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vsa with Malcolm

  • #3,621
  • Sep 9, 2010 9:27am Sep 9, 2010 9:27am
can anybody tell what purple line named as climax churn and green line high churn...what does it mean please help
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We cannot direct the winds but we can adjust our sail.
  • #3,622
  • Sep 9, 2010 9:37am Sep 9, 2010 9:37am
Quoting posterboy
can anybody tell what purple line named as climax churn and green line high churn...what does it mean please help
I just recently came across a post by Hiddengap that said that the better volume indicator wasn't developed for VSA, and the colors are for other principles.

Here is a post by Polomine on the topic.
And Another by someone else.

I don't use the colors though.
  • #3,623
  • Sep 9, 2010 10:26am Sep 9, 2010 10:26am
Is it just the scaling of different charts or is it really easier to spot VSA setups on futures?
All significant points (two stopping vols + test) are staring right at your face, rather than having to guesstimate from mt4 vol...
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  • #3,624
  • Sep 9, 2010 11:12am Sep 9, 2010 11:12am
Quoting Petar_Serbia
Hey malc what you think for another sell on cable ?,i took another cable on same price becouse i see level hold buy preasure...

Also expext XAUUSD soon to drop,this or next week but i expext...lol


Pear
Hit sell at a1.5460 when i saw buying cliamx

overall dj and s and p getting more and more toppy. I expect down move in US markets next week
Blogging daily now at www.volume.zone
  • #3,625
  • Sep 9, 2010 11:14am Sep 9, 2010 11:14am
Quoting hsa013
Is it just the scaling of different charts or is it really easier to spot VSA setups on futures?
All significant points (two stopping vols + test) are staring right at your face, rather than having to guesstimate from mt4 vol...

check out my gu post earlier on same set up ... was much clearer on esignal vol
Blogging daily now at www.volume.zone
  • #3,626
  • Sep 9, 2010 11:18am Sep 9, 2010 11:18am
markest are just stuck in range .... one thing I determined after seeing that buying climax at top of range on gu and eu in us is play the channel till it is broken one way or other

take profit when it is there , 40 , 50 pip whatever , and do not htink much beyond a 15m in chart

The us indexes look toppy , dxd today has clear lv test ( inverse etf) as does faz ( inverse etf)

es topping

cat toppy , no demand and today ut
Blogging daily now at www.volume.zone
  • #3,627
  • Sep 9, 2010 11:19am Sep 9, 2010 11:19am
Quoting malcolmb14
markest are just stuck in range .... one thing I determined after seeing that buying climax at top of range on gu and eu in us is play the channel till it is broken one way or other

take profit when it is there , 40 , 50 pip whatever , and do not htink much beyond a 15m in chart

The us indexes look toppy , dxd today has clear lv test ( inverse etf) as does faz ( inverse etf)

es topping

cat toppy , no demand and today ut
Looks like a nice bear flag building on oil daily......when it breaks it will be big.
  • #3,628
  • Sep 9, 2010 2:26pm Sep 9, 2010 2:26pm
Gbpusd looking like it could fall soon however with the light volumes it may not take much to move the market in either direction. Sitting and waiting for now.
  • #3,629
  • Sep 9, 2010 2:40pm Sep 9, 2010 2:40pm
Thanks for the replies on my last post malcom and juhanimi .

Today I went long on AU 5m and got stopped out... This remembers me of my yesterday's post...

On the 5m there was stopping volume, a shakeout and then a bar showing buying in the level of the shake-out's low. Then there's a no supply bar, which I didn't enter on because I was waiting for a test on a higher low. I entered on a no supply on the 1m chart.

When I traded this I saw volume on 30m really drying down on the dip, but only when I analized it now I saw what probably was distribution, which makes the volume dry-up a normal occurence because it happens after distribution.

Probably it was because of this my trade failed... What do you think? And was it ok to enter on that first no supply (test on the chart)? The hulls were still red and it didn't make a higher low yet...
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  • #3,630
  • Sep 9, 2010 3:29pm Sep 9, 2010 3:29pm
can you tell me in pacific standard time the time of your trade

( the post you put up was 2:45 pm pst)

Quoting Jasus
Thanks for the replies on my last post malcom and juhanimi .

Today I went long on AU 5m and got stopped out... This remembers me of my yesterday's post...

On the 5m there was stopping volume, a shakeout and then a bar showing buying in the level of the shake-out's low. Then there's a no supply bar, which I didn't enter on because I was waiting for a test on a higher low. I entered on a no supply on the 1m chart.

