Here's a continuation of the chart I posted earlier this week showing our trainer in action on the globex Dollar h1 chart....
Thanks...
Trade Using VSA (Volume Spread Analysis)
- #5,181
- Feb 10, 2010 3:59pm Feb 10, 2010 3:59pm
Thanks...
- #5,183
- Edited 5:54pm Feb 10, 2010 4:53pm | Edited 5:54pm
Here's a continuation of the chart I posted earlier this week showing our trainer in action on the globex Dollar h1 chart. (The very left blue square on the Red VSR Line I believe is where the last chart posted started)
The highlighted signal alone (arrow) garnered about 530ish pips overnight on a long US dollar trade.
http://content.screencast.com/users/...02-10_1114.png
The only thing really delaying the release of the VSA system is a bug in the Volume...
I've been lurking on this thread ever since it was established and admire the effort you've put into the Trainer. Here's a couple of thoughts:
1. Release the Trainer to a few nomiated 'experts' and 'newbies' as a 'Beta Release'. That way, you'll benefit from verification of the Trainer by the 'experts' and get an understanding of the level of questions that the 'newbies' will have. This will allow a Q&A/FAQ document to be prepared and head-off some of the inevitable questions that you'll receive. I'd be a willing volunteer in the 'newbie' category (as far as VSA is concerned anyway).
2. I know this is a public forum but I can see this Trainer being sold at $97.00 per copy in the not too distant future! (i.e. some unscrupulous person will steal it and apply the marketing gloss)
. Any ideas on how you might head this off?Cheers and best wishes,
Nick.
- #5,184
- Feb 10, 2010 5:49pm Feb 10, 2010 5:49pm
actually it doesnot cost anything, just 10 pips away
in the meantime, I have a question about better volume indicator. in setup, lookback is 20 . Can we decrease or increase ? As decrease such 5 or 10 , volume bars' become more colorful, ie, blue ones become green,white etc.
as increase the lookback number from 20 to highers, some green,white,red vol bars become blue.
in total, how will affect our decision ?
in the meantime, I have a question about better volume indicator. in setup, lookback is 20 . Can we decrease or increase ? As decrease such 5 or 10 , volume bars' become more colorful, ie, blue ones become green,white etc.
as increase the lookback number from 20 to highers, some green,white,red vol bars become blue.
in total, how will affect our decision ?
- #5,186
- Feb 10, 2010 6:58pm Feb 10, 2010 6:58pm
Don't forget it's all about comparing the current volume with the average past one, and that BV is only a visual aid... so let it at 20, it's fine that way.
Eventually, you could adjust it for different timeframes... I don't.[/quote]
now, I was also looking at spreads & closes of prices, with volumes, and as you said, it is only aid for who is well trained
unfortunatel I have to study a lot, but colors make me understood better as its name "better volume"
thank you very much for your comments..
all the green pips
Eventually, you could adjust it for different timeframes... I don't.[/quote]
now, I was also looking at spreads & closes of prices, with volumes, and as you said, it is only aid for who is well trained
unfortunatel I have to study a lot, but colors make me understood better
as its name "better volume" thank you very much for your comments..
all the green pips
Both of them are great shorts, but just remeber that if you shorted anything today that has "USD" at the back of it you would have come out way on top...
Small retrace and then again everything with a "USD" at the back is going south - then we will see how deep this rabbit hole goes....
Blessings
Small retrace and then again everything with a "USD" at the back is going south - then we will see how deep this rabbit hole goes....
Blessings
Live happens 5 minutes at a time...
- #5,190
- Feb 11, 2010 11:14am Feb 11, 2010 11:14am
- | Joined Mar 2009 | Status: Never Give Up! Persistence Pays$$ | 144 Posts
Here's a continuation of the chart I posted earlier this week showing our trainer in action on the globex Dollar h1 chart. (The very left blue square on the Red VSR Line I believe is where the last chart posted started)
The highlighted signal alone (arrow) garnered about 530ish pips overnight on a long US dollar trade.
