Trend Trading All Pairs

I think the AUDCAD would be a good short if it breaks below the lower channel of the triangle it has formed on the daily and weekly chart, coming right off a high resistance that seems to have bounced off of.

--NM

I HAVE COMPILED ALL THE REPLIES INTO ONE POST.

Of course.

I understand. I just have a low tolerance for bullcrap, that is all. Your intention may have been very noble. And i understand the argument about "i have my opinion, you have yours...there is no one PERFECT way to trade the market...blah..blah...blah". I just believe there is a limit to that democratic way to trade the market. Somethings just doesnt compute. Blame this inflexibility of mine on my hard science background, if you want. Your math is either right or wrong--that is my background. Perhaps, it has too much influence on me. The basis of your reasoning either makes sense or not. Using planetary circles to trade the market is another silly one. YOU CANNOT USE volume spread analysis TO TRADE THE RETAIL FOREX SPOTS market. YOU CANT. This is not about democracy, it is about the basis of your reasoning being faulty. Reread Custos original argument here:
http://www.forexfactory.com/showpost...postcount=5830
It works in stocks, and market profile works futures/stocks, but not in retail forex spots. The reason were succintly explained by Custos.
The realm of the rationally possible is the realm of the rationally possible.

For stocks and futures? yes. Consult steidlmayer market profile too...for retail forex spots? hell no!

REPLY TO NIGHTMOVES is below...i have interspersed my response inbetween his posts.

Nightmoves said:
Dude you need to a chill pill, just because someone uses something that you do not does make that method any less reliable than what you use.

Entropy SAY: Sometimes it does. I agree with democratic approach to trading....to an extent. But there is a limit. Somethings are just pure garbage. I am absolutely unwilling to tolerate it in the name of "open-mindedness". There are areas that i have been wrong(my initial objection to precision trade by CUSTOS was one,...i later changed my mind.). VSA does not apply to retail forex spots. There is no "maybe" about it. One can argue the fuzzy areas of elliot waves, or even indicators like bollinger bands, or macd, or this or that; but using VSA when there is no volume in retail forex spots or using planetary circles, just doesnt compute. What the fuck else is there to say?


Nightmoves said:
I do not use VSA and apparently you dont either but it does not matter, you do not have to use it. This is not about condemning someones method if they have a method that works and they have been using with success then it works.

Entropy say: You are an engineer, nightmoves, let us discuss it this way: will you support a geocentric view of the universe over a heliocentric view of the universe?Of course you wont.I am sure people arguing with Copernicus were claiming "this geocentric view has been workiing for years". I am sorry, garbage is garbage. If that makes me an intolerant bastard, so be it.

Nightmoves said
This thread is about trading currencies in the FX and traders helping traders not about slamming someones method or attacking someone. If you dont agree with the method then dont use it, all he did was share knowledge and information it is up to you whether or not to use it.

Entropy say: So, i should not slam bullshit? I should not call crap a crap? Because that may upset sensitive feelings and ruffle feathers? Because some people will go home and cry to their momma?
And it is not that i do this with every post. I dont. Only occasionally when the post is soo full of swollen turds swimming in the middle of a toilet bowl, and refuses to be flushed down.
Okay, i think i get it: I can come here and talk about any trading method, say, "the three exploding fart technique" if i claim it works for me for years and, i can talk about it in a pretentiously serious manner for hours and posts after posts?


Nightmoves said
ABSOLUTELY NO REASON TO SLAM OR ATTACK ANYONE ON THIS THREAD

Entropy say: I dont think i was attacking or slamming anybody. i thought i was attacking and slamming his method, not the man. There is a difference.

Nightmoves said
if some one comes in being to be a smart ass then then I can block them from returning to the thread. This will be the last time I say this;

Entropy say:
I have no doubt that one day you will eventually kick me out.

Nightmoves said:
it rediculous in my opnion to act like that in any situation when someone is only trying to share information again whether you use the information or not is totally up you.

Entropy say: Not all information are created equal. Some are based on crap, as such, bullshit in, bullshit out. I have no tolerance for those. If you think i am full of it, call me out; if i think you are full of it, i will say the same thing. To me that is what constitute vigorous exchange of ideas. Not tiptoeing and trying not to hurt everybody's feeling. Where i was out of line, i have publicly apologized. Remember the post that lead to this:
http://www.forexfactory.com/showpost...postcount=3285
When i am out of line, i am out of line. But bullshit is bullshit.

