vsa with Malcolm | Page 350 | 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

  • #6,981
  • Nov 21, 2010 10:12am Nov 21, 2010 10:12am
Petar

I am not going to argue with you on this one. No point . BUt vsa is all about background. Pros do not suddenly change mind on one 15 min candle. I can tell you gu and eu will have up days on Monday due to Fridays price action. Of this I am 99.99999% sure.

As Mima put is , in vsa terms , you really have no clue what you are talking about. But does it matter ? no ... cause you make some great trades

Quoting Petar_Serbia
Malc i cant agree with you and i have good reason...You said what happened 2 days ago will show where we go next week,for me abolutly no becouse,every day is story for yourself,and thing you said is based on past,remember past isnt signal for future. We cant know where we can go becouse both side has sense i will post my chart i posted 1 week ago where i said we will test 1.3400 and maybe lower..

Look what we have on daily >

Good chanel,good retrace point 75 fibo and very clear pattern Gartley and also ABCD..

This also has big sense for future...
Blogging daily now at www.volume.zone
  • #6,982
  • Nov 21, 2010 10:24am Nov 21, 2010 10:24am
'you cant work Volume on daily or something like that,you can work, but that is casino becouse we have few things..'

Petar this statement is so wrong .... you do not even know HOW wrong this is. I have been holding BP since $30 ...when all the news was saying how bad things were for it.

4 days ago I said i am becoming bullish on euro ... think that was on a 15 min chart ? I had loss on gu last week but my long on euro made that 160 pip back . In addition I traded intraday but mostly ES.

here is the daily chart

IF eu is so bearish how comes on the DAILY we have a squat bar after a low vol down bar testing 3500. That squat bar closed in the upper half on massive vol. Highest since fomc. That is a very bullish bar. Above 1.3750 that will take us back to 1.4000 to 1.4200 test of supply.

your statement of volumes cannot be used on daily clearly shows you have not grasped vsa... so please do not argue the finer points of it with me.

Attached Image (click to enlarge)
Click to Enlarge Name: eu daily.jpg Size: 237 KB





Quoting Petar_Serbia
I see you didnt undestand what i wrote...Man, Volume is indicator like others,VSA is tehniques ike many others,isnt holy grail or something like that...You didnt undestand what i wanted to say...Y
Look if you work intraday that is good becouse fresh volume setup is good signal when we loose power for buy or sell but just for that day.Intraday setup is most accuraty becouse if you wait 3,4 days accoriding Volume setup,that setup was in big past and mean nothing for current situation that is why i said there is no sense to work anything on large frames.I...
Blogging daily now at www.volume.zone
  • #6,983
  • Nov 21, 2010 10:29am Nov 21, 2010 10:29am
http://www.cbc.ca/world/story/2010/1...d-bailout.html

Ireland just accepted a bailiout.

BOOM
  • #6,984
  • Nov 21, 2010 10:34am Nov 21, 2010 10:34am
Quoting Sonofsin5
http://www.cbc.ca/world/story/2010/1...d-bailout.html

Ireland just accepted a bailiout.

BOOM


eu strong being bought
[11/19/2010 7:33:15 AM] malcolm britton: gu dropped hard
[11/19/2010 7:33:35 AM] malcolm britton: es maybe test on 10
[11/19/2010 7:33:43 AM] malcolm britton: all sellers evaporated
[11/19/2010 7:34:40 AM] malcolm britton: yesterdays vwap 1.3630
[11/19/2010 7:34:45 AM] malcolm britton: may get a psike to there
[11/19/2010 7:34:50 AM] malcolm britton: is that your tp ?
[11/19/2010 7:34:56 AM] Michaelk: yes
[11/19/2010 7:35:01 AM] Michaelk: 3632
[11/19/2010 7:35:05 AM] Michaelk: just above

market going no where fast
[11/19/2010 7:28:39 AM] malcolm britton: check 30 eu
[11/19/2010 7:29:23 AM] Michaelk: i like my eur trade, and 1.2:1 r:r is ok
[11/19/2010 7:29:29 AM] Michaelk: yes im looking at 30
[11/19/2010 7:29:40 AM] malcolm britton: it is being bought
[11/19/2010 7:29:41 AM] malcolm britton: heavy

surprise to us ??? no not really.

I think you even nailed the bottom before a 400 pip move up
Blogging daily now at www.volume.zone
  • #6,985
  • Nov 21, 2010 10:40am Nov 21, 2010 10:40am
Quoting malcolmb14
eu strong being bought
[11/19/2010 7:33:15 AM] malcolm britton: gu dropped hard
[11/19/2010 7:33:35 AM] malcolm britton: es maybe test on 10
[11/19/2010 7:33:43 AM] malcolm britton: all sellers evaporated
[11/19/2010 7:34:40 AM] malcolm britton: yesterdays vwap 1.3630
[11/19/2010 7:34:45 AM] malcolm britton: may get a psike to there
[11/19/2010 7:34:50 AM] malcolm britton: is that your tp ?
[11/19/2010 7:34:56 AM] Michaelk: yes
[11/19/2010 7:35:01 AM] Michaelk: 3632
[11/19/2010 7:35:05 AM] Michaelk: just above

market going no where fast
[11/19/2010...




