vsa with Malcolm | Page 924 | 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

  • #18,461
  • Apr 12, 2011 4:02am Apr 12, 2011 4:02am
Quoting hutrader
Big volume on GU. Watching here for possible reversal.
Yes, big volume on M5, in that initial news release bar. But the 6 bars since (and we're now at the close of the hour, 5am NY time) show no significant volume of any kind - ND and no stopping. I'd expect another 60-90 pips down. I'm playing it in GY.
  • #18,462
  • Apr 12, 2011 4:31am Apr 12, 2011 4:31am
Quoting Beljevina
Yes, big volume on M5, in that initial news release bar. But the 6 bars since (and we're now at the close of the hour, 5am NY time) show no significant volume of any kind - ND and no stopping. I'd expect another 60-90 pips down. I'm playing it in GY.
yeh interesting
  • #18,463
  • Apr 12, 2011 5:09am Apr 12, 2011 5:09am
This thread is getting quiet. I wonder why?
  • #18,464
  • Apr 12, 2011 5:18am Apr 12, 2011 5:18am
M10:
Attached Image
Don't be a hero. Don't have an ego. Always question yourself
  • #18,465
  • Apr 12, 2011 6:32am Apr 12, 2011 6:32am
Shorted oil 20 mins ago at 109.58 off a ND (5 min).
Today's zone = Tomorrow's opportunity!
  • #18,466
  • Apr 12, 2011 6:40am Apr 12, 2011 6:40am
Quoting pres78
Shorted oil 20 mins ago at 109.58 off a ND (5 min).
Out at 109.18... looks like we found some possible demand.
Today's zone = Tomorrow's opportunity!
  • #18,467
  • Apr 12, 2011 7:11am Apr 12, 2011 7:11am
Took a long on GU a while ago, trigger taken from the 9:30 news announcement, tested from above. Entered on the high of this test. Went through a bit of a draw down but not too much.

Chart; (GU on the left)
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 187 KB
  • #18,468
  • Apr 12, 2011 7:25am Apr 12, 2011 7:25am
GU long with test right on the trigger line drawn from this morning huge down bar with ultra high vol.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_5 Mins_snapshot.png Size: 37 KB
  • #18,469
  • Apr 12, 2011 7:38am Apr 12, 2011 7:38am
EU 15 min chart gave a nice entry off a reduced volume retrace ending in a nice NS during confirmed strength. (Just above DPP also)...

4500 could be tough...

Edit... we also had a nice NS printed right at daily open level which gave a nice long entry.
Attached Image
Today's zone = Tomorrow's opportunity!
  • #18,470
  • Apr 12, 2011 7:40am Apr 12, 2011 7:40am
Hi Everybody. I hope you are feeling good today. Attached are my GU 30M and 3M charts of this mornings action showing recovery after the bad CPI number.

In the 3M chart I've marked what I think may be a key reversal bar off of a trigger line defined by the low price immediately established after penultimate test with low tick activity. Does this identification make sense? would it have been good to stop buy in on the break above the KRB high?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu_30m_4-12-11.gif Size: 24 KB
Click to Enlarge Name: gu_3m_4-12-11.gif Size: 27 KB
  • #18,471
  • Apr 12, 2011 7:46am Apr 12, 2011 7:46am
Quoting amletit
GU long with test right on the trigger line drawn from this morning huge down bar with ultra high vol.
Here's that same setup as seen from an IBFX demo account.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 5m test ibfx.gif Size: 31 KB
  • #18,472
  • Apr 12, 2011 7:47am Apr 12, 2011 7:47am
Quoting rbumbalough
Hi Everybody. I hope you are feeling good today. Attached are my GU 30M and 3M charts of this mornings action showing recovery after the bad CPI number.

