Trade Using VSA (Volume Spread Analysis) | Page 361 | 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)

  • #7,201
  • May 2, 2010 3:53pm May 2, 2010 3:53pm
Hello Friends: My hope that all are well holds a prominent place in my thoughts. Behold: The CADCHF Daily. A big bearish engulfing candle after a week of distribution capped off by an upthrust retest of the highs might presage a follow through mark down. However, there is a dearth of event risk for both CAD & CHF until Thursday, May 6th. Finviz.com's future's heat map indicates CAD red and CHF green. Lumber LSK contract is very red, and XHB looks like its going into a Wyckoff distribution top. http://www.finviz.com/futures.ashx http://www.barchart.com/charts/XHB I'm watching CADCHF anticipating further down moves towards 1.0440~ish

Best Wishes
****************
Attached Image (click to enlarge)
Click to Enlarge Name: $cadshf_d_5-2-10.gif Size: 20 KB
  • #7,202
  • May 2, 2010 4:46pm May 2, 2010 4:46pm
Quoting Intel
Hey Malcolm,

When you're identifying buyers/sellers during Asia, do you just look for long shadows at tops and bottoms or, do you use other methods. Would you post some more charts of this please, your last one is very helpfull.

Many thanks
Attached Image (click to enlarge)
Click to Enlarge Name: chart2166.png Size: 265 KB
Blogging daily now at www.volume.zone
  • #7,203
  • May 2, 2010 4:50pm May 2, 2010 4:50pm
Attached Image (click to enlarge)
Click to Enlarge Name: chart2167.png Size: 243 KB
Blogging daily now at www.volume.zone
  • #7,204
  • May 2, 2010 4:53pm May 2, 2010 4:53pm
This is a post i made in cable thread and said entry long 1.5142

Attached Image (click to enlarge)
Click to Enlarge Name: chart2168.png Size: 234 KB
Blogging daily now at www.volume.zone
  • #7,205
  • May 2, 2010 4:56pm May 2, 2010 4:56pm
last few charts show how the trades are determined and formed ages before they happen.

Think that the gap on eu was any shock to me today ?
Blogging daily now at www.volume.zone
  • #7,206
  • May 2, 2010 5:49pm May 2, 2010 5:49pm
Thanks for the Charts Malcolmb14 !

and the insight into reading VSA
  • #7,207
  • May 2, 2010 10:54pm May 2, 2010 10:54pm
Quoting malcolmb14
last few charts show how the trades are determined and formed ages before they happen.

Think that the gap on eu was any shock to me today ?
damn malcomb you could have told me about that drop...now im almost 100 pips in Drawdown...

what do you think is best now.. do you think it reach around 3000 first or 3450......sorry just not sure where it goes .....
StopLoss is for none belivers... Trust the Gurus..
  • #7,208
  • May 2, 2010 11:14pm May 2, 2010 11:14pm
Quoting lillelise
damn malcomb you could have told me about that drop...now im almost 100 pips in Drawdown...

what do you think is best now.. do you think it reach around 3000 first or 3450......sorry just not sure where it goes .....

did not even see it coming .. this whole down move is on low volume...

This could be some kind of manipulation before the real players arrive tomorrow in london

talk of risk aversion in play .

I was stopped out -55
Blogging daily now at www.volume.zone
  • #7,209
  • May 3, 2010 2:09am May 3, 2010 2:09am
Quoting malcolmb14
did not even see it coming .. this whole down move is on low volume...

This could be some kind of manipulation before the real players arrive tomorrow in london

talk of risk aversion in play .

I was stopped out -55
low volume maybe because JAPAN, CHINA and UK bank holidays? so how is VSA interpretted when there is no big players in the first place?

Thanks.
  • #7,210
  • May 3, 2010 3:39am May 3, 2010 3:39am
Quoting topdogg
low volume maybe because JAPAN, CHINA and UK bank holidays? so how is VSA interpretted when there is no big players in the first place?

Thanks.

Love bank holiday mondays, feet up for the day watching sport, thats my trade for today.
  • #7,211
  • May 3, 2010 7:56am May 3, 2010 7:56am
Quoting malcolmb14
last few charts show how the trades are determined and formed ages before they happen.

Think that the gap on eu was any shock to me today ?
these are a great help Malcolm thanks. I have been looking into trading the exact same way for the last week or so. Trying to formulate a trading plan before I put it into action.

I wasn't sure how reliable the volume during Asia could be but, I've found that it can be used for VSA.

