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Attachments: Trading VSA the way NSK does
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Trading VSA the way NSK does

phew, so much typing...getting tired...some more relaxation...:-)...
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closed out AUD.USD for +37 pips, NSK trading rules same as GU. Notice how similar this chart looks to EU and GU.
Shaded areas on chart are trading times 6am - 1200 GMT.
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For me time to go sleep, today I got 19+30+3=52, I can sleep pretty happy!

Talk to you tomorrow guys!

Leave some pips for me... don't take all of them!
brax64
[quote=ns_karthik;4570821]its all in the mind....first of all, we need to see whether we are a day trader or someone who takes trades for 2-3 days or more...if we consider ourselves as a day trader, then we should think like a day trader...


Thanks for the answer NSK... sound advice. 30 pips a day is more than enough with sound MM.
90 a week (1 loss 4 wins) x 2 pairs 180 x 4 weeks 720!
Nirvana ... although thats a hard place to get to... ommm
Quoting brax64
For me time to go sleep, today I got 19+30+3=52, I can sleep pretty happy!

Talk to you tomorrow guys!

Leave some pips for me... don't take all of them!

Nice..
[quote=courtneywild;4570962]
Quoting ns_karthik
its all in the mind....first of all, we need to see whether we are a day trader or someone who takes trades for 2-3 days or more...if we consider ourselves as a day trader, then we should think like a day trader...


Thanks for the answer NSK... sound advice. 30 pips a day is more than enough with sound MM.
90 a week (1 loss 4 wins) x 2 pairs 180 x 4 weeks 720!
Nirvana ... although thats a hard place to get to... ommm
if only trading was so easy...:-)
[quote=ns_karthik;4570992]
Quoting courtneywild
if only trading was so easy...:-)
how long have you used this system?
is it complete now or do you have additions planned? mind you i cant think of what you would add to something so simple yet effective!
[quote=courtneywild;4571143]
Quoting ns_karthik

how long have you used this system?
is it complete now or do you have additions planned? mind you i cant think of what you would add to something so simple yet effective!
8-9 mnths maybe...i do have additions to this method...i tried explaining it in the thread b4 using a M5 chart...but i guess many found it difficult to understand...so i just use it for myself...i also think of using an oscillator like stochs just to warn me of oversold and overbought conditions which i could use to time my entries and exits better...

but as u rightly said, its simple and effective the way it is....so why complicate it?? though i am surprised that its only me, u and brax discussing abt this method and no one else seems bothered....is it so difficult to follow?
[quote=ns_karthik;4571192]
Quoting courtneywild
8-9 mnths maybe...i do have additions to this method...i tried explaining it in the thread b4 using a M5 chart...but i guess many found it difficult to understand...so i just use it for myself...i also think of using an oscillator like stochs just to warn me of oversold and overbought conditions which i could use to time my entries and exits better...

but as u rightly said, its simple and effective the way it is....so why complicate it?? though i am surprised that its only me, u and brax discussing abt this method...
Hello!
I have been lurking this thread for some days now and I think the material in it is most usefeful. I will demo it for a couple of days and then try it live Count me in
[quote=ns_karthik;4571192]
Quoting courtneywild
8-9 mnths maybe...i do have additions to this method...i tried explaining it in the thread b4 using a M5 chart...but i guess many found it difficult to understand...so i just use it for myself...i also think of using an oscillator like stochs just to warn me of oversold and overbought conditions which i could use to time my entries and exits better...

but as u rightly said, its simple and effective the way it is....so why complicate it?? though i am surprised that its only me, u and brax discussing abt this method and...

I'll go back and read those posts as it may make more sense to me now.

Regarding readers... it could be its so simple people think its can't work!!!

Ive been one that looked at many of the systems in FF and most are over complicated and some are crazy with indis... I used to feel I needed them and it was a challenge to use the indis and try to make them fit rather than following price!
Us humans like everything complicated or we doubt its relevance (I think anyway).

