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vsa with Malcolm

  • #4,061
  • Sep 16, 2010 9:18am Sep 16, 2010 9:18am
Quoting foxybunny
Hi Malcolm,

What do you mean by "high vol pivots of the last 20 trading days" ?

Would you mind showing on a chart what does "high vol pivots" look like, and how to calculate ?

Thx.

each day a max level of buyers / sellers happens. This called a point of control. today that level is 1.3076.

I have these levels set on charts for 20 days back .

1st chart shows poc today
2nd shows poc 10 , 9 , 3 and 11 days back .... look how they formed s/r level for only 3 trading days back .

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Blogging daily now at www.volume.zone
  • #4,062
  • Sep 16, 2010 9:19am Sep 16, 2010 9:19am
Quoting gez40
Getting the VSA bug again damn it, took the second long for a quick 20 pips, Mal, what is your exit strategy?
Good trade, I'm still shaking my head i missed that one. When you take a trade on a pair that has already had an extended move, calculate how far you are from the daily range, it will give you a profit target.
  • #4,063
  • Sep 16, 2010 9:21am Sep 16, 2010 9:21am
Quoting gez40
Getting the VSA bug again damn it, took the second long for a quick 20 pips, Mal, what is your exit strategy?

currently playing 3060 to 3090 , just 28 pip a go , now if it moves up higher i have to wait. 2 trades and got my 50 pip a day that i look for , been in markets 1.5 hrs. if you are still in 1.3120 days range to 3150 could be target but doubt much higher for today.

3090 is current upper value area. last up move on 15 was wide spread up on uh vol ....enough for me to take my pips and run
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Blogging daily now at www.volume.zone
  • #4,064
  • Sep 16, 2010 9:21am Sep 16, 2010 9:21am
Quoting Sonofsin5
Good trade, I'm still shaking my head i missed that one. When you take a trade on a pair that has already had an extended move, calculate how far you are from the daily range, it will give you a profit target.
Thak you Sonofsin
Seek not to change the world; seek only to change your mind about the world
  • #4,065
  • Sep 16, 2010 9:22am Sep 16, 2010 9:22am
Quoting malcolmb14
currently playing 3060 to 3090 , just 28 pip a go , now if it moves up higher i have to wait. 2 trades and got my 50 pip a day that i look for , been in markets 1.5 hrs. if you are still in 1.3120 days range to 3150 could be target but doubt much higher for today.

3090 is current upper value area. last up move on 15 was wide spread up on uh vol ....enough for me to take my pips and run
Thanks Mal.
Seek not to change the world; seek only to change your mind about the world
  • #4,066
  • Sep 16, 2010 9:30am Sep 16, 2010 9:30am
Quoting malcolmb14
currently playing 3060 to 3090 , just 28 pip a go , now if it moves up higher i have to wait. 2 trades and got my 50 pip a day that i look for , been in markets 1.5 hrs. if you are still in 1.3120 days range to 3150 could be target but doubt much higher for today.

3090 is current upper value area. last up move on 15 was wide spread up on uh vol ....enough for me to take my pips and run
Hi malc, agred, with your point.. I'm looking fwd to enter at about the breakout of the 50% fib.. I don't think it's gonna filled before the week ends, maybe next week.. who knows, right?...
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  • #4,067
  • Sep 16, 2010 9:33am Sep 16, 2010 9:33am
Quoting A-speculator
Hi malc, agred, with your point.. I'm looking fwd to enter at about the breakout of the 50% fib.. I don't think it's gonna filled before the week ends, maybe next week.. who knows, right?...
Take the AC off your charts, being a former student of Bill williams I can tell you its useless in application to forex. AO is great for divergences and confirming wave 3's but the ac is pointless in FX.
  • #4,068
  • Sep 16, 2010 9:35am Sep 16, 2010 9:35am
Another view of the market..

If we take the 50% now as the previous resistance, the price now is hovering at about the 161 fibo.. don't think its gonna move higher... Maybe we can see consolidation phase before retracement.. just my 2 cents..
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  • #4,069
  • Sep 16, 2010 9:39am Sep 16, 2010 9:39am
Quoting Sonofsin5
Take the AC off your charts, being a former student of Bill williams I can tell you its useless in application to forex. AO is great for divergences and confirming wave 3's but the ac is pointless in FX.
No prob bro.. I never use any indicators as my primary TA.. I only use it to confirmed my TA..
  • #4,070
  • Sep 16, 2010 9:53am Sep 16, 2010 9:53am
Quoting malcolmb14
2nd trade eu again off a 15 min chart
entry vwap 1.3060

Attachment

Hi Everyone using Demo Charts,

Below first chart is what I have for demo, and the second chart is Malcolm.
I just compared to recent EUR/USD trade by Malcolm showing Stopping Vol on his esignal chart, but this Stopping Vol does not appear on the demo chart. It show up as a normal volume on demo.

