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vsa with Malcolm

  • #3,661
  • Sep 10, 2010 9:30am Sep 10, 2010 9:30am
No demand = No buyers.

That bar 1 is palm tree in antarctis.
After serious signs of weakness comes no demand and you think is good time to buy.
  • #3,662
  • Sep 10, 2010 9:31am Sep 10, 2010 9:31am
easy one..... eu ranging 1.2660 to 1.2730 ish

the wide spread up bar with ultra high vol that sent market sideways is sign weakness not strength

you should have looked for an upthrust style bar after that for a sell.

to enter anywhere under the high of a wide spread up bar is high risk

Quoting foxybunny
My 4th VSA Trade (Live).

Executed Order.
EUR/USD - Long
Date: 9-Sep-10
Time: FxPro 12:15
Entry: 1.2729
SL: 1.2679 (-50 pips)
TP: 1.2779 (+50 pips)

Reasons:
Note the Red vertical line, the bar after this line is my signal bar.
Hull is Green on H1 and M15.
One Wide Up bar that crosses up.
Then 2 Price Down and Volume Lower showing Strength.
Buy on break of High of Price Down Bar.

Attached:
M15
Entry (small Yellow horizontal line),
SL (small Red horizontal line),
TP (small Green horizontal line.

I will inform of exit result no matter...
Blogging daily now at www.volume.zone
  • #3,663
  • Sep 10, 2010 9:53am Sep 10, 2010 9:53am
I looekd at this deeper and i hope all can learn form this

here is the set up form a vsa perspective and while nothing wrong with the long the entry and exit could have been better

the entry was on the stopping vol after we saw the wide spread up bar at 1,2710 , just above whole number 1.2700... tight stop of 20 pip is all that is required.

when price broke up above your entry level we had uh volumes hit the up moves and it was very choppy ( meaning that long wicks on tops of candles). sellers hit the up move hard , you ignored this. This alone would have been enough to get me out the trade with even a small loss

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Quoting foxybunny
My 4th VSA Trade (Live).

Executed Order.
EUR/USD - Long
Date: 9-Sep-10
Time: FxPro 12:15
Entry: 1.2729
SL: 1.2679 (-50 pips)
TP: 1.2779 (+50 pips)

Reasons:
Note the Red vertical line, the bar after this line is my signal bar.
Hull is Green on H1 and M15.
One Wide Up bar that crosses up.
Then 2 Price Down and Volume Lower showing Strength.
Buy on break of High of Price Down Bar.

Attached:
M15
Entry (small Yellow horizontal line),
SL (small Red horizontal line),
TP (small Green horizontal line.

I will inform of exit result no matter...
Blogging daily now at www.volume.zone
  • #3,664
  • Sep 10, 2010 10:24am Sep 10, 2010 10:24am
Quoting malcolmb14
I looekd at this deeper and i hope all can learn form this

here is the set up form a vsa perspective and while nothing wrong with the long the entry and exit could have been better

the entry was on the stopping vol after we saw the wide spread up bar at 1,2710 , just above whole number 1.2700... tight stop of 20 pip is all that is required.

when price broke up above your entry level we had uh volumes hit the up moves and it was very choppy ( meaning that long wicks on tops of candles). sellers hit the up move hard , you ignored this. This alone...
Dude I want to thank you for the sincere effort you have put in to help people, it has brought together a very positive environment.

I have learned a lot from this thread and I have earned pretty decent returns using principles that are made very clear in this thread by all of the excellent participants, thanks again.
  • #3,665
  • Sep 10, 2010 10:36am Sep 10, 2010 10:36am
Quoting frankkn
Dude I want to thank you for the sincere effort you have put in to help people, it has brought together a very positive environment.

I have learned a lot from this thread and I have earned pretty decent returns using principles that are made very clear in this thread by all of the excellent participants, thanks again.
thanks for the kind words

we should all have one goal in here .. to learn and become better traders , I also have learnt from some of the great posts by others and the newbie vsaers questions ( foxy) make me review what i know about vsa .

No bullshit or stupid posts on how much we made or arguing , those that want to do that just go on my iggy list so they cannot post in here and spoil a great thread we have made for ourselves.

.
Blogging daily now at www.volume.zone
  • #3,666
  • Sep 10, 2010 10:37am Sep 10, 2010 10:37am
Quoting V_2008
You want to say that there are more signs of weakness then strength? And this bar with low volume will not influence to much?! Is this right?

