Trade Using VSA (Volume Spread Analysis) | Page 307 | 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)

  • #6,121
  • Mar 24, 2010 12:04pm Mar 24, 2010 12:04pm
Quoting tfflyer
In Your picture - test bar is next to doji ?

B,
T
The test bar is the pin bar. From MM -
I dont see a doji.

Doji's look like this.......
Attached Image
Boxing clever since 76.
  • #6,122
  • Mar 24, 2010 12:05pm Mar 24, 2010 12:05pm
hahaha look at the EUr, this is retarded.
  • #6,123
  • Mar 24, 2010 12:17pm Mar 24, 2010 12:17pm
Quoting copi88
Hey Islander

Took the same trade. Nice example of a low vol test.
Entered at the close of the test bar (blue arrow) and took profit at the trend line (yellow arrow) which had a convergence with the 50sma. The move up was on decreasing volume so didnt have much confidence in it breaking through. Closed the rest of it when the second green/bullish bar failed to break through.

C

LOL, I took my profits there too - and I've been in and out of another HL trade since....I'm still thinking that there's accumulation going on, but the dollar strength is preventing any real rally.....TWT
Trading Levels with WRBs
  • #6,124
  • Mar 24, 2010 12:27pm Mar 24, 2010 12:27pm
nice low volume move below 1.500 then up move to resistence to acc a sell position
tricky business really

Isleptthroughitall : )
Attached Image (click to enlarge)
Click to Enlarge Name: gbp1500.jpg Size: 232 KB
  • #6,125
  • Mar 24, 2010 1:24pm Mar 24, 2010 1:24pm
Quoting copi88
The test bar is the pin bar. From MM -
Just lurking here thanks for the great info

Esp the quoted
  • #6,126
  • Edited 2:54am Mar 25, 2010 2:37am | Edited 2:54am

CHART

Attached Image (click to enlarge)
Click to Enlarge Name: Gu-M15_(mark_down).png Size: 71 KB


Successful test on lower volume after mark down by the professionals.

What a great time to mark it down. Traders will try to price in the retails sales which is expected to be better than previous (Market sentiment on news which usually happens before the news).

Secondly, we have some sort of regular MACD bullish divergence supporting this move.

Just to show you how smart these guys are. Smart Money indeed.

Nice trade for me.

P.S: Bears are still up there around the 1.5 zone IMHO.
  • #6,127
  • Mar 25, 2010 3:03am Mar 25, 2010 3:03am
Quoting wh1zz0
CHART

Attachment

Successful test on lower volume after mark down by the professionals...Nice trade for me.

P.S: Bears are still up there around the 1.5 zone IMHO....
someone would say selling climax confirmed by an up bar...good trade
The Market pays you to be disciplined
  • #6,128
  • Mar 25, 2010 3:06am Mar 25, 2010 3:06am
1 hour eurgbp and gold almost the same, however, gbp is a bit different, closed higher. Does it mean, gbp has to follow eur and gold ?
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbpau.JPG Size: 257 KB
  • #6,129
  • Mar 25, 2010 3:47am Mar 25, 2010 3:47am
Quoting wh1zz0
CHART

Attachment

Successful test on lower volume after mark down by the professionals.

What a great time to mark it down. Traders will try to price in the retails sales which is expected to be better than previous (Market sentiment on news which usually happens before the news).

Secondly, we have some sort of regular MACD bullish divergence supporting this move.

Just to show you how smart these guys are. Smart Money indeed.

Nice trade for me.

P.S: Bears are still up there around the 1.5 zone IMHO....
Whilst I agree with the fake-out move by the pros to buy at a low price - and I'm also looking for a "buy the rumour, sell the news" move, this is what I saw and posted elsewhere.....high volume candles on 5m & 15m showing hidden buying

Just over an hour ago there was a retest of the overnight lows - actually a HL by a pip! - the low candle had a long downside wick and was followed by a spinning top/ doji. Both had high volume, which I view as buying......I'm long after the HL ~the 4875 level....
Trading Levels with WRBs
  • #6,130
  • Edited 6:42am Mar 25, 2010 4:57am | Edited 6:42am
Quoting Islander
Whilst I agree with the fake-out move by the pros to buy at a low price - and I'm also looking for a "buy the rumour, sell the news" move, this is what I saw and posted elsewhere.....high volume candles on 5m & 15m showing hidden buying

Just over an hour ago there was a retest of the overnight lows - actually a HL by a pip! - the low candle had a long downside wick and was followed by a spinning top/ doji. Both had high volume, which I view as buying......I'm long after the HL ~the 4875 level....

Nice one .. I'm always happy to see someone caught a trade with me. Now I dumped and got short from 1.4975 .. SL @ 1.5010 TP @ 1.45 based on my daily chart projection.

