vsa with Malcolm | Page 386 | 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

  • #7,701
  • Dec 6, 2010 5:41am Dec 6, 2010 5:41am
Just one question : is everyone who is trying to use "volume" in forex aware that there are no volumes when forex symbols are concerned (those are ticks, not volumes) and that it is a simple case of market hours periodicity when ticks are concerned?

Attached Image (click to enlarge)
Click to Enlarge Name: volumes.gif Size: 32 KB

  • #7,702
  • Dec 6, 2010 7:00am Dec 6, 2010 7:00am
Quoting seekers
Just one question : is everyone who is trying to use "volume" in forex aware that there are no volumes when forex symbols are concerned (those are ticks, not volumes) and that it is a simple case of market hours periodicity when ticks are concerned?

Attachment

Just to clarify ticks are activity and volume and activity is closely linked
  • #7,703
  • Dec 6, 2010 7:21am Dec 6, 2010 7:21am
Is it?
One billion $ and 1 $ are the same (one tick both) ?

Quoting pete148
Just to clarify ticks are activity and volume and activity is closely linked
  • #7,704
  • Dec 6, 2010 7:33am Dec 6, 2010 7:33am
could you share the indicator for the resistor zone, i think TG calls it's "area of resistance zone" or something like that...

Quoting lascavel
TG diamonds is actually SMA. Attache is the indicator if you still wants it.

FYI for comparison:

Attachment

Cheers!
  • #7,705
  • Dec 6, 2010 7:42am Dec 6, 2010 7:42am
Quoting seekers
Just one question : is everyone who is trying to use "volume" in forex aware that there are no volumes when forex symbols are concerned (those are ticks, not volumes) and that it is a simple case of market hours periodicity when ticks are concerned?

Attachment

YAWN
Seek not to change the world; seek only to change your mind about the world
  • #7,706
  • Dec 6, 2010 8:57am Dec 6, 2010 8:57am
Quoting seekers
Just one question : is everyone who is trying to use "volume" in forex aware that there are no volumes when forex symbols are concerned (those are ticks, not volumes) and that it is a simple case of market hours periodicity when ticks are concerned?

Attachment

lol
  • #7,707
  • Dec 6, 2010 9:37am Dec 6, 2010 9:37am
Quoting gez40
YAWN
Quoting Sonofsin5
lol
Amazing
The amount of knowledge in statements like these is astonishing - keep up the amazing work guys, without you it would surely be a dreary and dull world
  • #7,708
  • Dec 6, 2010 9:54am Dec 6, 2010 9:54am
Quoting seekers
Amazing
The amount of knowledge in statements like these is astonishing - keep up the amazing work guys, without you it would surely be a dreary and dull world
Almost the same amount as I have learned in your 5 posts. Stirring the pot in a thread immediately is not the best way to attract traders for help or question answers.
  • #7,709
  • Dec 6, 2010 10:04am Dec 6, 2010 10:04am
Quoting seekers
Is it?
One billion $ and 1 $ are the same (one tick both) ?
could settle this vsa using forex spot volume versus however you trade ? me and you one on one ...wanna do it or not ? then we can see if volume on fx work or not

Right now you do not know wtf you are talking about and you are talking out of your arse. This thread say VSA with Malcolm .... for those that are interested and open to the idea. Not welcome all muppets to say this does not work. I know Hedge fund managers that use spot fx volumes everyday. I am not going to waste my time explaining to you why tick volume works as your mind is already closed to it ...but if you can explain why these 2 HIGH VOLUME down bars marked the low of range and sent market sideways I will be all ears

skype conversation with a buddy on 2nd high vol

eu vwap 3291
[5:43:14 AM] malcolm : possible buying here
Attached Image (click to enlarge)
Click to Enlarge Name: chart3146.gif81.png Size: 177 KB
Blogging daily now at www.volume.zone
  • #7,710
  • Dec 6, 2010 10:06am Dec 6, 2010 10:06am
Quoting seekers
Amazing
The amount of knowledge in statements like these is astonishing - keep up the amazing work guys, without you it would surely be a dreary and dull world
We've had this discussion a million times, and we've proved the that theory wrong every time. I would suggest you to just drop that discussion.

plus what a boring day trading gu.
  • #7,711
  • Dec 6, 2010 10:32am Dec 6, 2010 10:32am
I watched a TG video before and I heard Gavin mentioned that even though he would see a setup, he would not trade those unless he sees a trend change via diamonds.

I think I also saw Malc wrote on this thread that he waits for the hull confirmation.

I this the general rule or are there any high probability vsa setups one could trade before any trend change confirmation ?
  • #7,712
  • Dec 6, 2010 11:45am Dec 6, 2010 11:45am
Quoting Stackhouse
I watched a TG video before and I heard Gavin mentioned that even though he would see a setup, he would not trade those unless he sees a trend change via diamonds.

I think I also saw Malc wrote on this thread that he waits for the hull confirmation.

I this the general rule or are there any high probability vsa setups one could trade before any trend change confirmation ?
if you see stopping volume on a chart then always best to wait for a low vol test to confirm the strength. This could happen several hours afterwards
Blogging daily now at www.volume.zone
  • #7,713
  • Dec 6, 2010 11:47am Dec 6, 2010 11:47am
Quoting Stackhouse
I watched a TG video before and I heard Gavin mentioned that even though he would see a setup, he would not trade those unless he sees a trend change via diamonds.

I think I also saw Malc wrote on this thread that he waits for the hull confirmation.

