vsa with Malcolm | Page 188 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

VSA-divergence trading 187 replies

How to Blow $200 account using VSA--- 594 replies

VSA Journal 57 replies

VSA broker history change datas 11 replies

Attachments: vsa with Malcolm
Exit Attachments

vsa with Malcolm

  • #3,741
  • Sep 13, 2010 1:27am Sep 13, 2010 1:27am
Quoting malcolmb14
test eu 15

1.2900 target


Attachment

here is an instance where the ultra high volume bar could be mark up thru prior resistance areas

now what we look for is any down move to 1.2800 area to hold with testing or stopping vol

Attached Image (click to enlarge)
Click to Enlarge Name: chart2873.png Size: 196 KB
Blogging daily now at www.volume.zone
  • #3,742
  • Sep 13, 2010 1:41am Sep 13, 2010 1:41am
Quoting JuliusCeasar
If there is enough demand to push it above 1.2740, it might be a good place to enter long targeting 1.29

I'm already in but 1.2704 is standing in the way


Attachment

It did push above 1.274, now waiting to collect at 1.29 probably london session
Mind over matter..I don't mind and you don't matter.
  • #3,743
  • Sep 13, 2010 1:54am Sep 13, 2010 1:54am
Quoting JuliusCeasar
It did push above 1.274, now waiting to collect at 1.29 probably london session

what about the sellers hitting is right now ? any concern to you ?
Blogging daily now at www.volume.zone
  • #3,744
  • Sep 13, 2010 2:19am Sep 13, 2010 2:19am
Quoting malcolmb14
what about the sellers hitting is right now ? any concern to you ?

Bought below 1.27 last week and won't let it go below 1.2740


Attached Image (click to enlarge)
Click to Enlarge Name: H4.GIF Size: 35 KB





.
Mind over matter..I don't mind and you don't matter.
  • #3,745
  • Sep 13, 2010 2:20am Sep 13, 2010 2:20am
Quoting JuliusCeasar
Bought below 1.27 last week and won't let it go below 1.2740


Attachment




.
nice .....
Blogging daily now at www.volume.zone
  • #3,746
  • Sep 13, 2010 3:01am Sep 13, 2010 3:01am
Quoting malcolmb14
something going on

gu futures suggest large up move in the making


Attachment
Mal your eyes are a bit wonky, the first marked candle doesn't correspond to the first marked volume bar. It should be pointing to the low volume next to it. you need to go to bed
  • #3,747
  • Sep 13, 2010 3:11am Sep 13, 2010 3:11am
short on close of 3rd UT
Attached Image (click to enlarge)
Click to Enlarge Name: short Eur.jpg Size: 83 KB
  • #3,748
  • Sep 13, 2010 3:25am Sep 13, 2010 3:25am
GJ M15

Interesting. That wide spread up bar after the 2nd peak is a bit worrying tho.
Attached Image (click to enlarge)
Click to Enlarge Name: 110.png Size: 69 KB
  • #3,749
  • Sep 13, 2010 3:43am Sep 13, 2010 3:43am
Went long EU. Though not too sure about that. I hate mondays
  • #3,750
  • Sep 13, 2010 3:45am Sep 13, 2010 3:45am
Quoting comapip
Went long EU. Though not too sure about that. I hate mondays
Share with us why you went long so we can all learn please.
  • #3,751
  • Sep 13, 2010 3:57am Sep 13, 2010 3:57am
Based on 15 min. price went down on lower volume, also a pin bar near support with the next bar/candle being up. I'm wary now, because volume is still low. Maybe we'll see another test for supply.
Attached Image (click to enlarge)
Click to Enlarge Name: eu_m15_2010-09-13.gif Size: 31 KB
  • #3,752
  • Sep 13, 2010 4:06am Sep 13, 2010 4:06am
Quoting comapip
Based on 15 min. price went down on lower volume, also a pin bar near support with the next bar/candle being up. I'm wary now, because volume is still low. Maybe we'll see another test for supply.
I dont know bro... the upbars straight after your vertical line show lower volume and can be interpreted as ND. Its evident that Supply did come into the market, hence we've been sideways after the rally. The question is: will it last? and will it absorb the demand?