100% correct

remember vsa is all about background NOT 1 bar
Blogging daily now at www.volume.zone
  • #3,667
  • Sep 10, 2010 10:59am Sep 10, 2010 10:59am
Another beautiful example.
I watched swissy futures and took the trade on USDCHF.

(I know it's dropping further at the moment but I reached my daily target and didn't want to spend more time with it)

Looking at VSA setups on futures is just SO MUCH easier, truly incredible surprise to me...
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  • #3,668
  • Sep 10, 2010 11:08am Sep 10, 2010 11:08am
Quoting malcolmb14
thanks for the kind words

we should all have one goal in here .. to learn and become better traders , I also have learnt from some of the great posts by others and the newbie vsaers questions ( foxy) make me review what i know about vsa .

No bullshit or stupid posts on how much we made or arguing , those that want to do that just go on my iggy list so they cannot post in here and spoil a great thread we have made for ourselves.

.
Yea malc i totaly agree..I hate guys wich come and post their holy moly statmenets lol For me forum is place where we can see many diferent views about pairs.That can confuse new members but that is also good becouse new members can choose style and tehnique better.

IMPORTANT NOTE >

New members dont trade like you see on forum this isnt signal servise this is place where we place our charts not SIGNALS >

Cheers

PEtar
"Buy on fear, sell on greed !!!
  • #3,669
  • Sep 10, 2010 11:10am Sep 10, 2010 11:10am
what do you think of UJ before this dip? On the 30m it shows supply below daily R2 but it shows what appears to be buying right after that. Should I enter on the 5m ND even if it appears to be buying on the 30m (and 15m also)?
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  • #3,670
  • Sep 10, 2010 11:24am Sep 10, 2010 11:24am
Disconnect between equities and safe haven currencies today? Equities are holding but especially CHF is up. Trade what you see not what you think. Can't think and don't believe what I see.
  • #3,671
  • Sep 10, 2010 11:47am Sep 10, 2010 11:47am
Quoting trade2live
Disconnect between equities and safe haven currencies today? Equities are holding but especially CHF is up. Trade what you see not what you think. Can't think and don't believe what I see.

thoughts on this

us markets have gained 5 to 6% since lows in August

Bet most have calls on options.

Pros will do everything they can to hold markets up till expiry next friday where some of those calls can be exercised, so we may have thin volumes all next week and range 1095 tio 1125 on es .

This should make for another week of ranging currency markets
Blogging daily now at www.volume.zone
  • #3,672
  • Sep 10, 2010 11:57am Sep 10, 2010 11:57am
Quoting foxybunny
My 4th VSA Trade (Live).

Executed Order.
EUR/USD - Long
Date: 9-Sep-10
Time: FxPro 12:15
Entry: 1.2729
SL: 1.2679 (-50 pips)
TP: 1.2779 (+50 pips)

Reasons:
Note the Red vertical line, the bar after this line is my signal bar.
Hull is Green on H1 and M15.
One Wide Up bar that crosses up.
Then 2 Price Down and Volume Lower showing Strength.
Buy on break of High of Price Down Bar.

Attached:
M15
Entry (small Yellow horizontal line),
SL (small Red horizontal line),
TP (small Green horizontal line.

I will inform of exit result no matter...
With respect to Mal, I will PM you my thoughts. There is a valid long in that area, although the set up is not that great. Keep the charts coming.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #3,673
  • Sep 10, 2010 11:59am Sep 10, 2010 11:59am
Quoting HiddenGap
With respect to Mal, I will PM you my thoughts. There is a valid long in that area, although the set up is not that great. Keep the charts coming.
Sorry, my bad. Mal's second chart shows it perfectly fine. That's why he is the MAN.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #3,674
  • Sep 10, 2010 12:06pm Sep 10, 2010 12:06pm
Yeah, VSA is great.
Takes time to master it, but no results without effort.
TW said in 1 video: It is like your children, they dont have to speak, you just look them, and you know what they are thinking.

He is a great man.
  • #3,675
  • Sep 10, 2010 12:11pm Sep 10, 2010 12:11pm
Hey, did you think mal about more interactive collaboration eg. chat?
I think we could all learn much faster when analyzing live bars as they show up.
I was on #vsa but not much is going on there during US daytime and I personally would benefit the most by confirming what I see with a group.

Thoughts?
  • #3,676
  • Sep 10, 2010 12:45pm Sep 10, 2010 12:45pm
Quoting malcolmb14
thoughts on this

us markets have gained 5 to 6% since lows in August

Bet most have calls on options.