In the 3M chart I've marked what I think may be a key reversal bar off of a trigger line defined by the low price immediately established after penultimate test with low tick activity. Does this identification make sense? would it have been good to stop buy in on the break above the KRB high?
I don't understand the placement of your trigger? Also the high of the bar you mark KRB doesn't get taken out within 2 bars and it is not really a KRB in that it doesn't form a key reversal of any kind nor does it take out any important levels.
Today's zone = Tomorrow's opportunity!
  • #18,473
  • Apr 12, 2011 7:48am Apr 12, 2011 7:48am
Quoting rbumbalough
Here's that same setup as seen from an IBFX demo account.
Now that's a nice GU long entry.
Today's zone = Tomorrow's opportunity!
  • #18,474
  • Apr 12, 2011 7:54am Apr 12, 2011 7:54am
Quoting pres78
EU 15 min chart gave a nice entry off a reduced volume retrace ending in a nice NS during confirmed strength. (Just above DPP also)...

4500 could be tough...

Edit... we also had a nice NS printed right at daily open level which gave a nice long entry.
Here's pres78's observation as seen on my chart.
Attached Image (click to enlarge)
Click to Enlarge Name: eu_15m_4-12-11.gif Size: 26 KB
  • #18,475
  • Apr 12, 2011 7:57am Apr 12, 2011 7:57am
Quoting pres78
I don't understand the placement of your trigger? Also the high of the bar you mark KRB doesn't get taken out within 2 bars and it is not really a KRB in that it doesn't form a key reversal of any kind nor does it take out any important levels.
Good Thank You. I was confused about the KRB concept, and submitted that in hopes someone would spot my error so I could in future setups apply it correctly. Its good to learn new things especially whey they help us earn money.
  • #18,476
  • Apr 12, 2011 8:01am Apr 12, 2011 8:01am
Quoting pres78
Now that's a nice GU long entry.
Funny how the close of my widespread announcement bar was way higher than the other charts posted so far, so i got in earlier and went through the draw down to the point where the others got in.

Thanks for pushing it back up for me
  • #18,477
  • Apr 12, 2011 8:09am Apr 12, 2011 8:09am
stopped out -30 overnight..... after being +60 ..... brain must be in holiday mode should have set stop break even ..oh well

will see how today ends but may get that break above 1,4500 I mentioned friday , with target 1.4800 this week.

Quoting malcolmb14
I think my 1,4350 will be hit just fine .. plenty of supply on the 30 min all of todays session .

With todays decline in oil .... got to love oil these days the usd seems to gaining some traction. I think 1.4350 will be tested ..almost got there in asian session , lets see what London brings.

as for today being a test day , we had only slightly lower than average volumes.

If you draw a channel we are in an uptrend, the lower quadrant is 4300 and the lower channel line 4200

I am not aiming for that low.

Attachment
Blogging daily now at www.volume.zone
  • #18,478
  • Apr 12, 2011 8:21am Apr 12, 2011 8:21am
nice entry but spooked out. I think oil sees 105 this week. Still in a sell off 112, cheating a little and following the trend system in tradeguider .... but hey whatever works lol


Quoting pres78
Out at 109.18... looks like we found some possible demand.
Blogging daily now at www.volume.zone
  • #18,479
  • Apr 12, 2011 8:21am Apr 12, 2011 8:21am
Hello Buddys. I think that the bigs will muck EU about in the price range between the prior Monthly high and 1.45 for a few days to attract enough short interest to build a nice stack of stops in the 1.4575-14625 region so as to facilitate and ease running price up towards 1.48. Attached is a monthly EU chart showing a ripe setup for creating a nice stop hunt.
Attached Image (click to enlarge)
Click to Enlarge Name: eu_monthly_4-12-11.gif Size: 22 KB
  • #18,480
  • Apr 12, 2011 8:25am Apr 12, 2011 8:25am
Quoting malcolmb14
stopped out -30 overnight..... after being +60 ..... brain must be in holiday mode should have set stop break even ..oh well

will see how today ends but may get that break above 1,4500 I mentioned friday , with target 1.4800 this week.
Ahhhh, so you are human.

3 traders viewing now