vsa with Malcolm | Page 1019 | 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

  • #20,361
  • May 25, 2011 6:28am May 25, 2011 6:28am
Quoting pres78
His sequences are 3 bars and can be picked up just as easily by eye if you want to test them or back test them. Gavin will create and EA to recognize the sequences not because he wants to help everyone become better traders but because he is a salesman and wants to sell you a product.
Yes, I know and that's the reason why I prefer to code it myself rather than pay for an EA that would hardly give good results :-)

By the way, have you been able to find some of those sequences already?

What I don't understand is how specific the numbers are. If a sequence contains the SOW 198 (No Demand, but I'm not sure), for example, is it also valid if there is No Demand but the SOW is a different number?
  • #20,362
  • May 25, 2011 6:31am May 25, 2011 6:31am
Quoting dvarrin
On my side I'm only curious to see if there is something interesting regarding the sequences Gavin is talking about. He said that they were coding an expert to recognize them and I wanted to do too. Only curious, but for sure I don't want to put too much effort on the creation of an EA, because I made my experience regarding the use of EAs already ;-)

I agree with pres, the indications made by tradeguider are a selling point for the system, im a bit dubious as to how beneficial they are to becoming a better trader. ALL YOU NEED IS MASTER THE MARKETS. And screen time.
  • #20,363
  • May 25, 2011 6:33am May 25, 2011 6:33am
Quoting dvarrin
Yes, I know and that's the reason why I prefer to code it myself rather than pay for an EA that would hardly give good results :-)

By the way, have you been able to find some of those sequences already?

What I don't understand is how specific the numbers are. If a sequence contains the SOW 198 (No Demand, but I'm not sure), for example, is it also valid if there is No Demand but the SOW is a different number?
I've only read it once so I honestly haven't tried looking for any of the set-ups. I don't fully get why he has multiple #'s for ND's and UT's for example.

Like I said I haven't looked so not sure. Still just trading the way I always have using background, triggers and a set-up at the trigger.
Today's zone = Tomorrow's opportunity!
  • #20,364
  • May 25, 2011 6:43am May 25, 2011 6:43am
Quoting dvarrin
Yes, I know and that's the reason why I prefer to code it myself rather than pay for an EA that would hardly give good results :-)

By the way, have you been able to find some of those sequences already?

What I don't understand is how specific the numbers are. If a sequence contains the SOW 198 (No Demand, but I'm not sure), for example, is it also valid if there is No Demand but the SOW is a different number?
Dvarrin man, you're over complicating things and so are they by having 15 different numbers for a ND. Ignore the numbers. Just look at the set up, be it Shakeout / reaction / test or whatever.


Quoting NaughtyPip
I agree with pres, the indications made by tradeguider are a selling point for the system, im a bit dubious as to how beneficial they are to becoming a better trader. ALL YOU NEED IS MASTER THE MARKETS. And screen time.
Put it this way, i have the indicators turned off in TG.
  • #20,365
  • May 25, 2011 6:44am May 25, 2011 6:44am
Quoting pres78
I've only read it once so I honestly haven't tried looking for any of the set-ups. I don't fully get why he has multiple #'s for ND's and UT's for example.

Like I said I haven't looked so not sure. Still just trading the way I always have using background, triggers and a set-up at the trigger.
I've a question about the triggers and a setup at the trigger. Do you take them in any direction? Are you looking at higher timeframes? Do you have some more conditions used as a filter for what looks good or not? I'm doing the same, but often all I could make in a trade is lost because I entered the next one in the wrong direction.
  • #20,366
  • May 25, 2011 6:57am May 25, 2011 6:57am
Quoting dvarrin
I've a question about the triggers and a setup at the trigger. Do you take them in any direction? Are you looking at higher timeframes? Do you have some more conditions used as a filter for what looks good or not? I'm doing the same, but often all I could make in a trade is lost because I entered the next one in the wrong direction.
Generally a trigger is used to trade in either direction. I think if you post some charts of trades that went right and trades that went wrong we can have a go at pointing you in the right direction. Also, sometimes, it just won't work as expected. This isn't going to be 100% right every time.
  • #20,367
  • May 25, 2011 7:05am May 25, 2011 7:05am
Quoting KinsaleForex
Generally a trigger is used to trade in either direction. I think if you post some charts of trades that went right and trades that went wrong we can have a go at pointing you in the right direction. Also, sometimes, it just won't work as expected. This isn't going to be 100% right every time.
Ok, ty KinsaleForex. I'll post some of the setups I took.
  • #20,368
  • May 25, 2011 7:22am May 25, 2011 7:22am
Hi!, been a while since i've posted here, just been lurking and learning...

took a short on EU @4075, 30M ND in area of prior weakness just before NY open. Area is also DPV. Also 4hr looks weak with the london 4Hr bar looking like a no buying pressure, having the lowest 4hr volume of the week for the same time period.

Thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: EU M30 2011-05-25 at 8.17.25 AM.png Size: 60 KB
Change is the only constant
  • #20,369
  • May 25, 2011 7:27am May 25, 2011 7:27am
Does anyone else find it significant that the highest V bars in the last two days have all been up bars?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.jpg Size: 114 KB
  • #20,370
  • May 25, 2011 7:34am May 25, 2011 7:34am
Quoting tgwhbb
Hi!, been a while since i've posted here, just been lurking and learning...

took a short on EU @4075, 30M ND in area of prior weakness just before NY open. Area is also DPV. Also 4hr looks weak with the london 4Hr bar looking like a no buying pressure, having the lowest 4hr volume of the week for the same time period.

Thoughts?
I am waiting NS around 1.4050.
  • #20,371
  • May 25, 2011 7:35am May 25, 2011 7:35am
Okay, I haven't been to the Tradeguider site (sites) in awhile so I was a bit confused by the video I mentioned earlier.

Did Gavin write more than just one book? He talks about his second book. I was thinking that MTM was the first (even though he did not write it).

He spoke about a sequence of signals then said that they can appear in any order. Isn't that the opposite of what a sequence is? Sounds more like a series of singals as opposed to a sequence of signals.

The "sequence" that was always been talked about starts with ultra high volume, say on an up bar. Which we can call Supply entering or a buying climax. Followed by an Up Thrust and then our old friend No Demand. Yet, in truth, the No Demand and the Up Thrust could flip flop position. So that too means it is more of a series than a sequence.

Where am I confused?
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #20,372
  • May 25, 2011 7:37am May 25, 2011 7:37am
Quoting juhanimi
I am waiting NS around 1.4050.
closed the short for a quick 20. didn't like the hesitation at 4050 which is the top of the lv test on 4HR. see attached. 4HR seems to indicate up, but hte no buying pressure bar is making me doubt it...
Attached Image (click to enlarge)
Click to Enlarge Name: Eu H4 2011-05-25 at 8.31.59 AM.png Size: 49 KB
Change is the only constant
  • #20,373
  • May 25, 2011 7:40am May 25, 2011 7:40am
Quoting tgwhbb
Hi!, been a while since i've posted here, just been lurking and learning...

took a short on EU @4075, 30M ND in area of prior weakness just before NY open. Area is also DPV. Also 4hr looks weak with the london 4Hr bar looking like a no buying pressure, having the lowest 4hr volume of the week for the same time period.

Thoughts?
I see the 30 min no demand candle your talking about, but look 3 candles before it and there is strength there.
  • #20,374
  • May 25, 2011 7:41am May 25, 2011 7:41am
Quoting HiddenGap
Okay, I haven't been to the Tradeguider site (sites) in awhile so I was a bit confused by the video I mentioned earlier.

Did Gavin write more than just one book? He talks about his second book. I was thinking that MTM was the first (even though he did not write it).

He spoke about a sequence of signals then said that they can appear in any order. Isn't that the opposite of what a sequence is? Sounds more like a series of singals as opposed to a sequence of signals.

The "sequence" that was always been talked about starts with ultra high volume,...
As you're aware, he released his book the other day but there are two volumes to it. Tits of the smart money and explaining VSA being the first and then vol 2 contains all the sequences that he's been talking about recently.
  • #20,375
  • May 25, 2011 8:15am May 25, 2011 8:15am
Quoting NaughtyPip
I see the 30 min no demand candle your talking about, but look 3 candles before it and there is strength there.
i saw that too, but my interpretation is as follows: WRB down bar closing in bottom 3rd on high volume, but not UHV, some strength, but not much. next up bar is on quite low volume, not much strength there either. up move was also on lowering volume up to the ND.

IMo weakness on top is stronger. but i'm flat right now so its easy to say that
Change is the only constant
  • #20,376
  • May 25, 2011 8:26am May 25, 2011 8:26am
Quoting V_2008
..I have watched this video. And what confused me, are 2 down bars with UHigh volume. After first one we have testing. So why Gavin wants the price to go down? If I were in this market I would be watching for buy signals after those SOS.
Here's another look at the chart. I don't see any high volume down bars until the ones I have marked. By this time, you would be short. Now since the trend is obviously down, you would not be looking to get long on these bars. You would only be looking to exit a position or wait for the trend to turn and give you another test bar.

