EURUSD | Page 19190 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #383,781
  • Feb 10, 2011 7:29am Feb 10, 2011 7:29am
Quoting ukdaytrader
Why do you persist with this kind of shit? It gets tedious tbh. You're not teaching anyone anything here, merely goading some of the more experienced traders.
I don't get it, I really don't.

You guys keep defending it, but none of you guys know the calcs behind your Indy. Post them here and you will very quickly see that it is not volume but a poor estimate of liquidity using OHLC and set range estimates based on abs vals of bars.
  • #383,782
  • Feb 10, 2011 7:31am Feb 10, 2011 7:31am
Quoting cloggie
Wrong. You cannot see volume. But as you are the biggest fan of VSA on this forum. Could you give the exact calculations behind your Indy for all of us to see here, and I will show you mathematically why it is not volume but an estimate of liquidity.

Come on you have 18,000 posts, mostly about your VSA indy. Show us the money, what are the calculations and filters behind it. Let's dissect this one.
he showed the money he was the one who on sunday night was speaking about euro reaching 1.37 calculations made by vsa.
Im still new here but it seems you have a really big problem with attention deficit to come here and look for fights posting Bull$hit which doesnt serve a dime.Anyone can boast crap follow the muney or the fact after it happened.
  • #383,783
  • Feb 10, 2011 7:33am Feb 10, 2011 7:33am
Wow, what happened over night? Looks like the big V once again managed to sell a bottom (Swissy).

I'm pretty sure I am the most accurate contrarian indicator there is. lol

You know, just out of pure statistics, I am bound to get this right one of these nights.
  • #383,784
  • Feb 10, 2011 7:33am Feb 10, 2011 7:33am
funny to watch
  • #383,785
  • Feb 10, 2011 7:34am Feb 10, 2011 7:34am
Today I started with one of my first topic is: Only trenline

http://www.forexfactory.com/showthre...=1#post4387651


I will post full results on this topic trendline.
  • #383,786
  • Feb 10, 2011 7:34am Feb 10, 2011 7:34am
Quoting cloggie
You guys keep defending it, but none of you guys know the calcs behind your Indy. Post them here and you will very quickly see that it is not volume but a poor estimate of liquidity using OHLC and set range estimates based on abs vals of bars.
Hi cloggie,
I'm reading your discussion.
Here is the code from the mt4 official website. (click download)

http://codebase.mql4.com/6587
  • #383,787
  • Feb 10, 2011 7:34am Feb 10, 2011 7:34am
lol .. you no speak english ? vsa is NOT an indy.....

as for volumes they are tick volumes in spot and true volumes in futures.

think it is by accident that we dropped form 1.3720 ? noted the ultra high volume up bars on a 15 min chart here .. pros sell strength and buy weakness

stop being ignorant ....unlike you . You do not believe in vsa that is great...i do and so does several large hedge funds that use it.

The fact I make 600 to 800 pip a month says it works

anyway done with this argument .... vsa is not an indy , nor is there a calculation as there is on rsi macd etc. it is a way of understanding bar spreads and volumes associated with them

Attached Image (click to enlarge)
Click to Enlarge Name: eu99.png Size: 167 KB








Quoting cloggie
Wrong. You cannot see volume. But as you are the biggest fan of VSA on this forum. Could you give the exact calculations behind your Indy for all of us to see here, and I will show you mathematically why it is not volume but an estimate of liquidity.

Come on you have 18,000 posts, mostly about your VSA indy. Show us the money, what are the calculations and filters behind it. Let's dissect this one.
Blogging daily now at www.volume.zone
  • #383,788
  • Feb 10, 2011 7:34am Feb 10, 2011 7:34am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Head & Shoulders verified at break of 1.3470 if you want to go by the book. If that breaks, we are looking for a test of monthly ascending TL @ 1.3100.
  • #383,789
  • Feb 10, 2011 7:35am Feb 10, 2011 7:35am
Quoting malcolmb14
lol .. you no speak english ? vsa is NOT an indy.....

as for volumes they are tick volumes in spot and true volumes in futures.

think it is by accident that we dropped form 1.3720 ? noted the ultra high volume up bars on a 15 min chart here .. pros sell strength and buy weakness

stop being ignorant ....unlike you . You do not believe in vsa that is great...i do and so does several large hedge funds that use it.

The fact I make 600 to 800 pip a month says it works

anyway done with this argument .... vsa is not an indy , nor is there a calculation...
You keep going on about volume, it is not. Why don't you post the code here and we can all see that it has nothing to do with volume.

