Trade Using VSA (Volume Spread Analysis) | Page 370 | 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)

  • #7,381
  • May 17, 2010 9:24am May 17, 2010 9:24am
Dvarrin , there is a very simple solution to that. Do not open up a short position until the first level of support is taken out.

Those dicey looking no demand bars and upthrusts could be because the overhead supply ( weak holders locked in at higher prices) is now coming into the market as price rallies or maybe some professional operator has booked profits. Whatever be the reason this situation is usually quite tricky because there is weakness in the middle and strength at the bottom.

Ideally if there is bullishness and if most of the overhead supply is taken care of then price should rally straight up after a genuine test of supply and close above the first resistance level on high volumes and wide spreads. After this happens this breakout needs a test. TG calls this Test in a Rising Market. But on higher timeframes this test of a breakout is a very rare occurrence , price usually continues the journey north.

I would suggest that you take spend some time away from charts and then sit down and write criteria's which suit your style of trading and places where you would open and not open positions.

Hope This Helps

Cheers
Lalit
  • #7,382
  • May 17, 2010 11:18am May 17, 2010 11:18am
Hello everybody,

I have a question i am searching for a indi who gives me the volume on the left side of the screen.

I hope someone can help me with that many thanks!!
  • #7,383
  • May 17, 2010 11:55am May 17, 2010 11:55am
Ingmarforex,

Hit the paper clip at top of page and hide the images. On first page is Market Statistics v4 which is based on tick volumn. You have to set a start date and it will build a volumn histogram.

Regards,

holn1dream
  • #7,384
  • Edited 1:27pm May 17, 2010 12:37pm | Edited 1:27pm
Hi

I think the market will move higher again.
ES #F, 4h has nice setup for long, as it has touched the 1118 - 1107 highvol area from the big shakeout some days ago.
Attached Image (click to enlarge)
Click to Enlarge Name: es4h.jpg Size: 85 KB
  • #7,385
  • May 17, 2010 1:08pm May 17, 2010 1:08pm
Quoting holn1dream
Ingmarforex,

Hit the paper clip at top of page and hide the images. On first page is Market Statistics v4 which is based on tick volumn. You have to set a start date and it will build a volumn histogram.

Regards,

holn1dream

Thanks mate
  • #7,386
  • May 18, 2010 3:03am May 18, 2010 3:03am
In the chart below, how do we know if the 2nd bar on the right is an effort to rise or if it is making an upthurst with the last bar?

The professionals seem not to be interested since the price didn't gap up, so we should expect further weakness, is it right?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm30.JPG Size: 93 KB
  • #7,387
  • May 18, 2010 4:15am May 18, 2010 4:15am
Quoting dvarrin
In the chart below, how do we know if the 2nd bar on the right is an effort to rise or if it is making an upthurst with the last bar?

The professionals seem not to be interested since the price didn't gap up, so we should expect further weakness, is it right?
That sir is a Classic Mount Fuji Fakeout. Wallst trades them like mad. I am not 100% but I think it heads south from here. He might pop in to explain it. My charts are a bit whacky atm as I am building out templates for SMART.
The trend always ends.
  • #7,388
  • Edited 4:54am May 18, 2010 4:27am | Edited 4:54am
Quoting Shamus
That sir is a Classic Mount Fuji Fakeout. Wallst trades them like mad. I am not 100% but I think it heads south from here. He might pop in to explain it. My charts are a bit whacky atm as I am building out templates for SMART.
Hello Shamus,

What is "SMART"?

By the way, is it still possible to test the VSA trainer showed on the first post of this thread? I subscribed for test, but got no feedback.
  • #7,389
  • May 18, 2010 6:09am May 18, 2010 6:09am
Quoting dvarrin
Hello Shamus,

What is "SMART"?

By the way, is it still possible to test the VSA trainer showed on the first post of this thread? I subscribed for test, but got no feedback.
SMART is the VSA trainer

By the way Shamus, I stepped in the chat yesterday during London session to check things out... and there was only 3 persons!
Usually there was around 40+, even if most wouldn't talk... looks abandoned

(I'm in a 1 week holiday to rest from a bad flu case, and using the free extra time to go back to trading... and it's been great to be back to business )





  • #7,390
  • May 18, 2010 7:40am May 18, 2010 7:40am
Quoting tonirai
SMART is the VSA trainer

By the way Shamus, I stepped in the chat yesterday during London session to check things out... and there was only 3 persons!
Usually there was around 40+, even if most wouldn't talk... looks abandoned

(I'm in a 1 week holiday to rest from a bad flu case, and using the free extra time to go back to trading... and it's been great to be back to business )





Thank you very much for your answer Tonirai. I hope the vsa trainer will soon be brought to life. It look's really nice given the picture in the first post.