Very nice work Shamous, should help a lot of the new guys out in learning VSA who can't afford $4000 for Tradeguider. Very impressed! You and your programming team have put a lot of time and effort into this thing, had to be a lot of work for you guys. You guys deserve a drink!
- #5,191
- Feb 11, 2010 1:22pm Feb 11, 2010 1:22pm
Hello,
I am demo trading the VSA system for a while and slowly getting to understand it. I recently tried a demo on fxopen with the ECN feed. The volume on Fxopen looks different from that of alpari. I was wondering if you have noticed this? and if the volumes are different then would it be better to trust the ECN tick volume? I wonder if someone could compare the ECN volume to that of esignal or tradeguider? I have attached the pics for comparison.
Alpari ;
Fxopen 
I am demo trading the VSA system for a while and slowly getting to understand it. I recently tried a demo on fxopen with the ECN feed. The volume on Fxopen looks different from that of alpari. I was wondering if you have noticed this? and if the volumes are different then would it be better to trust the ECN tick volume? I wonder if someone could compare the ECN volume to that of esignal or tradeguider? I have attached the pics for comparison.
Alpari ;
- #5,195
- Feb 11, 2010 1:46pm Feb 11, 2010 1:46pm
Hi all,
I am here again with my killing questions
I posted the current graph of GU (30m,1H &4H).
@ 30M & 1H , volume decreases as price increases. Then, could it be a weakness , in other words, I'm waitinf for the price decrease.
Besides, @4H timeframe, volume seems not to reach previous level, because half of time already passed, and current volume is almost 1/5 of previous volume.
On the otherside, I am trying to use on balance volume indi, and generally only I look at any diverngence whether exists. Do you recommend using divergences on on balance volume ?
I am waiting for your precious comments.
thank you in advance.
Regards,
I am here again with my killing questions
I posted the current graph of GU (30m,1H &4H).
@ 30M & 1H , volume decreases as price increases. Then, could it be a weakness , in other words, I'm waitinf for the price decrease.
Besides, @4H timeframe, volume seems not to reach previous level, because half of time already passed, and current volume is almost 1/5 of previous volume.
On the otherside, I am trying to use on balance volume indi, and generally only I look at any diverngence whether exists. Do you recommend using divergences on on balance volume ?
I am waiting for your precious comments.
thank you in advance.
Regards,
- #5,196
- Feb 11, 2010 1:49pm Feb 11, 2010 1:49pm
Yes but if you compare the adjacent volume bars in each chart, there are differences in the relative heights as well.
then, this question goes beyond what I know (actuallt I dont know much
) however, our experts will have a logical answer obviously.
- #5,197
- Feb 11, 2010 2:20pm Feb 11, 2010 2:20pm
I have posted updated 30min chart of GU.
I have drawn some areas which I tried to learn during vsa.
I dont know, but, it seems so logical to me
Please could you share your comments about this chart.
Regards,
I have drawn some areas which I tried to learn during vsa.
I dont know, but, it seems so logical to me
Please could you share your comments about this chart.
Regards,
- #5,198
- Feb 11, 2010 2:25pm Feb 11, 2010 2:25pm
- Joined Dec 2009 | Status: Trader | 2,367 Posts
@Shamus
You and your guys have put so much into this project, I just know that what ever you decide will be fine for all of us.
Personnally, I'm itching to get my hands on it but, I am quite happy to wait till you decide the time is right.
........... I still got a lot to learn
You and your guys have put so much into this project, I just know that what ever you decide will be fine for all of us.
Personnally, I'm itching to get my hands on it but, I am quite happy to wait till you decide the time is right.
........... I still got a lot to learn
- #5,199
- Feb 11, 2010 4:34pm Feb 11, 2010 4:34pm
Very nice work Shamous, should help a lot of the new guys out in learning VSA who can't afford $4000 for Tradeguider. Very impressed! You and your programming team have put a lot of time and effort into this thing, had to be a lot of work for you guys. You guys deserve a drink!
