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Trading VSA the way NSK does

  • #581
  • May 4, 2011 11:11pm May 4, 2011 11:11pm
there is ready-made code for this indicator for every trading app except MT4/5, see here:
http://www.traders.com/Documentation...ips.html#item2
  • #582
  • May 4, 2011 11:19pm May 4, 2011 11:19pm
Hello Guru and Friends....

Last night I was analyzing NSK VSA method with 1H chart of EURUSD .... with trend filter ...

Attached Image (click to enlarge)
Click to Enlarge Name: vsa.jpg Size: 115 KB



I found two types of entry chances ...

1. Based on Trend ...

Its normal rules as Guru already explained ...

2. Against the trend...

It occurs mostly on late EUR session ...

Once EURUSD finished its daily range then can reversal happens ....

I personally look for this reversal sign for closing my positions ...

[This indication occur almost every pair, I hope .... ]

Please comment my observation, then I ll learn and clear my understatings...

Thanks & Regards

Arun...
  • #583
  • May 4, 2011 11:53pm May 4, 2011 11:53pm
Quoting doublePip
there is ready-made code for this indicator for every trading app except MT4/5, see here:
http://www.traders.com/Documentation...ips.html#item2
Thanks and it is strange not available for MT4....
  • #584
  • May 5, 2011 12:02am May 5, 2011 12:02am
Quoting arunsideas
Hello Guru and Friends....

Last night I was analyzing NSK VSA method with 1H chart of EURUSD .... with trend filter ...

Attachment


I found two types of entry chances ......

great arun...after the 15M, this method tends to work very well in 1H...and u have found that...good work...of course, u will have losses but overall this will be profitable...try to combine this with white and red bars on the BV indicator and ur hit rate will get better....
  • #585
  • May 5, 2011 12:04am May 5, 2011 12:04am
short EU @ 1.4876 SL 1.4892
  • #586
  • May 5, 2011 12:08am May 5, 2011 12:08am
long au 0722 sl 0692

moved sl in eu long at 4845 (50% fibo of the daily move, if eu go down to 4854 aka 38.2% retracement, i'll close the trade)
brax64
  • #587
  • Edited 1:24am May 5, 2011 12:27am | Edited 1:24am
close long eu at 4877 (+37)
close long au at 0717 (-5)
short gu at 6524 sl 6551
short eu at 4886 sl 4916

update 08:25gmt gu moved sl at be
eu moved sl at 4906
brax64
  • #588
  • Edited 1:06am May 5, 2011 12:30am | Edited 1:06am
EU stopped out -16 pips
edit: stop too tight, I should stick to the original rules.
  • #589
  • May 5, 2011 12:55am May 5, 2011 12:55am
not confident of taking any trade with all the news due to be released....so i will maybe just watch and enjoy unless a trade jumps out and slaps me in the face...:-)...
  • #590
  • May 5, 2011 1:18am May 5, 2011 1:18am
Hi 2pip

May I ask you which rule you are following for the stop loss? I use 25% ATR 13 period calculated on daily time frame, that, in pips, oscillate in a range between 25 to 35 for eu and gu


Quoting doublePip
EU stopped out -16 pips
edit: stop too tight, I should stick to the original rules.
brax64
  • #591
  • May 5, 2011 1:25am May 5, 2011 1:25am
Quoting brax64
May I ask you which rule you are following for the stop loss? I use 25% ATR 13 period calculated on daily time frame, that, in pips, oscillate in a range between 25 to 35 for eu and gu
nothing as fancy as that, nsk said way back on page?? to use a TP of 30-40 pips with a SL of 30-40 pips, that's what I was referring to with the original rules. I like your style by the way
  • #592
  • May 5, 2011 1:40am May 5, 2011 1:40am
close the gu short at 6478 (+46) after the spike from the bad news for the pound.
Still on the eu short from 4886 currently at +2

final update, time to sleep for me:

37 + 46 - 5 -1(close the euro short, price action seems promising nothing good on the short side)
total +77 that's it for the day.

See ya tomorrow guys!

Regards

Quoting brax64
close long eu at 4877 (+37)
close long au at 0717 (-5)
short gu at 6524 sl 6551
short eu at 4886 sl 4916

update 08:25gmt gu moved sl at be
eu moved sl at 4906
brax64
  • #593
  • May 5, 2011 1:49am May 5, 2011 1:49am
Quoting ns_karthik
great arun...after the 15M, this method tends to work very well in 1H...and u have found that...good work...of course, u will have losses but overall this will be profitable...try to combine this with white and red bars on the BV indicator and ur hit rate will get better....
Thanks Guru ... for simplistic and encouragement .....

What is BV indicator .... I personally try to create indicator for your method ... I may finish it week end [I hope ...] ...

Regards
Arun...
  • #594
  • May 5, 2011 2:12am May 5, 2011 2:12am
Quoting brax64
close the gu short at 6478 (+46) after the spike from the bad news for the pound.
Still on the eu short from 4886 currently at +2

final update, time to sleep for me:

37 + 46 - 5 -1(close the euro short, price action seems promising nothing good on the short side)
total +77 that's it for the day.

See ya tomorrow guys!

Regards
great brax....wonderful work !!
  • #595
  • May 5, 2011 2:13am May 5, 2011 2:13am
Quoting arunsideas
Thanks Guru ... for simplistic and encouragement .....

What is BV indicator .... I personally try to create indicator for your method ... I may finish it week end [I hope ...] ...

Regards
Arun...
great ...looking forward to seeing the indi....BV is bettervolume...
  • #596
  • May 5, 2011 2:17am May 5, 2011 2:17am
Quoting brax64
close the gu short at 6478 (+46) after the spike from the bad news for the pound.
Still on the eu short from 4886 currently at +2

final update, time to sleep for me:

37 + 46 - 5 -1(close the euro short, price action seems promising nothing good on the short side)
total +77 that's it for the day.

See ya tomorrow guys!

Regards
Good morning NSK, I've been popping in to look at your relaxation methods

Brilliant Brax.


I had a sell stop hit on GU and +15 pip locked in, then the news took me to +62 (not recommended!).

The EU went +3 then reversed to hit my stop at -17. Its hanging around the 4893 8/8th Extreme overbought line. In hindsight I can see my mistake being the stop was to tight and price is currently heading towards my original sell price!

Back to vacation and see you tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: Example 19.jpg Size: 162 KB
  • #597
  • May 5, 2011 2:47am May 5, 2011 2:47am
Quoting courtneywild
Good morning NSK, I've been popping in to look at your relaxation methods

Brilliant Brax.


I had a sell stop hit on GU and +15 pip locked in, then the news took me to +62 (not recommended!).

The EU went +3 then reversed to hit my stop at -17. Its hanging around the 4893 8/8th Extreme overbought line. In hindsight I can see my mistake being the stop was to tight and price is currently heading towards my original sell price!

Back to vacation and see you tomorrow.
cool courtney....good for u...:-)
  • #598
  • May 5, 2011 5:25am May 5, 2011 5:25am
Quoting ns_karthik
short on eurgbp from yesterday at 0.9010....daily pin bar supporting the trade...

moved SL to BE....ding ding...
  • #599
  • May 5, 2011 5:34am May 5, 2011 5:34am
Quoting ns_karthik
moved SL to BE....ding ding...
got out with 60 pips on the eurgbp short....ding ding...great day...
  • #600
  • May 5, 2011 7:47am May 5, 2011 7:47am
Excellent master...!
Any tips about this trade ? (we wanna know all your secrets...!!!! )

Quoting ns_karthik
got out with 60 pips on the eurgbp short....ding ding...great day...
brax64
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