Trading VSA the way NSK does | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

VSA/Weis-Wave Trading With Krazy 14 replies

VSA-divergence trading 187 replies

Eurusd-trading with VSA analysis 0 replies

VSA Trading 1 reply

Looking to combine basket trading and s/r, VSA 2 replies

Attachments: Trading VSA the way NSK does
Exit Attachments

Trading VSA the way NSK does

  • #281
  • Apr 19, 2011 5:13am Apr 19, 2011 5:13am
sorry nsk i didnt understand why the white volume bar
was so important.
i see that the candle has only open and close.( no spikes and hight volume)
but can you explain why this candle confirm for you that you have long on 15m chart?
is it just indicates that the buying is hight and the price is going to clear all
sell orders? this why we looking for long??
  • #282
  • Apr 19, 2011 5:17am Apr 19, 2011 5:17am
Quoting ns_karthik
hehehe....nice post courtney....trading is simple...we make it complicated...the best trades r the ones that jump at u.,...so, just stick to what works for u...if the advanced techniques dont work, forget abt it....nothing lost...

but do keep updating this thread abt ur trades though...u provide great inputs...

Will do, and rest assured I'm looking forward to learning.....
  • #283
  • Apr 19, 2011 5:18am Apr 19, 2011 5:18am
Quoting courtneywild
Will do, and rest assured I'm looking forward to learning.....
cool, can u send me a PM?
  • #284
  • Apr 19, 2011 5:45am Apr 19, 2011 5:45am
closed half position whit 20 pips in eu, sl to break even and let it run.

what can we expect now??

i think itīs posible more uptrend coz the volume in 15 min chart is enought to keep it up
  • #285
  • Apr 19, 2011 6:09am Apr 19, 2011 6:09am
Quoting kiscan
closed half position whit 20 pips in eu, sl to break even and let it run.

what can we expect now??

i think itīs posible more uptrend coz the volume in 15 min chart is enought to keep it up
unless euro clears 4285 clearly, we are still in downtrend...
  • #286
  • Apr 19, 2011 6:11am Apr 19, 2011 6:11am
Quoting rocketor
sorry nsk i didnt understand why the white volume bar
was so important.
i see that the candle has only open and close.( no spikes and hight volume)
but can you explain why this candle confirm for you that you have long on 15m chart?
is it just indicates that the buying is hight and the price is going to clear all
sell orders? this why we looking for long??
the white bar tells u that a lot of activity at high volume has taken place...whether it is buying or selling will not be known just by that single bar...for that we need to see the background...based on 15M,we know that buying is taking place in that bar to clear out all orders in that price range and below as well...
  • #287
  • Apr 19, 2011 8:25am Apr 19, 2011 8:25am
I entered long gu at 1.6268 after the black(white on your charts) bar on better volume indicator. But the question is where you put tp. I'm already out as the because i moved the sl and i made 5 pips.
  • #288
  • Apr 19, 2011 8:58am Apr 19, 2011 8:58am
only one opinion

in this chart, we can see a red climax bar who could be a reversal point but after a few bars a low volume yellow bar appears indicating us that the reversal isn,t enought strong and more uptrend is posible. in the 15min chart the same bars appears.

what is your thought about this?

this is my first contact whit volumes and i would like see more examples, and thoughts about this amazing strategie.

thank you all.


Attached Image (click to enlarge)
Click to Enlarge Name: eu 5min.gif Size: 19 KB
  • #289
  • Apr 19, 2011 10:14am Apr 19, 2011 10:14am
Couple of trades from earlier...

Hands up I have traded outside of the rules (after 12 noon). It was an experiment.

Anyway ...

Took 26 pips from EU (thats twice today).
I was thinking the GU might bounce of the 62964 MM line which it did. Went to +6 and revesed to close at -4 ( thankfuly I had moved my stop up tight as I was trading outside the time rules).

