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vsa with Malcolm

  • #581
  • Jun 25, 2010 7:14pm Jun 25, 2010 7:14pm
Thanks intel, definitely helpful anyway! i really got it this week that context is king (i.e. recent background pressure). now the first thing i look at on a chart are the UH vol bars. thanks for drilling it in.

cheers

Quoting Intel
AAAAARRRRGGGGHHHHH
Just spent half an hour answering a post only to find that I got mixed up somehow and I've answered the wrong one!!!!
Never mind, I'll post anyway.



Your bar is 2 things.

It is indeed a No demand but, it is also a polar bear in Hawaii.

There is no weakness in the background only strength. When you have strength on the chart you can ignore a single ND and treat it as just another up bar.

If you had seen some weakness before, then the...
  • #582
  • Jun 25, 2010 11:09pm Jun 25, 2010 11:09pm
Humble Pie. If you can't beat 'em, join 'em.

Based on the thread title I don't know if I should post here. But then again, I have moved into Mal's camp more than ever. I don't use Hull MAs or some of Mal's other tools, yet his footprint on my trading is certainly evident.

This was so beautiful and I had to share.

A: Yao Ming volume on a down candle closing well of its low with the next
candle up. This is strength and sets our background. If the volume on this candle had been selling, then the next candle could not be up.

B: Increasing volume on a down bar, but the next candle is up. Here the high volume (greater than average) on a down candle is masking strength. This candle is not of that great of import but what happens next is very interesting.

C: Two candles later we see a down candle that makes a lower low than the previous candle and closes near its own high on volume less than the previous two candles. This is a test. The market is ramped down and then closes near its high when there are no sellers found. Sellers are what they are testing for. However, note that while volume is less than the previous two, it is still above average. Not great for a test/no supply bar. Moreover, we are on the wrong side of the Dynamic Balance Point Line.

D: Here the volume bar is yellow. This tells us that not only is this volume less than the previous two candles, it is the lowest in 20 candles. There is truly no supply here. Note that we are not quite as low as the low of bar A an volume is nowhere near as high as A. The range of this candle is greater than the previous but we must conclude there is no selling pressure present here.

E: Taken with D, we have a two bar reversal. Note how volume increases on this up candle. Whilst it is true that weakness, when it appears, appears on up candles, it is also true that increasing volume on up candles is bullish. As long as the volume is not excessive. Again also of note is where this is happening in relation to our Yao Ming candle.

F: One of the best places to get long. We have seen strength in the background and now the trend has clearly changed to up. The key on this candle is that it makes a lower low and then closes off the lows on volume less than the previous two candles. This is more of a hidden test than a regular test as it closes up from the previous candle.

We want to enter on the next candle with a breach of the hidden test's high. Certainly we didn't get in at the bottom, but we don't try to pick tops and bottoms; we let them pick themselves.
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #583
  • Jun 25, 2010 11:41pm Jun 25, 2010 11:41pm
Thanks for coming back Hidden Gap. You were missed.
  • #584
  • Jun 25, 2010 11:57pm Jun 25, 2010 11:57pm
HG,


I am so glad to see you posting here!!
Thank you so much for all of your posts sir

Donnie
  • #585
  • Jun 26, 2010 1:01am Jun 26, 2010 1:01am
Very good explanation and educational example

It will be great if you could continue contributing with this kind of post.

Thank you!


Quoting HiddenGap
Humble Pie. If you can't beat 'em, join 'em.

Based on the thread title I don't know if I should post here. But then again, I have moved into Mal's camp more than ever. I don't use Hull MAs or some of Mal's other tools, yet his footprint on my trading is certainly evident.

This was so beautiful and I had to share.

A: Yao Ming volume on a down candle closing well of its low with the next
candle up. This is strength and sets our background. If the volume on this candle had been selling, then the next candle could not be up.

