How to Blow $200 account using VSA--- | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Why do traders blow a winning account? 31 replies

How Not To Blow Out Your Account In A Week 18 replies

My journey.. Hope don't blow my account :p 6 replies

Will a backtest fail if a trade will blow my account? 10 replies

Lessons you learn only when you blow up your account. 7 replies

Attachments: How to Blow $200 account using VSA---
Exit Attachments

How to Blow $200 account using VSA---

  • #221
  • Jun 15, 2011 12:00pm Jun 15, 2011 12:00pm
Quoting taomql4
I recommend using Mt4 Fxcm( 1st choice) or MT4 Broco Platform( variety of instruments )...Yeah , beautiful collapse .. Hit TP3 ...
Ok, thanks. i have try fxcm.com but it always redirect to forexmicrolot.com
i found fxcm.co.uk, is it the same?
i will try the broco too.

congrat! the TP3 hit
im out too early, just now i was thought close it and go bed, its midnight here.

argh too tired, im going home.
  • #222
  • Jun 15, 2011 12:04pm Jun 15, 2011 12:04pm
Quoting ycchai
Ok, thanks. i have try fxcm.com but it always redirect to forexmicrolot.com
i found fxcm.co.uk, is it the same?
i will try the broco too.

congrat! the TP3 hit
im out too early, just now i was thought close it and go bed, its midnight here.

argh too tired, im going home.
MT4 fxcm is free , I don't think you have to open a real account with them..

http://www.fxcm.com/metatrader.jsp
  • #223
  • Jun 15, 2011 7:57pm Jun 15, 2011 7:57pm
Quoting taomql4
MT4 fxcm is free , I don't think you have to open a real account with them..

http://www.fxcm.com/metatrader.jsp
yeah, i click link that you give, and it redirect me to this http://www.forexmicrolot.com/?redirect=fxcm.com
just as i try before

maybe FXCM.com just for US only, anyway i'll contact the customer support, see if i can get a demo acc there
  • #224
  • Edited 11:50pm Jun 15, 2011 8:45pm | Edited 11:50pm
* High volume downbars ( demand )
* Last down bar comes with next bar Up ( demand)
* Also Low volume test compared to last 2 bars ( Respecting a Monthly low )
* Currently trying to Test the demand

Hopefully , we test TP@ 1.42811 ........That's the next sSupport/Resistance line

Exited :
======

No test - ---
Attached Image (click to enlarge)
Click to Enlarge Name: eu 5.jpg Size: 117 KB
  • #225
  • Jun 16, 2011 9:40am Jun 16, 2011 9:40am
...................
Attached Image (click to enlarge)
Click to Enlarge Name: eg.jpg Size: 87 KB
  • #226
  • Edited 11:11am Jun 16, 2011 10:35am | Edited 11:11am
I think there's more room to sell EU ..........

* High Volume Upbar on 4 hr chart ..

15 min TF entry :

Sell orders TP:

@
TP 1 1.40724
TP 2 1.39682
TP 3 1.34271
Attached Image (click to enlarge)
Click to Enlarge Name: eu hr.jpg Size: 92 KB
  • #227
  • Jun 17, 2011 5:08am Jun 17, 2011 5:08am
Quoting taomql4
I think there's more room to sell EU ..........

* High Volume Upbar on 4 hr chart ..

15 min TF entry :

Sell orders TP:

@
TP 1 1.40724
TP 2 1.39682
TP 3 1.34271

do you mean looking for something like this?
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 17 KB
  • #228
  • Jun 19, 2011 4:34pm Jun 19, 2011 4:34pm
taomql you euro call seems intersting I am also in favour of e/u short and my entry got triggered today...........see what happens looking for 1.40 or 1.41 see if i and you got there

take care will post soon
  • #229
  • Jun 19, 2011 6:02pm Jun 19, 2011 6:02pm
Quoting ycchai
do you mean looking for something like this?
Quoting aman4forex
taomql you euro call seems intersting I am also in favour of e/u short and my entry got triggered today...........see what happens looking for 1.40 or 1.41 see if i and you got there

take care will post soon
I'm out of my Euro shorts . Did some reading over the weekend (well , it's not over..lol ) and finally settled on a better strategy ...

Only looking to get in and out of trades from High Volume areas and KEY ZONES ..Euro is in a KEY ZONE right now , so I will be patient and study the Price action .