I this the general rule or are there any high probability vsa setups one could trade before any trend change confirmation ?
Trading with the trend will provide high probability trades. Whether you use a moving average or your eyes to determine the trend is up to you. In the end it is YOUR decision to make about YOUR trades. Everyone has a level of risk they are comfortable with. Gavin, as I understand, is quite conservative and takes trades when there are clear signs of strength/weakness, the trend is in place and gets a signal to trade with the trend. Others see just one sign of strength/weakness and instantly enter a trade and they're fine with making more small losses but getting larger rewards.
  • #7,714
  • Dec 6, 2010 12:16pm Dec 6, 2010 12:16pm
I am very happy to be here, give me the information in this chart is to buy within the next few hours target 1.3360. VSA is a good indicator, I will benefit from this
Attached Image
  • #7,715
  • Dec 6, 2010 12:23pm Dec 6, 2010 12:23pm
Quoting boycelu
I am very happy to be here, give me the information in this chart is to buy within the next few hours target 1.3360. VSA is a good indicator, I will benefit from this
looks liek accumualtion BUT do not trust it

the bigger picture is that the up move on nfp friday got hit hard with supply. 1.3350 is key

weekly r at 1,3330. I am looking for sells off this level in next 12hours If a vlid vsa set up oresents itself
Blogging daily now at www.volume.zone
  • #7,716
  • Dec 6, 2010 12:33pm Dec 6, 2010 12:33pm
Quoting malcolmb14
looks liek accumualtion BUT do not trust it

the bigger picture is that the up move on nfp friday got hit hard with supply. 1.3350 is key

weekly r at 1,3330. I am looking for sells off this level in next 12hours If a vlid vsa set up oresents itself
I'm flat now but this is December, year end closing of books. So, shouldn't we have at least one or two good more weeks of a move? I'm just not sure right now where it will be.
  • #7,717
  • Dec 6, 2010 12:34pm Dec 6, 2010 12:34pm
Quoting malcolmb14
looks liek accumualtion BUT do not trust it

the bigger picture is that the up move on nfp friday got hit hard with supply. 1.3350 is key

weekly r at 1,3330. I am looking for sells off this level in next 12hours If a vlid vsa set up oresents itself
Thank you, my mentor. I will pay attention to these to these.
  • #7,718
  • Dec 6, 2010 1:43pm Dec 6, 2010 1:43pm
Yup for sure volume works for shit... do not try and understand it.

Quoting malcolmb14
could settle this vsa using forex spot volume versus however you trade ? me and you one on one ...wanna do it or not ? then we can see if volume on fx work or not

Right now you do not know wtf you are talking about and you are talking out of your arse. This thread say VSA with Malcolm .... for those that are interested and open to the idea. Not welcome all muppets to say this does not work. I know Hedge fund managers that use spot fx volumes everyday. I am not going to waste my time explaining to you why tick volume works as your mind is already...
Blogging daily now at www.volume.zone
  • #7,719
  • Dec 6, 2010 9:39pm Dec 6, 2010 9:39pm
My 30th VSA Trade (Live).

Executed Order.
EUR/JPY - Short
Date: 3-Dec-10
Time: Alpari 3:15
Entry: 110.50
Initial SL: 110.90 (-40 pips)
Initial TP: 110.10 (+40 pips)

Reasons:
Note the Red vertical line, the bar after this line is my signal bar.
Continue from VSA #28 & #29.
Background Weakness.
Below Trendline.
Test Up bar bounced off Hull.
Went Short on Test Up bar.
Hull Red on M15 & H1.

Attached:
M15
Entry (small Yellow horizontal line),
Initial SL (small Red horizontal line),
Initial 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: 110.90 ( -40 pips).

** Please comment on analysis.

Trade Management:
- Enter in early Asian session.
- End up going flat, then hit SL.
- Today NFP.
- Before NFP, prices moved up slowly, then NFP news spike down price to previous Support.

Please comment on how to improve this trade ??

Thanks,
FB.


Attached Image (click to enlarge)
Click to Enlarge Name: 2010-12-03_VSA_Exit30_EURJPY_M15_Short.png Size: 100 KB
  • #7,720
  • Dec 6, 2010 10:28pm Dec 6, 2010 10:28pm
Quoting foxybunny
My 30th VSA Trade (Live).

Executed Order.
EUR/JPY - Short
Date: 3-Dec-10
Time: Alpari 3:15
Entry: 110.50
Initial SL: 110.90 (-40 pips)
Initial TP: 110.10 (+40 pips)

Reasons:
Note the Red vertical line, the bar after this line is my signal bar.
Continue from VSA #28 & #29.
Background Weakness.
Below Trendline.
Test Up bar bounced off Hull.
Went Short on Test Up bar.
Hull Red on M15 & H1.

Attached:
M15
Entry (small Yellow horizontal line),
Initial SL (small Red horizontal line),
Initial TP (small Green horizontal line).

I will inform of exit...
Hi foxy, just a quick question. What are your tests testing?

Just as the name implies, a test must be "testing something". In VSA, we are looking for tests of previous areas of high volume to see if sellers/buyers show their hand. We certainly aren't looking for tests of the hull MA.

In terms of your trade, I would have been extremely worried with 2 consecutive no selling pressure bars after your signal bar (volume decreased on each bar). Then you get an up bar with an increase in volume. This is bullish. If I had of taken that trade (which I wouldn't), I would have become extremely worried when the next two down bars completely dried up on volume. The next up bar would have made me cut the trade early (before stop was hit).
183 traders viewing now