Shhhh!

lol
  • #6,986
  • Nov 21, 2010 11:05am Nov 21, 2010 11:05am
Quoting malcolmb14
Petar

I am not going to argue with you on this one. No point . BUt vsa is all about background. Pros do not suddenly change mind on one 15 min candle. I can tell you gu and eu will have up days on Monday due to Fridays price action. Of this I am 99.99999% sure.

As Mima put is , in vsa terms , you really have no clue what you are talking about. But does it matter ? no ... cause you make some great trades
OK i am 100 % wrong you are 100 % correct,than i wont post here anymore(to much negative atmosphere for me)...Wish you good luck guys,,,


Bye
"Buy on fear, sell on greed !!!
  • #6,987
  • Nov 21, 2010 11:08am Nov 21, 2010 11:08am
Hi all. It's undoubted that VSA has to do with the past, ... the question is How long in the past?. I think Petar and Malc are both right, but with different time "windows" (frame).

I have noted many times that Forex is so variable that what you think to be selling yesterday appears to be buying today, that's the nature of this market. Anyway it depends on the idea of how long a volume data you saw in the past is still valid today. Many people, like Petar, think it's only a day or so and others like Malc think it's valid for much more time. But the basic idea is the same in the two cases, past volume moves markets.

Thanks to all for this great thread.
  • #6,988
  • Nov 21, 2010 11:35am Nov 21, 2010 11:35am
Quoting Petar_Serbia
OK i am 100 % wrong you are 100 % correct,than i wont post here anymore(to much negative atmosphere for me)...Wish you good luck guys,,,


Bye
Hello Peter I aprecciate your post so much! Malcoms too...

But It will be funny if EU drops tomorrow (99,9999999999% Doesnt fail that often). hahaha
Greetings, BeLikewater
  • #6,989
  • Nov 21, 2010 11:37am Nov 21, 2010 11:37am
Quoting Petar_Serbia
OK i am 100 % wrong you are 100 % correct,than i wont post here anymore(to much negative atmosphere for me)...Wish you good luck guys,,,


Bye
aww come on Petar...I am not being rude .. just stating facts.

your statements were so ' you cannot do this ' and you cannot do that ' using volume. You were so sure ... but yet everything you said when you apply the core principles of vsa was 100 % wrong.

i was just debating with you ... do not get upset .

vsa can be used on any time frame from weekly to 1 min , you like me are more of an intraday trader , BUT i still look at the daily charts and past to see what is going on .

I wake up at us / london overlap. I always look back at the 5 hours before ( since start of london ) to see what is going on . So past history can predict future

g back and look in my posts I said I am getting bullish eu a few days back. There was very valid reasons on a 2 hr chart.

VSA really is like reading a book ....sometime there are some really exciting bits ( intraday 15 min) and sometimes just an introduction to the story / ending to the last story ( accumulation and distribution)

Pros trade all time frames. If you want to buy 10 billion euros you gonna buy all on one 15 min bar ? or you going to buy in chunks on down moves
Blogging daily now at www.volume.zone
  • #6,990
  • Nov 21, 2010 12:04pm Nov 21, 2010 12:04pm
Quoting malcolmb14
here is the daily chart

IF eu is so bearish how comes on the DAILY we have a squat bar after a low vol down bar testing 3500. That squat bar closed in the upper half on massive vol. Highest since fomc. (...)
One question about this chart, Mal:

Isn't this a Future's chart?
So aren't the volumes updated in the next session only? Meaning that when we look to a certain price bar, its corresponding volume bar is one step to the right? At least it's usually like that...
If so, this means that the very high volume is from the wide down bar before it (not from the squat).

Thanks.
  • #6,991
  • Nov 21, 2010 12:14pm Nov 21, 2010 12:14pm
sorry right

with next bar up = stopping volume

price 1.3720 right now

Quoting tonirai
One question about this chart, Mal:

Isn't this a Future's chart?
So aren't the volumes updated in the next session only? Meaning that when we look to a certain price bar, its corresponding volume bar is one step to the right? At least it's usually like that...
If so, this means that the very high volume is from the wide down bar before it (not from the squat).

Thanks.
Blogging daily now at www.volume.zone
  • #6,992
  • Nov 21, 2010 12:20pm Nov 21, 2010 12:20pm
surprise ? Petar..... this long was easiest one in a while. and guess what showed the long .... background form Wednesday of last week

1.3740 current price think 1.4000 or higher this week
Blogging daily now at www.volume.zone
  • #6,993
  • Nov 21, 2010 1:50pm Nov 21, 2010 1:50pm
All these posts made me excited for Monday If this is a true reversal/continuation of current overall trend, then I might get to see my beloved ~1.45 and there would be a descending trendline and maybe we would get a reversal from there and everybody in the whole world would be happy!

