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vsa with Malcolm

  • #10,261
  • Jan 20, 2011 4:58am Jan 20, 2011 4:58am
Quoting ChinaWombat
maybe a bit early.... oh well, 1 from 2 so far
Did you short it? I don't trade 5 mins, i find it can be a little noisy sometimes.
  • #10,262
  • Jan 20, 2011 5:01am Jan 20, 2011 5:01am
Upthrust / trap upmove type thing on hourly Eddie, could be interesting
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  • #10,263
  • Jan 20, 2011 5:09am Jan 20, 2011 5:09am
Quoting malcolmb14
nice shake out on es and gu today IMHO
Gu dropped in asia on NO volume ... looks like a mark down to me
My trigger is 1.5970 in us session or before with tp 1.6100 area
Maybe you are right, as almost always, but I think Daily shows some weakness in this week.
  • #10,264
  • Jan 20, 2011 5:26am Jan 20, 2011 5:26am
hi again guys

take a look at my trade. hull was still green, all down moves were on low volumes, and a reverse upthrust was present in the background.

not sure why this is a losing trade. anyone?
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  • #10,265
  • Jan 20, 2011 5:47am Jan 20, 2011 5:47am
Quoting Beljevina
Western infiltrators? Life would be better under communism? How's that workin' out elsewhere?

You're obviously less than 12 years old. I didn't mention anything along the lines of what you're bringing up, nor did anyone ask for your ignorant forecast on what would have been, much less an assessment of whether or not there is "something to celebrate." What you have rambled on about is Serbia's warping of events to justify their actions, as preached daily in Serb media: the fact is Serbia was the aggressor towards other peoples, and countries....
if we were the bad guys ,then why is there so many false witnesses against us in the hague who were paid by western forces,and no serb was found guilty in hague becuase they had no evidence,thats why milosevic was killed becuase there was nothing against him,that crook
when ever we tried to convict someone albanians and sort,all our witnesses died,becuase they got shot ,oyee real justice

ok lets not argue anymore,we re all friends here
and we know what fox and george soros media does to cover events,and to turn an ant into an elephant

more forex,less war,lol
  • #10,266
  • Jan 20, 2011 5:48am Jan 20, 2011 5:48am
Quoting KinsaleForex
Did you short it? I don't trade 5 mins, i find it can be a little noisy sometimes.
Priot to ECN i've never considered the 5mins as a serious time frame but since most ecn brokers can be a pip or less then it is actually a viable trading frame. Now with a eurusd and a gbpusd short, it's now at 3 wins, 1 lose for the evening.
Catching a falling knife, no, I'm just trading the Gartley!
  • #10,267
  • Jan 20, 2011 5:53am Jan 20, 2011 5:53am
Quoting KinsaleForex
Upthrust / trap upmove type thing on hourly Eddie, could be interesting
Well it went short very quickly, didn't get a no demand though, so wasn't in.
  • #10,268
  • Jan 20, 2011 5:55am Jan 20, 2011 5:55am
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could be a rounded top ?
  • #10,269
  • Jan 20, 2011 6:04am Jan 20, 2011 6:04am
Swissy is interesting, uhigh volume up bar in a down trend, just breaking the upper trend line.
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  • #10,270
  • Jan 20, 2011 6:06am Jan 20, 2011 6:06am
Quoting ChinaWombat
Priot to ECN i've never considered the 5mins as a serious time frame but since most ecn brokers can be a pip or less then it is actually a viable trading frame. Now with a eurusd and a gbpusd short, it's now at 3 wins, 1 lose for the evening.
Nice one, glad you got in on EUR, i was waiting but didn't get an entry! Watch the u-high volume that just came in on the hourly charts.
  • #10,271
  • Jan 20, 2011 6:24am Jan 20, 2011 6:24am
Quoting AngelineW
Attachment

