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vsa with Malcolm

  • #881
  • Jul 4, 2010 5:19am Jul 4, 2010 5:19am
It's not my sheet - the txt file is a description of some of the vsa signals from tradeguider I believe - uwide stands for ultra wide, uhigh stands for ultra high - wider spread than very wide, or higher volume than very high.

the change column is definitely something to do with tradeguider and I don't know what it means.
  • #882
  • Jul 4, 2010 8:56am Jul 4, 2010 8:56am
if i am not wrong, it is akind of default mt4 ma, however, this is also strongly adviced by my friend.. called "martin"...

he uses it all tf... he is a scalper, so he uses it generally @ 5-15-1 hours...

as i noticed, hulls are so fast, goes along almost with the price... this is a bit slower one, and believe me, as far as i observed, at 1-5 -15 mins, price generally stop when they coincide.. if price break out, it fastly go through it..

cheers...
Attached File(s)
File Type: mq4 martinEA-ind.mq4   1 KB | 521 downloads
File Type: ex4 martinEA-ind.ex4   3 KB | 429 downloads
  • #883
  • Edited 11:24am Jul 4, 2010 11:00am | Edited 11:24am
Quoting bruceli
if i am not wrong, it is akind of default mt4 ma, however, this is also strongly adviced by my friend.. called "martin"...

he uses it all tf... he is a scalper, so he uses it generally @ 5-15-1 hours...

as i noticed, hulls are so fast, goes along almost with the price... this is a bit slower one, and believe me, as far as i observed, at 1-5 -15 mins, price generally stop when they coincide.. if price break out, it fastly go through it..

cheers...
Edit :- post removed, it sounded very antagonistic and it wasn't meant to be. Sorry.
  • #884
  • Jul 4, 2010 1:14pm Jul 4, 2010 1:14pm
end of a rising market is a low spread ultra high volume up bar preferrably into new highs. It should be above the prior candle. If you look at what an evening star candle formation is , the end of the rising market should be seen on the 2nd candle of this formation ...

The bar that is highlighted in the red (1st one) is more of an upthrust style bar with high volume closing off the highs , but not the volume is not ultra high

in the 2nd cluster we had a wide spread up bar , but note that the volume is relativity low and did not break the blue resistance line. If pros want higher prices at this point they would mark up prices thru the blue line to lock then come allowed price to drift back to test the resistance are on low volume before taking off to the upside.

I know pete..he used to be in my signal service and i guess alot of what i taught in that has rubbed off on him ( that I no longer run as it was just a pain in the rear end to deal with ) . He has completely missed the fact in his post that the red are on the right side of his chart is in fact sellers hitting the mark on high volume , that has sent market sideways for now. form what he is saying he speaks with fork tongue ... but here is what one should looks for

1) move down into 3600 with low vol test of prior support area OR move down 3600 with stopping volume ( this would be very indicative that pros will break 1.3680 on next move into it.

2) if the test 3600 does not happen break out 3680 ( top of buying climax bars) and then low volume test 3680 from above ...

lets see what actually happened .. explanation on the chart

Attached Image (click to enlarge)
Click to Enlarge Name: chart2499.png Size: 257 KB








Quoting mud3210
Thanks HiddenGap for the detailed explanation above! also thanks tfflyer for your contribution.



Hi Malcolmb or anyone else who can answer this:
for a good "end of a rising market" bar, should it need to be within the range of a previous up bar or within the top wick of a previous upthrust bar or it is okay if it's just anywhere above the low of the previous upbar as long as it is a short candle with close in the middle?

for a bar like "end of a rising market"
will the close be in the middle to lower range be better? and is...
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  • #885
  • Jul 4, 2010 1:32pm Jul 4, 2010 1:32pm
Quoting bruceli
if i am not wrong, it is akind of default mt4 ma, however, this is also strongly adviced by my friend.. called "martin"...

he uses it all tf... he is a scalper, so he uses it generally @ 5-15-1 hours...

as i noticed, hulls are so fast, goes along almost with the price... this is a bit slower one, and believe me, as far as i observed, at 1-5 -15 mins, price generally stop when they coincide.. if price break out, it fastly go through it..

cheers...
I plotted them both on a chart ... they both give great signals. BUt do not forget I am only using hulls to confirm trend and looking for vsa set ups to lhs of chart ... example

do not forget we are looking for strength or weakness using vsa when these moving averages turn.... they are just a guide and can make sure we are not on wrong side of trend when entering trade. Do not try and pick tops and bottoms , instead look to trend changes with vsa set ups in the background.

the 2nd chart is tradeguider showing the trend diamonds on it that Gavin talks about . they also change to green when hulls and martin moving averages changed.

Attached Image (click to enlarge)
Click to Enlarge Name: gu2.jpg Size: 147 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 194 KB
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  • #886
  • Jul 4, 2010 4:16pm Jul 4, 2010 4:16pm
malc, plz i need your opinion ( i don't know vsa and i'll be happy to know your opinion )

ej is going to touch 112 this monday?

thanks in advance bro
LOL
  • #887
  • Jul 4, 2010 4:23pm Jul 4, 2010 4:23pm
i hope i can read the background one day with confident...

i have the MTM book which is around 30-40 pages.. i think i read different book

cheers...
  • #888
  • Jul 4, 2010 4:29pm Jul 4, 2010 4:29pm
MTM is ~200 pages.

If You are interested, for Tom Williams, if he trade GBP/USD 3 min, for him 10 bars is enough for decision about bacground.
This is what he said in one of the web seminars..
So, founding background is quite relative for everyone..