What are you views Intel??
  • #3,753
  • Sep 13, 2010 4:12am Sep 13, 2010 4:12am
EU H1

I'd be looking for a retrace before any good sized up move. But, as I've said before, I'm not the best at predictions......I try to stay away from them.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 111.png Size: 198 KB
Click to Enlarge Name: 112.png Size: 183 KB
  • #3,754
  • Sep 13, 2010 4:21am Sep 13, 2010 4:21am
@Intel

Great analysis, thanks
  • #3,755
  • Sep 13, 2010 4:25am Sep 13, 2010 4:25am
I'm best at after-the-fact analysis myself
  • #3,756
  • Sep 13, 2010 4:26am Sep 13, 2010 4:26am
Quoting comapip
I'm best at after-the-fact analysis myself
Aren't we all
  • #3,757
  • Sep 13, 2010 4:31am Sep 13, 2010 4:31am
Goto go now....playing golf soon

Check out GU H1 see if anything grabs you!!
  • #3,758
  • Sep 13, 2010 4:41am Sep 13, 2010 4:41am
Quoting malcolmb14
any ultra high volume bars have to be taken with warning .. or alarm bells if you think down and you see one of these 90 % of time it is buyers , either sit aside if not in trade and wait for further weakness or see how next few bars act

Attachment

Hi Malcolm,

From your and Intel charts, I now noticed there is:

- a significant difference between eSignal volume to what I am using

- and having more indicators like on my chart squeeze the volume too much, harder to differentiate High versus Ultra High volume.

Ok, not going to eSignal yet.
May have to make Better Volume indicator bigger and lessen the other indicators.


Cheers,
FB.
  • #3,759
  • Sep 13, 2010 5:24am Sep 13, 2010 5:24am
I may be completely wrong here but at the risk of jinxing myself i think CASE2 (from the attached) has higher possibility of playing out than CASE1.
2 Reasons -1) is the bearish engulfing weekly candle. (pointed at, on the left chart)
2) is just looks better for the eye, i cant describe it but it's just more pleasant

Imho 2nd case will only be invalidated if price reaches 1.5570 level...until then shorting any rally seems sensible....(especially if VSA confirms)
Attached Image (click to enlarge)
Click to Enlarge Name: cases.jpg Size: 106 KB
  • #3,760
  • Sep 13, 2010 5:42am Sep 13, 2010 5:42am
My 8th VSA Trade (Live).

Executed Order.
EUR/USD - Short
Date: 10-Sep-10 (Fri late US session)
Time: FxPro 20:30
Entry: 1.2715
SL: 1.2745 (-30 pips)
TP: 1.2665 (+50 pips)

Reasons:
Note the Red vertical line, the bar after this line is my signal bar.
Background Weakness, Upthrust, NoDemand.
Wait for break of minor support 1.2718.
Sell on Low of Price Up Bar.
Hull Red on M15. Hull Green on H1 and M30.

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 it is profit or loss.

Final Result.
The above order hit SL: 1.2745 (-30 pips).

** Please comment on analysis.

Please comment on Why Not to Enter ??

This trade normally would not have been taken because way past sleep time.
Taken because watching EUR/USD during that time and continuous from VSA#6 and VSA#7, thinking it was good background showing weakness and got a third Upthrust for a good sign for short.
On Saturday market close showing 40pips in profit, no chance to take profit.
Then Monday open Gap up reversal to loss.

Thanks,
FB.


Attached Image (click to enlarge)
Click to Enlarge Name: 2010-09-10_VSA_Exit8_EURUSD_M15_Short.png Size: 54 KB
15 traders viewing now