Trade Using VSA (Volume Spread Analysis) | Page 311 | 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)

  • #6,201
  • Mar 30, 2010 3:38am Mar 30, 2010 3:38am
Quoting Intel
has anyone else just seen a gap up on GU M15?
Just noticed I've lost my connection, maybe thats something to do with it.
  • #6,202
  • Mar 30, 2010 3:38am Mar 30, 2010 3:38am
Quoting Intel
Just noticed I've lost my connection, maybe thats something to do with it.

Connection back.....no gap
  • #6,203
  • Mar 30, 2010 3:47am Mar 30, 2010 3:47am
Quoting Intel
Hi guys,

GU looks very odd to me, not so easy to see a definate move.

I think its getting ready to come down shortly.

It seams to me that although there is weakness about, the price has drifted upwards due to lack of selling pressure rather than a mark up (with the exception of the 06:45 bar on M15 chart.

However, things could go the other way (like I said.....looks a bit odd).

The next 2 hourly bars will show us whats going on for the short term I think.

M15

2 bar UT confirmed, followed by UT.....down move could be starting. Still beware.
  • #6,204
  • Mar 30, 2010 4:01am Mar 30, 2010 4:01am
Quoting Intel
M15

2 bar UT confirmed, followed by UT.....down move could be starting. Still beware.
Up bar on low volume.
  • #6,205
  • Mar 30, 2010 4:25am Mar 30, 2010 4:25am
Price action can be quite tricky at trend lines you know. Here, trend line is acting as support.. Hmm. Let's see who wins

Attached Image (click to enlarge)
Click to Enlarge Name: trendline acting as support.gif Size: 31 KB
  • #6,206
  • Edited 4:37am Mar 30, 2010 4:34am | Edited 4:37am
Quoting wh1zz0
Price action can be quite tricky at trend lines you know. Here, trend line is acting as support.. Hmm. Let's see who wins

Attachment

Not sure it's about 'who wins'. Just trying to read the charts.

26 pips in the bag and playing with 6 pips short at the mo sl at BE.
  • #6,207
  • Mar 30, 2010 4:38am Mar 30, 2010 4:38am
Quoting wh1zz0
Price action can be quite tricky at trend lines you know. Here, trend line is acting as support.. Hmm. Let's see who wins

Attachment
in two three day terms, the could rise and rise. however, if there is a weakness in the background, it has to decrease.

and, i am not sure if there is weakness in the background.

however, I have seen up bars ( 30 min, 1 hour) which shaped like so in last 1 minutes generally from something up-thrust.

in my opinion it gonna decrease, but from where ? from this level or 100 pips above ? today or tomorrow ? or friday ? or monday ?

it may also now go sideaways, like yesterday in 20 30 pip range. and they may increase it again some 100 pips anad again.

also, it seems now up trend. they would like to fool the people, however what is the direction they want people to run
  • #6,208
  • Edited 4:52am Mar 30, 2010 4:39am | Edited 4:52am
Quoting Intel
Not sure it's about 'who wins'. Just trying to read the charts.

26 pips in the bag and playing with 6 pips at the mo sl at BE.

Yep. That's the more reason why you have to follow "who wins" according to the VSA rules. Just be aware is what I mean. I just took the one on EU and so far I see no reason to take the one on GU (just yet).

Quoting bruceli
in two three day terms, the could rise and rise. however, if there is a weakness in the background, it has to decrease.

and, i am not sure if there is weakness in the background.

however, I have seen up bars ( 30 min, 1 hour) which shaped like so in last 1 minutes generally from something up-thrust.

in my opinion it gonna decrease, but from where ? from this level or 100 pips above ? today or tomorrow ? or friday ? or monday ?

it may also now go sideaways, like yesterday in 20 30 pip range. and they may increase it again some 100 pips anad...

Just be aware that sometimes there could be weakness in the background and suddenly the weakness is overcome. And vice versa.

Because if you use the trend line as a guide you will understand that GU is supposed to be a long since the highest volume bar appeared on a down bar just above support.
  • #6,209
  • Mar 30, 2010 4:53am Mar 30, 2010 4:53am
I think we've all and agreed that we have no clear indications of a significant move in either direction.