VSA side to this. Good news (GBP Retail sales but no news in good news), so it looks like the "herd" is buying. More up bars, on low volume = no demand. Hmm.. Let's see.
  • #6,131
  • Mar 25, 2010 4:59am Mar 25, 2010 4:59am
Quoting wh1zz0
Successful test on lower volume after mark down by the professionals.

What a great time to mark it down. Traders will try to price in the retails sales which is expected to be better than previous (Market sentiment on news which usually happens before the news).

Secondly, we have some sort of regular MACD bullish divergence supporting this move.

Just to show you how smart these guys are. Smart Money indeed.

Nice trade for me.

P.S: Bears are still up there around the 1.5 zone IMHO.
Please tell me if I understand correctly: the way to play this setup would be to go long somewhere on the 3rd or the 4th bar after the high spread markdown candle, at a price level of around 1.4880?
Or would you place a stop buy a bit higher for more confirmation at that moment?
  • #6,132
  • Edited 6:11am Mar 25, 2010 6:01am | Edited 6:11am
Quoting fouraxe
Please tell me if I understand correctly: the way to play this setup would be to go long somewhere on the 3rd or the 4th bar after the high spread markdown candle, at a price level of around 1.4880?
Or would you place a stop buy a bit higher for more confirmation at that moment?
The real way to play it is the way Islander entered which I consider a more conservative entry. I assume he entered around 1.4875 (near the daily open) after the close of the 4th bar (which was actually a down bar) with very low volume telling us it was okay to trust the up-move.

For me, I got in on the close of the 2nd up-bar. But this is an aggressive way I always prefer because I love small stops and perhaps I just felt it was a good mark down.
  • #6,133
  • Mar 25, 2010 6:26am Mar 25, 2010 6:26am
Quoting wh1zz0
The real way to play it is the way Islander entered which I consider a more conservative entry. I assume he entered around 1.4875 (near the daily open) after the close of the 4th bar (which was actually a down bar) with very low volume telling us it was okay to trust the up-move.

For me, I got in on the close of the 2nd up-bar. But this is an aggressive way I always prefer because I love small stops and perhaps I just felt it was a good mark down.
I got in at 1.4875 at after the close of the NS bar(Yellow Arrow). Wasnt up early enough for the spike down.

Reasons:
-Strength/Buying in the background
-Decreasing Volume on the move back onto support
-Support
-NS
Attached Image (click to enlarge)
Click to Enlarge Name: Cable_5m.png Size: 31 KB
Boxing clever since 76.
  • #6,134
  • Mar 25, 2010 6:28am Mar 25, 2010 6:28am
Quoting copi88
I got in at 1.4875 at after the close of the NS bar(Yellow Arrow). Wasnt up early enough for the spike down.

Reasons:
-Strength/Buying in the background
-Decreasing Volume on the move back onto support
-Support
-NS
  • #6,135
  • Mar 25, 2010 6:33am Mar 25, 2010 6:33am
eur/usd stopping volume on 10 min charts very powerful
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM10.jpg Size: 63 KB
  • #6,136
  • Mar 25, 2010 6:56am Mar 25, 2010 6:56am
Quoting sharpster
eur/usd stopping volume on 10 min charts very powerful
even one hour stopping volume could be misleading. be careful sharpster...
  • #6,137
  • Mar 25, 2010 7:42am Mar 25, 2010 7:42am
I've been following/ reading on VSA; definitely seems to address the missing link

Question, is "better volume (emini-watch.com, thinkscripter.com) better volume price bars" similar to/ same as TW's VSA?

The BV-BP paints the volume bars and price bars and categorizes them as

climax up/ down
churn
high volume churn (climax churn)
normal/ low vol

Thanks
  • #6,138
  • Mar 25, 2010 8:10am Mar 25, 2010 8:10am
@ copi88 & wh1zzo.....great that we're on the same page and banking good pips....

I too was late into my first trade as I only start ~30 mins before FO, and as I'm trading the 1 min swings, I had 3 long trades with my last exit in the news spike - I think the FF calendar had the wrong time!

I took a quick short and banked more pips at the 950 level as I was waiting for my MAs to roll over - they did after the last 5m LH at 11:25 gmt, so I sold again....now we have typically low vols into the main NY open..
Trading Levels with WRBs
  • #6,139
  • Mar 25, 2010 8:11am Mar 25, 2010 8:11am
Quoting ozobU
I've been following/ reading on VSA; definitely seems to address the missing link

Question, is "better volume (emini-watch.com, thinkscripter.com) better volume price bars" similar to/ same as TW's VSA?

The BV-BP paints the volume bars and price bars and categorizes them as

climax up/ down
churn
high volume churn (climax churn)
normal/ low vol

Thanks
if i dont know wrongly, there is nothing to do with colors at all actually..

relative volume comparison important, and effect on price (spread)
  • #6,140
  • Mar 25, 2010 8:38am Mar 25, 2010 8:38am
thank you

it (you) then goes on to classify as pro's taking profits high/ low, ameteurs/ retail etc etc
0 traders viewing now