vsa with Malcolm | Page 974 | 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

  • #19,461
  • May 9, 2011 5:21pm May 9, 2011 5:21pm
Looks like POMO did its job today ... big hand for the feds .. 1335 es held went ripping to 1345 in 30 min and then distributred rest of day.

I am looking forward to getting home this evening and have a look at today volumes in that 1345 area .

I am still looking for that big move as long as that weakness in background holds ( ut friday) , 1350 is key
Blogging daily now at www.volume.zone
  • #19,462
  • May 9, 2011 6:48pm May 9, 2011 6:48pm
Hi all,

I would like to ask you what do you think of the ES, I'm only trading end of day ,

here is my analysis :

the green Ellipse on my chart looks like a stopping volume bar, with high volume close off the low, this happened right at the previous top. So it is kind of a rejection

Thereafter, ( Ellipse +1 ) upthrust, even if supply has overcome demand there is high volume so demand was there,
next bar is no demand (Ellipse +2) , testing this volume of the previous bar and it seems that there is no buyer.


For me even if the last bar are definitely bearish, with the stopping volume, the active trend chanel, I still have a bullish view on the market. I will buy the breakout of the high of the No demand bar (today).

I think this is an interesting chart, because the background and the last action are completely telling a different story.

I would be glad to here your view on this chart

Thanks in advance, and have good trading day

Sambo
  • #19,463
  • May 9, 2011 6:50pm May 9, 2011 6:50pm
with the chart ...
Attached Image (click to enlarge)
Click to Enlarge Name: ES.jpg Size: 130 KB
  • #19,464
  • May 9, 2011 7:52pm May 9, 2011 7:52pm
The up move today may have been due to pomo after the bond auction...

it defo got sold into on a 30 min chart and several bars later we had another ut.

Do not be surprised to see more weakness in the es , but overall it does not quiet seem ready to drop yet .... June may be the month

Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2011-05-09 at 5.37.03 PM.png Size: 284 KB
Blogging daily now at www.volume.zone
  • #19,465
  • May 9, 2011 10:01pm May 9, 2011 10:01pm
sorry could you please explain what is pomo and defo? thanks ...
  • #19,466
  • Edited 1:57am May 10, 2011 1:44am | Edited 1:57am
took one short trade @4335, below no demand bar, 30 min chart.
TP was hit at previous reaction low @4275, where potential testing might occured.
Attached Image (click to enlarge)
Click to Enlarge Name: shortEU.gif Size: 27 KB
  • #19,467
  • May 10, 2011 2:11am May 10, 2011 2:11am
Quoting PipPipPip
i am looking more at 1.4310 at the 1hr trigger from yest, where PA took off like a rocket. if we do go down to 1.4310 there might be a possible SO downward spike to your target, which could be a nice entry for a long.

i wanted to see another this year's high, and it did. i am still longterm bull biased to 1.47 through 1.5

from here, i would like to see some testing and NS on the 15m and hourly. any entry off confirmation down below from here would be good.

and so it is true, the bull run is not yet over...
A trade I took on april 20th.

Looks like we are back at this level before eur took off.
  • #19,468
  • May 10, 2011 4:13am May 10, 2011 4:13am
gu looks to be accumulating
  • #19,469
  • May 10, 2011 4:17am May 10, 2011 4:17am
Quoting apple_sauce
gu looks to be accumulating
I'm already long on it. That 15min upthrust doesn't look too healthy though.
  • #19,470
  • May 10, 2011 4:40am May 10, 2011 4:40am
Quoting KinsaleForex
I'm already long on it. That 15min upthrust doesn't look too healthy though.
Just tested the trigger at 1.6352 so i'm happy to stay in for now. In fact if i wasn't already in i'd have probably bought on the 5min bar just gone.
  • #19,471
  • May 10, 2011 5:49am May 10, 2011 5:49am
Quoting KinsaleForex
Just tested the trigger at 1.6352 so i'm happy to stay in for now. In fact if i wasn't already in i'd have probably bought on the 5min bar just gone.
Nevermind, got stopped out.
  • #19,472
  • May 10, 2011 8:11am May 10, 2011 8:11am
hope some of you caught that no demand on 5 min just now.
  • #19,473
  • May 10, 2011 8:41am May 10, 2011 8:41am
Quoting NaughtyPip
hope some of you caught that no demand on 5 min just now.
Of course ....... NOT me :-((((((
  • #19,474
  • May 10, 2011 8:49am May 10, 2011 8:49am
Quoting dvarrin
Of course ....... NOT me :-((((((

Lol - just keep watching your charts everyday and dont give up, you will start to notice things that improve your decision making.
  • #19,475
  • May 10, 2011 8:57am May 10, 2011 8:57am
Quoting NaughtyPip
hope some of you caught that no demand on 5 min just now.
I can't see which bar you're talking about? 13:50 bar? It's down on my chart but may well have closed up on someone else's.
  • #19,476
  • Edited 9:28am May 10, 2011 9:00am | Edited 9:28am
Quoting NaughtyPip
hope some of you caught that no demand on 5 min just now.
i can see the bar you are talking about but doubt i would have spotted that and shorted it, i cant usually see them until after they happen lol. even if i did see it, there is no way id have sold that because it had just broken out of its range to make a fresh hourly and daily high! if anything id have been looking for a bounce from 4370-75 where the previous tops were so i may have got that all completely wrong.

looking for a possible long now this hourly is about to close, i think we may see 4430 before end of day but ill take 4375 if i must, might be getting bought off 4325, 4 bounces from there now.
  • #19,477
  • May 10, 2011 9:25am May 10, 2011 9:25am
Quoting KinsaleForex
I can't see which bar you're talking about? 13:50 bar? It's down on my chart but may well have closed up on someone else's.

13:50 thats the one yep. Close up on my chart.
  • #19,478
  • May 10, 2011 9:37am May 10, 2011 9:37am
Quoting ewokuk
i can see the bar you are talking about but doubt i would have spotted that and shorted it. and even if i did see it, there is no way id have sold that because it had just broken out of its range to make a fresh hourly and daily high! if anything id have been looking for a bounce from 4370-75 where the previous tops were.

looking for a possible long now this hourly is about to close, i think we may see 4430 before end of day but ill take 4375 if i must, might be getting bought off 4325, 4 bounces from there now.
I'm talking about the 13.50 gmt bar on 5 min chart marked red- look at all the bull candles, they are all lower volume. And every bull candle towards that top was engulfed by a bear candle on higher volume. Also if you go to 1 hour time frame, we are just ranging again within the highest vol widespread bar from yesterday, and todays high tested the top of it and rejected it. This is the way i look at it anyway, and from a 5 min chart, im only looking for a few pips - nothing big..
Attached Image (click to enlarge)
Click to Enlarge Name: eu 5 min.JPG Size: 112 KB
  • #19,479
  • May 10, 2011 10:13am May 10, 2011 10:13am
Good morning.

Looks like some volume accumulation at these bottom levels.
  • #19,480
  • May 10, 2011 11:14am May 10, 2011 11:14am
check 60 ... there is a trigger line from last friday 1.4380.... we are getting much supply in that area still and cannot get above the potential stopping volume.

My bet is this is some kind of bear flag , max 1.4450 , then droppage to 1.4100 area by end of week on some bad news.

The es is being sold off that 1350 area . same area we saw supply last friday .... very interesting. I will review 12 hour chart for es today when i get home

Quoting PipPipPip
Good morning.

Looks like some volume accumulation at these bottom levels.
Blogging daily now at www.volume.zone
79 traders viewing now