vsa with Malcolm | Page 656 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

VSA-divergence trading 187 replies

How to Blow $200 account using VSA--- 594 replies

VSA Journal 57 replies

VSA broker history change datas 11 replies

Attachments: vsa with Malcolm
Exit Attachments

vsa with Malcolm

  • #13,101
  • Feb 17, 2011 11:51pm Feb 17, 2011 11:51pm
Thank you for your help! Especially to Mal and Intel!

I have another one. Can you explain me what is an efffort versus result? What is a positive and negative result?

As I understood it...... Positive result: If we have wide spread up bar, the positive result will be if we will have the second candel closing higher with increasing vol. Or we can have second bar down but the volume is lower then previous several bars.
Negative result: second bar closing lower then previous bar with vol increased.

Is it correct?
  • #13,102
  • Feb 17, 2011 11:59pm Feb 17, 2011 11:59pm
Quoting HiddenGap
The Ideal 2 Bar Reversal.

1. The first bar will close on or near its high.
2. The second bar will NOT make a higher high but will make a lower low as its range is increasing.
3. The second bar will close HIGHER than the high of the first bar.
4. The second bar will close on or near its high.
5. The second bar will have MORE volume than the first bar.
sorry i don't follow, if 3. is true how does it fit with 2. ?
The second bar can't close higher than the high of the first bar if it can't make a higher high...

feeling a bit dumb asking this...maybe i need a MACD to comfort me...
Catching a falling knife, no, I'm just trading the Gartley!
  • #13,103
  • Feb 18, 2011 12:01am Feb 18, 2011 12:01am
another test , right of poc this time

really not much sell interest in asia

Attached Image (click to enlarge)
Click to Enlarge Name: eu139.png Size: 183 KB
Blogging daily now at www.volume.zone
  • #13,104
  • Feb 18, 2011 12:02am Feb 18, 2011 12:02am
Quoting ChinaWombat
sorry i don't follow, if 3. is true how does it fit with 2. ?
The second bar can't close higher than the high of the first bar if it can't make a higher high...

feeling a bit dumb asking this...maybe i need a MACD to comfort me...
I think what he meant is:
1. The first bar will close on or near its high.
2. -- it can be any description which HG has mentioned in his No.2 to No.5, preferbly with more volume.


edit: okay now i just re-read everythign again, and im confused with No.2 and 3 as well.
  • #13,105
  • Feb 18, 2011 12:08am Feb 18, 2011 12:08am
potential break top of flag and test weekly range high 1.3750

1.3540 is key ... that has to hold on a test

Attached Image (click to enlarge)
Click to Enlarge Name: eu flag.jpg Size: 220 KB
Blogging daily now at www.volume.zone
  • #13,106
  • Feb 18, 2011 12:12am Feb 18, 2011 12:12am
weekly eu chart ...perfect 2 bar reversal .. with widest spreads in history of eu ..people wonder why I am bullish , that has not disappeared ! ..... however as we all know we will never see 1.5 this decade ..lol.... yeah right .. my target is higher.

Attached Image (click to enlarge)
Click to Enlarge Name: eu 2bar.jpg Size: 209 KB



Quoting ChinaWombat
sorry i don't follow, if 3. is true how does it fit with 2. ?
The second bar can't close higher than the high of the first bar if it can't make a higher high...

feeling a bit dumb asking this...maybe i need a MACD to comfort me...
Blogging daily now at www.volume.zone
  • #13,107
  • Feb 18, 2011 12:21am Feb 18, 2011 12:21am
Quoting Mtm
u don't take it, is it because due to low activity here? or because some bar that would go against your trade has formed?
---> ok just saw ur replies above, thanks
but what is FO and LC?



Is HG talking about a reversal to go short ?
FO = Frankfurt Open
LC = London Close
If I'm not wrong
  • #13,108
  • Feb 18, 2011 12:31am Feb 18, 2011 12:31am
Quoting malcolmb14
however as we all know we will never see 1.5 this decade ..lol.... yeah right .. my target is higher.
Seriously?

What kinda SL you put on a 10 year trade?

If yer into a daily for hun, what ya need like an eleventy billion cushion?