This mean I would not even have a chance to see this as a trade setup.

Who has a demo MT4 chart for this trade looks more like Malcolm's chart ??
Please post your chart.

Which demo MT4 broker?

Cheers,
FB.

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  • #4,071
  • Sep 16, 2010 9:55am Sep 16, 2010 9:55am
eu days range complete to the pip ....

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Blogging daily now at www.volume.zone
  • #4,072
  • Sep 16, 2010 10:17am Sep 16, 2010 10:17am
This isn't directed to anyone specific but in general: this thread should really be about VSA. There are fairly well covered other threads for non-VSA discussions, and cowboy calls.

I would expect most people come here to focus, learn and hear about VSA. Sure, there can be value in them but when you get pages of posts where volume's not even on the charts, it ends up taking too much of everyone's valuable time & can be confusing.
  • #4,073
  • Sep 16, 2010 10:25am Sep 16, 2010 10:25am
hi malcolm,

a stupid question, perhaps...

what's your broker and what's your trading platform?

i'd like to follow you with the same charts!!

thanks
  • #4,074
  • Sep 16, 2010 11:14am Sep 16, 2010 11:14am
Do you indicator to show POC for last few days for MT4?
Quoting foxybunny
Hi Everyone using Demo Charts,

Below first chart is what I have for demo, and the second chart is Malcolm.
I just compared to recent EUR/USD trade by Malcolm showing Stopping Vol on his esignal chart, but this Stopping Vol does not appear on the demo chart. It show up as a normal volume on demo.

This mean I would not even have a chance to see this as a trade setup.

Who has a demo MT4 chart for this trade looks more like Malcolm's chart ??
Please post your chart.

Which demo MT4 broker?

Cheers,
FB.

Attachment
Attachment ...
  • #4,075
  • Sep 16, 2010 11:17am Sep 16, 2010 11:17am
Selling at resistance then ND, quick 20 pips.
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  • #4,076
  • Sep 16, 2010 11:24am Sep 16, 2010 11:24am
Will this do?

This is from GoMarkets (www.gomarketsaus.com)

Quoting foxybunny
Hi Everyone using Demo Charts,

Below first chart is what I have for demo, and the second chart is Malcolm.
I just compared to recent EUR/USD trade by Malcolm showing Stopping Vol on his esignal chart, but this Stopping Vol does not appear on the demo chart. It show up as a normal volume on demo.

This mean I would not even have a chance to see this as a trade setup.

Who has a demo MT4 chart for this trade looks more like Malcolm's chart ??
Please post your chart.

Which demo MT4 broker?

Cheers,
FB.

Attachment
Attachment ...
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  • #4,077
  • Sep 16, 2010 11:33am Sep 16, 2010 11:33am
Quote
Hi Everyone using Demo Charts,

Below first chart is what I have for demo, and the second chart is Malcolm.
I just compared to recent EUR/USD trade by Malcolm showing Stopping Vol on his esignal chart, but this Stopping Vol does not appear on the demo chart. It show up as a normal volume on demo.

This mean I would not even have a chance to see this as a trade setup.

Who has a demo MT4 chart for this trade looks more like Malcolm's chart ??
Please post your chart.

Which demo MT4 broker?

Cheers,
FB.

Here's mine. I'm on alpari demo.
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  • #4,078
  • Sep 16, 2010 11:39am Sep 16, 2010 11:39am
Quoting foxybunny
Hi Everyone using Demo Charts,

Below first chart is what I have for demo, and the second chart is Malcolm.
I just compared to recent EUR/USD trade by Malcolm showing Stopping Vol on his esignal chart, but this Stopping Vol does not appear on the demo chart. It show up as a normal volume on demo.

This mean I would not even have a chance to see this as a trade setup.

Who has a demo MT4 chart for this trade looks more like Malcolm's chart ??
Please post your chart.

Which demo MT4 broker?

Cheers,
FB.

Attachment
Attachment ...

Take note... That bar Mal refers to as stopping volume is in combination with the second bar after it (i.e the next bar which is an up bar). A stopping volume bar is one which closes lower than the close of the previous bar but on the its highs or off its lows, also with high volume. In other words it's advanced stopping volume. It's on your chart from what you posted.
  • #4,079
  • Sep 16, 2010 11:50am Sep 16, 2010 11:50am
GU SELL

25 pip SL


b,
Tom
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  • #4,080
  • Sep 16, 2010 11:55am Sep 16, 2010 11:55am
That was good entry.

B,
Tom

Quoting frankkn
Selling at resistance then ND, quick 20 pips.
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