Sometimes Frankie has quite a big fake out which, had I been trading, would have caught my stops. Have you found this a problem? I haven't found a reliable method for placing my SL yet. May I ask how you set yours?
  • #7,212
  • May 3, 2010 8:14am May 3, 2010 8:14am
Quoting malcolmb14
One trade

I typically take one trade a day. My goal is 50 to 100 pips a day and then get out

Each day pairs have a range , so 90% of the time this range will complete between the aisa and us session , we as traders just have to determine which direction days session will be moving in and with vsa and background we can determine this with a fairly high degree of accuracy.

I will typically plan my trades based on event of US and asia session and place trades in late asia / ff for daily range set ups in London .

Attachment ...
How do I get this colored Volume Indicator ???
  • #7,213
  • May 3, 2010 8:32am May 3, 2010 8:32am
Quoting chrisyeap
How do I get this colored Volume Indicator ???
easy
at attachements, lots of colored,uncolored volume mql4s.. u can find... but it is rather important to use a reliable volume feed as esginal.. but if u dont wanna pay for esignal, then it is suggested dukascopy ,odl which are close to esignal..

and colors are not the importance, their relative sizes are the subject.. although i am still learning what i ve said
  • #7,214
  • May 3, 2010 10:21am May 3, 2010 10:21am
Need some help here.
We have sideways market between two yellow vertical lines.

So here we need to decide what is it? Accumulation or distribution?
We see that near support line volume is high! And before this accum/distrib phase we had mark down. So this suppose to be a distribution.

BUT...

From the other hand we can tell that near support line we see some buying:

1) Selling climax
2) Support coming in.
3) Some selling
4) Again support

So, from the second picture we can say that market should go to the north.

If so, what is it? № 5? In my opinion it is some kind of shakeout?

What is your opinion?
Attached Image (click to enlarge)
Click to Enlarge Name: eu4.gif Size: 26 KB
  • #7,215
  • May 3, 2010 10:42am May 3, 2010 10:42am
Quoting V_2008
Need some help here.
We have sideways market between two yellow vertical lines.

So here we need to decide what is it? Accumulation or distribution?
We see that near support line volume is high! And before this accum/distrib phase we had mark down. So this suppose to be a distribution.

BUT...

From the other hand we can tell that near support line we see some buying:

1) Selling climax
2) Support coming in.
3) Some selling
4) Again support

So, from the second picture we can say that market should go to the north.

If so, what is it?...
look at 30 min if you have one

I think this is shake out .. sudden drop in us when us markets are giong UP is odd

almost like pros are positioning for when london comes back on line tonight

any way I think I may take week off as I am not loving pa so far , vsa set ups not working and games being played due to Greece bail ut vote end of week and uk elections
Blogging daily now at www.volume.zone
  • #7,216
  • May 3, 2010 10:51am May 3, 2010 10:51am
Quoting malcolmb14
look at 30 min if you have one

I think this is shake out .. sudden drop in us when us markets are giong UP is odd

almost like pros are positioning for when london comes back on line tonight

any way I think I may take week off as I am not loving pa so far , vsa set ups not working and games being played due to Greece bail ut vote end of week and uk elections

do you think its a good idea to close my long out from 3280 in eurusd...???
even VSA said it would reach 3450 ...or schall i just be patience and wait for goal. ??? TH
StopLoss is for none belivers... Trust the Gurus..
  • #7,217
  • May 3, 2010 11:42am May 3, 2010 11:42am
Quoting lillelise
do you think its a good idea to close my long out from 3280 in eurusd...???
even VSA said it would reach 3450 ...or schall i just be patience and wait for goal. ??? TH
really up to you , eu has frustrated the shit out of me all day ... the games being played are unreal

Look es is ripping and eu ...well it is doing nothing

I have a feeling this is some form of mark down

I would watch that 1.3200 level in euro / london session.IF we get above that chance that the low is in for the week.
Blogging daily now at www.volume.zone
  • #7,218
  • May 3, 2010 11:53am May 3, 2010 11:53am
eu may take

I got a long 3160 ..target 3500

low volume mark dwon thru asia and then today final shake out and we saw potential climatic action on 60 min

stop is 30 pip
Blogging daily now at www.volume.zone
  • #7,219
  • May 3, 2010 12:16pm May 3, 2010 12:16pm
Quoting malcolmb14
eu may take

I got a long 3160 ..target 3500

low volume mark dwon thru asia and then today final shake out and we saw potential climatic action on 60 min

stop is 30 pip

that would be quite the rape
long 1.3164 here
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #7,220
  • May 3, 2010 12:28pm May 3, 2010 12:28pm
Quoting djambazov84
that would be quite the rape
long 1.3164 here

eu owes me .... got stop out twice last night on long attempts ... it is pay back time bitch lol

G ..waht did i say about ES ? made all 15 points on that one
Blogging daily now at www.volume.zone
1 trader viewing now