B: Increasing...
  • #586
  • Jun 26, 2010 1:14am Jun 26, 2010 1:14am
Malcomb and HG is the best tag team ever like Stan Hansen and Bruiser Brody
  • #587
  • Jun 26, 2010 3:52am Jun 26, 2010 3:52am
Oh man, it's so good to see you back and posting. Your help and advice has been dearly missed.

I'm sure Malcolm will welcome your input. I hope you have sorted whatever made you stop posting.

For those who don't know, HG like Malcolm, is the real deal.
  • #588
  • Jun 26, 2010 7:13am Jun 26, 2010 7:13am
Quoting HiddenGap
Humble Pie. If you can't beat 'em, join 'em.

Based on the thread title I don't know if I should post here. But then again, I have moved into Mal's camp more than ever. I don't use Hull MAs or some of Mal's other tools, yet his footprint on my trading is certainly evident.

This was so beautiful and I had to share.

A: Yao Ming volume on a down candle closing well of its low with the next
candle up. This is strength and sets our background. If the volume on this candle had been selling, then the next candle could not be up.

B: Increasing...
hi

why not u help is needed a thread is build on care love teaching learning and mal is one of the great traders as u self a lot of ppl needs help its great to see the 2 of u in the same thread
  • #589
  • Jun 26, 2010 7:37am Jun 26, 2010 7:37am
hey mates,

nice weekend to all..

but i dont feel so good, cause, as i waited for short, it has been marked up and up...

please could you help me what was happened on firiday if possible...

cheers..
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  • #590
  • Jun 26, 2010 10:41am Jun 26, 2010 10:41am
Great to have you back HG! Read many of your posts months ago and was always interested in your input (actually printed out a few and took them to work). Now that both you and Malcolm are here, I don't need to be in any other threads let alone other forums!
If price is king, then volume is the power behind the throne.
  • #591
  • Jun 26, 2010 10:45am Jun 26, 2010 10:45am
Quoting HiddenGap
Humble Pie. If you can't beat 'em, join 'em.

Based on the thread title I don't know if I should post here. But then again, I have moved into Mal's camp more than ever. I don't use Hull MAs or some of Mal's other tools, yet his footprint on my trading is certainly evident.

This was so beautiful and I had to share.

A: Yao Ming volume on a down candle closing well of its low with the next
candle up. This is strength and sets our background. If the volume on this candle had been selling, then the next candle could not be up.

B: Increasing...
That was Beautiful...
Attached Image
  • #592
  • Jun 26, 2010 11:06am Jun 26, 2010 11:06am
Please take a look to the attached gbp/usd H4 chart. It's very interesting.
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  • #593
  • Jun 26, 2010 11:42am Jun 26, 2010 11:42am
Funny my IBFX feed is not displaying the same climax bars.
  • #594
  • Jun 26, 2010 12:15pm Jun 26, 2010 12:15pm
Hate to say this .. but good to see on of the best in here ...

Quoting HiddenGap
Humble Pie. If you can't beat 'em, join 'em.

Based on the thread title I don't know if I should post here. But then again, I have moved into Mal's camp more than ever. I don't use Hull MAs or some of Mal's other tools, yet his footprint on my trading is certainly evident.

This was so beautiful and I had to share.

A: Yao Ming volume on a down candle closing well of its low with the next
candle up. This is strength and sets our background. If the volume on this candle had been selling, then the next candle could not be up.

B: Increasing...
Blogging daily now at www.volume.zone
  • #595
  • Jun 26, 2010 12:18pm Jun 26, 2010 12:18pm
every one that is serious about vsa and the price / candle / vol relationship take note of HG charts and posts. He always takes so much time to explain everything. Soak it in , take time to digest them ...I do . I always read them a few time..... you will never find this good an explanation anywhere .

Quoting HiddenGap
Humble Pie. If you can't beat 'em, join 'em.

Based on the thread title I don't know if I should post here. But then again, I have moved into Mal's camp more than ever. I don't use Hull MAs or some of Mal's other tools, yet his footprint on my trading is certainly evident.

This was so beautiful and I had to share.

A: Yao Ming volume on a down candle closing well of its low with the next
candle up. This is strength and sets our background. If the volume on this candle had been selling, then the next candle could not be up.