What Gavin does do on those high volume down bars is go to a smaller time frame and look for additional signs of weakness.

The key is to that Gavin is almost never going to take a trade in the opposite direction of the trend. That means the diamonds will almost always be red when he shorts and green when he buys. Price will almost always be above the diamonds when he is long and below when he is short. And of course the bars will be colored blue when long and red when short.

VSA can pick tops and bottoms, but it is ultimately more effective as a trend following methodology (that last part was for me, not for you, but I hope it helps. ).
Attached Image (click to enlarge)
Click to Enlarge Name: ex 2.png Size: 143 KB
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #20,377
  • May 25, 2011 8:33am May 25, 2011 8:33am
Organizing my Folders, I have found a little Jewel, that anyone interested in clear his Mind about the VSA signals should read -> http://www.4shared.com/document/S0UL...ide_v1011.html

PD: Please someone could put a link to the 2nd book of Gavin, I downloaded it but now it seems that its hiding from me.
Greetings, BeLikewater
  • #20,378
  • May 25, 2011 8:37am May 25, 2011 8:37am
Quoting HiddenGap
Here's another look at the chart. I don't see any high volume down bars until the ones I have marked. By this time, you would be short. Now since the trend is obviously down, you would not be looking to get long on these bars. You would only be looking to exit a position or wait for the trend to turn and give you another test bar.

What Gavin does do on those high volume down bars is go to a smaller time frame and look for additional signs of weakness.

The key is to that Gavin is almost never going to take a trade in the opposite direction of...
Hey HG,

Dont take any offence to this mate, but 2 Minutes charts?
I think the only reason why gavin trades the 2 minute is so he can show at least some trading in a webinar.

Personally i have experienced soooooo much noise of lower timframes e.g. 3 minutes. i generally use 5 minute charts nowdays to get in but thats it.

Happy trading!!!
  • #20,379
  • May 25, 2011 8:49am May 25, 2011 8:49am
Some kind of scanner for the diamonds only. Feel free to improve it.
Attached File(s)
File Type: mq4 Vsa_Scan_1C.mq4   5 KB | 651 downloads
  • #20,380
  • May 25, 2011 8:57am May 25, 2011 8:57am
Hi all,
I would like to share my analysis en 2 stocks, and would welcome any critics,
This post will point out the need to use multiple time frames ( IMO ).

As you will see the two stocks are in a similar position, bottom of a range, in a subsequent up trend. Both exhibit a huge down bar with ultra high volume, and thereafter we see some test bar.

Please first look only at the daily chart:
DISNEY: at the start of the range we see a very bearish candle, and indeed this action stop the advance and start a range. Earlier this month we saw a large down bar with ultrahigh volume showing some accumulation. 8 bar later we see a nice test, so this is bullish. And I’m looking for a least revisit the high of the trading range.
BOSTON SC CORP
Kind of the same price action, with on a daily chart an even more bullish situation: large red marabuzo with ultra high volume and 2 bar later a test! A test that fail of course but lets imagine that we don’t know that already
My conclusion on the basis of the daily chart is that Boston science corp is a better buy.
Now let’s look at the hourly chart,
DISNEY: the hourly picture give sign of accumulation, the huge red candle is on ultra high volume and even if the following up thrust ( 1 bar later) is not looking good, 6 bar later we see a hammer type bar with again very high volume, so I think that the there is definitely accumulation. This sent the market sideway and I’ll look for a test on the daily
BOSTONSC CORP
Clearly the picture is not as bullish as it is in the daily chart, when we go down in timeframe we see that in fact the volume appears on on an up bar (shooting star type). This is clearly not a good sign. Then the stock starts a slow downward sloping move. I will be looking for a no demand daily to go short
From what I analyze, it seems that the use of multiple timeframe is necessary, not only to determine the big picture, but also to determine where the volume precisely happens.

I would really appreciate your comments, on both my analysis and the use of multiple timeframe to look more closely into the price action.

Have a good trading day!
Sambo
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DISNEY_daily.jpg Size: 75 KB
Click to Enlarge Name: BOSTONSC_daily.jpg Size: 79 KB
Click to Enlarge Name: DISNEY_hourly.jpg Size: 70 KB
Click to Enlarge Name: BOSTONSC_hourly.jpg Size: 64 KB
19 traders viewing now