It is very tricky at the mo however, these conditions sometimes offer some good scalping (20 pips or less) opportunities.

These are the trades I'm taking while waiting for better, bigger trades to come.

ps. Just noticed I been stopped out at BE......bugger!!
  • #6,210
  • Mar 30, 2010 5:22am Mar 30, 2010 5:22am
Quoting wh1zz0
Yep. That's the more reason why you have to follow "who wins" according to the VSA rules. Just be aware is what I mean. I just took the one on EU and so far I see no reason to take the one on GU (just yet).




Just be aware that sometimes there could be weakness in the background and suddenly the weakness is overcome. And vice versa.

Because if you use the trend line as a guide you will understand that GU is supposed to be a long since the highest volume bar appeared on a down bar just above support.
could you post it when you are free ?
  • #6,211
  • Mar 30, 2010 5:24am Mar 30, 2010 5:24am
Quoting bruceli
could you post it when you are free ?
Yeah I'll post later.
  • #6,212
  • Mar 30, 2010 5:25am Mar 30, 2010 5:25am
Quoting bruceli
could you post it when you are free ?
If you're after his chart with trend lines on it, he posted it a couple of posts back.
  • #6,213
  • Edited 5:26am Mar 30, 2010 5:25am | Edited 5:26am
Quoting Intel
If you're after his chart with trend lines on it, he posted it a couple of posts back.
Sorry Wh1zz0, beat me to it
  • #6,214
  • Mar 30, 2010 5:28am Mar 30, 2010 5:28am
ok then, let me check all , thanks..
  • #6,215
  • Mar 30, 2010 5:33am Mar 30, 2010 5:33am
Quoting bruceli
ok then, let me check all , thanks..
Sorry mate, go here
  • #6,216
  • Mar 30, 2010 5:38am Mar 30, 2010 5:38am
Quoting Intel
Sorry mate, go here
yes yes, I remembered it, thankss ..

i think scalping is the best in these times , I agree with you totally.
  • #6,217
  • Mar 30, 2010 6:11am Mar 30, 2010 6:11am
Now....

You could have gone short and gone long and still made profits (i.e if you can do double time frames). But on GU I didn't take any trade. I only went short EU and was out with a a quick 45 pips. No over trading.

But here's what I talked about... let's take M15 chart first, then the M5.

Attached Image (click to enlarge)
Click to Enlarge Name: GU_Using_Trendling_with_VSA_M15.png Size: 105 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GU_Using_Trendling_with_VSA_M5.png Size: 100 KB



Then... My EU trade from M15 which actually was pretty straight forward.

Attached Image (click to enlarge)
Click to Enlarge Name: EU_Trade_with_VSA.png Size: 65 KB



Hope this helps someone.
  • #6,218
  • Mar 30, 2010 6:30am Mar 30, 2010 6:30am
Quoting wh1zz0
Now....

You could have gone short and gone long and still made profits (i.e if you can do double time frames). But on GU I didn't take any trade. I only went short EU and was out with a a quick 45 pips. No over trading.

But here's what I talked about... let's take M15 chart first, then the M5.

Attachment

Attachment


Then... My EU trade from M15 which actually was pretty straight forward.

Attachment


Hope this helps someone.

Thanks for the charts, nice and clear. I agree with your interpretation of GU, infact, your number 2 on chart 1 is where I took my first trade.

Not sure about the ND on EU tho. It looks a bit wide spread and finishes too close to the high for me. having said that, I would have been in at the close of the bar following your ND because whether it is a ND or not, I believe the sentiment was there.

Thanks again.
  • #6,219
  • Mar 30, 2010 6:39am Mar 30, 2010 6:39am
Increasing price on lowering volume with narrowing spreads.

Are we getting close to a drop, not sure yet wait and see what the next bars tell us.
Attached Image (click to enlarge)
Click to Enlarge Name: 6.GIF Size: 73 KB
  • #6,220
  • Mar 30, 2010 7:29am Mar 30, 2010 7:29am
GU M15

Possible test of the confirmed UT
9 traders viewing now