Entry for both was buy stops set at previous high outside LR channel.

kiscan.
have you tried a 15 min chart and trade from 7am till 12 noon.
Attached Image (click to enlarge)
Click to Enlarge Name: Example 11.jpg Size: 150 KB
  • #290
  • Apr 19, 2011 10:35am Apr 19, 2011 10:35am
hi!

i make the analisys looking at 5, 15, 1h, and 4h chart, i like a global vision of the market, this last days there is a downtrend in small timeframes, but in the major timeframes i think we are still in a large uptrend.

perhaps is the lucky of the newbie, but every minute i found this kind of trading more and more interesting and really profitable.

i will try to wake up at 7:00 tomorrow and to begin with this analysis one hour earlier.
  • #291
  • Apr 19, 2011 11:37am Apr 19, 2011 11:37am
closed 2š half in eu with 60 pips more, yellow bars in 5 and 15 min charts, showing weakeness in the trend, almost for me, collecting pips and tomorrow more.
  • #292
  • Apr 20, 2011 12:56am Apr 20, 2011 12:56am
ok then...a new day....euro and GU have already run up a lot...do they have any gas left or is it going to be a ranging london session? lets c...
  • #293
  • Apr 20, 2011 1:10am Apr 20, 2011 1:10am
Quoting ns_karthik
ok then...a new day....euro and GU have already run up a lot...do they have any gas left or is it going to be a ranging london session? lets c...
there are 2 news activities on eur and gbp today. i will rather stay aside until
MPC Meeting Minutes is over. The market is fluctuating too much for my liking. i am trading on live account. i dont want to risk anything
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #294
  • Apr 20, 2011 1:11am Apr 20, 2011 1:11am
Quoting adeforex
there are 2 news activities on eur and gbp today. i will rather stay aside until
MPC Meeting Minutes is over. The market is fluctuating too much for my liking. i am trading on live account. i dont want to risk anything
good point...i am also on the sidelines and watching...
  • #295
  • Apr 20, 2011 1:15am Apr 20, 2011 1:15am
see what is happening on eurusd............the volume is increasing. but i will still stay aside
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 55 KB
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #296
  • Apr 20, 2011 1:44am Apr 20, 2011 1:44am
I have shorted G/U @ 6348, looking for a move down to POC @ 6314

Price is currently establishing its self @ POC from 15/04 which is 6347, when complete looking for a move down today.

POC= Point of Control
  • #297
  • Apr 20, 2011 1:51am Apr 20, 2011 1:51am
Quoting Cosmo
I have shorted G/U @ 6348, looking for a move down to POC @ 6314

Price is currently establishing its self @ POC from 15/04 which is 6347, when complete looking for a move down today.
dont get trapped before mpc news meeting, it can change alot of things easily
Also i will never short cable now. it is on strong buy according to my analysis here. lets wait and see
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #298
  • Apr 20, 2011 2:45am Apr 20, 2011 2:45am
Good morning all

sold GU at 6369 SL 6394

if I'm not wrong the last two bars (climax and lowchurn) should indicate sell entering the market (usually near to tops forming) just touching R1 and close to +1/8 overbought.
crossing my finger...
Attached Image (click to enlarge)
Click to Enlarge Name: volumetrade.jpg Size: 129 KB
brax64
  • #299
  • Apr 20, 2011 3:12am Apr 20, 2011 3:12am
hi, brax.

perhaps isnīt the moment to sold G/U in half an hour we have meeting minutes, but my analisys is the same than you and iīm in short G/U too.
  • #300
  • Apr 20, 2011 3:17am Apr 20, 2011 3:17am
Quoting brax64
Good morning all

sold GU at 6369 SL 6394

if I'm not wrong the last two bars (climax and lowchurn) should indicate sell entering the market (usually near to tops forming) just touching R1 and close to +1/8 overbought.
crossing my finger...
Hi just to say MPC news due out in 15 mins so you might want to check your stop. Cheers
1 trader viewing now