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vsa with Malcolm

  • #8,141
  • Dec 22, 2010 6:11pm Dec 22, 2010 6:11pm
Quoting HiddenGap
I am trying to move to a trailing stop based on the Chaos Price Attractor Line (Balance Line). It is a stop on close above/below the line for short or longs respectively. The bar marked exit would be that place here.
Implementing anything by my former mentor Bill Williams is a great idea. Ive used the balance line as a stop before and can tell you it will keep you in the market when you need to be.

Also adding to the posts about learning VSA; Todd Krueger has some great information for traders to learn from.
  • #8,142
  • Dec 22, 2010 11:34pm Dec 22, 2010 11:34pm
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
Quoting jaboo
I think SM started distributing around bar A.

A - Ulta high volume. Indication that supply is hitting the market.
B - High volume, closing off the highs, more selling.
C - No demand going up in to bar B area.
D - Decent volume, NARROW spread. Herd is buying while SM is selling.
..........
Distribution completed.

I think .5347 might be the next stop.

Also take a look at the weekly chart. Weakness definitely there.
weeeeeeeeeeeeeeee!
  • #8,143
  • Dec 23, 2010 12:46am Dec 23, 2010 12:46am
Quoting HiddenGap
Okay...
Quoting malcolmb14
One issue...
Quoting Intel
There is just so much...
i think they are vsa's 'Magnificent Three'
Dr. Geppy is 'The Dr.'
  • #8,144
  • Edited 2:35am Dec 23, 2010 1:51am | Edited 2:35am
What would you think about VSA in FX markets using Price Range bars (13 pips in my case)?

http://img802.imageshack.us/img802/6...01223eur13.png
  • #8,145
  • Dec 23, 2010 3:15am Dec 23, 2010 3:15am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
had my TP set at .5369. Closed it out roughly 10 pips before that. Got filled at .5424 and closed for +44.

happy trading all.
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  • #8,146
  • Dec 23, 2010 3:21am Dec 23, 2010 3:21am
Quoting Sdvsa
What would you think about VSA in FX markets using Price Range bars (13 pips in my case)?

http://img802.imageshack.us/img802/6...01223eur13.png
Nice chart, so which part of it is showing the Milk-way galaxy? kidding!

Anyway, your range bar don't like 13 pip-ish to me if u look closely-some bars do appear longer then others & VSA requires the spread of bar (very important), else it would be call FSA instead (fix spread analysis?)

peace
  • #8,147
  • Dec 23, 2010 3:33am Dec 23, 2010 3:33am
Quoting jaboo
had my TP set at .5369. Closed it out roughly 10 pips before that. Got filled at .5424 and closed for +44.

happy trading all.

Nice Jaboo,

Just b4 point C in your chart there was a 2bar reversal trap-up-move-like price action, I think that one is rather important too. "Reversal after effort but fall". Point B is the precursor. Am i right?

Peace
  • #8,148
  • Dec 23, 2010 4:26am Dec 23, 2010 4:26am
This is how good we are

http://www.economist.com/blogs/thewo...fferences_2011
  • #8,149
  • Dec 23, 2010 4:50am Dec 23, 2010 4:50am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
Quoting kave
Nice Jaboo,

Just b4 point C in your chart there was a 2bar reversal trap-up-move-like price action, I think that one is rather important too. "Reversal after effort but fall". Point B is the precursor. Am i right?

Peace
I see what youre saying. For me, i would have liked the up bar to be on higher volume only for the next bar to be down. Effort vs result.

Approaching the previous supply area on low demand and seeing what else unfolded was enough for my entry
  • #8,150
  • Dec 23, 2010 7:57am Dec 23, 2010 7:57am
this is gold
im on my 23rd mtm page,and im already spotting signals live
heheh,feels good,
000

plus up volume,which i didnt spot
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  • #8,151
  • Dec 23, 2010 9:20am Dec 23, 2010 9:20am
home sales ...