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #13,109
  • Feb 18, 2011 12:33am Feb 18, 2011 12:33am
Quoting V_2008
Thank you for your help...
I have another one. Can you explain me what is an efffort versus result? What is a positive and negative result?...
it's always good to read up first.
simply put,
if there is an effort to go up, say a wide spread up bar with high vol, we should see higher prices next (positive result). if the next bar/s are not up, then it's a negative result (there must be selling in prior bar).

hope that helps
  • #13,110
  • Feb 18, 2011 12:39am Feb 18, 2011 12:39am
Quoting malcolmb14
weekly eu chart ...perfect 2 bar reversal .. with widest spreads in history of eu ..people wonder why I am bullish , that has not disappeared ! ..... however as we all know we will never see 1.5 this decade ..lol.... yeah right .. my target is higher.

Attachment
thanks Mal, if you're talking about the 2 red bars in the grey box then that's how I understand it as well... maybe it was a typo and should have been 'low' instead of high?

"1. The first bar will close on or near its high."
Catching a falling knife, no, I'm just trading the Gartley!
  • #13,111
  • Feb 18, 2011 12:41am Feb 18, 2011 12:41am
Interesting.
Attached Image (click to enlarge)
Click to Enlarge Name: current2.png Size: 148 KB
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #13,112
  • Feb 18, 2011 12:46am Feb 18, 2011 12:46am
Quoting HiddenGap
Interesting.
nice.
we may now be ready for 1.40 or 1.50. hahah
  • #13,113
  • Feb 18, 2011 1:08am Feb 18, 2011 1:08am
Quoting supremeChaos
it's always good to read up first.
simply put,
if there is an effort to go up, say a wide spread up bar with high vol, we should see higher prices next (positive result). if the next bar/s are not up, then it's a negative result (there must be selling in prior bar).

hope that helps

Ok, and if we see that the second bar going down on low volume, we tell that this market is weak or confirm background weakness? Right? I dont quit get it...
  • #13,114
  • Feb 18, 2011 1:09am Feb 18, 2011 1:09am
LOL

I see that 'loose call' that I wouldn't have taken, has just hit the usual TP!!!
  • #13,115
  • Feb 18, 2011 1:22am Feb 18, 2011 1:22am
Quoting V_2008
Ok, and if we see that the second bar going down on low volume, we tell that this market is weak or confirm background weakness? Right? I dont quit get it...
im not sure i understand your question either

anyway, as u know we always have to consider the background.
let's say there is strength in the background... then we see an effort to go up, on high vol. wide spread up bar... & then we see the second bar going down on low volume, i think this (second bar) is a possible test.
we may also wait for a few more bars before we can create a decent conclusion about the situation.

like what im doing, u have to read up on the basics, then as u progress, u will slowly be able to put the 'puzzle pieces' together.

i'll let the others chime in if im way off with my reply.
  • #13,116
  • Feb 18, 2011 1:40am Feb 18, 2011 1:40am
Quoting foxybunny
Hi Juhanimi,

In your chart "Who was Selling Here?"

Possibilities:-

(a) Temporary Sellers who want a quick profit playing around the High of the Big Long Red Down bar as mentioned in my previous charts.

(b) Actual Real Buyers may also be selling here as they don't want to push the price above that range yet. They wanted to accumulate more Longs within that Range.


Note within the "Range Inside", every down move was encountered with more and faster longer up blue bars (especially just before the break up) and the volume was increasing...
I agree with everything. Thanks.
Look that previous accumulation, it is little different.
Maybe something to learn here.
  • #13,117
  • Feb 18, 2011 1:56am Feb 18, 2011 1:56am
Is anyone looking at 5min chart? what is going on?
  • #13,118
  • Feb 18, 2011 2:14am Feb 18, 2011 2:14am
10y? if eu is on fire this thing moves like on crack.
since the stock market is mainly dominated b hft and machine trading and a rigged game by definition, the volume (true volume, real money, traders) has moved to currencies the last months, therefore guaranteeing volatility.

if eur is capable of moving 1000 pippos in two weeks...why shouldn't this happen again after a period of preparation?

Quoting Magix
Seriously?

What kinda SL you put on a 10 year trade?

If yer into a daily for hun, what ya need like an eleventy billion cushion?

  • #13,119
  • Feb 18, 2011 2:15am Feb 18, 2011 2:15am
Day 1
G20 Meetings

Quoting Fusion
Is anyone looking at 5min chart? what is going on?
  • #13,120
  • Feb 18, 2011 2:20am Feb 18, 2011 2:20am
EU-M5 was tested just here yesterday.
11 traders viewing now