Remember when i disagree with your post about "trend explosion" indicator by hector? Nobody cried over that.

Let us see here, nightmoves.

First, you took away my brazilian pictures.
Secondly, i cant energetically argue against something i think it is odious garbage.

So, what will you have me do, nightmoves? Tell VSA-MAN that VSA makes sense or just be quiet when i think it is full of shit when applied to retail forex?

Like i said, i have no doubt you will one day kick me out of here..... I mean, it is not that i do this every single day...most of the time, i am posting about tradings or getting along fine and gently with everybody, but sometimes, once in a while, some person say something i viscerally disagree with, as such, i let them have it. of course, they can return the compliment if they wish.

I have read all your comments and you know excactly what this thread is about, VSA trading in FX is actually quite popular for a lot of traders, some have been doing it for years with success, I do not use it because it is spot forex and volumes come from to many places to be accurate imo and thats all it is an opinion, I have not tried it so I cant say it is pure garbage, there are million ways to get the job done and again that is my opinion and thats all it is.

Disagreeing is one thing but you have a tendancy to carry it over board, and yes I am an engineer and thinking out of the box is my job, so until I see the data I cannot comment on what is right or wrong in trading FX. Some like indicators some dont it is not up to you or me to decide how someones trades the market nor am I ramming my method down anyones throat.

If you do not like the method someone uses then dont use it, you can give an opinion and there is nothing wrong with that, the exchange of information is what this is about and trading with the trends no more no less.

The brazilian pictures you are complaining about are for other threads not this one. Humor is one thing but in a public thread show some respect for others that may not find the humor in them, we have had this discussion in PM and you made it clear you understood I am now thinking you really do not care one way or the other, but again that is up to you.

There a thousand threads in FF that you can post pretty much anything you want, but not this one, your opinion is appreciated as well as your contributions but just keep in mind we are not the only ones in this thread at any given time, believe it or not there are kids that check this out as well, and yes they can find that stuff all over the internet but one thing for certain is they will have to search for it if they want it because it is not going to be found in this thread.

If you want to trade here you are welcome to do that if you are not willing to repsect a few things that I ask then then I guess it is time to find another thread to trade in.

I like your contributions and I am sure others do as well, but show some respect to others in this thread and respect for other traders. I do not think I am asking that much.

And the language has got to be cleaned up again it is a public thread, I can talk like that too and many times do, the difference is I know when it is appropiate (if ever) and when it is not and I certainly do not express myself in public places in such a manner. I am not running a Mr clean forum but that kind of nonsense is a big distraction to the focus of this thread.

There is not a single person in this thread or that comes to this thread that has all of the knowledge and all the ins and outs about trading FX trading or any other market, if that were the case then my guess is they would not be visiting FF forums or any forum for that matter, I agree there is a lot of methods out there that are doomed from the start, and frankly I do not really care because I dont use them.

But I also do not go off on someone because they tried to share information whether I like the info or not can be explained and detailed with out acting like someone just burned your house down.

--NM

Custos,

If I can help you reach a point to see if it can help your trading, let me know. Williams, the creater of VSA, based his approach to the markets following the teaching of Wykoff. He made a change to the method dropping the opening from the analysis. No idea if that was really a benefit or to be different and be marketable.

In any event VSA is Williams creation. He does trading seminars to promote VSA and in them discuss using VSA in the spot forex market. I might have either a link or the videos themselves. Also stuff on YouTube.

I have not purchased or use his product.
I do not trade by VSA information only.

I use it once I have made a decision - to better time pulling the trigger or in some cases it has prevented me from taking on a trade.

At best I hope to add to the existing number of conflunces. I want to learn the methods your all using. Trading forex is not easy and if you want to have a life. I am at a point where it is make it or brreak it. I can make a lot of money with large returns, but have no life. If I try to have life, I miss the good trades.

Take care,
BR

I understand. It has been a pleasure knowing all of you....

