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vsa with Malcolm

  • #1,121
  • Jul 8, 2010 12:33pm Jul 8, 2010 12:33pm
Has any one looked at daily /H4 volume...it is ginormous on my IBFX terminal...

can someone please post an eSignal feed to confirm?
  • #1,122
  • Jul 8, 2010 12:35pm Jul 8, 2010 12:35pm
Quoting lower
Here is GU setup on 5 min TF in early UK session.
nice set up ...
Blogging daily now at www.volume.zone
  • #1,123
  • Jul 8, 2010 12:40pm Jul 8, 2010 12:40pm
Quoting bruceli
i have never heard. i have seen all versions of better volume, however, as i know, tehy donot give any sound alert.

however, you should leave this audio alert, cause, vsa is not only one volume or bar.. it is about left, relative, range... so, in my opinion there is nothing to do with it.. seniors would explain better , and answer.. but it not one bar deal mate..

cheers..
I was going to get this done for esignal

Howver instead I have it done for hulls , hulls alert goes off I look to see if strength / weakness in background to confirm trade

here is one that just went off on aj entered trade 77.24 , stop bottom of 15 min candle.

I did not label 1 , 2 and 3 ... hoping someone could see if they can fill in the blanks.

Attached Image (click to enlarge)
Click to Enlarge Name: chart01 au.jpg Size: 128 KB
Blogging daily now at www.volume.zone
  • #1,124
  • Jul 8, 2010 12:41pm Jul 8, 2010 12:41pm
Quoting bruceli
i think we dont have good setup for gu.. for daily,

check again .. hint i spoke about this on Sunday. Top in gu is not going to be one bar
Blogging daily now at www.volume.zone
  • #1,125
  • Jul 8, 2010 12:57pm Jul 8, 2010 12:57pm
Hi Malc,

how are you?

again today i didn't take my 40 and ended up at breakeven... i am starting to doubt the sl at be strategy. i i hadn't done that i would be up a few pips to take... i have tested it on an EA and it didn't give me profit, so...

right now we are forming a lower high on the 15m. could be a test (on higher timeframes) with low vol to the up side.

if we do turn here could this be the start of the down trend (resuming of the down trend, that is)

i didn't see a lot of accumulation on the shorts. nor did i see a big stopping vol at the 1.27.

what do u make of this?

thanks
dreams do come true.
  • #1,126
  • Jul 8, 2010 12:59pm Jul 8, 2010 12:59pm
stopping vol, shakeout, test?

Quoting malcolmb14
I was going to get this done for esignal

Howver instead I have it done for hulls , hulls alert goes off I look to see if strength / weakness in background to confirm trade

here is one that just went off on aj entered trade 77.24 , stop bottom of 15 min candle.

I did not label 1 , 2 and 3 ... hoping someone could see if they can fill in the blanks.

Attachment
  • #1,127
  • Jul 8, 2010 12:59pm Jul 8, 2010 12:59pm
Quoting malcolmb14
I was going to get this done for esignal

Howver instead I have it done for hulls , hulls alert goes off I look to see if strength / weakness in background to confirm trade

here is one that just went off on aj entered trade 77.24 , stop bottom of 15 min candle.

I did not label 1 , 2 and 3 ... hoping someone could see if they can fill in the blanks.

Attachment
1 Sellers coming in?
2 Stopping Vol
3 Test on low Vol
  • #1,128
  • Jul 8, 2010 3:05pm Jul 8, 2010 3:05pm
Quoting MykeFX
1 Sellers coming in?
2 Stopping Vol
3 Test on low Vol
i guess you meant to say at 1. buyers coming in( high vol/ wide spread closing off low) so that candle shows in fact hidden potential buying; 2. is the confirmation of candle 1, could be translate as stoping vol, but could be as well shake out i gues... and 3. is a test, of course...i will enter long after the end of the next candle normally, but because the next candle doesn't make a higher high and close off highs and just the next candle does that and the end of the next candle is at resistance i will not take the trade...i don't consider a good risk/ reward trade from my point of entry...but i miss allot of trades because of this, i will not even look to candles like that, because just few candles before we had a upthrust and i will look for signs to go short, i guess, depends of the trend which i cannot seeing from the chart and i don't trade this pair. i don't really can to have a open mind to swap from one way of entry to another, i'm trying to go with the main trend and ignore the rest....but i'm working on that and try to be more flexible
"Imagination is more important than knowledge" Einstein
  • #1,129
  • Jul 8, 2010 3:19pm Jul 8, 2010 3:19pm
Quoting malcolmb14
I was going to get this done for esignal

Howver instead I have it done for hulls , hulls alert goes off I look to see if strength / weakness in background to confirm trade

here is one that just went off on aj entered trade 77.24 , stop bottom of 15 min candle.

I did not label 1 , 2 and 3 ... hoping someone could see if they can fill in the blanks.

Attachment
Is this alert something you can share with us please?

MT4?

As you know, I dont use Hulls but, I'd be very interested in trialing this alert system.
  • #1,130
  • Jul 8, 2010 4:01pm Jul 8, 2010 4:01pm
Quoting Vanhook2
Well Malcolmb, at this point in time, I have to agree with you.
Per this neat little program, the A/J will go up. So will some others.

