vsa with Malcolm | Page 868 | 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

  • #17,341
  • Mar 25, 2011 6:52am Mar 25, 2011 6:52am
EU 5 min. The market seems to be struggling to go up. I see a double top and a couple of bars back a ND. Time to think short? I see a possible attack on the support and a potential break through? lets see...
  • #17,342
  • Mar 25, 2011 7:04am Mar 25, 2011 7:04am
Quoting leonarrdo
Either there with us or there not, we'll soon find out.
Less see how far will go ?
  • #17,343
  • Mar 25, 2011 7:10am Mar 25, 2011 7:10am
i think the market is churning right now.
an up bar volume after that SO is excessive.

just my idea, the market will come back into the same area of SO with lower volume.

after price penetrate the supply area, will wait for a test to go long.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 163 KB
  • #17,344
  • Mar 25, 2011 7:13am Mar 25, 2011 7:13am
For me stop 14196 first target 14120?
  • #17,345
  • Mar 25, 2011 7:22am Mar 25, 2011 7:22am
In the heat of the battle i have to take my daughter to school.
  • #17,346
  • Mar 25, 2011 7:24am Mar 25, 2011 7:24am
and finaly some proper market maker action in the euro and some strength in euro
  • #17,347
  • Mar 25, 2011 7:24am Mar 25, 2011 7:24am
Quoting FrankSA
EU 5 min. The market seems to be struggling to go up. I see a double top and a couple of bars back a ND. Time to think short? I see a possible attack on the support and a potential break through? lets see...
Sorta like this.... [update]: took 30 pips off this one as it broke through the support. expecting a pull back and look for any further weakness to appear
Attached Image (click to enlarge)
Click to Enlarge Name: euro 5min 20110325j.gif Size: 25 KB
  • #17,348
  • Mar 25, 2011 7:24am Mar 25, 2011 7:24am
I was stoped out but still i would like to see 1.4180 ..We had few weak bars on 1h ..so for now hard task

Maybe first visit to 1.4100 area ...hm
Work smart not hard
  • #17,349
  • Mar 25, 2011 7:26am Mar 25, 2011 7:26am
Quoting kave
A potential 1st wyckoff secondary test is in the making, back onto PS..

Attachment
Thanks. Looks so different in H1. Lets see.
Attached Image (click to enlarge)
Click to Enlarge Name: GU-H1.gif Size: 20 KB
  • #17,350
  • Mar 25, 2011 7:27am Mar 25, 2011 7:27am
I should stay in that first trade...when i was short

Whenever i trye to get in again i cannot read normaly and that second trade is 99% failed

Done for today

Anyway i amanaged to colect something and learn also

Bye
Work smart not hard
  • #17,351
  • Mar 25, 2011 7:31am Mar 25, 2011 7:31am
Quoting pete148
and finaly some proper market maker action in the euro and some strength in euro
or not lol
  • #17,352
  • Mar 25, 2011 7:45am Mar 25, 2011 7:45am
Would love to hear your guys comments on this chart.

The question is their a valid short in here.

For me the background strength is to much with the daily printing a 2bar reversal aswell.

http://i865.photobucket.com/albums/a...shortornot.jpg

this is a 10m chart of todays pa
  • #17,353
  • Mar 25, 2011 7:57am Mar 25, 2011 7:57am
Quoting pete148
Would love to hear your guys comments on this chart.

The question is their a valid short in here.

For me the background strength is to much with the daily printing a 2bar reversal aswell.

http://i865.photobucket.com/albums/a...shortornot.jpg

this is a 10m chart of todays pa
Dont you think that vol in that level where you have arrow in those 3 upbars is drying out.
  • #17,354
  • Mar 25, 2011 8:03am Mar 25, 2011 8:03am
Quoting juhanimi
Dont you think that vol in that level where you have arrow in those 3 upbars is drying out.
Wel yeah it is drying up. But to me this looked like testing before the breakout.

Thinking back to it this is probly an example of a failed test?

Also trading is a probability game, so probly this was the one that didnt work.
  • #17,355
  • Mar 25, 2011 8:13am Mar 25, 2011 8:13am
Quoting pete148

Thinking back to it this is probly an example of a failed test?
What you mean?
  • #17,356
  • Mar 25, 2011 8:15am Mar 25, 2011 8:15am
This is no test down we go 14060 ?
  • #17,357
  • Mar 25, 2011 8:26am Mar 25, 2011 8:26am
Quoting juhanimi
What you mean?
Sometimes the market prints a bar that looks like a test bar being any of the low volume variations. And a bar that many vsa'ers wil interpret as as a test.

But the test fails and the low is broken, many vsa'ers of a high skill level who was unsure of market strength or weakness sees this failed test as a definite sign of weakness.

And if they are good enough they will join in on the short side.
  • #17,358
  • Mar 25, 2011 8:27am Mar 25, 2011 8:27am
Quoting leonarrdo
This is no test down we go 14060 ?
I reckon 4100 we had good strenth coming in from there yesterday.
  • #17,359
  • Mar 25, 2011 8:31am Mar 25, 2011 8:31am
Hi everyone ,

Some feed back would be very much appreciated,

what did I get wrong ? I'm new to this type of analysis
folowing trade explaination for the ES trade I took yesterday


1 : Bottom Reversal after gap down, vol<on the 2nd bar = strength
2: Shake out, Very high vol
3: the two previous bar a potential weak but this a test = strength
4: test after few weak bar, the trend is up now
5: upthrust after high vol up bar
6: test the weakness of 5 = strength
7: high vol wide spread up bar, potential weak , but following bar are up, we are near a previous resistance area, I don’t really know what to read from those bars
8: Up gap, high vol down bar ( not ultra high) but still bearish
9: retracement on light volume, both up bar are No demand, near a resistance with 8 in the background : I took a short , stop 1 tick above above 8
Attached Image (click to enlarge)
Click to Enlarge Name: ES 24march2011.jpg Size: 107 KB
  • #17,360
  • Mar 25, 2011 8:36am Mar 25, 2011 8:36am
Check the power of bouncing up into today's opening price (and POC) and getting rejected (twice) to the pip, to then be met with the most recent (yellow) ND volume bar and heading down 50-60 pips after that.

We're in a supply zone now, but demand is not convincing to me - a possible bounce and failure up to the DPP @ 1.41495 could have us revisit 1.4084 (& associated support) and my solid blue 1.376-1.386 TL. Possible H1 wedge building and decision time seems to be looming, although Friday's are known to leave us inconclusive or deceptively positioned. Would love some news, good or bad from the eurocrat crowd; still nursing yesterday's short.
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-03-25_093236.png Size: 45 KB
4 traders viewing now