vsa with Malcolm

Quoting Dr.Geppynius

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simple without much vsa.
dangerous territory. yesterdays close rejected from frankfurt (yellow dotted line). yesterdays low (green dotted line) and 10m 20sma (yellow)rejected from london.

now price goes up to retest the lows on nd.

if a good buy setup comes- no clue and i wont anticipate. currently no signs for a trade.

http://img407.imageshack.us/img407/8...101061004h.png

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Quoting Dr.Geppynius

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not afaik-

but i see a f*ck you horizontal line setup on your chart almost colouring it entirely yellow

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Quoting 1pipperhour

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Absolutely. I agree. But mtm doesn't talk about some "hidden". It tells us exactly that what you said, that they show us weakness. But they are not hidden, we can see them.

If hidden is hidden then why can we see it if it is so hidden

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Quoting juhanimi

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Here is difference with hidden and normal UT.

http://www.tradeguider.com/customer/...on1_email.aspx

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Quoting Dr.Geppynius

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eur is a short here targeting to break the lower line of the downchannel. will it move or fail? i sitll accept your bets

here we have our hidden uts

http://img444.imageshack.us/img444/6...101061050h.png

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Quoting Beljevina

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Good & frenzied shakeout in the 15 min before FTSE open - does this fairly frequently. USDJPY did next to nothin' in the meantime. We've bounced fairly well off the UTL of Dec 1. Trying a long from 1.31080, fairly tight SL if she touches towards there.

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Quoting 1pipperhour

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This thread moves so fast these days. So much to read.

Why I asked this is because I didn't see the term hidden up-thrust in mtm. This thread (or was it shamus's thread) is the first place I read about it. And I don't agree with you, however you are true VSA master , that "hidden UT" is a down bar and you can read about it in mtm. That's because VSA doesn't care about the open of the bar, so it doesn't know whether it is an up or down bar.

I don't know where this "hidden" comes from. Maybe from TG guys? Or someone just made it up. Or...

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Quoting juhanimi

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Here is difference with hidden and normal UT.

http://www.tradeguider.com/customer/...on1_email.aspx

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Quoting juhanimi

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There is one very important rule and Tom is repeating that in almost every video: Market does not like high volume up bars.
Only when pushing trough supply, it is okey.

Reminder.

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Quoting Mtm

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Quoting Intel

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I have been trading this type of setup for quite some time and I have found that if the SO/UT is broken, the trade will fail. Very often tho, price will come back and test the SO/UT but WILL NOT break it. And price will then go in my favour. So I draw my 'line in the sand' at those levels +- 2 pips for leaway.

TP is a matter of preference. I will never pass on one of these setups, I will take ALL the ones I see. But this throws up a problem. A lot of the time, I am trading against the major trend so, price will not go my way for long sometimes....

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Hi Intel, when you use this strategy, have you ever experience it doesn't work under certain circumstances, e.g. during a cup/mushroom formation. IF you had experience that before, can you share on how do you overcome that?

After you entered a trade, how do you set your TP?
At the next nearest SR level?
or by doing Bar-by-bar analysis?
or u re-place your SL to the next highest low-swing?
or others ways?

Quoting Intel

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Checkout this UT. It is a reasonably good UT but, it is in completely the wrong place. See how quickly the UT high is broken. It was broken before the setup was compete so we should not have lost a money on it.

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1) Was it not complete because there was no downbar confirmation on weakness after the UT ?
2) the 2nd bar after this UT looked ND-ish to me as the body is in the middle.. In cases where there had been no weakness confirmation after the UT, but a ND comes right after that UT, you would not enter right?
3) Here: http://www.forexfactory.com/showpost...postcount=8208
you mentioned the UT confirmation would appear not more than 2 bars later, is that right? but what about the ND- it should appear within how many bars after the UT or after confirmation of weakness?
4) should the top wick of the ND should be touching the same level as the UT or the confirmation bar?

sorry too many questions, pls give your advise on the above where-ever you can, thanks!

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