Anyway, just wanted to point out that the whole argument was about nothing. Nobody was negative and yet somehow felt like fighting... about timeframes or volume? I don't know. Weird.
  • #6,994
  • Nov 21, 2010 2:02pm Nov 21, 2010 2:02pm
Quoting comapip
All these posts made me excited for Monday If this is a true reversal/continuation of current overall trend, then I might get to see my beloved ~1.45 and there would be a descending trendline and maybe we would get a reversal from there and everybody in the whole world would be happy!

Anyway, just wanted to point out that the whole argument was about nothing. Nobody was negative and yet somehow felt like fighting... about timeframes or volume? I don't know. Weird.

big shake out in the market .. gold es etc ... this is the pull back that might drive these markets higher to your 1.45
Blogging daily now at www.volume.zone
  • #6,995
  • Nov 21, 2010 2:23pm Nov 21, 2010 2:23pm
Quoting malcolmb14
aww come on Petar...I am not being rude .. just stating facts.

your statements were so ' you cannot do this ' and you cannot do that ' using volume. You were so sure ... but yet everything you said when you apply the core principles of vsa was 100 % wrong.

i was just debating with you ... do not get upset .

vsa can be used on any time frame from weekly to 1 min...
Look friend,

I dont love to see guys,wich use consistanly negative words like lol (like sarcasam) or you are 100% wrong(in trading everyone has same chance),and to be honest i love to speak with good atmosphere..Be more positive withaout sarcasam,everyone can be correct and every opinions you must respect.
Malc you didnt undestand what i wanted to say...Look just my opinion,you can watch frame you want man 1 minute,2h,3h,4h,daily but main thing i said is that for me only good and what make sense is to trade after you see raction for exampe London open (and that is valid for one day,can be valid more that is why we fallow our trades).If you trade daily and wait 3,4,5 days is for me cassino becouse for 4 days one country can disappear....That is just my view and nothing more...I respect all charts opinions but i also want for some guys like Mima to learn forum dicipline about posts and to be more positive becosue we are here to make pips no to talk negative things...

Cheers and
"Buy on fear, sell on greed !!!
  • #6,996
  • Nov 21, 2010 2:26pm Nov 21, 2010 2:26pm
Quoting malcolmb14
big shake out in the market .. gold es etc ... this is the pull back that might drive these markets higher to your 1.45
This is 100 % wrong !!

;
;
;
,
;

You see isnt good when you read post like this...

Cheers
"Buy on fear, sell on greed !!!
  • #6,997
  • Nov 21, 2010 3:18pm Nov 21, 2010 3:18pm
I printed this post out .. stuck to wall . If wed to fridays price action last week does not push eu back to 1.4200 then I buy all drinks when I come to serbia.... if eu does not reach 1.4150 and hits your lower targets then you buy drinks...

is that fair

I think this whole debate started by you saying

' you cannot predict future on past and all that matters is current'

do you think US stock market is bull or bear .. this is a daily chart... 1175 test. I bought calls for 3 months out in a bunch of stuff .... if they produce targets they will yield about 450% with very little risk

Attached Image (click to enlarge)
Click to Enlarge Name: es.jpg Size: 232 KB








Quoting Petar_Serbia
This is 100 % wrong !!

;
;
;
,
;

You see isnt good when you read post like this...

Cheers
Blogging daily now at www.volume.zone
  • #6,998
  • Nov 21, 2010 3:20pm Nov 21, 2010 3:20pm
Quoting malcolmb14
I printed this post out .. stuck to wall . If wed to fridays price action last week does not push eu back to 1.4200 then I buy all drinks when I come to serbia.... if eu does not reach 1.4150 and hits your lower targets then you buy drinks...

is that fair

I think this whole debate started by you saying

' you cannot predict future on past and all that matters is current'

do you think US stock market is bull or bear .. this is a daily chart... 1175 test. I bought calls for 3 months out in a bunch of stuff .... if they produce targets...

ooops .. looks like ireland crashed your party .. sorry mal..

http://www.bbc.co.uk/news/business-11807730

letz see
  • #6,999
  • Nov 21, 2010 3:28pm Nov 21, 2010 3:28pm
Quoting PrymeTyme
ooops .. looks like ireland crashed your party .. sorry mal..

http://www.bbc.co.uk/news/business-11807730

letz see
lol i am in bull party mode since last week Wednesday

large volumes on 2 hour charts on all dips

entry 1.3614 took 100 , long 1.3650 took 30 and now waiting for entry in asia for 1.3820 next 24 hrs

upper value area friday 1.3697 as long as price remains above that I am bull
Blogging daily now at www.volume.zone
  • #7,000
  • Nov 21, 2010 4:06pm Nov 21, 2010 4:06pm
Quoting malcolmb14
lol i am in bull party mode since last week Wednesday

large volumes on 2 hour charts on all dips

entry 1.3614 took 100 , long 1.3650 took 30 and now waiting for entry in asia for 1.3820 next 24 hrs

upper value area friday 1.3697 as long as price remains above that I am bull
Hi Malc,

I can identify 1.3820 area as resistance based on 1hr and 4hr charts, that makes good sense. Can you explain how 1.3697 is relevant as deciding factor for you to be bull vs bear? Is it due to the volume and PA in that area on the 10th and 12th of november last week?

Thanks!
tg
Change is the only constant
17 traders viewing now