We could test 1.4386 from there, so am out on the earlier sell order....
Attached Image (click to enlarge)
Click to Enlarge Name: eu hr.jpg Size: 92 KB
  • #230
  • Jun 20, 2011 5:49am Jun 20, 2011 5:49am
It was not good idea............I got 120 today may be it is enough with no fundamentals today in newyork session I am not fundamental trader but when you have some data it really helps. because we all are fundamentally technical traders.

right sir



Quoting taomql4
I'm out of my Euro shorts . Did some reading over the weekend (well , it's not over..lol ) and finally settled on a better strategy ...

Only looking to get in and out of trades from High Volume areas and KEY ZONES ..Euro is in a KEY ZONE right now , so I will be patient and study the Price action .

We could test 1.4386 from there, so am out on the earlier sell order....
  • #231
  • Jun 20, 2011 7:56am Jun 20, 2011 7:56am
Quoting taomql4
I'm out of my Euro shorts . Did some reading over the weekend (well , it's not over..lol ) and finally settled on a better strategy ...

Only looking to get in and out of trades from High Volume areas and KEY ZONES ..Euro is in a KEY ZONE right now , so I will be patient and study the Price action .

We could test 1.4386 from there, so am out on the earlier sell order....

Yeah, you mean this
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 17 KB
  • #232
  • Jun 20, 2011 9:08am Jun 20, 2011 9:08am
Quoting aman4forex
It was not good idea............I got 120 today may be it is enough with no fundamentals today in newyork session I am not fundamental trader but when you have some data it really helps. because we all are fundamentally technical traders.

right sir
My sell order was really in a BAD AREA ( @ 1.41614 -A demand Zone ) and realising this, I had to close it out .. I think this video might shed some light on what i was thinking..And it seems I was correct . The pain would have been too much to bear..lol


Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: eu hr.jpg Size: 75 KB
  • #233
  • Edited 9:23am Jun 20, 2011 9:11am | Edited 9:23am
Quoting ycchai
Yeah, you mean this

They have to remove those buyers (@ demand zone ) before EU can go down ..
  • #234
  • Jun 20, 2011 10:31pm Jun 20, 2011 10:31pm
Quoting taomql4
We could test 1.4386 from there, so am out on the earlier sell order....
it tested?
i will look price reaction at the area.

Quoting taomql4
They have to remove those buyers (@ demand zone ) before EU can go down ..
how to remove?
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 22 KB
  • #235
  • Jun 21, 2011 1:07am Jun 21, 2011 1:07am
Quoting taomql4
My sell order was really in a BAD AREA ( @ 1.41614 -A demand Zone ) and realising this, I had to close it out .. I think this video might shed some light on what i was thinking..And it seems I was correct . The pain would have been too much to bear..lol

http://www.youtube.com/watch?v=qz7izS84Jpk
i think i learned something here
  • #236
  • Jun 23, 2011 6:00am Jun 23, 2011 6:00am
Quoting taomql4
I think there's more room to sell EU ..........

* High Volume Upbar on 4 hr chart ..

15 min TF entry :

Sell orders TP:

@
TP 1 1.40724
TP 2 1.39682
TP 3 1.34271

Is this still valid?

Im out of trade, will look price reaction in the box for new entry
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 23 KB
  • #237
  • Jun 23, 2011 11:41pm Jun 23, 2011 11:41pm
didnt trade yesterday, the price push through box that i draw, i thought there was support area

now, i saw very high volume up bar, what could it mean?

hunt SL before another down run？
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 23 KB
  • #238
  • Jun 24, 2011 9:26am Jun 24, 2011 9:26am
Went short on GU on 1 hr TF......

will post chart later .......

TP @ 1.5857 ..
  • #239
  • Jun 24, 2011 9:51am Jun 24, 2011 9:51am
Quoting ycchai
didnt trade yesterday, the price push through box that i draw, i thought there was support area

now, i saw very high volume up bar, what could it mean?

hunt SL before another down run?
Reactions to both Supply and Demand Areas .They were not interested in absorbing the supply ......That's why you have the climatic Upbar (selling ..)
Attached Image (click to enlarge)
Click to Enlarge Name: supply & demand.jpg Size: 87 KB
  • #240
  • Jun 24, 2011 10:23am Jun 24, 2011 10:23am
Currently trying to absorb demand ..Great Opportunity to open another short If the next 1 hr candle closes down....( Successful Test ...)
Attached Image (click to enlarge)
Click to Enlarge Name: supply & demand.jpg Size: 85 KB
2 traders viewing now