When I traded this I saw volume on 30m really drying down on the dip, but only when I analized it now I saw what...
Blogging daily now at www.volume.zone
  • #3,631
  • Sep 9, 2010 3:56pm Sep 9, 2010 3:56pm
Quoting malcolmb14
can you tell me in pacific standard time the time of your trade

( the post you put up was 2:45 pm pst)
Yes, my trade was at 11:32 am pst.
  • #3,632
  • Sep 9, 2010 4:01pm Sep 9, 2010 4:01pm
Quoting Jasus
Yes, my trade was at 11:32 am pst.

check your 30 min

very strong top 0.9260... you were trying to buy into that higher time frame selling
Blogging daily now at www.volume.zone
  • #3,633
  • Sep 9, 2010 4:18pm Sep 9, 2010 4:18pm
Quoting malcolmb14
check your 30 min

very strong top 0.9260... you were trying to buy into that higher time frame selling
that's what I thought ... Thanks for clarifying! I think I'll always see the 30m even before looking at a 5m...

But if there wasn't that distribution and considering this was a good setup, would you enter on that first no supply, near the shakeout's low? Or wait for a higher low?
  • #3,634
  • Sep 9, 2010 6:44pm Sep 9, 2010 6:44pm
USDJPY making some noise. Gotta love asia.
  • #3,635
  • Sep 9, 2010 7:05pm Sep 9, 2010 7:05pm
http://www.forexlive.com/131098/all/...comment-115589

Goldman Sachs calling for EUR/AUD to go to 1.3000

Vsa- ers Know where this will probably go...
I leave VSA on H1 and downwards as an exercise puzzle ...

Actually this is my first public call, but guess what, very good chances it will be successful..SL 1.3650 – 1st TP at 1.3820. Current Price is 1.3711. If you take it and make some good profits , Don’t forget to donate to the poor. :-)

Tip: Foe this cross and contrarian thinking to GS call, analyse EUR and AUD seperatelly in Hourly at least..
  • #3,636
  • Sep 9, 2010 7:08pm Sep 9, 2010 7:08pm
[quote=cosmoras;4012656]http://www.forexlive.com/131098/all/...comment-115589

Goldman Sachs calling for EUR/AUD to go to 1.3000

Vsa- ers Know where this will probably go...
I leave VSA on H1 and downwards as an exercise puzzle ...

Actually this is my first public call, but guess what, very good chances it will be successful..SL 1.3650 – 1st TP at 1.3820. Current Price is 1.3711. If you take it and make some good profits , Don’t forget to donate to the poor. :-)

Why would Goldman want its competitors to profit from their calls?
  • #3,637
  • Edited 7:48pm Sep 9, 2010 7:43pm | Edited 7:48pm
Quoting malcolmb14
fx daily volumes are crap use futures

If I remember correct, there is a big difference with brokers and esignal&realtimedata volumes in h4, d & w charts, you just cant trust brokers volumes in those timeframes. I dont know why this is so. Maybe esignal&rtd has so many sources.
Maybe I am wrong, but that is what I remember.
  • #3,638
  • Sep 9, 2010 7:50pm Sep 9, 2010 7:50pm
Quoting juhanimi
If I remember correct, there is a big difference with brokers and esignal&realtimedata volumes in h4, d & w charts, you just cant trust brokers volumes in those timeframes. I dont know why this is so. Mayhe esignal&rtd has so many sources.
Maybe I am wrong, but that is what I remember.

futures seem to do better on daily

here is what is showing right now..... market shows double stopping vol BUT lack of movement up yet , may show that the buyers are being absorbed

I am watching bottom of this range very carefully

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Blogging daily now at www.volume.zone
  • #3,639
  • Sep 9, 2010 7:56pm Sep 9, 2010 7:56pm
Actually BAD bank traders of smaller banks around usually.., and the General Public "Herd" will follow them and this is the Great Opp for them to take the other side in good prices + spread..
Now the really good competitors will probably join them and share the pie, by helping them raise the price and overcome any pressure sellers like Swish Bank ,a well known EU seller since early Spring..

An Inverted H&S is forming at H4 in EU along with Heavy Buying on dips as Master MAL said. Propably and Technically EU might go Down to 1.26 testing level, Where it will probably Bought again from Long Term Big GUNS..

Or it is forming a Shake out right now (Dangerous Assumption) but could be a 50 or 100 pips shake out in EU..

That's why I ve chosen AUD as the counter part pair , as it is ready to go down at least short term and test support lower at previous accumulation levels around 0.9170.

So trying to guess both directions and have SL not around 30-40 pips like in Majors but around 60 - 70 pips , there is a much better cover in fluctuations.

Further more fundasmentally there is a certain degree of correlation between those 2 and if VSA and current AUD trend support the dirrections, even if EU falls AUD will follow to a certain distance .

However if trade goes bad and circumstances change, feel free to take a smaller loss and close manually if needed. Good MM is a must, take half position than normaly as the SL is double than usual..
  • #3,640
  • Sep 9, 2010 8:03pm Sep 9, 2010 8:03pm
Quoting Sonofsin5
USDJPY making some noise. Gotta love asia.

See my post here about JPY

http://www.forexfactory.com/showpost.php?p=4012572&postcount=18469
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