vsa with Malcolm | Page 990 | 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

  • #19,781
  • May 16, 2011 10:10pm May 16, 2011 10:10pm
Quoting pres78
So Liam posted a nice example of a trigger based trade in response to a few traders asking for advice on triggers. Malc and Hidden Gap opened my eyes to the use of triggers and they are now my main Intraday trading tool. I have personally made quite a few posts on this matter showing what I look for and how I set my trigger levels not only using high volume or spread bars but also the daily open level, previous days H/L and DPP and supply / demand zones. I look for VSA set-ups to occur within on of those levels. I have taken the basic idea of triggers...
Awesome post pres78 ... those levels really hold up well with a bit of a visual backtest. I Guess you are just waiting for a reaction from the market moving away from these levels, with a low volume test or no demand bar to confirm? I have been meaning to go back through and read all your posts so I can get a good understanding of your way of doing things ... will have to wait till after work though.

Thanks,

GC
  • #19,782
  • May 16, 2011 10:21pm May 16, 2011 10:21pm
Quoting Sonofsin5
I am anticipating a massive run in the uj, the price action over the last 3-5 days has been accumulation with heavy buying.
This move seems to be starting.
  • #19,783
  • May 16, 2011 11:41pm May 16, 2011 11:41pm
hidden gap seems to have find new way to trade the market.

Primary Method: Wide Range Body (WRB) Analysis via M.A. Perry [AKA WRBTrader].
Secondary Method: Advanced Japanese Candlestick Patterns (Price Action).

I assume he's find something more intuitive than VSA?
  • #19,784
  • May 17, 2011 12:21am May 17, 2011 12:21am
EU-M30

My H4 has only 1 long bar there, and overall, for me that looks like accumulation.
Any thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: eu-m30.gif Size: 27 KB
  • #19,785
  • May 17, 2011 1:03am May 17, 2011 1:03am
Quoting juhanimi
EU-M30

My H4 has only 1 long bar there, and overall, for me that looks like accumulation.
Any thoughts?
I wouldnt call it a accumulation, take a look at daily, up bar and low volume, the previous day that had this low of volume was back on 5/3. Im personally only looking for short setups today.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.17.11.jpg Size: 150 KB
  • #19,786
  • May 17, 2011 1:05am May 17, 2011 1:05am
Quoting SimpleDev
take a look at daily, up bar and low volume,
First bar often is with low volume.
  • #19,787
  • May 17, 2011 1:17am May 17, 2011 1:17am
Quoting juhanimi
First bar often is with low volume.

We will find out, Im still learning myself, I took it as no interest to the upside, esp with the bar closing towards the middle.
  • #19,788
  • May 17, 2011 1:20am May 17, 2011 1:20am
Quoting SimpleDev
We will find out, Im still learning myself, I took it as no interest to the upside, esp with the bar closing towards the middle.
Yes, we are all learning, but does not H4 look like accumulation?
  • #19,789
  • May 17, 2011 1:35am May 17, 2011 1:35am
Quoting juhanimi
Yes, we are all learning, but does not H4 look like accumulation?
Yes that bar itself looks as if there could be some accumulation, but taken from what we have seen in the past couple of weeks, everytime we see some sort of downbar with high volume its always being sold into. Which makes me think we havent seen the bottom of this down move.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.17.11.jpg Size: 158 KB
  • #19,790
  • May 17, 2011 2:10am May 17, 2011 2:10am
Quoting GC Mintro
Hi Kinsale,

Thanks for taking the time to explain things like that. I have a question for you and malcolmb14 regarding trade management...

I've been a long time reader of FF and have followed malcolmb14 for a fair while... one thing i've never really seen much of is trade management strategy etc.

How do you manage your trades? How does Mal manage his trades? Tight trail to BE? No trail to BE? I dont think there is much scaling in or out for that matter ... but keen to hear how you do things when only going for a 1:1 r/r.

Thanks,

GC
I normally move to BE pretty quickly. Sometimes too quickly as it turns out but that's just the way it goes. I don't really have it set in stone for when and why I move to BE but it tends to be when i'm close to hitting my initial target. Sometimes i'll move to BE and let it run If i think it's a strong move. If i'm taking a trade counter trend (i know, trade with the trend etc!) i'll just leave my target at 1:1. Hope that helps a bit.
  • #19,791
  • May 17, 2011 2:34am May 17, 2011 2:34am
For instance, i now have a trigger line on EU @ 1.4157 on both the 5 and 15min chart. Both the highest volumes of this session so far anyway.
  • #19,792
  • May 17, 2011 3:32am May 17, 2011 3:32am
my usdjpy observation ...



Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_usdjpy_17_05_2011_6.jpg Size: 175 KB


enigma4x
enjoy my life ... and ride the waves - all what I do
  • #19,793
  • May 17, 2011 3:36am May 17, 2011 3:36am
Quoting KinsaleForex
For instance, i now have a trigger line on EU @ 1.4157 on both the 5 and 15min chart. Both the highest volumes of this session so far anyway.
Spot the new trigger on GU...
  • #19,794
  • May 17, 2011 4:09am May 17, 2011 4:09am
nice setup for me ...



Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_usdjpy_17_05_2011_7.jpg Size: 219 KB


may it works

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #19,795
  • May 17, 2011 4:12am May 17, 2011 4:12am
take a look at hourly volume for gold..... buy gold ftw .... too bad i don't trade gold
Attached Image (click to enlarge)
Click to Enlarge Name: gold chart.gif Size: 22 KB
  • #19,796
  • May 17, 2011 4:18am May 17, 2011 4:18am
For those interested in trigger lines, now EU have made a massive volume bar on M15, you could take trigger lines from there.
Greetings, BeLikewater
  • #19,797
  • May 17, 2011 4:30am May 17, 2011 4:30am
Quoting enigma4x
nice setup for me ...



Attachment

may it works

enigma4x

Brilliant..as always...

Sonic
  • #19,798
  • May 17, 2011 5:09am May 17, 2011 5:09am
ok, i've just drawn the 15m" WRB zone after the news for euro, and see whether there's possibility of supply/demand change in the market.

just as fast as it could happen, the gap's filled with a gotcha down bar.
i've mark the S/R gap area in 5" chart, and see how it worked with vsa principle on no demand up bar.

it's also confirmed by vsa in 15" and 30" that supply's entered the market.
Right now, 4140 is the support level with 4280 at top.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur17052.jpg Size: 75 KB
Click to Enlarge Name: eur1705.jpg Size: 112 KB
  • #19,799
  • May 17, 2011 5:20am May 17, 2011 5:20am
Hi Guys,

I think that we have a nice background for shorts forming now on EU.
On 30 we have nice buying climax right into trendline and yesterday highs. It was followed by downbar of the same size, so this buying climax had to contain lots of selling.

I will wait for start of US session and confirmation in shape of test or ND on 15min.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: eu 17.05.2011r m30.jpg Size: 120 KB
Trade what you see, not what you expect. BE LIKE WATER MY FRIEND.
  • #19,800
  • May 17, 2011 5:38am May 17, 2011 5:38am
Quoting Baniu
Hi Guys,

I think that we have a nice background for shorts forming now on EU.
On 30 we have nice buying climax right into trendline and yesterday highs. It was followed by downbar of the same size, so this buying climax had to contain lots of selling.

I will wait for start of US session and confirmation in shape of test or ND on 15min.

Cheers
i'll pay attention to that 4215.
nd or upthrust around at that level would be nice.
break of that level will look for long to 4280.
92 traders viewing now