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  • #241
  • Dec 16, 2010 7:32am Dec 16, 2010 7:32am
Hv reasons to believe you have. What're your findings? Good? Of value? Or......?

Quoting dragan53
thanks,ive been there before
  • #242
  • Dec 16, 2010 7:55am Dec 16, 2010 7:55am
Quoting CollectPIPS
Hv reasons to believe you have. What're your findings? Good? Of value? Or......?
findings?
i have yet to read tom williams book,because right now im reading jesse livermores book,trading stocks

oye vsa is the best,the only true way of the market i reckon,i only started trading in the first place because i saw that prices are being manipulated by large volume in stocks,

whats ur trading method?is it vsa? u profitable?
  • #243
  • Dec 16, 2010 8:26am Dec 16, 2010 8:26am
Quoting frankkn
Hey guys, haven't been updating much this week it's been very hectic for me.

I thought that I'd have a chance to place some active trades but I only did one which was a loss on cable.

This is shaping up to be a terrible week, getting slaughtered with 0/6 so far.

As has been mentioned everywhere on FF recently (including recently on here by dragan) it is a dangerous time to trade being close to the end of the year.

I still have a bunch of orders including an EU long that is 8 pips below price right now. I think I may sit on the sidelines...

I am waiting for a bit. Last night looked like a disaster waiting to happen.

I use December to update my trading plan and things like that....Oh and get ready for taxes

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #244
  • Dec 16, 2010 8:39am Dec 16, 2010 8:39am
Level from Sept. being tested
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  • #245
  • Dec 16, 2010 8:41am Dec 16, 2010 8:41am
I heard mixed views abt VSA. This thread is abt Seiden's S&D approach. I understand he doesn't use VSA. On the other hand, this VSA thing seems to have been exploited by some parties for commercial gains.

Quoting dragan53
findings?
i have yet to read tom williams book,because right now im reading jesse livermores book,trading stocks

oye vsa is the best,the only true way of the market i reckon,i only started trading in the first place because i saw that prices are being manipulated by large volume in stocks,

whats ur trading method?is it vsa? u profitable?
  • #246
  • Dec 17, 2010 10:20pm Dec 17, 2010 10:20pm
Quoting CollectPIPS
I heard mixed views abt VSA. This thread is abt Seiden's S&D approach. I understand he doesn't use VSA. On the other hand, this VSA thing seems to have been exploited by some parties for commercial gains.
Hey CP

Just wanted to say that my view on VSA is that if you actually learn VSA you will understand each move on the chart. Lots of people go to VSA trying to find a signal spitting system and are unwilling to learn properly. VSA is like a language and it takes time to learn verbs and nouns, then you can learn sentences, phrases, and grammar etc. All of this has to happen before you can listen to a native speaker (not saying I'm fluent in VSA but I can find the bathroom and order a beer)
  • #247
  • Dec 17, 2010 10:22pm Dec 17, 2010 10:22pm
Quoting Rufus
I am waiting for a bit.

Me too.

Ended the week 1/7. Did use the same position size on them all and got 1:3 on my only win, which made this my first unprofitable week so far. I think I may not risk taking any positions next week.

I'd be interested to hear views about next week.
  • #248
  • Dec 17, 2010 10:31pm Dec 17, 2010 10:31pm
Quoting dragan53
findings?
i have yet to read tom williams book,because right now im reading jesse livermores book,trading stocks
Hey dragan MTM by Tom W is my favorite trading book, it takes a couple of reads. I also love Jesse's book too.

Quote
whats ur trading method?

1) Identify trend on 4h
2) Use 15m/5m to find entries with trend

(in the case of an uptrend)

a) Buy at demand/support
b) Entries are based on the following sequence:

i) Buying comes in as price heads to support/demand
ii) Wait for shake out to be confirmed
iii) Enter long during/after a successful test of supply

Quote
u profitable?

