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  • #383,861
  • Feb 10, 2011 8:27am Feb 10, 2011 8:27am
Quoting Magix
http://www.forexfactory.com/showpost...stcount=383532

Well, lookie here!

I believe I nutted this one!

E Haw!
Ride the Pig dude, Ride the Pig....
Look Sharp/Trade Tight
  • #383,862
  • Feb 10, 2011 8:27am Feb 10, 2011 8:27am
One more short leg down towards 3571 expecting before the bounce, double bottom will do at 3582 if to long for 3710. sl will place below 3541 for now , do or die against heavy candle down.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #383,863
  • Feb 10, 2011 8:28am Feb 10, 2011 8:28am
thats why you need to spend some money in decent datafeeds. esginal eg aggregates the data of over 200 banks, ecns etc. or cgq which by design has a decent feed. you can easily go and trade the currency futures, because it is a fact that those who move the spot markets also trade the futures markets accordingly.


Quoting realjumper
I guess this isn't the time or place, but never-the-less.....I have tried to understand VSA over quite a period of time, and I just can't see how it works....and that's a fact! I see VSA exponents saying things that 'sellers are coming in'....or 'buyers are starting to turn up' etc etc etc. I can't for the life of me understand how that can be deduced from looking at the volume on my tradestation. I would think if it was going to be stated that (say) buyers are coming in here......you must have a hell of a feed, from just about every bank etc in...
  • #383,864
  • Feb 10, 2011 8:28am Feb 10, 2011 8:28am
Quoting PipChick
All of you guys have PMS


not me
  • #383,865
  • Feb 10, 2011 8:28am Feb 10, 2011 8:28am
Quoting FibbinArchie
absolutely nothing wrong with that...

it's not an indy, it's a way of reading market action, and quite a complex one at that, you can't learn VSA over night or put an EA magic bullet on your charts...

I use volume to trade equities, and have done so for 2 decades. VSA fans in FX are missing the entire point of how it is portrayed and why it does not work in FX.
  • #383,866
  • Feb 10, 2011 8:29am Feb 10, 2011 8:29am
Quoting realjumper
I guess this isn't the time or place, but never-the-less.....I have tried to understand VSA over quite a period of time, and I just can't see how it works....and that's a fact! I see VSA exponents saying things that 'sellers are coming in'....or 'buyers are starting to turn up' etc etc etc. I can't for the life of me understand how that can be deduced from looking at the volume on my tradestation. I would think if it was going to be stated that (say) buyers are coming in here......you must have a hell of a feed, from just about every bank etc in...
You would actually be surprised just how similar some bucket shop 'voulmes' are to the 'real deal' from Esignal. The Broco Trader volumes are very tradeable imo.
Malc and Dr G will have better details, but Esignal's volume feed is collated from over 200 different liquidity sources. That's not a bad start at all.
  • #383,867
  • Feb 10, 2011 8:30am Feb 10, 2011 8:30am
wise man still 200 on 4
  • #383,868
  • Feb 10, 2011 8:31am Feb 10, 2011 8:31am
Quoting Dr.Geppynius
thats why you need to spend some money in decent datafeeds. esginal eg aggregates the data of over 200 banks, ecns etc. or cgq which by design has a decent feed. you can easily go and trade the currency futures, because it is a fact that those who move the spot markets also trade the futures markets accordingly.
"DATA FEED/TICK VOLUME/OPTIONS EXPIRY/3700 IS GOING TO HOLD"

Admit it, you dont have any trading skills..
learn how to trade, I am happy to help, its never too late..
  • #383,869
  • Feb 10, 2011 8:31am Feb 10, 2011 8:31am
Quoting cloggie
Tom...
This is not personal, this is just publicly questioning a herd's believe in a way of trading without properly understanding it or even know how the data they follow is formed into that particular visual presentation.
....
do u have proof he said that?
if he indeed said that, then they shouldnt have called it VSA, should they

"publicly questioning" is actually being personal. it's worse because u are doing it in a forum where there are tons of eyes lurking. u can opt to question privately, that way u dont malign anyone.

Quote
Posters on this forum are very good in defending a way of trading without having any clue how their strategy is formed.
u shouldn't make such wide-open generalizations.
not everyone here is part of the herd.
can u not distinguish between, a new trader from an intermediate/pro trader?
u are part of this forum, so are u part of the herd? are u clueless too?


u might be good at trading, but based on your posts above, apologies but u certainly arent good enough when it comes to logic, psychology & your disposition/sensibility

do what u do best --- trade. let the others be. this is the eurusd anything goes, pandemonium thread --u should've been aware of that right from the start.
if u want to have the ultimate say on anything, then it's best to create your own thread/forum.
  • #383,870
  • Feb 10, 2011 8:31am Feb 10, 2011 8:31am
Quoting realjumper
I guess this isn't the time or place, but never-the-less.....I have tried to understand VSA over quite a period of time, and I just can't see how it works....