If you are so convinced that it represent volume, then proof it. Just screaming that it is does not make it true and just makes you look ignorant.

Show us the code.

Believing in something as much as you do, does not make it true, let's look at it in detail then and you will quickly see that it has nothing to do with volume at all.
  • #383,790
  • Feb 10, 2011 7:36am Feb 10, 2011 7:36am
Quoting PipChick
news in 2 min
Yea closed my trade and opened short, this news are too good for usd.
?T-PX // LQ-HNT "01101110 01100101 01111010 01101001 01101101"
  • #383,791
  • Feb 10, 2011 7:37am Feb 10, 2011 7:37am
tick volumes in spot

amount of ticks= price changes in a defined period.


Quoting cloggie
You keep going on about volume, it is not. Why don't you post the code here and we can all see that it has nothing to do with volume.
  • #383,792
  • Feb 10, 2011 7:37am Feb 10, 2011 7:37am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting malcolmb14
lol .. you no speak english ? vsa is NOT an indy.....

as for volumes they are tick volumes in spot and true volumes in futures.

think it is by accident that we dropped form 1.3720 ? noted the ultra high volume up bars on a 15 min chart here .. pros sell strength and buy weakness

stop being ignorant ....unlike you . You do not believe in vsa that is great...i do and so does several large hedge funds that use it.

The fact I make 600 to 800 pip a month says it works

anyway done with this argument .... vsa is not an indy , nor is there...
I think it is pretty clear considering it is Volume Spread Analysis.

Cloggie has some good insight from time to time, but I have to disagree with him here. He is wrong at times just like everyone else.

Hopefully the poor saps didn't listen to him when he was calling for long entries at 1.3640 J/P Cloggie.
  • #383,793
  • Feb 10, 2011 7:38am Feb 10, 2011 7:38am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting cloggie
You keep going on about volume, it is not. Why don't you post the code here and we can all see that it has nothing to do with volume.

If you are so convinced that it represent volume, then proof it. Just screaming that it is does not make it true and just makes you look ignorant.

Show us the code.
It's an analysis cloggie. Just like you analyze Price Action, you take many different variables into consideration, and that is what you know as "Price Action".

Same goes for his analysis of volume. It's not a button you press.
  • #383,794
  • Feb 10, 2011 7:38am Feb 10, 2011 7:38am
futures IS volume ....true volume not spot ... sellers arrived here .. poc just above 1.3700. That was sell line in london .

Attached Image (click to enlarge)
Click to Enlarge Name: eu101.png Size: 139 KB






Quoting malcolmb14
lol .. you no speak english ? vsa is NOT an indy.....

as for volumes they are tick volumes in spot and true volumes in futures.

think it is by accident that we dropped form 1.3720 ? noted the ultra high volume up bars on a 15 min chart here .. pros sell strength and buy weakness

stop being ignorant ....unlike you . You do not believe in vsa that is great...i do and so does several large hedge funds that use it.

The fact I make 600 to 800 pip a month says it works

anyway done with this argument .... vsa is not an indy , nor is there a calculation...
Blogging daily now at www.volume.zone
  • #383,795
  • Feb 10, 2011 7:39am Feb 10, 2011 7:39am
Quoting cloggie
Wrong. You cannot see volume. But as you are the biggest fan of VSA on this forum. Could you give the exact calculations behind your Indy for all of us to see here, and I will show you mathematically why it is not volume but an estimate of liquidity.

Come on you have 18,000 posts, mostly about your VSA indy. Show us the money, what are the calculations and filters behind it. Let's dissect this one.
You mean give the exact calculations, as in the exact calculations you developed in your personal system, which you outright refused to give?

I understand where you are coming from, but you are being grossly manipulative and demeaning towards others and anything you do not seem to endorse. Dissect this one? Calculations? Filters? Come on, get real, and, drop the accusatory drama.

There is no science or assurances in fx, and we all know that. If something works 80%+ of the time, wow, what an advantage. Couple it with other provens in fx, and one gets more successes than losses. VSA is a toolchest tool, that works damn well. Arguing if it's more or less better or a science than _________ (fill in the blank) isn't really leading anyone anywhere.
  • #383,796
  • Feb 10, 2011 7:39am Feb 10, 2011 7:39am
venice, you have to start focusing on s/r. whatever you use for that it doesn't matter. the price bounces off these points like a ping-pong. once you identify these points it's pretty easy. I use Linear Regression Channels and i like them a lot because they have a lot of things built in. Some rules about them:
- do not expect a channel to be broken
- do not expect a full reverse at the channel edge
- you can assume a retrace there.