Very
  • #249
  • Dec 18, 2010 2:30am Dec 18, 2010 2:30am
cool looking forward to learn more,ive been learning from gary fullet whos a chicago trader,hes a wyckoff experts,he says to me that wyckoff and vsa are different,anyway i joined his chat room and im watching his webinars,i reckon thats very similar to reading a book,

this is what ive set up
i only choose to trade eurusd,because i dont see a point of getting into other pairs since they are all affected by eurusd

Inserted Video
  • #250
  • Dec 19, 2010 1:22pm Dec 19, 2010 1:22pm
Ok so next week we shouldn't trade right...
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  • #251
  • Dec 19, 2010 1:40pm Dec 19, 2010 1:40pm
Here's the dollar.
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  • #252
  • Dec 19, 2010 1:44pm Dec 19, 2010 1:44pm
Quoting dragan53
,i reckon thats very similar to reading a book,
I'm tellin you man just read MTM.

Here are some vids from TW himself, and his dudes.

I'd recommend the second video, TW lays down the few key VSA ideas and that's all I needed to profitably trade with volume and price. It's different for everybody.
  • #253
  • Dec 19, 2010 7:37pm Dec 19, 2010 7:37pm
great video,i think i learned more in those 15m than in the whole wyckoff rediscovered seminar 20h with gavin

do u think i should read remenisense of a stock operator or mtm first?.right now im finishing how to trade in stocks jesse livermore also
  • #254
  • Dec 19, 2010 7:58pm Dec 19, 2010 7:58pm
i set an order to sell gbp usd at 1.5650

http://www.aspentrading.com/uploaded.../8686gbp60.jpg

i sold eurchf
http://twitpic.com/3gfse1
  • #255
  • Dec 19, 2010 9:48pm Dec 19, 2010 9:48pm
Quoting dragan53
i should read remenisense of a stock operator or mtm first?
Definitely MTM. Although those 15 minutes you mentioned are really all you need.

Simple is good. When you combine VSA with these levels you can get a pretty high win rate.
  • #256
  • Dec 19, 2010 9:50pm Dec 19, 2010 9:50pm
very true,abit from me and a bit from todd,and there i have profits,

what trades ru in?
  • #257
  • Dec 19, 2010 10:00pm Dec 19, 2010 10:00pm
Quoting dragan53
very true,abit from me and a bit from todd,and there i have profits,

what trades ru in?
No trades for now dude. I'm thinking about not taking any positions until the new year, but I do have one order in the euro demand area I think.
  • #258
  • Dec 19, 2010 10:08pm Dec 19, 2010 10:08pm
i just got out of all my trades since i found out that all his forecasts had already happened,the chart was 3 days old,but still i bagged 8 pips ,not much,but better than standing in the aftermath of his predictions
  • #259
  • Dec 19, 2010 10:14pm Dec 19, 2010 10:14pm
Quoting dragan53
i just got out of all my trades since i found out that all his forecasts had already happened,the chart was 3 days old,but still i bagged 8 pips ,not much,but better than standing in the aftermath of his predictions
I like to isolate myself from the opinions of others regarding the direction of a move while I'm in a position. My whole style these days involves separating myself during that time period anyway, and I've been really happy with the consistency.

Do you make trading decisions based off of what is being posted by people online?
  • #260
  • Dec 19, 2010 10:21pm Dec 19, 2010 10:21pm
Quoting frankkn
I like to isolate myself from the opinions of others regarding the direction of a move while I'm in a position. My whole style these days involves separating myself during that time period anyway, and I've been really happy with the consistency.

Do you make trading decisions based off of what is being posted by people online?
lol hell no,only from todd because hes a legendary trader and he works as a technical analyst for many firms,im moving from indis to fibos now,they seem to work better than other indis,my plan is to be vsa wyckoff -fibos-and il try gann,but thatll be hard-elliot wave if i can work it out,

do u use fibos?
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