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Trading VSA the way NSK does

  • #641
  • May 6, 2011 10:54pm May 6, 2011 10:54pm
Quoting pinoyboy
Up 100 pips so far on estimation...keep going.

so you're happy to brag about your positive pips but you haven't been polite enough to answer NSK's question of where your original s/l was, and where it is now moved to...

your arrogance in your signature is quite uncalled for..
Catching a falling knife, no, I'm just trading the Gartley!
  • #642
  • May 6, 2011 11:47pm May 6, 2011 11:47pm
Quoting pinoyboy
Up 100 pips so far on estimation...keep going.
whatever ur SL, it should have been hit by now i guess....unless u had a 600 pip SL and now moved it to 400 pips...:-)
  • #643
  • May 6, 2011 11:48pm May 6, 2011 11:48pm
Quoting arunsideas
Hi Guru ...

Please check this Screen Shot ... if it ok then i ll post my indicator ....

If not then clear me ....

Attachment

Regards

Arun...
hi Arun,
can you explain the chart?
  • #644
  • May 6, 2011 11:49pm May 6, 2011 11:49pm
Quoting ChinaWombat
so you're happy to brag about your positive pips but you haven't been polite enough to answer NSK's question of where your original s/l was, and where it is now moved to...

your arrogance in your signature is quite uncalled for..
a classic case of catching the falling knife...
  • #645
  • May 7, 2011 12:45am May 7, 2011 12:45am
Quoting ns_karthik
hi Arun,
can you explain the chart?
"When volume increase and price moves up, it means that lot of selling is happing as price moves up, so you can afford to short it with stoploss of 30-40 pips and takeprofit of 30-40pips"

for this i ll capture the first bar close which volume is low compared to average

volume, and average volume of previous bar greater than previous of that bar's

average volume ...

For Eg: If market moving up and average volume also getting up [we expecting short]

My indicator shows diamond in the close price when current bar volume is lower than average volume. if next bar getting down and

went below the diamond we are conforming short.

vise versa for long ...

Here I didnt mention time filter ... cos it can be used reversal entry also...

Hope I just explained clearly ....

Regards

Arun...
  • #646
  • May 7, 2011 2:43am May 7, 2011 2:43am
Quoting ns_karthik
a classic case of catching the falling knife...
which can be very dangerous without supporting fib confluences...
Catching a falling knife, no, I'm just trading the Gartley!
  • #647
  • May 7, 2011 9:51am May 7, 2011 9:51am
This method certainly doesnt use VSA but it's nice to see traders using volume to help their trading.

Well done Karthik. If I can be of assisstance to anyone please PM me.
  • #648
  • May 7, 2011 10:04am May 7, 2011 10:04am
Quoting Intel
This method certainly doesnt use VSA but it's nice to see traders using volume to help their trading.

Well done Karthik. If I can be of assisstance to anyone please PM me.
thanks Intel....one of the traders that i respect....actually, my advanced techniques do use VSA but i found that people find it a bit difficult to understand it....so i just gave them a method which is easy for them to follow and make pips...thanks for popping in...:-)..
  • #649
  • May 7, 2011 10:06am May 7, 2011 10:06am
Quoting arunsideas
"When volume increase and price moves up, it means that lot of selling is happing as price moves up, so you can afford to short it with stoploss of 30-40 pips and takeprofit of 30-40pips"

for this i ll capture the first bar close which volume is low compared to average

volume, and average volume of previous bar greater than previous of that bar's

average volume ...

For Eg: If market moving up and average volume also getting up [we expecting short]

My indicator shows diamond in the close price when current bar volume is lower...

hi arun, can u post a clearer chart...i am unable to see the price bars/candles properly....u can also post the indi...those who want to use it can try it out...
  • #650
  • May 8, 2011 8:57pm May 8, 2011 8:57pm
Good morning all guys/gals,

just watching charts in the Tokyo morning; eu looks going close to resistance line in the 1hour chart, volume is slowly rising with price.
When/if we get close to that line if will be a significant rise on volume could be an opportunity to short the euro.
I would like to hear from you...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: resistence euh1.jpg Size: 134 KB
Click to Enlarge Name: resistence eum15.jpg Size: 118 KB
brax64
  • #651
  • May 8, 2011 11:51pm May 8, 2011 11:51pm
Quoting brax64
Good morning all guys/gals,

just watching charts in the Tokyo morning; eu looks going close to resistance line in the 1hour chart, volume is slowly rising with price.
When/if we get close to that line if will be a significant rise on volume could be an opportunity to short the euro.
I would like to hear from you...

yes, i do see a strong resistance at 1.4400 but havent seen a huge increase in volume to support the short yet...so will wait....
  • #652
  • Edited 12:43am May 9, 2011 12:09am | Edited 12:43am
Quoting ChinaWombat
so you're happy to brag about your positive pips but you haven't been polite enough to answer NSK's question of where your original s/l was, and where it is now moved to...

your arrogance in your signature is quite uncalled for..
First of all, sorry if I did not update every thread. I also was in the EURUSD primarily, but decided to drop in here. It was also not meant to brag but more of joy of indicating that my read on the Volume at the time was a valid read. Can someone be joyful without having to be arrogant? And for your info here was my update.

http://www.forexfactory.com/showthre...39#post4599539
http://www.forexfactory.com/showthre...34#post4600234

As you will see, I did not end up with 100 for the trade but it was a positive and I explained my approach to assist someone else; I even titled my follow up post as "Moving Stop Loss" Was that not clear? Its included on the title to my previous post here, and above reference links. As far as my method to how much and when to move SL, it's discretionary just like trading in general but I like to preserve at least 25%-50% of my gain at least. No I didn't initially update this thread but I did update the other thread.