Let us face it: it is only a matter of time before i break the rules again, better to part ways on the best of terms. I am what i am. C'est la vie.

Time for me to go(i will make sure the door doesnt hit me on the backside...hahaha.)

Truly, this thread has contributed to my growth in many ways. I deeply appreciate it. Special thanks to NIGHTMOVES and CUSTOS. And to every contributor on this thread that has made it an enjoyable, enriching experienceaulette, PippyD, Pip Dawg, shahroor, Yunero, mrtkscape, a_5, andy_g, chrisP, (hope i am not leaving anybody out) and all the things i have learnt from each and everyone of you. My best regards. Best of luck in your trading.

Au revoir.

thanks, gonna check out some videos about that on youtube.

NM,

Thank you for trying to maintain this wonderful thread and your continued effort to those that come hear to share and learn. It seems you have a great group of people who come from a positive place in sharing and supporting trading decisions. Very unique on the internet and for that as its steward you are to be commended and for everyone participating in this positive environment, I applaud.

I would like to be say, that much like a round number or a fib, I am hoping that VSA might prove to be one more in the list of things on the check-list to help confirm a set-up. I do not see how one can trade VSA by itself and therefore do not view it as a trading method. If I had viewed it that way, I would have never mentioned it as your thread is about methods that you and others have come to share and support one another in. I never considered it a hijack, if it appeared that way I apologize.

It is my sincere hope that I can get to a place that what is shared here can create a better balance in my life. Thank you everyone for all you do!
BR

Really this thread is all about trading trends and effective ways to do that, not the method we use to do it, even though there are quite a few of us that use the same method with some very good results the method is just an after fact and a coincidence that there are others that use the same the method or fact there of that I do.

There are so many ways to trade this market and how to enter a trend and I think the exchange of that kind of information is priceless. There are so many good traders that come to this thread using the same method I am using and some come here using other methods. The whole intent of the thread was to locate potential setups and trade.

Thats really it. It is not about anything else and I have a learned a great deal and I have been trading for about 5 years so I am still a newbie compared to so many of the traders out here. I have my own little techniques that apply now and again and sometimes they score big and sometimes they dont.

I am always open to see what other traders have in their bag of tricks, some of them are of course just rediculous but I dont have to use them. As long as we are all making good trades in this thread then I think it is a successful thread and we cant lose focus over what we are trying to achieve and thats winning trades time and time again.

The method I use I know works or I would not be here after 5 years of trading, however that does not mean there is not a better more efficient way of doing it so I am open to look at anything that might have some merit to it, the only way to know if there is merit to it is to demo trade and see what the outcome is.

About the only thing I am not open too is predicting the market, we all know that cant happen if it could happen we would all be rich in 1 day.

So really we continue on the same journey as we started and that is to keep posting the setups and exchanging information.

I am pretty solid in my method and the way I trade and not easily convinced to trade any other way but I still like to experiment with anything that looks like it has a chance of improving the method.

So keep posting charts setups and comments on the why's and why nots of the setups and I think we will a make a good profit by the end of the year.

--NM

Hello guys..
quite busy lately.. hope i can join u guys next week..

wow! just heard about VSA here.. glad if can learn it with u all

p/s: Huh, Entropy is leaving?.. Good luck to u too buddy

nice big triangle there.. waiting for kaboom!

well, i have changed my template to brighter color.. looks more easy for my eyes..

Looks good, I like the color of it. Also the EURAUD on the 4 hour looks really good too.

--NM

USD/CAD & CHF/JPY weekly chart is interesting too.. looks like good for short..

Yeah, i see the setup.. Thanks..

I was looking at the weekly chart of the EurCad and becareful going short there is a nice pin bar at the bottom and it may headed back up again.

--NM

I'm waiting for breakout on GBP/USD also..

I think the EURAUD is a really good looking setup if it all holds together.

--NM

There are Head & Shoulder pattern on NZD/USD-H4 & EUR/JPY-Daily.. but the EJ is too many resistance waiting on upside..

Looks like the NZDUSD could be headed down, along with the H&S there is also the latest double top which seems to have held so far.

--NM

Any comment about AUD/USD?

I am actually looking to take a short on that pair, Custos is already in it but I think it could head south for a quite a nice trip.

--NM