could be a rounded top ?
You beat me to it! But the 1h bar has massive volume. Volume is massive on all pairs, but still. Could be stopping volume and forming a base.
  • #10,272
  • Jan 20, 2011 6:27am Jan 20, 2011 6:27am
Quoting comapip
Volume is massive on all pairs, but still.
This is true, Kiwi and EURJPY caught my attention too but decided to stick with Swissy as it looks the most interesting to me!
  • #10,273
  • Jan 20, 2011 6:32am Jan 20, 2011 6:32am
Quoting comapip
You beat me to it! But the 1h bar has massive volume. Volume is massive on all pairs, but still. Could be stopping volume and forming a base.
Yes and the last 1hr stopped well off it's lows on the high volume. Have to keep an eye on that trigger level at the close of that wide range, ultra high volume bar... 3446 on my broker which is coincidentally enough right around the same level as last weeks high. Have to watch how the next few bars form up. Looks like some possible accumulation on the 5 and 15min charts.

Let's see if last weeks high / the 1hr trigger number acts as reistance now or if we break back up through.
Today's zone = Tomorrow's opportunity!
  • #10,274
  • Jan 20, 2011 6:37am Jan 20, 2011 6:37am
Quoting KinsaleForex
Nice one, glad you got in on EUR, i was waiting but didn't get an entry! Watch the u-high volume that just came in on the hourly charts.
i guess it's all relative to the time frame you're watching... I find the 5 mins to be the best learning frame especially with all the kind help from the experienced VSA practitioners...here is how i saw it, i guess i just shorted the wrong eur similar for gbpusd

i expect once you have a few thousand hours screen time on vsa then for sanity's sake you probably switch to longer time frames to allow for more time on the golf course...

if i've stuffed the analysis then please let me know...
Attached Image (click to enlarge)
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Catching a falling knife, no, I'm just trading the Gartley!
  • #10,275
  • Jan 20, 2011 6:41am Jan 20, 2011 6:41am
[quote=dragan53;4329466]if we were the bad guys..quote]


To dragan53 and Beljevina:

Move your political discussion out of thread!!! Use PM, e-mail, phone...Shame on both of you!!!!
The Market pays you to be disciplined
  • #10,276
  • Jan 20, 2011 6:41am Jan 20, 2011 6:41am
Quoting ChinaWombat
i guess it's all relative to the time frame you're watching... I find the 5 mins to be the best learning frame especially with all the kind help from the experienced VSA practitioners...here is how i saw it, i guess i just shorted the wrong eur similar for gbpusd

i expect once you have a few thousand hours screen time on vsa then for sanity's sake you probably switch to longer time frames to allow for more time on the golf course...

if i've stuffed the analysis then please let me know...
i think thats a beautiful trade

anyway the 1hr looks like a shake out
  • #10,277
  • Jan 20, 2011 6:47am Jan 20, 2011 6:47am
Quoting ChinaWombat
i guess it's all relative to the time frame you're watching... I find the 5 mins to be the best learning frame especially with all the kind help from the experienced VSA practitioners...here is how i saw it, i guess i just shorted the wrong eur similar for gbpusd

i expect once you have a few thousand hours screen time on vsa then for sanity's sake you probably switch to longer time frames to allow for more time on the golf course...

if i've stuffed the analysis then please let me know...
You've seen the volume and weakness but your entry technically isn't a No Demand as it's a down bar and No Demand is an up bar. Personally I wouldn't have entered on that because of this fact.

Some of the gurus in the thread will tell you that you can enter on a No Demand down bar but i personally prefer not too. It paid off for you though, so it's all good
  • #10,278
  • Jan 20, 2011 6:47am Jan 20, 2011 6:47am
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VSA makes World Champions.
  • #10,279
  • Jan 20, 2011 6:49am Jan 20, 2011 6:49am
Look like some definate buying on this last 4hr candle... highest volume 4hr bar since back before Christmas... early December actually. Looks like we are still seeing some EUR strength IMHO.
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Today's zone = Tomorrow's opportunity!
  • #10,280
  • Jan 20, 2011 6:53am Jan 20, 2011 6:53am
The first chart(5m EU) shows the no supply I entered on the break of.

Next is the 15m showing confluence of supply, today's POC, and stopping volume. Last week's high was also right there.

I grabbed profit just before yesterday's POC.

Edit:
The first chart also shows possible selling, good thing to be out.
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