vsa with Malcolm | Page 270 | 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

  • #5,381
  • Oct 11, 2010 11:05am Oct 11, 2010 11:05am
If there wouldn't be my name, i would be lazy to comment

AT first i look back and ask myself - what kind of bars moved market Up previusly. Does we have such bar (bars ) ( volume and price ) NOW to think that this is accumulation ?

Also, bars are making lower highs and lower lows, ALL IS DOWN.

I don't think there is much more yet on charts that gets my attention.


EDIT:
This is my view and how i look on charts and that doesn't mean i am right...

Best,
Tom


Quoting bruceli
any comments appreciated, Tom

in my opnion, last 4 down bars show accumulation, especially the one before the last one seems a stop vol with its higher volume..

the daily last down bar actually formed with up move with very low volume and following very high volume with down bars. so as if, it seems a no supply bar in the first half of the day with low volume, and later on, daily volme became down bar with high volume.

the last 4-5 bars may bring up move for several days, however there is really very strong down trend...

but, there is...
  • #5,382
  • Oct 11, 2010 11:12am Oct 11, 2010 11:12am
Quoting tfflyer
If there wouldn't be my name, i would be lazy to comment

AT first i look back and ask myself - what kind of bars moved market Up previusly. Does we have such bar (bars ) ( volume and price ) NOW to think that this is accumulation ?

Also, bars are making lower highs and lower lows, ALL IS DOWN.

I don't think there is much more yet on charts that gets my attention.

Best,
Tom
yeap, i think we should see something interesting..

meanwhile, what do you think about last1-2 hours down move of Cable ?

cheers...

besides, as you know, there was gap at gu, but it was much more @ eurusd , aud/usd... all up gaps... and @ dollar index, there was down gaps...
  • #5,383
  • Oct 11, 2010 11:18am Oct 11, 2010 11:18am
Hi,

I don't have any view on Gu or to other instruments..

I wait for setup and when it comes - i just take trade.

Best,
Tom



Quoting bruceli
yeap, i think we should see something interesting..

meanwhile, what do you think about last1-2 hours down move of Cable ?

cheers...

besides, as you know, there was gap at gu, but it was much more @ eurusd , aud/usd... all up gaps... and @ dollar index, there was down gaps...
  • #5,384
  • Oct 11, 2010 11:34am Oct 11, 2010 11:34am
EUR/USD
Hey guys I"m new here to VSA and currently reading master the markets. I've traded for about a year now in the fx market. I"m wondering if this move down over the last couple days (since mostly on low volume and some because of the holiday in US and Japan) would be a valid time to enter longif we start to move back up on higher volume??? thanks for any comments as i look forward to learning this method of analysis
assume the position...whichever that may be
  • #5,385
  • Oct 11, 2010 2:41pm Oct 11, 2010 2:41pm
Quoting tfflyer
Hi,

I don't have any view on Gu or to other instruments..

I wait for setup and when it comes - i just take trade.

Best,
Tom
yes, the best is to wait for the set-up
  • #5,386
  • Oct 11, 2010 9:42pm Oct 11, 2010 9:42pm
Boy, I would like to get your VSA input on this beautiful looking Wedge on the Daily. Look at this possible 700 pip drop. Looks to be Divergence hiding in here also.

Jim
Attached Image (click to enlarge)
Click to Enlarge Name: ec.gif Size: 31 KB
  • #5,387
  • Oct 11, 2010 10:00pm Oct 11, 2010 10:00pm
Quoting Nene
Boy, I would like to get your VSA input on this beautiful looking Wedge on the Daily. Look at this possible 700 pip drop. Looks to be Divergence hiding in here also.

Jim
crosses daily very tough to work with on daily as daily forex volumes suck big time , in fact esignal does not even have any. For daily I use futures and only on majors

thoughts on market however are :
sideweays / slightly up till fomc

IF no mention of 1 trillion qe2 euro and gu may drop 500 pip plus as the qe2 is factored in .
Blogging daily now at www.volume.zone
  • #5,388
  • Edited 1:02am Oct 12, 2010 1:02am | Edited 1:02am
Quoting Nene
Boy, I would like to get your VSA input on this beautiful looking Wedge on the Daily. Look at this possible 700 pip drop. Looks to be Divergence hiding in here also.

Jim
I don't trade this pair but looks interesting
Does it have relation with e/u? For example if e/u going up what u expecting to happen to this pair?
  • #5,389
  • Oct 12, 2010 11:45am Oct 12, 2010 11:45am
Ok guys so we know theres a downtrend in GBP today i just wanted to point out that even simple MA cant show a trend to look for setups in.

There was a double top (ish) on the EU and GU so we need to look for possible short entrys.

theres a few good points of entry on here, with very little risk if stops are correctly placed.
Attached Image (click to enlarge)
Click to Enlarge Name: snapshot-5.png Size: 90 KB
  • #5,390
  • Oct 12, 2010 2:28pm Oct 12, 2010 2:28pm
not been posting much .... was away for long weekend and busy traidng this insane market ... I have to be 100% focused.