This system is working and its working very well, and so for me, I pass you huge blessings.
NSK do you use this at the US open and well as UK open.
but as u rightly said, its simple and effective the way it is....so why complicate it?? though i am surprised that its only me, u and brax discussing abt this method and no one else seems bothered....is it so difficult to follow?[/quote]


I feel your system is great and have been following it since the beginning but encounter one major problem; my moving average line goes straight across the screen with no diversity. What settings do you use for the BetterVolume indicator? Or, do you have any suggestions?

Many thanks and keep up the stupendeous work!

66trader66
Quoting 66trader66
but as u rightly said, its simple and effective the way it is....so why complicate it?? though i am surprised that its only me, u and brax discussing abt this method and no one else seems bothered....is it so difficult to follow?

I feel your system is great and have been following it since the beginning but encounter one major problem; my moving average line goes straight across the screen with no diversity. What settings do you use for the BetterVolume indicator? Or, do you have any suggestions?

Many thanks and keep up the stupendeous work!

66trader66[/quote]

in the bettervolume indicator, there is a parameter which can be edited....it is called MA period...set it to 5...
Quoting courtneywild
NSK do you use this at the US open and well as UK open.
nope...only the UK open...finish my trading with 3-4 hrs of Euro open and spend the rest of the day for other activities...
[quote=courtneywild;4571246]
Quoting ns_karthik


I'll go back and read those posts as it may make more sense to me now.

Regarding readers... it could be its so simple people think its can't work!!!

Ive been one that looked at many of the systems in FF and most are over complicated and some are crazy with indis... I used to feel I needed them and it was a challenge to use the indis and try to make them fit...

and yes, i guess people love to complicate things...the more cryptic the system and the system-maker is, the more they love it...dunno y though...

maybe i need to throw in 3-4 more indicators and clutter up my charts....maybe thats the key...
Quoting ns_karthik
nope...only the UK open...finish my trading with 3-4 hrs of Euro open and spend the rest of the day for other activities...

You see how much I have to learn... wanting to trade!!!
I am fighting with the desire to overtrade.
I will beat it...

Also I have to learn to get out quicker...
My stops are really disaster protection and I must learn to get out quicker before they are hit. (not that many trades go against you in the system). BUT how many pips do you think one should let fry before you pull the plug...?
Quoting courtneywild
You see how much I have to learn... wanting to trade!!!
I am fighting with the desire to overtrade.
I will beat it...

Also I have to learn to get out quicker...
My stops are really disaster protection and I must learn to get out quicker before they are hit. (not that many trades go against you in the system). BUT how many pips do you think one should let fry before you pull the plug...?
as i said, i put the trade on and if it starts going my way, i move SL to BE when i am +25 pips and then exit the trade at +30 or +40 pips...
[quote=ns_karthik;4571192]
Quoting courtneywild
8-9 mnths maybe...i do have additions to this method...i tried explaining it in the thread b4 using a M5 chart...but i guess many found it difficult to understand...so i just use it for myself...i also think of using an oscillator like stochs just to warn me of oversold and overbought conditions which i could use to time my entries and exits better...

but as u rightly said, its simple and effective the way it is....so why complicate it?? though i am surprised that its only me, u and brax discussing abt this method...
Hi NSK,
it is very simple effective system, so simple that my mind could not fully accept this simple after using so many indicators , filters etc etc , so i was observing it , count me in . i appreciate ur simplicity of system and the way you explained
[quote=bhkkrishna;4571464]
Quoting ns_karthik

Hi NSK,
it is very simple effective system, so simple that my mind could not fully accept this simple after using so many indicators , filters etc etc , so i was observing it , count me in . i appreciate ur simplicity of system and the way you explained
nice to hear such words....i guess simplicity is both a boon and a bane...lol...but let it be....i dont mind having few readers...it would mean that fewer people would trade this and hence would remain effective...
US session...time to just watch and relax...:-)
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