Understanding Order-flow and combining it with VSA is pretty powerful.....
- #305
- Aug 30, 2011 8:39am Aug 30, 2011 8:39am
- Joined Oct 2008 | Status: Just be the witness. | 1,089 Posts
Thanks very much for the add-on in post #1, much clearer now, especially tests and the sequence of accumul. / distribution.
___________
michael
___________
michael
Be like water.
- #306
- Edited 9:18am Aug 30, 2011 9:05am | Edited 9:18am
- | Joined Mar 2009 | Status: Trader | 21 Posts
thnx so much clifton on the add-on so helpful,
1 more req plz could you plz explain more further about the high volume test how to recognize it every thing is getting easy now lot of confusion is cleared now but for example in accum you said every down move in it would be on high volume now, how should i say that is not a high volume test or a high volume test
and if you could plz explain what does that mean "volume expands at support shrinks at resistance" or am i telling it wrong and it shoud be in reverse, is it a sign of accum/des
another req about volume it self what is the purpose for the moving avg on the volume, is high volume has to be above the avg or could we get high volume bars below the avg and if i plot avg on the volume what is the correct settings for it should it be EMA or SMA and what period should it, in short terms, how the avg on volume will help me to identify volume bars. is there any hints how to read the volume perfectly or just eye ball it with extra bars in the past???
how could we get the same volume in TG i dont mean the volume it self i know it's from esignal but i'm asking about the bands around it coz i saw it on mt4 with some kind of a system called mmaker system you could see it on youtube all volume indis like better volume or hidden gap, better volume with session avg don't show the correct bands on volume and no one coded the same volume on TG even the volume teacherv4 with zones is not working fine coz of the zone adjustment settings i tried to make it work but i can feel it gives wrong readings OMG got a hall puch of ques
any help on that coz your posts are very good and indeed cleared all the mess in my brain
1 more req plz could you plz explain more further about the high volume test how to recognize it every thing is getting easy now lot of confusion is cleared now but for example in accum you said every down move in it would be on high volume now, how should i say that is not a high volume test or a high volume test
and if you could plz explain what does that mean "volume expands at support shrinks at resistance" or am i telling it wrong and it shoud be in reverse, is it a sign of accum/des
another req about volume it self what is the purpose for the moving avg on the volume, is high volume has to be above the avg or could we get high volume bars below the avg and if i plot avg on the volume what is the correct settings for it should it be EMA or SMA and what period should it, in short terms, how the avg on volume will help me to identify volume bars. is there any hints how to read the volume perfectly or just eye ball it with extra bars in the past???
how could we get the same volume in TG i dont mean the volume it self i know it's from esignal but i'm asking about the bands around it coz i saw it on mt4 with some kind of a system called mmaker system you could see it on youtube all volume indis like better volume or hidden gap, better volume with session avg don't show the correct bands on volume and no one coded the same volume on TG even the volume teacherv4 with zones is not working fine coz of the zone adjustment settings i tried to make it work but i can feel it gives wrong readings OMG got a hall puch of ques
any help on that coz your posts are very good and indeed cleared all the mess in my brain
i fell asleep waiting for that short entry at eurusd, now i woke up i totally missed it.anyway, hopefully this is long setup forming or another long wait. lol!
- #308
- Aug 30, 2011 9:22am Aug 30, 2011 9:22am
- Joined Jan 2010 | Status: I'm the greatest, man | 2,516 Posts
I've added some simple definitions to the first post. I'll continue to update and fine tune it to make things as clear as possible. Check it out.
I have just finished reading the thread from the start, wonderful stuff, you are a great teacher - never knew that tick volume could be so useful.
Please ignore any scoffers or trolls, you are making a difference here.
A sudden volume increase gives an early warning that the trend is stopping - useful for scalping as well. I will be following closely.
Thank you so much for sharing this.
Another big thanks to fellow contributors.
been waiting for a setup all day. all eurusd did was to go up and down in a range.