Look for any reatrcements on eu for 1.4 test in london

gu has some strength on 60 min but is the weakest pair out there today
Blogging daily now at www.volume.zone
  • #5,391
  • Oct 12, 2010 2:31pm Oct 12, 2010 2:31pm
Quoting malcolmb14
not been posting much .... was away for long weekend and busy traidng this insane market ... I have to be 100% focused.

Look for any reatrcements on eu for 1.4 test in london

gu has some strength on 60 min but is the weakest pair out there today
Same for me

malc look my setup 3 h ago ,2 stoping volume on trendline
Attached Image (click to enlarge)
Click to Enlarge Name: chanel.gif Size: 20 KB
"Buy on fear, sell on greed !!!
  • #5,392
  • Oct 12, 2010 2:34pm Oct 12, 2010 2:34pm
Quoting Petar_Serbia
Same for me

malc look my setup 3 h ago ,2 stoping volume on trendline
nice bought eu 1st thing this morning 1.,3800. ej just got in on break 1113,65 resistance.
Blogging daily now at www.volume.zone
  • #5,393
  • Oct 12, 2010 2:38pm Oct 12, 2010 2:38pm
Quoting malcolmb14
nice bought eu 1st thing this morning 1.,3800. ej just got in on break 1113,65 resistance.
Yea good setup at all >
Attached Image (click to enlarge)
Click to Enlarge Name: goodup.gif Size: 20 KB
"Buy on fear, sell on greed !!!
  • #5,394
  • Oct 12, 2010 5:50pm Oct 12, 2010 5:50pm
Quoting Petar_Serbia
Yea good setup at all >
nice trade
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #5,395
  • Oct 12, 2010 6:48pm Oct 12, 2010 6:48pm
Quoting malcolmb14
not been posting much .... was away for long weekend and busy traidng this insane market ... I have to be 100% focused.

Look for any reatrcements on eu for 1.4 test in london

gu has some strength on 60 min but is the weakest pair out there today
Hey mal, how are you working out of a cuurency is acting weaker Than another, Ive noticed you mentioned it before but can't work of out!

Normally if I was comparing say indexes I'd put them all on a line graph to see which one is dropping/rising the quickest thus determining strong/weak, however with forex as there's so many different pairs I'm not too sire if to compare the select few with a pair or all!!

Cheers
  • #5,396
  • Edited 9:23pm Oct 12, 2010 7:27pm | Edited 9:23pm
Quoting Tea_trader
Hey mal, how are you working out of a cuurency is acting weaker Than another, Ive noticed you mentioned it before but can't work of out!

Normally if I was comparing say indexes I'd put them all on a line graph to see which one is dropping/rising the quickest thus determining strong/weak, however with forex as there's so many different pairs I'm not too sire if to compare the select few with a pair or all!!

Cheers
Main way is to view the 2 currencies against each other rather than individual bases. So in this case, if you're looking to find whether GU or EU is stronger/weaker, look at EUR/GBP chart. Evident that EUR is stronger.
  • #5,397
  • Oct 12, 2010 7:29pm Oct 12, 2010 7:29pm
Quoting Tea_trader
Hey mal, how are you working out of a cuurency is acting weaker Than another, Ive noticed you mentioned it before but can't work of out!

Normally if I was comparing say indexes I'd put them all on a line graph to see which one is dropping/rising the quickest thus determining strong/weak, however with forex as there's so many different pairs I'm not too sire if to compare the select few with a pair or all!!

Cheers
nifty little gizome a guy programmed for me on esignal ...

also just by watching a few ... gu very weak today on news eu flew up .... so gbp weak versus euro
Blogging daily now at www.volume.zone
  • #5,398
  • Oct 12, 2010 9:47pm Oct 12, 2010 9:47pm
question on EJ... since there is no supply, was this a markup that didn't grow legs, or was this selling followed by crowd buying ?

good trading to all
Attached Image (click to enlarge)
Click to Enlarge Name: ej101210.gif Size: 34 KB
  • #5,399
  • Oct 13, 2010 12:16am Oct 13, 2010 12:16am
potential strength / bottom on gu

look for any further testing / shakes outs thru London .

Gu was the weakest pair last session but there are signs of buying interest

Attached Image (click to enlarge)
Click to Enlarge Name: chart3036.png Size: 215 KB
Blogging daily now at www.volume.zone
  • #5,400
  • Oct 13, 2010 2:42am Oct 13, 2010 2:42am
Quoting Tea_trader
Hey mal, how are you working out of a cuurency is acting weaker Than another, Ive noticed you mentioned it before but can't work of out!

Normally if I was comparing say indexes I'd put them all on a line graph to see which one is dropping/rising the quickest thus determining strong/weak, however with forex as there's so many different pairs I'm not too sire if to compare the select few with a pair or all!!

Cheers

Hi Tea_trader,

How about this? It's called currency strength meter, uses MT4 feed.
It is a free software, and I hope it is not considered advertising posting its link.
You can grab it here.

hsa
Attached Image
39 traders viewing now