B: Increasing...
Blogging daily now at www.volume.zone
  • #596
  • Jun 26, 2010 12:24pm Jun 26, 2010 12:24pm
two reasons - ibfx feed is different from other brokers; and h4 charts are different as ibfx has a different server time.

speaking of which... imo, h4 charts are pretty useless because as i said, every broker has a different server time so theoretically you have 4 possible configuration for these charts. you can imagine that candlestick configuration along with vsa setups are quite different between different brokers... and so if you just asked yourself now which broker got it right, my answer is - none.

the only things that should be watched intraday are open/close levels + poc, and vsa setups around them. that's pretty much it...

p.s. it's off-topic i know... sorry for the intervention, but i thought it was important...

Quoting A-game
Funny my IBFX feed is not displaying the same climax bars.
Nihil Sine Deo.
  • #597
  • Jun 26, 2010 12:32pm Jun 26, 2010 12:32pm
Quoting malcolmb14
every one that is serious about vsa and the price / candle / vol relationship take note of HG charts and posts. He always takes so much time to explain everything. Soak it in , take time to digest them ...I do . I always read them a few time..... you will never find this good an explanation anywhere .
this is so true Mal. I read that post about 5 times in complete quiet last night. then saved the chart and tested myself then emailed the whole post to myself and printed it out to read some more.
Thank you so much for starting this thread up Malcolmb.
And I'm sure most here know but HG is definitely the real deal...all those HG BEST volume indicators for MT4 that we use..are his! we have him to thank I believe.
Hope all are having a great weekend,

Donnie
  • #598
  • Jun 26, 2010 12:36pm Jun 26, 2010 12:36pm
Quoting uraceulose
this is so true Mal. I read that post about 5 times in complete quiet last night. then saved the chart and tested myself then emailed the whole post to myself and printed it out to read some more.
Thank you so much for starting this thread up Malcolmb.
And I'm sure most here know but HG is definitely the real deal...all those HG BEST volume indicators for MT4 that we use..are his! we have him to thank I believe.
Hope all are having a great weekend,

Donnie

HG is the real deal ..... and the time he takes to post is unreal. Much appreciated by all.
Blogging daily now at www.volume.zone
  • #599
  • Jun 26, 2010 1:29pm Jun 26, 2010 1:29pm
off topic not really ... the reason that I do not talk much about value area is that most do not use it but vsa and value areas are very powerful

here is the euro chart ...

Look at how price came down to the lower value of friday ,we saw stopping volume , then price rose back up to poc 4 day back ( cluster of three pocs in that area) ...then dropped back to the lower value area of thursday only 2 find 2 x shakes outs there...

The long off Thursdays lower value area was a fantastic set up . Hulls stayed green the balance of the session ....I did get a long on this one at 1,2305 but closed to early as I am a muppet

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Quoting Scrat
two reasons - ibfx feed is different from other brokers; and h4 charts are different as ibfx has a different server time.

speaking of which... imo, h4 charts are pretty useless because as i said, every broker has a different server time so theoretically you have 4 possible configuration for these charts. you can imagine that candlestick configuration along with vsa setups are quite different between different brokers... and so if you just asked yourself now which broker got it right, my answer is - none.

the only things that should be watched...
Blogging daily now at www.volume.zone
  • #600
  • Edited 2:54pm Jun 26, 2010 2:52pm | Edited 2:54pm
Hi Gents.

VSA is great, however I have been finding some difficulty differentiating between distribution and re-accumulation (or Accumulation and Redistribution).

For example, yesterdays GU chart on m5 and m15 showed distribution in the shaded area (at least I thought some indications of weakness).
Only to realise that it was actually re-accumulation and the market continued on up..

Question to Mal, HG and the other guys who have figured this out... How can I clearly distinguish if the up-trend is going to continue or is it actually signs of supply coming in (and if a downtrend going to continue or is accumulation settling in)?

Would really appreciate some insight




PLEASE HELP
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