I'm not at all a VSA pro, but I've already written some MT4 code if you need some help.
  • #7,391
  • May 18, 2010 7:53am May 18, 2010 7:53am
Here is a pic of my live trade on May 17

I traded 2 times. short on NoD and long on frankie Fake Out


Regards,

http://imepita.jp/20100518/787160
  • #7,392
  • May 18, 2010 9:02am May 18, 2010 9:02am
hi fellow traders, can anyone please help me with this? i have a high volume climax up bar but a down price bar, what does this mean? isn't the usual high volume up bar with up price bar?

thank you for reading

Bethel
  • #7,393
  • May 18, 2010 9:13am May 18, 2010 9:13am
Can someone please point me in the direction for finding a color code for the VSA 1.4

What the red, white, blue, yellow, fuscia stand for and how they work.

Thanks

Kightster
  • #7,394
  • May 18, 2010 10:50am May 18, 2010 10:50am
Quoting tonirai
SMART is the VSA trainer

By the way Shamus, I stepped in the chat yesterday during London session to check things out... and there was only 3 persons!
Usually there was around 40+, even if most wouldn't talk... looks abandoned

(I'm in a 1 week holiday to rest from a bad flu case, and using the free extra time to go back to trading... and it's been great to be back to business )






Yeah I know a lot of us moved on because a whole bunch of people came in and used the chat room as an alert service or didn't read up on the thread and it was getting tiresome to have to police it.

There are private rooms now but after SMART is launched I'll get the open chat rolling again. PM me
The trend always ends.
  • #7,395
  • May 18, 2010 10:51am May 18, 2010 10:51am
Quoting Bethel
hi fellow traders, can anyone please help me with this? i have a high volume climax up bar but a down price bar, what does this mean? isn't the usual high volume up bar with up price bar?

thank you for reading

Bethel
Volume moves independently of price. Try taking a look at the "Reader's Digest Condensed Version of MTM" listed the resources section of the first post.
The trend always ends.
  • #7,396
  • May 18, 2010 8:28pm May 18, 2010 8:28pm
What's the view of the experts out there? Do you find any difference in VSA between trending and ranging pairs?

I've been taking successful setups with GU and GJ last week, but all shorts, and I am wondering if I'm really seeing quality VSA setups or just selling rallies on price action in a serious down trend.

I would assume that the BB would find it easier to accumulate, mark up, distribute and mark down when a pair is ranging rather than strongly trending.

What do you all think?
  • #7,397
  • May 19, 2010 12:23am May 19, 2010 12:23am
Quoting f451
What's the view of the experts out there? Do you find any difference in VSA between trending and ranging pairs?

I've been taking successful setups with GU and GJ last week, but all shorts, and I am wondering if I'm really seeing quality VSA setups or just selling rallies on price action in a serious down trend.

I would assume that the BB would find it easier to accumulate, mark up, distribute and mark down when a pair is ranging rather than strongly trending.

What do you all think?

I personally find it easier in a ranging market but thats because I'm very poor at recognising Acc/Dist which is vital for trading with the medium (or longer) term trend.
  • #7,398
  • May 19, 2010 1:15am May 19, 2010 1:15am
I have been following this thread for about a month now...

I just wanted to say thank you to everyone for posting all the literature and contributions to help with learning VSA. I know there are quiete a few thank you posts, but still its worth saying due to taking time the help without asking anything in return.

Ok Im stepping back into the shadows... Good trading everyone.
  • #7,399
  • May 19, 2010 2:32am May 19, 2010 2:32am
How is a gap-down formed? What is it's reason?

For a gap-up, after a trading range, we know that's the smart money who want to keep traders in. But what happens in a gap-down?
  • #7,400
  • May 19, 2010 3:51am May 19, 2010 3:51am
Quoting dvarrin
How is a gap-down formed? What is it's reason?

For a gap-up, after a trading range, we know that's the smart money who want to keep traders in. But what happens in a gap-down?
Why don't you google "gap-down" ?
10 traders viewing now