Here is the link to the instructions & the meter for all.

Sorry, I just can't get my head around those little volume bars.
The A/J Is still showing strength, along with others.
Laugh if you want...
Attached Image (click to enlarge)
Click to Enlarge Name: Strength (2).JPG Size: 45 KB
I trade what I see on my charts. Do Not listen to the Muppets.
  • #1,131
  • Edited 5:53pm Jul 8, 2010 4:40pm | Edited 5:53pm
Quoting malcolmb14
I was going to get this done for esignal

Howver instead I have it done for hulls , hulls alert goes off I look to see if strength / weakness in background to confirm trade

here is one that just went off on aj entered trade 77.24 , stop bottom of 15 min candle.

I did not label 1 , 2 and 3 ... hoping someone could see if they can fill in the blanks.

Attachment
1) huge down bar with very high volume. this is first sign of weakness(strength)

2) volume is high on a down bar with bar closing off of the lows, more weakness(strength)

3) low volume test, volume is lowest in the last 20 bars at least..shows sellers have pretty much the building

4) immediately after you have the hulls change and give you alert

5) that bottom red line would have been right about my entry but I missed this

edit: LOL, replace everywhere I said weakness with strength..that's honestly what I meant


How'd I do?
  • #1,132
  • Jul 8, 2010 5:28pm Jul 8, 2010 5:28pm
Quoting uraceulose
1) huge down bar with very high volume. this is first sign of weakness

2) volume is high on a down bar with bar closing off of the lows, more weakness

3) low volume test, volume is lowest in the last 20 bars at least..shows sellers have pretty much the building

4) immediately after you have the hulls change and give you alert

5) that bottom red line would have been right about my entry but I missed this


How'd I do?

** High Volume + Wide Spread on a down bar is SOS (Selling Climax actually) not SOW.

So basically from Malcom's chart it should be thus:

1) Selling Climax (Hidden Potential Buying)

2) Bag Holding (Demand Swamping Supply)

3) Test (No Supply)
  • #1,133
  • Jul 8, 2010 5:51pm Jul 8, 2010 5:51pm
Quoting wh1zz0
** High Volume + Wide Spread on a down bar is SOS (Selling Climax actually) not SOW.

So basically from Malcom's chart it should be thus:

1) Selling Climax (Hidden Potential Buying)

2) Bag Holding (Demand Swamping Supply)

3) Test (No Supply)
thanks whizzo. isn't huge volume and wide spread down..the same as selling climax? I'll have to reference the definition here after a bit.
  • #1,134
  • Jul 8, 2010 7:14pm Jul 8, 2010 7:14pm
Quoting RaverStyleTim2
stopping vol, shakeout, test?
awesome and correct
Blogging daily now at www.volume.zone
  • #1,135
  • Jul 8, 2010 7:18pm Jul 8, 2010 7:18pm
Quoting malcolmb14
awesome and correct
right on. good to know. Thanks Malc
  • #1,136
  • Jul 8, 2010 7:22pm Jul 8, 2010 7:22pm
Quoting malcolmb14
awesome and correct
oh my god, ok got it know. stopping volume with highest volume, and shake out less volume.. i got it now, thanx.. hope gonna fill in the blanks later
  • #1,137
  • Jul 8, 2010 7:32pm Jul 8, 2010 7:32pm
Quoting malcolmb14
check again .. hint i spoke about this on Sunday. Top in gu is not going to be one bar
thanx malcolmb.

hmmm, yes, we were talking about no demand weekly or daily bar. so, any down move is waited next.

but in early session of london, i supposed some dips might be bought...actually there was no clear sign of it... and i cant take long.. neither short... when checking 5-15 mins...

regarding weakness in the daily basis, i ve waited for a very nice down move, but today was a kind of test i think..

i hope, i didnot noise too much

cheers
  • #1,138
  • Jul 8, 2010 8:52pm Jul 8, 2010 8:52pm
Just started reading about VSA. Any recommended You Tube vids on the topic?
  • #1,139
  • Jul 8, 2010 8:55pm Jul 8, 2010 8:55pm
Quoting forexben
Just started reading about VSA. Any recommended You Tube vids on the topic?
The best for VSA is hands on live like is done here. Just read MTM or at least VSA basics and follow along here.
there is a seminar on video that's a couple hours long on the forum here somewhere but I don't have the link
...here it is

http://www.tradeguider.com/customer/...px?Submit=Back
  • #1,140
  • Jul 8, 2010 9:53pm Jul 8, 2010 9:53pm
hi malc, you mentioned you use 2 diff setting for 2 hma, but in the tutorials given by you (as in the pictures =)) you only showed one, is there a reason for this approach? =) thanks

Bethel

Quoting malcolmb14
Really you want to wait for the change in colour for the hulls to take the trade

vsa is not about one candle. It is a process .. sometimes lasting for several candles . For example a no demand followed by a down candle is a 2 coandle set up . If before this you saw prior weakness then take the trade as this could be a solid vsa sell set up even if the hulls hgas not changed, keep the stop tight in case you area wrong , once hulls changes then breath a sigh of relief and trail the stop down.
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