Moreover, I think the we do not need Tradeguider software or simmilar. The big teachers of VSA never show us indicators, magic shoftwares or something like that.
Good trading!


Quoting fxspain
Right, but the market changes constantly.

"Black boxes" that worked yesterday are not working today or tomorrow. If you really know how to interpret the market situation by yourself, without indicators or software signals, then you can adapt your trading to different market situations.

I supposed that this was the advantage of VSA, precisely to "read" the market, or trying to do it at least.
Knowledge is possessed only if is shared
  • #5,135
  • Feb 7, 2010 9:07am Feb 7, 2010 9:07am
Hello traders,

I have been lurkin for a while and studying vsa for a while now. IŽll like to ask you guys in which TF do you have the most accurate signals? in my first chart (daily) I see a stopping volume which I interprete as a bullish sign(right? or should I wait for other confirmation?) the second chart (H4) is showing signs of strenght in my opinion.
IŽll appreciate your comments on that.

Thank you all and good trading.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: vsa daily.gif Size: 30 KB
Click to Enlarge Name: vsa h4.gif Size: 29 KB
  • #5,136
  • Edited 10:47am Feb 7, 2010 9:30am | Edited 10:47am
Quoting corcha
I am absolutly agree with you fxspain. Moreover, I think the we do not need Tradeguider software or simmilar. The big teachers of VSA never show us indicators, magic shoftwares or something like that.
Good trading!
i think You guys are making too much of a big deal about indicators,
i have been in enough battles to know that it doesn't matter any more.

if You wanna play with Lagging indicators, by all means Go ahead,
as long as You have the Leading indicator(vsa) in Your head.

Mal trades a variety of markets not just FX and if you don't want
the headache of searching for setups--TG can help scan the market
for you(stocks, fx, futures.) and if you are interested in a faster
learning curve--Again, TG comes in handy.

PLus, there's no way you can explain Vsa setups with other
indicators and i really don't see folks doing that on the thread,
if that's what you guys are concerned about.


happy trades!!!
  • #5,137
  • Feb 7, 2010 12:09pm Feb 7, 2010 12:09pm
Quoting corcha
I am absolutly agree with you fxspain. Moreover, I think the we do not need Tradeguider software or simmilar. The big teachers of VSA never show us indicators, magic shoftwares or something like that.
Good trading!
you are absolute right corcha, you dont need TG to learn vsa
  • #5,138
  • Feb 7, 2010 1:05pm Feb 7, 2010 1:05pm
If you spend about 7 hours EVERYDAY reading this thread form start to finish, then it will take you exactly 2 weeks to read through the whole thread.

The two funniest post for me in this whole thread was (I think it was Thatwasme) with his "my little pony" trading pattern, I laugh almost daily still when I think of that chart...

And because I have a very dry sence of humour I also could not stop laughing at the comment that Shamus made about the "Mount Fuji shakeout" (To this day my wife still asks me why I woke her up by laughing so hard for something like that)

The most informative posts are of coarse Malcomb, Dr G and Hiddencap (who is not posting any more) and then about 10 other guys who all have small nugets of precious insight to share.

Thanks allot to you guys!!

AND I CAN DEFINITELY NOT WAIT FOR SHAMUS TO DROP THAT MUCH ANTICIPATED PIECE OF CODE ON US!!!

Regards and may you all have a great week!
Live happens 5 minutes at a time...
  • #5,139
  • Edited 7:01am Feb 8, 2010 6:39am | Edited 7:01am
Quoting malcolmb14
...lol the only issue is once you get hooked you may want to buy the 5k software

use the trend diamonds.... setting to 20 works awesome...
I am not sure if you read it a while ago but trend diamonds are nothing more than combination psar and sma.

The TG code was reverse engineered and posted here as an mt4 indicator a while back. Chuck also came to the same conclusions when building out modules for our system.
The trend always ends.
  • #5,140
  • Feb 8, 2010 6:43am Feb 8, 2010 6:43am
Quoting Purple_Heart
If you spend about 7 hours EVERYDAY reading this thread form start to finish, then it will take you exactly 2 weeks to...
The Mighty Mount Fuji Fakeout: credits to Wallst.
The trend always ends.
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