Do you guys know a web-based charting with volume indicator? I only know of forexpros.com but they do not have volume indicator.
I cannot download mt4 in my office computer that's why i am searching for a web-based kind.
I appreciate any suggestions. TIA
Welcome to the 2 new comers on this thread.
Do you guys know a web-based charting with volume indicator? I only know of forexpros.com but they do not have volume indicator.
I cannot download mt4 in my office computer that's why i am searching for a web-based kind.
I appreciate any suggestions. TIA
Welcome to the 2 new comers on this thread.
- #315
- Aug 31, 2011 11:39am Aug 31, 2011 11:39am
- Joined Oct 2008 | Status: Just be the witness. | 1,089 Posts
Hi coalvin,
there are some web-based services available, but the usual suspects are of course fee-based. I do know however that some VSA traders use Netdania, which is free and you can register/sign in, then create work spaces much like Profiles in MT4. I do not like the Java plugins on my computer, but try it out.
Clifton :
plze see this GBPCHF H1 chart, my question is : do you additionally look for declining / rising volumes over several bars, such as before a major mark-up ? Sometimes I think this is what might make all those indicators print a divergence....but I might be wrong of course.
Glad to have found this thread.
___________
michael
there are some web-based services available, but the usual suspects are of course fee-based. I do know however that some VSA traders use Netdania, which is free and you can register/sign in, then create work spaces much like Profiles in MT4. I do not like the Java plugins on my computer, but try it out.
Clifton :
plze see this GBPCHF H1 chart, my question is : do you additionally look for declining / rising volumes over several bars, such as before a major mark-up ? Sometimes I think this is what might make all those indicators print a divergence....but I might be wrong of course.
Glad to have found this thread.
___________
michael
Be like water.
- #317
- Sep 1, 2011 4:23pm Sep 1, 2011 4:23pm
- Joined Oct 2008 | Status: Just be the witness. | 1,089 Posts
Hi Petrelli,
very nice and welcome to the thread. I would start by doing it like Clifton, that is have the 1h chart ( and the different market phases as he describes in post #1 ) on your left, and next to it your 5min chart.
This might be safer.
I would not take a countertrend trade in eurusd at the moment, see it`s drop from 1.45 on Monday until now ?
Just my 2 cents. Many pips to you.
__________
michael
very nice and welcome to the thread. I would start by doing it like Clifton, that is have the 1h chart ( and the different market phases as he describes in post #1 ) on your left, and next to it your 5min chart.
This might be safer.
I would not take a countertrend trade in eurusd at the moment, see it`s drop from 1.45 on Monday until now ?
Just my 2 cents. Many pips to you.
__________
michael
Be like water.
Thx for your answer msmarple,
So let me know if Im correct.
We look for supply demand zones on 1hr for example, then see if we have a SV on lower tfs (is this right or just on 1hr ?? ) once we have the SV we go into the 5/15mins tf looking for accumulation/distribution then we look for a push through of the level without extreme volume and then look for a NS/ND.
Im right ?
Any help/comment is appreciated.
Thx guys !!
So let me know if Im correct.
We look for supply demand zones on 1hr for example, then see if we have a SV on lower tfs (is this right or just on 1hr ?? ) once we have the SV we go into the 5/15mins tf looking for accumulation/distribution then we look for a push through of the level without extreme volume and then look for a NS/ND.
Im right ?
Any help/comment is appreciated.
Thx guys !!
Hi Petrelli,
very nice and welcome to the thread. I would start by doing it like Clifton, that is have the 1h chart ( and the different market phases as he describes in post #1 ) on your left, and next to it your 5min chart.
This might be safer.
I would not take a countertrend trade in eurusd at the moment, see it`s drop from 1.45 on Monday until now ?
Just my 2 cents. Many pips to you.
__________
michael
- #319
- Sep 2, 2011 11:45am Sep 2, 2011 11:45am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
Indeed, post here anytime.
- #320
- Sep 2, 2011 11:54am Sep 2, 2011 11:54am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
