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vsa with Malcolm

  • #3,861
  • Sep 14, 2010 5:14am Sep 14, 2010 5:14am
Quoting HiddenGap
Honestly, no.

I use WRBs to exit.
Exiting is always an issue for me. I never seem to hold them long enough or close them quick enough. Thank God I have trade mgt down pat... I think

do you use Tom Williams advice and close after you see 2-3 bars going the other way?
  • #3,862
  • Sep 14, 2010 5:19am Sep 14, 2010 5:19am
Quoting gez40
Is that not a failed test?
Erm... no. Not quite sure why you might think that?
  • #3,863
  • Sep 14, 2010 5:24am Sep 14, 2010 5:24am
Quoting Intel
Erm... no. Not quite sure why you might think that?

next bar closes down?...i am a bit vsa rusty.
Seek not to change the world; seek only to change your mind about the world
  • #3,864
  • Sep 14, 2010 5:24am Sep 14, 2010 5:24am
Quoting Sonny1
Exiting is always an issue for me. I never seem to hold them long enough or close them quick enough. Thank God I have trade mgt down pat... I think

do you use Tom Williams advice and close after you see 2-3 bars going the other way?
I like three (3) better than two (2). After the second partial on a WRB, I may exit if there are three (3) consecutive up, or down if long, closes. Especially if price has moved to the opposite side of the DBPL in the process.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #3,865
  • Sep 14, 2010 5:25am Sep 14, 2010 5:25am
Quoting HiddenGap
We don't see it that often but here's a nice example.

EDIT: we have a narrow range up canlde into new ground (or at least territory not visited in some time) on high volume closing on or near its high. Of course, this is a squat.
My volume is different to yours. I show LESS volume on the EORM. Thats twice today mine has been different to someone elses!!
  • #3,866
  • Sep 14, 2010 5:28am Sep 14, 2010 5:28am
Quoting Intel
My volume is different to yours. I show LESS volume on the EORM. Thats twice today mine has been different to someone elses!!
its your broker bro, you're using FXCM right... The research over these threads came to conclusion that IBFX is reasonable if your using MT4, but you want the real deal ESignal is the one to go for
  • #3,867
  • Sep 14, 2010 5:34am Sep 14, 2010 5:34am
Quoting Sonny1
its your broker bro, you're using FXCM right... The research over these threads came to conclusion that IBFX is reasonable if your using MT4, but you want the real deal ESignal is the one to go for
Esignal is the daddy for sure but, I'll take FXCM over IBFX any day.
  • #3,868
  • Sep 14, 2010 5:35am Sep 14, 2010 5:35am
Time to close out and go play golf I think. Hope you all do well today.
  • #3,869
  • Sep 14, 2010 5:38am Sep 14, 2010 5:38am
Quoting HiddenGap
I like three (3) better than two (2). After the second partial on a WRB, I may exit if there are three (3) consecutive up, or down if long, closes. Especially if price has moved to the opposite side of the DBPL in the process.
Appreciate it HG.

It's a shame you don't post as much as you used to. So much to learn from your posts. You and Mal are 'Hidden Mentors' for my trading.



Special thanks to Intel for the HG pdf!
  • #3,870
  • Edited 5:51am Sep 14, 2010 5:38am | Edited 5:51am
Quoting Intel
My volume is different to yours. I show LESS volume on the EORM. Thats twice today mine has been different to someone elses!!
Your volume is usually pretty good. What's up?

EDIT: I would not be surprised if mine changed. I am convinced that sometime the brokers change volume to hider VSA learning. I have seen No Demands in the right place that are followed by nice down moves in realtime turn out to have more volume by the end of the day. In other words, the no demand happens on a Friday. If you go back to your charts on Saturday suddenly it is no longer No Demand and the volume doesn't tell the story it did the day before.

The strange thing is that if the volume is being adjusted honestly, then one would have to wonder why the "incorrect" No Demand worked in the first place. I guess we just have to trade what we see.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #3,871
  • Sep 14, 2010 5:48am Sep 14, 2010 5:48am
That was a good call for Short - When do you take profit?
  • #3,872
  • Sep 14, 2010 5:55am Sep 14, 2010 5:55am
Quoting HiddenGap
Your volume is usually pretty good. What's up?

EDIT: I would not be surprised if mine changed. I am convinced that sometime the brokers change volume to hider VSA learning. I have seen No Demands in the right place that are followed by nice down moves in realtime turn out to have more volume by the end of the day. In other words, the no demand happens on a Friday. If you go back to your charts on Saturday suddenly it is no longer No Demand and the volume doesn't tell the story it did the day before.

The strange thing is that if the volume is...
Not sure whats going on. I don't think I've had and 'bum steers' so I guess I'll just keep with it.

'Trade what we see'

Fantastic advice for everyone.

See ya later folks.
  • #3,873
  • Sep 14, 2010 5:59am Sep 14, 2010 5:59am
Quoting Sonny1
Appreciate it HG.

It's a shame you don't post as much as you used to. So much to learn from your posts. You and Mal are 'Hidden Mentors' for my trading.



Special thanks to Intel for the HG pdf!
Not so much 'hidden' for me. Between them they are responsible for 75% of my VSA knowledge (not sure if thats a compliment or not ). I knew nothing about VSA before finding Shamus' thread, and it was these 2 who convinced me that there was merit in VSA.
  • #3,874
  • Sep 14, 2010 6:09am Sep 14, 2010 6:09am
Quoting Intel
Not so much 'hidden' for me. Between them they are responsible for 75% of my VSA knowledge (not sure if thats a compliment or not ). I knew nothing about VSA before finding Shamus' thread, and it was these 2 who convinced me that there was merit in VSA.
Second That!

Have a good day playing golf buddy!
  • #3,875
  • Edited 7:04am Sep 14, 2010 6:48am | Edited 7:04am
what?
Intel is going golfing again?
what a great life!

Quoting gez40
... found another pdf on vsa...
many thanks for them
  • #3,876
  • Sep 14, 2010 7:16am Sep 14, 2010 7:16am
What I found out re: volume is that sometimes MT4 won't receive all the ticks in a real time, and the best is to periodically click Refresh on a chart. You will see how some bars rise, some change colors (in case of BV) and also Journal tab will display: X bars imported..
I discovered this once when had the same chart open at home and at work and remember that volumes were not the same until I refreshed.
Try it, it may help.
  • #3,877
  • Sep 14, 2010 7:43am Sep 14, 2010 7:43am
Quoting vijaym4
That was a good call for Short - When do you take profit?
Hey VJ

Closed GBP position once 38% retracement was broken. EUR closed 80% of position on Shakeout bar on m5.
  • #3,878
  • Sep 14, 2010 7:50am Sep 14, 2010 7:50am
Was that stopping volume on the 15m?
  • #3,879
  • Sep 14, 2010 8:08am Sep 14, 2010 8:08am
Quoting trade2live
Was that stopping volume on the 15m?
quite possibly, hit the same low that from the 19th August. still need further confirmation
  • #3,880
  • Edited 9:04am Sep 14, 2010 8:14am | Edited 9:04am
Selling on eu followed by no demands.

Edit: Price rocketed up past the high and the POC !
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