Pros will do everything they can to hold markets up till expiry next friday where some of those calls can be exercised, so we may have thin volumes all next week and range 1095 tio 1125 on es .

This should make for another week of ranging currency markets
How do we know if the pros bought or sold those calls?
  • #3,677
  • Sep 10, 2010 1:03pm Sep 10, 2010 1:03pm
first thank you for all great trader post here, i can have chance to learn much more things, as the background, i have many confuse, sp following eu weekly chart which one is correct? please help macl
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Attached Image
  • #3,678
  • Sep 10, 2010 1:05pm Sep 10, 2010 1:05pm
Quoting tpr
Hey, did you think mal about more interactive collaboration eg. chat?
I think we could all learn much faster when analyzing live bars as they show up.
I was on #vsa but not much is going on there during US daytime and I personally would benefit the most by confirming what I see with a group.

Thoughts?
Nice suggestion - and certainly not to answer on behalf of Malcolm, but many would take it as a signal service. It's fair to assume Malcolm's time is limited, and undertaking this is a huge, huge resource draw on so many fronts.

Problem is such an undertaking is not likely to please everyone on all expectation levels. The web is a crazy place and FF is full of nutbars as well, and there are limited ways to filter them out.

Malcolm - and so many others - are already very giving of their time here; people should make a similar investment in reading/combing through what they've provided. Malcolm did mention this option once before, but again, everyone comes to these things with vastly different expectations, plus, if it impacts Malcolm's trading, it's hardly fair.
  • #3,679
  • Edited 1:24pm Sep 10, 2010 1:09pm | Edited 1:24pm
Quoting Petar_Serbia
Yea malc i totaly agree..I hate guys wich come and post their holy moly statmenets lol For me forum is place where we can see many diferent views about pairs.That can confuse new members but that is also good becouse new members can choose style and tehnique better.

IMPORTANT NOTE >

New members dont trade like you see on forum this isnt signal servise this is place where we place our charts not SIGNALS >

Cheers

PEtar
Just for clarification, "statement" do you mean some quality information news that heavily affect market flow or personal financial information even in the form of pips counting?

In any case don't be a hater of persons but attack their actions...Love and Peace!

To validate your views you must do what you preach. Either explain on each chart you post your thinking or stop count only and notify us how many pips you are sitting on.

Posting of unusual set ups and contradicted time frames would be of high interest. Mal recently made an explanation on this - see
JASUS case

http://www.forexfactory.com/showpost...postcount=3633

In some cases its not bad to notify on some setups before hand in order to have others to validate our views. You did it before, once in a while its not a signal service...

On the other hand when you post chart with pip counts without much analysis sometimes, and AFTER market has progressed is not of much use by the community as 10+ years of history is full of setups...

So please either analyse or demonstrate your skills ON time by offering a kind of signal or your longer term view for further thoughts by the community.

Even a newbie can be a perfect TRADER on history..
Real Time is different as Psychology can blur decisions, that's why this thread is under interactive trading category.

MAL express sometimes his views as a guide and to verify his thoughts, improving also his self confidence and minimizing his mistake rate..

He is not afraid to shine light into his wrong estimations and has been congratulated for this no complexity behaviour.

Self esteem and self proud are different animals, with the second being the destructive one..

Arguing or Trying to win self and community bonus, trying to prove who is better trader is not acceptable as MAL said.

New posters does not mean new or bad traders. Quality of Posts (and Trades) is what matter. Flying Hours not Time since you started Fly..

However Petar, you look like a good trader and it is our honour to have you here in a creative and involved in a community assistant role.
You mixed techniques with VSA offer extra food for thought. Every one is mixing something with it , be it Marrey Math, Hulls or other MA, Fib or TL, Fundies etc

Keep on everyone with quality posts.
  • #3,680
  • Sep 10, 2010 1:47pm Sep 10, 2010 1:47pm
Quoting cosmoras
Just for clarification, "statement" do you mean some quality information news that heavily affect market flow or personal financial information even in the form of pips counting?...
Lol,

I dont much to speak about analisy,i usually post simple chart with 1, max 2 indicators(Chart worth like 1000 words) and all my trades are based on Volume,Strong TL or SUP RES-ZONE,that is my style,becouse i trade pure price action i just added volume to recognize better swings.I said statement about history i hate that.But i love to see updates from charts and how much you earn pips...I love to see trader succes...

CHeers and green pips

Petar
"Buy on fear, sell on greed !!!
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