I could be way wrong here, and cudos to those who can make money using volume, but I see it the same as every other indi, and that is 'after the fact' information......unless you've got that hell feed of info from somewhere.

I am interested in this discussion, and maybe this isn't the place, but I think it's worth persuing.

5c
Mal, myself and a few others used to hash threw the charts on skype.

Three out of the hand full of us had our levels of importance and strategies for taking trades.

Mal, used a term call POC.
Another trader worked with the Cams.
I with Moving Averages.

Surprisingly enough, we all happened to find the same direction if not the same trades on a fairly consistent basis...

Now, I am with ya on not being able to properly apply VSA to Forex, but that sure doesn't say much against the system or my brother Mal...I just prefer a different set of criteria, one that offers a little more by visual aid.

Now, brother Mal, is more then capable of stepping up and defending himself, and does so quite well...I pick on him the same way here as I would bug his ass on skype...believe me, the words he would use there, he has the decency to refrain from using here...

He is a good guy...he works with a decent system that has its merits..and he uses his time to coach others threw it...

What can be said for Mal and VSA...

All good if ya commit the time to some understanding...

Keep on keeping on Mal...the names change here, but the bullshit always stays the same!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #383,871
  • Feb 10, 2011 8:31am Feb 10, 2011 8:31am
Quoting realjumper
I guess this isn't the time or place, but never-the-less.....I have tried to understand VSA over quite a period of time, and I just can't see how it works....and that's a fact! I see VSA exponents saying things that 'sellers are coming in'....or 'buyers are starting to turn up' etc etc etc. I can't for the life of me understand how that can be deduced from looking at the volume on my tradestation. I would think if it was going to be stated that (say) buyers are coming in here......you must have a hell of a feed, from just about every bank etc in...
I dont know much about volume but I know this...
On a m15 chart, stick the mt4 vol indi on it and look at the recent pin bar with decently hi vol. It indicates buyers are trying to take over. Whether they succeed or not, who knows but a majority of the time, when I see this set up, it gives pips. I know VSA is a bit different than what I just explained but its about buyers and sellers coming into the mkt. I dont know the math behind it or anything else, I just know what I have witnessed on my charts for a long time. I am watching the h4 current candle that closes in 1.5 hrs for a pin bar with decently hi vol. If that occurs, a long is what I will be thinking. If not, I will nix it.
With the pin bars, the vol is important for success.
  • #383,872
  • Feb 10, 2011 8:32am Feb 10, 2011 8:32am
Quoting ukdaytrader
You would actually be surprised just how similar some bucket shop 'voulmes' are to the 'real deal' from Esignal. The Broco Trader volumes are very tradeable imo.
Malc and Dr G will have better details, but Esignal's volume feed is collated from over 200 different liquidity sources. That's not a bad start at all.

eSignal's volume feed is not volume but purely price change based. Have a troll through their site, they freely admit that they use tick price change and do not look at volume, they estimate liquidity based on change in price, not based on the size of the orders in the markets.
  • #383,873
  • Feb 10, 2011 8:32am Feb 10, 2011 8:32am
who you trying to educate?
the ones who know everything already? gl with that chick

Quoting PipChick
All of you guys have PMS
  • #383,874
  • Feb 10, 2011 8:32am Feb 10, 2011 8:32am
Quoting kill56
wise man still 200 on 4
coincidentally 61.8 on daily ext fib
Verily, in every difficulties there is relief
  • #383,875
  • Feb 10, 2011 8:32am Feb 10, 2011 8:32am
LOL

Quoting ukdaytrader
I think I may have got a taster a few weeks ago with your calling of Snatch.



  • #383,876
  • Feb 10, 2011 8:33am Feb 10, 2011 8:33am
cloggie, i really do not understand you.

with all your power you try to convince people who use it as crucial part of their trading and got proven right often enough that it does not work. without knowing the principles involved.

Quoting cloggie
I use volume to trade equities, and have done so for 2 decades. VSA fans in FX are missing the entire point of how it is portrayed and why it does not work in FX.
  • #383,877
  • Feb 10, 2011 8:35am Feb 10, 2011 8:35am
Quoting PipChick
LOL Ohhhhhh you DONT want to see me with PMS!!
let it rippppppppppp!!!

by the way, gentle, sweet PipChick,
is 'it' much worse than the 2012 doomsday?
  • #383,878
  • Feb 10, 2011 8:35am Feb 10, 2011 8:35am
Quoting kill56
wise man still 200 on 4
Yessir...

Daily 200 is my bottom side target killer...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #383,879
  • Feb 10, 2011 8:35am Feb 10, 2011 8:35am
could plz s.o be so kind and post a h4 or daily usdx chart with some TLs and the important S+R levels?

ph.
Hero calls followed by margin calls...
  • #383,880
  • Feb 10, 2011 8:35am Feb 10, 2011 8:35am
Quoting PipChick
All of you guys have PMS
Private Message Service ??
hang on to your bread......unless you want toast
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