VSA with Clifton | Page 10 | 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

E/J VSA +30 a day 3 replies

VSA broker history change datas 11 replies

Attachments: VSA with Clifton
Exit Attachments

VSA with Clifton

  • #181
  • Jul 6, 2011 9:47am Jul 6, 2011 9:47am
So, everyone knows my bias is buying the dips. Here is the things i've experienced to see when the SM unwind their positions. This I've said before, they drags prices slowly so that it looks very messy, on low volume. Then finally push it up to cause a spring before dropping it hard. We experienced it this week again. This's because sm unwinding their positions, not because their bias has been changed. They are still bullish eu, it's being support by very big volume last week.

The Moody downgrade and the fact that all my friends calls me to short it helps me firm up my stance.

I expect 1.49 this month

http://i1224.photobucket.com/albums/...inluv/eu21.gif
  • #182
  • Edited Jul 7, 2011 2:09am Jul 6, 2011 10:35pm | Edited Jul 7, 2011 2:09am
guys, TheLastCoke invited me to participate in his competition http://www.forexfactory.com/showthre...90#post4757790
Let's participate and show your chart-reading skills

As you can see, most senior, 10+vouch ff members short eu but vsa is to be contrarian. I could be an idiot going against the trend but that's what i see according to my understanding on vsa

EU UPDATE:

http://i1224.photobucket.com/albums/...inluv/eu22.gif
  • #183
  • Jul 7, 2011 8:13am Jul 7, 2011 8:13am
Quoting duyk20
guys, TheLastCoke invited me to participate in his competition http://www.forexfactory.com/showthre...90#post4757790
Let's participate and show your chart-reading skills

As you can see, most senior, 10+vouch ff members short eu but vsa is to be contrarian. I could be an idiot going against the trend but that's what i see according to my understanding on vsa

EU UPDATE:
Demand certainly showed up, but lower it went. Now, the bounce off 1.4220 had some serious volume. I'm willing to bet a small risk long if I get a setup. Perhaps one forming now.
  • #184
  • Jul 7, 2011 8:51am Jul 7, 2011 8:51am
Quoting Clifton
Demand certainly showed up, but lower it went. Now, the bounce off 1.4220 had some serious volume. I'm willing to bet a small risk long if I get a setup. Perhaps one forming now.
I've been eying that one as well, however I like the one forming on GU better because it is into weekly demand.

EU's daily demand is still 100 pips south
  • #185
  • Jul 7, 2011 8:55am Jul 7, 2011 8:55am
Here's the way I'm seeing it. I'm only attempting to pick a bottom due to the very high stopping volume seen on the 1hr TF and below. There has not been an accumulation phase, but I suspect with the buying that went on into the down move it wont need to. I put on half my total position at the aggressive entry marked.

http://img580.imageshack.us/img580/3563/eusetup7.gif
  • #186
  • Jul 7, 2011 8:58am Jul 7, 2011 8:58am
Quoting frankkn
I've been eying that one as well, however I like the one forming on GU better because it is into weekly demand.

EU's daily demand is still 100 pips south
yes, but look at eur/gbp chart.
  • #187
  • Jul 7, 2011 9:04am Jul 7, 2011 9:04am
Quoting Clifton
yes, but look at eur/gbp chart.
Never occurred to me, excellent point. Looks like you're in the money on this one bro big ups to you.
  • #188
  • Jul 7, 2011 9:15am Jul 7, 2011 9:15am
Quoting Clifton
Demand certainly showed up, but lower it went. Now, the bounce off 1.4220 had some serious volume. I'm willing to bet a small risk long if I get a setup. Perhaps one forming now.
wow, serious volume on 1h. I like the way it bounces off. Keep the long, Clifton, I guess it should go now. SM's been playing crap the whole week.
  • #189
  • Jul 7, 2011 9:18am Jul 7, 2011 9:18am
good morning all. thanks clifton for another vsa thread. its good to have another one to get more insights.

on the other hand, i'll contribute as my first post. 30 minute on ny open has uhv of buyers coming in.
  • #190
  • Jul 7, 2011 9:29am Jul 7, 2011 9:29am
EU update: Testing of the very important preliminary support now, break the level and then upper channel, eu should fly

Mistake on chart: Should be Preliminary support, not primary support.