Best,
Tom



Quoting bruceli
i hope i can read the background one day with confident...

i have the MTM book which is around 30-40 pages.. i think i read different book

cheers...
  • #889
  • Jul 4, 2010 4:43pm Jul 4, 2010 4:43pm
Quoting tfflyer
MTM is ~200 pages.

If You are interested, for Tom Williams, if he trade GBP/USD 3 min, for him 10 bars is enough for decision about bacground.
This is what he said in one of the web seminars..
So, founding background is quite relative for everyone..


Best,
Tom
wawww, 3 min, and 10 bars... sounds very easy

then let me check his book... and the problem is "background" ... i think i need time and lots of exercise, monitoring...

thanx Tom...
  • #890
  • Jul 4, 2010 4:50pm Jul 4, 2010 4:50pm
Quoting karimfx
malc, plz i need your opinion ( i don't know vsa and i'll be happy to know your opinion )

ej is going to touch 112 this monday?

thanks in advance bro
err 35 pip ej .. sure it is going to touch 112 ... may even break it 111.40
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  • #891
  • Jul 4, 2010 4:53pm Jul 4, 2010 4:53pm
Quoting malcolmb14
err 35 pip ej .. sure it is going to touch 112 ... may even break it 111.40
i want to open it now and let for a couple of days
that's why i'd like to hear you if ej will touch 112 next 2 days
LOL
  • #892
  • Jul 4, 2010 5:19pm Jul 4, 2010 5:19pm
Quoting karimfx
i want to open it now and let for a couple of days
that's why i'd like to hear you if ej will touch 112 next 2 days

Is this a real question?
  • #893
  • Jul 4, 2010 5:50pm Jul 4, 2010 5:50pm
Quoting tfflyer
MTM is ~200 pages.

If You are interested, for Tom Williams, if he trade GBP/USD 3 min, for him 10 bars is enough for decision about bacground.
This is what he said in one of the web seminars..
So, founding background is quite relative for everyone..


Best,
Tom
good point ... many made money going long euro on Friday.... some made money selling due to on a 15 min due to the buying climax after nfp
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  • #894
  • Jul 4, 2010 6:09pm Jul 4, 2010 6:09pm
Quoting karimfx
i want to open it now and let for a couple of days
that's why i'd like to hear you if ej will touch 112 next 2 days

I am sure there are some awesome signal services out there. I am not one of them . This forum is for thoughts and discussion on vsa and techniques around that .

If you studied what is in this thread and others on vsa and read master the markets many time you would not even needs to ask where ej is going. You would know.
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  • #895
  • Edited 6:15pm Jul 4, 2010 6:11pm | Edited 6:15pm
Quoting malcolmb14
good point ... many made money going long euro on Friday.... some made money selling due to on a 15 min due to the buying climax after nfp
One mans long term trade is another mans scalp.
Its all relative.
  • #896
  • Jul 4, 2010 6:15pm Jul 4, 2010 6:15pm
Quoting malcolmb14
do not forget we are looking for strength or weakness using vsa when these moving averages turn.... they are just a guide and can make sure we are not on wrong side of trend when entering trade. Do not try and pick tops and bottoms , instead look to trend changes with vsa set ups in the background.....


The thread really could stop right here. I hope it doesn't but this is it (trading with VSA and successful trading in general) in a nice little package.

EDIT:

I would add don't try and predict the markets-surrender to them.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #897
  • Jul 4, 2010 6:25pm Jul 4, 2010 6:25pm
Quoting Intel
One mans long term trade is another mans scalp.
Its all relative.

yup i just entered a sell trade aj ...for a quick 50

came right off the lower value area of Friday

and they way they killed es last 15 min of market Friday and the lower high on the 30 min I am fairly bearish aj

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Click to Enlarge Name: chart2500.png Size: 168 KB
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  • #898
  • Jul 4, 2010 6:28pm Jul 4, 2010 6:28pm
Quoting karimfx
i want to open it now and let for a couple of days
that's why i'd like to hear you if ej will touch 112 next 2 days

this is not really what vsa is about. If ej is to hit 112 form 112.35 it will happen quickly. Look for any up moves to have no demand bars on a 5 min or upthrust , enter your trade , 25 pip stops , take profit within 30 min

sounds like you want to enter a trade , walk away for 2 days and hope market hits the mark
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  • #899
  • Jul 4, 2010 6:35pm Jul 4, 2010 6:35pm
so this week we have vsa and demark

30 min aj chart ...

green line breaks to the downside red channel holds. ... we look for no demand up moves on a 5 min chart , with the red down channel holding target support 72.60

73.60 holds we looks for tests on down moves , stopping vol etc for move back to 74.20 , then break of this top of green channel 74.7 to 74.90

ALL DEMARK IS BEING USED FOR HERE IS AUTO TREND CHANNELS ... CONFIRMED WITH VSA ENTRIES AND HULLS..

Attached Image (click to enlarge)
Click to Enlarge Name: gu2.gif Size: 34 KB


Attached File(s)
File Type: mq4 DeMark lines.mq4   17 KB | 676 downloads
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  • #900
  • Jul 4, 2010 6:37pm Jul 4, 2010 6:37pm
Quoting HiddenGap


The thread really could stop right here. I hope it doesn't but this is it (trading with VSA and successful trading in general) in a nice little package.

EDIT:

I would add don't try and predict the markets-surrender to them.
Quality 'EDIT' HG.

Accurately predicting moves is a very different skill set to VSA and, it requires a huge amount of experience and knowledge IMO.

We have a VERY GENERAL rule about the length of time taken to distribute/accumulate being proportional to the size of move. But this is not an accurate prediction.

It is far better to trade what you see and don't second guess the market.
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