Lastly, ChinaWombat, get off your high horse your vouches don't mean jack. All my postings have been friendly and have not meant any harm but you take things out of context continuously. Learn to read English before you critic again. You my friend have issues.

As far as my signature, take it as you want it. I just like to point out to others that we are here to learn and just because certain people have 2+ vouches doesn't mean that they're experts in their own trading. It is more directed for newbies.
  • #653
  • May 9, 2011 12:16am May 9, 2011 12:16am
Quoting pinoyboy
First of all, sorry if I did not update every thread....

ahh...the thread is now complete....the only thing that this thread didnt have was a fight.....all other threads have fights....this thread was moving along too smoothly to be true....now, we have an argument....with each person having had a say, i guess its time to out an end to this....leave it guys....trading is hard and stressful enough...no need to make it harder by having these arguments....plssss....
  • #654
  • May 9, 2011 12:19am May 9, 2011 12:19am
as always, we begin the day with some relaxation....take a deeep breath...:-)...
Attached Image (click to enlarge)
Click to Enlarge Name: sneha0097.jpg Size: 123 KB
  • #655
  • May 9, 2011 12:39am May 9, 2011 12:39am
Quoting pinoyboy
It is more directed for newbies.
not sure why you're so touchy about vouchers (apart from the fact you don''t have any)...i never sought mine and apart from allowing members to open a thread they don't concern me, maybe you should grow up and adopt the same attitude

a) as I mentioned previously to you, nsk has a thread about the way he trades using volume and price... you're not providing anything in the way of education to the other readers of this thread in that regard

b) your reading of volume is wrong and you're doing nothing in line with the basics of VSA so you will give "newbies" the wrong information in their understanding of VSA which may provide them an unfortunate introduction to VSA

c) you're entering a position on pure volume without regard to the background or price. even a broken watch is right twice a day so please don't tell me the position was up 100 pips... i don't care about individual trades, it's the methodology that is important for the next 1,000 trades.

d) there are already members on this thread that are appreciating nsk method, which i think is more VPA and VSA (but that could be semantics) and are grabbing pips. Out of respect for them then please post in line with NSK method. That's all I asked for previously.

and apologies to nsk for being off topic
Catching a falling knife, no, I'm just trading the Gartley!
  • #656
  • Edited 12:29pm May 9, 2011 12:53am | Edited 12:29pm
Ok, I will not even argue with you on this thread out of respect to NSK. I'll just continue to post in the Interactive section where it is appropriate.

Here's a friendly challenge though of your skills and knowledge of VSA and trading. Starting anytime today, I'll open a Trade Explorer and I suggest you do the same; even DEMO account will work if you are concerned about your REAL account. I'll keep it up-to-date for the week / month. We'll see who's method works for them. Let's see if your vouches hold up or if you are just another "talker." Good Luck to this thread NSK. ChineseWombat, I'll have my Trade Explorer and I suggest you do the same; otherwise, shut down your mouthing off if you are not going to agree to the friendly challenge. I'll open one with 5K and 50:1 leverage, largest gains for week/month is goal. My 1 year experience vs your years and wisdom of trading.

UPDATE: I was born in US Mr. Racist and as I thought, the challenge hurt another "expert's" feelings. The challenge brought racism on - wonderful quality CWombat, you showed your true color eventually. And as thought, he refuses the friendly challenge, oh well, another fake.
  • #657
  • May 9, 2011 1:05am May 9, 2011 1:05am
to pinoby and chinawhatever

please do me a favour and also to the other respectful people... GET OUT OF HERE IF YOU HAVE JUST PEAK ON EACH OTHER!

Thanks a lots..
brax64
  • #658
  • May 9, 2011 1:14am May 9, 2011 1:14am
Quoting pinoyboy
largest gains for week/month is goal.
sigh... this isn't a game pinoyboy....this is a real income stream for me

i'm sure you will 'beat me'and generate supersize returns to me with all your experience,
http://www.forexfactory.com/showpost...80&postcount=1 , and you probably have a bigger d*ck as well, returns over a week or month are pointless...come back in 2 years time and lets see who has earned an income that paid of the house, enjoyed a few annual 3 week vacations in your corrupt home land and probably paying of your sister(s) for a few hours of fun each night

stop polluting this thread muppetboy
Catching a falling knife, no, I'm just trading the Gartley!
  • #659
  • May 9, 2011 1:15am May 9, 2011 1:15am
Quoting brax64
to pinoby and chinawhatever

please do me a favour and also to the other respectful people... GET OUT OF HERE IF YOU HAVE JUST PEAK ON EACH OTHER!

Thanks a lots..
brax, i want this thread back on topic as much as you do...
Catching a falling knife, no, I'm just trading the Gartley!
  • #660
  • Edited 1:52am May 9, 2011 1:23am | Edited 1:52am
just to come back on topic... short eu at 4412...

update, 06:30gmt moved stop loss 4435

update, 06:50gmt closed at 4380 (+32) - Not sure about pa...
brax64
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