I use a higher value channel for the overall move, and a lower value one describing how that move happens. There is a lot to talk about them, but he main point is. identify your s/r and don't trade against them. trade the bounce or the break out.

Quoting Venice
Wow, what happened over night? Looks like the big V once again managed to sell a bottom (Swissy).

I'm pretty sure I am the most accurate contrarian indicator there is. lol

You know, just out of pure statistics, I am bound to get this right one of these nights.
  • #383,797
  • Feb 10, 2011 7:39am Feb 10, 2011 7:39am
Quoting Dr.Geppynius
tick volumes in spot

amount of ticks= price changes in a defined period.

That is not volume though, that is just PA, price changes. It shows no indication of what volume is behind it.

Come on DR G, this is not personal, show us how it is calculated. I pretty much guarantee you it uses estimated ranges and ticks added to OHLC, that is just PA and has nothing to do with volume.
  • #383,798
  • Feb 10, 2011 7:39am Feb 10, 2011 7:39am
Quoting apt
I'm still learning, but you seem to have a much better grasp on the mathematical approach of it than I do

btw, exited long at BE, short now, looking for my initial short target of 1.3605. Let's see if it hits.
That was my TP level happy days...

However, Im not trying to be a dick but interesting and important shit is comming out here now, 95% is normally crap...

ATTENTION ROOKIES
Its not hard to understand the mathematics but it is extremely important before you start trading that you understand certain aspects.

The spread:
Since you are buying & selling its twice as much gone in the spread...

So with a 10 pip TP level and a 1 pip spread = 70% winners are needed with a 1:1 risk reward system to go break even...

52% winners is needed with a 100 pip TP to get to break even...

I reckon most traders in here has around 20-30 as a TP level...
that would give us:
20 pips as TP level and you would need a 60% system to BE
30 pips as TP level and you would need a 56 % system to BE
50 pips as TP level and you would need a 54% system to BE
70 pips as TP level and you would need a 53% system to BE
500 pips as TP level and you would need a 50.4% system to BE

This is the real reason why you should trade long term, not that its easier for you...

Chances of winning

Stop trading and think of it, what moves the market?
People and news yea?
If you put on a trade someone needs to come after you putting trades in your direction (its like playing chess but you need to predict the next 12-14 steps to win) Yes very hard indeed. But think about it, what makes sense for you... If it makes sense for you personally its easier to stick to.. This is going to be your strategy...

My best friend only trades when there is a diaster in the stock market like 2008. He waits for a disaster to come, waits a year and buys alot. He hasnt failed yet and he makes a lot, I couldnt do it, Im not that long term so it wouldnt work... I leave it up to you to decide...

But the maths behind it is important. Most traders find Entry point really easy yea?
The problem comes to exit why? because you are predicitng 2 entry points.
example 50/50 chance gives you 0.5*0.5= 25% chance of getting a nice exit..


FX Like Poker
You are playing against people, yea? Same with poker...
I havent played alot of poker but I have read alot about it and lost my 1k online with one of the brokers... See the irony House always wins...

However knowing when to fold is extremely important, same in FX.

Ill tell a story, we were playing poker, 8 good friends around a table, one of my frinds lost everything after 37 hands were dealt and wanted to buy in again...

How did I know it was 37 hands? casue I count how many hands the opponent plays, he played 4 out of 5 hands... I Talked with him as we both got a beer from the kitchen: I told him, only play 1 out of 5 hands and I explained why... So sitting down again and guess who got in the money at the 3rd place... Yes me,
and he got 2nd!!!

Again, same with Fx You need to know when to play and play very little when you do... Set limits to loss and when you should leave...

Momentum
Only trade when the price moves and there is momentum

Im going to bed and thanks for the pips
  • #383,799
  • Feb 10, 2011 7:40am Feb 10, 2011 7:40am
lol update
Attached Image (click to enlarge)
Click to Enlarge Name: 4h eur.gif Size: 21 KB
  • #383,800
  • Feb 10, 2011 7:40am Feb 10, 2011 7:40am
Quoting apt
I think it is pretty clear considering it is Volume Spread Analysis.

Cloggie has some good insight from time to time, but I have to disagree with him here. He is wrong at times just like everyone else.

Hopefully the poor saps didn't listen to him when he was calling for long entries at 1.3640 J/P Cloggie.
The problem I have is that noobs are suckered in by such strength of conviction. It's not a service he's doing here; it's mischief making.
376 traders viewing now