I love it when the news says ' new home sales up 5.5% in Novemebr showing bottom of weak market'

I thought housing crisis was 2008 / 2009 and still on going

Since august new homes sales have barely had a pulse and much lower than any level in the prior 2 years.

Housing in us still has a beating to take 25 to 40 % drop in price coming

ES I am really watching closley in the new year ... nice how they took it into weekly resistance on a massive bear vol divergence. All that is driving that is fed pomo. The feds should step aside and let the market act normally.

Anyway have a great holiday and a happy new year everyone , back on jan 5th
Blogging daily now at www.volume.zone
  • #8,152
  • Dec 23, 2010 10:44am Dec 23, 2010 10:44am
LOL @ EUR/USD. That's some holiday cheer right there!

I Won't be trading until after the new year so I wanted to wish you all a great time and green pips! Happy holidays!
  • #8,153
  • Edited 2:23pm Dec 23, 2010 12:53pm | Edited 2:23pm
Quoting kave
Nice chart, so which part of it is showing the Milk-way galaxy? kidding!

Anyway, your range bar don't like 13 pip-ish to me if u look closely-some bars do appear longer then others & VSA requires the spread of bar (very important), else it would be call FSA instead (fix spread analysis?)

peace
Yes, the chart is definitely a mess (as to the direction of the galaxy, it may all be painted well past an Event horizon) :-)

Range bar in MT4 is based on M1 bar so any price action within this bar will be reflected in the range bar too.

The point about "FSA" is very good: the question however is whether price action and volume are lost within price range bar or are rather aggregated within it. In the second instance, reading of PR bars would be how much effort was needed for a price to move by a given number of pips? Strong trend would imply low number of ticks within given PR bar -- move is effortless or frictionless. Accumulation or distribution would accompany huge volume within given PR bar.

Price range bars would in this instance seem to offer alternate reading of volume vs. time (effort). Or to put it in another words: instead of time being a constant and the price being a variable, price would assume fuction of the constant and time would become the variable.

A lazy way (it comes to my mind that it is quite convenient for a day trader to have an alert whenever price travels certain range/new bar comes)?

http://img194.imageshack.us/img194/4...1223eur132.png
  • #8,154
  • Dec 23, 2010 1:40pm Dec 23, 2010 1:40pm
Wishing you all Merry Christmas! See you on Wednesday.
  • #8,155
  • Dec 23, 2010 4:47pm Dec 23, 2010 4:47pm
Hi all,

i've been spending the last couple of months reading the other vsa forum and last week I found out this new one, which i started from the first page.
I want to say a biiiig thanks to all of you for your teaching patience!!!!
Before discovering VSA i had tried a lot (A REAL LOT) of "golden key" systems and the "effort vs results" was...."ok, let's give forex up".
After reading your teachings (Malcom, HiddenGap, Intel.....) i had my first positive trades!!!!!
I'm not too good yet, but at least my "effort vs results" is now "i can't give it up".

thanks all and best wishes for the new year!!!
  • #8,156
  • Dec 24, 2010 5:04am Dec 24, 2010 5:04am
Merry Christmas eveyone
Seek not to change the world; seek only to change your mind about the world
  • #8,157
  • Dec 24, 2010 5:30am Dec 24, 2010 5:30am
a Merry Christmas and a 2011 where all your dreams come true!

WBR
dreams do come true.
  • #8,158
  • Dec 24, 2010 5:50am Dec 24, 2010 5:50am
Beware of rudolf! Lol!
Attached Image
dreams do come true.
  • #8,159
  • Dec 24, 2010 9:01am Dec 24, 2010 9:01am
Merry Christmas everyone
  • #8,160
  • Dec 24, 2010 9:15am Dec 24, 2010 9:15am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
Quoting Intel
Merry Christmas everyone
JESUS CHRIST! its Christmas. happy heathens everyone.
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