http://i1224.photobucket.com/albums/...inluv/eu24.gif
  • #191
  • Jul 7, 2011 9:41am Jul 7, 2011 9:41am
Quoting duyk20
EU update: Testing of the very important preliminary support now, break the level and then upper channel, eu should fly

Mistake on chart: Should be Preliminary support, not primary support.

http://i1224.photobucket.com/albums/...inluv/eu24.gif
ya, 1.4320 was my confirmation point. Now, ill wait for no supply entries.
  • #192
  • Jul 7, 2011 9:43am Jul 7, 2011 9:43am
Shit popped off today

GU hasn't budged and Cliff's trade ran to the moon. She busted the push level and didn't retrace enough for me, although she did show a nice NS. That's the price of being a conservative trader.
Attached Image (click to enlarge)
Click to Enlarge Name: july7b.jpg Size: 64 KB
  • #193
  • Edited 9:00pm Jul 7, 2011 9:55am | Edited 9:00pm
Hi PipPipPip,

If i'm not in the trade already like Clifton, I would stay out. Anyway, if sm decides to push it, no support, no resistance or any crap.. could stop them. Just my opinion

http://i1224.photobucket.com/albums/...inluv/eu25.gif



Only after the big news, those idiotmoney show their true colour.
  • #194
  • Jul 7, 2011 7:52pm Jul 7, 2011 7:52pm
Quoting duyk20
Hi PipPipPip,

If i'm not in the trade already like Clifton, I would stay out. Anyway, if sm decides to push it, no support, resistance, crap.. would stop them. Just my 2 opinions

http://i1224.photobucket.com/albums/...inluv/eu25.gif



Only after the big news, those idiotmoney show their true colour.
I was tempted to take a trade at this level this morning (1.4350) and glad I didn't. Obviously, we are still here for the entire day aftter the pop this morning. I want to see a test at 1.4310(major testing area for past weeks/months). It is also that we might see a spike to 1.4250 area. For now, we remain testing. I still see this pair moving hardddddd.
  • #195
  • Jul 7, 2011 8:52pm Jul 7, 2011 8:52pm
1.4310 by PipPipPip

Interesting area to note

http://i1224.photobucket.com/albums/...inluv/eu27.gif
  • #196
  • Jul 7, 2011 11:59pm Jul 7, 2011 11:59pm
Quoting duyk20
1.4310 by PipPipPip

Interesting area to note

http://i1224.photobucket.com/albums/...inluv/eu27.gif
becareful of spikes.
  • #197
  • Jul 13, 2011 8:10pm Jul 13, 2011 8:10pm
So, SM has been playing crap, drived it down just to drive it up again lol
We are at exact position as last friday. The upmove go from a regular-slope triangle to a higher angled-slope triangle shows a lot of strength and more to come.
See you at 1.5 at the end of the month

http://i1224.photobucket.com/albums/...inluv/eu29.gif
  • #198
  • Jul 14, 2011 4:16am Jul 14, 2011 4:16am
this looks like a classic bullflag, Stopping vl, EW counts and 2 ns in a row, this should go up soon

http://i1224.photobucket.com/albums/...inluv/eu30.gif
  • #199
  • Jul 14, 2011 7:37am Jul 14, 2011 7:37am
VSA is becoming very desappointing!

At then beginning it was possible to apply it using only price and volume.

Nowadays we need the diamonds, channels, momentum indicators, ...

And now some are using it with Harmonic trading to trade Gartley patterns.

Where is VSA in all that?

Today VSA seems to mean "Very Sustained Advertisement" :-(((
  • #200
  • Jul 14, 2011 8:58am Jul 14, 2011 8:58am
Quoting dvarrin
VSA is becoming very desappointing!

At then beginning it was possible to apply it using only price and volume.

Nowadays we need the diamonds, channels, momentum indicators, ...

And now some are using it with Harmonic trading to trade Gartley patterns.

Where is VSA in all that?

Today VSA seems to mean "Very Sustained Advertisement" :-(((

Dvarrin,

VSA is focusing on volume and spread but it's also based on supply and demand balance of the market. So, why not using the supply and demand level of the past to spot possible trade ( stopping volume, absorption volume,...), channels proves to be working in a good trend. Well, the diamonds shit is just a moving average. I don't know about other indicator and pattern. I do use the flag pattern, read EW counts and try to analyse Wyckoff. Do you trade purely based on volume and spread? That's great.
0 traders viewing now