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vsa with Malcolm

  • #21,921
  • Sep 29, 2011 2:52am Sep 29, 2011 2:52am
Quoting apple_sauce
last time I checked esignal was close to $200 a month.... is there a discoung for tradeguider?
It's not 55 and it's not 200. There certainly isn't a discount for TG either, at least that i'm aware of.

It's costing me $124.80. $54 for esignal service then $50 for the FX feed, then VAT. It's way more if I wanted access to futures forex and stuff like Oil / S&P.
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  • #21,922
  • Sep 29, 2011 9:33am Sep 29, 2011 9:33am
Quoting KinsaleForex
It's not 55 and it's not 200. There certainly isn't a discount for TG either, at least that i'm aware of.

It's costing me $124.80. $54 for esignal service then $50 for the FX feed, then VAT. It's way more if I wanted access to futures forex and stuff like Oil / S&P.

you can ask for fx feed ONLY witout esignal service. you ONLY need the datamanager running for tradeguider. if you need account help, click on the 'talk to a rep' button and they can change it for you.
  • #21,923
  • Sep 29, 2011 5:26pm Sep 29, 2011 5:26pm
http://th564.photobucket.com/albums/...mf_popcorn.gif
  • #21,924
  • Edited 9:25pm Sep 29, 2011 9:10pm | Edited 9:25pm
Quoting RaverStyleTim2
you can ask for fx feed ONLY witout esignal service. you ONLY need the datamanager running for tradeguider. if you need account help, click on the 'talk to a rep' button and they can change it for you.
I only have the data manager and as far as i was aware that was the cheapest package?

Edit - just got off the live chat with them, have to have both to receive a feed.
  • #21,925
  • Sep 30, 2011 3:58pm Sep 30, 2011 3:58pm
http://www.smiley-lol.com/smiley/drague/bow_arrow.gif
  • #21,926
  • Sep 30, 2011 4:40pm Sep 30, 2011 4:40pm
Quoting frankkn
GU down trend, rally to supply, sellers enter, no supply, exit at demand. Quick 20 pippa
Nice trade Frankkn.

Hope you don't mind but I used your chart to help explain a few intervals for those not at your level.

A. No Buying Pressure: notice that volume is decreasing on a wide spread up candle closing near its high. In fact, the volume is less than the previous two intervals.

Volume=activity and the spread (range) of the candle belies the amount of activity on this interval.

B. Squat (Supply entering): This candle is like the opposite of the previous candle. The spread narrows as volume increases. If all that volume was buying then the spread should be wider. It should actually look more like the spread of the previous candle. Yet it does not. Something is capping the spread of the candle-supply. All buy orders are being immediately matched with a sell order from the BBs.

C. Hidden Up Thrust (In the Form of No Demand): Volume is less than the previous two intervals, which signals at the very least low activity by the Smart Money. The interval makes a higher high but closes well off the high and closes lower than the previous candle's close. No Demands usually close up. However, they can close down after making a higher high than the previous interval. Because this interval closes near its lows after hitting the bottom of the Supply/Demand Zone, it looks more like a Hidden Up Thrust. When we bring back the volume, then it must be a Hidden Up Thrust in the form of No Demand.

D. No Demand: Narrow range up candle closing off the high of its range on volume less than the previous two intervals.

Again, Frankkn was all over this. I just wanted to add some explanations that migh help some others understand what he was seeing. I also added the Supply/Demand Delta Zone to show two different paths bascially converging at the same destination........

I appreciate it when you post here Frankkn, This thread needs you, and we can all learn from your considerable knowledge.
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,927
  • Sep 30, 2011 7:02pm Sep 30, 2011 7:02pm
Quoting HiddenGap
Nice trade Frankkn.

Hope you don't mind but I used your chart to help explain a few intervals for those not at your level.

A. No Buying Pressure: notice that volume is decreasing on a wide spread up candle closing near its high. In fact, the volume is less than the previous two intervals.

Volume=activity and the spread (range) of the candle belies the amount of activity on this interval.

B. Squat (Supply entering): This candle is like the opposite of the previous candle. The spread narrows as volume increases. If all that...
The threads needs two thing IMHO;

1. The vets to post for the newbies to learn from, as well as to continue teaching themselves.
2. Newbies to participate rather than lurk looking for calls. If there is no one new sharing than no one new is learning and therefore it is a waste of time and effort to post.

BTW thanks to both HG and Frankkn for sharing both the original post and HG's mark-up...
Today's zone = Tomorrow's opportunity!
  • #21,928
  • Edited 7:52pm Sep 30, 2011 7:40pm | Edited 7:52pm
You're right Prez.

Im not a vet, but here is my contribution. I've been absent alot on this thread due to active trading so I just paddle most of the time, and post when I have time. Here is to Mal and the group.

Here is a trade I took this week at 1.3678 on EU.
Link to my post live 39 hours ago:
http://www.forexfactory.com/showthre...33#post4997733

-First yellow line is weekly lower down trend line which is the most important at this moment for me to explain.
-Second yellow line is 4 hour new upper down trend line (third line that was broken due to price range)
-First red line is the hourly lower UP trend line (broken due to price range).
-Second red line is the new hourly lower UP trend line (eventual broken again "jumping the creek").
-Purple moving average 21.
-Blue highlight of highest volume of the week.

Price ranging has been moving on the weekly trend line and top of the highest volume of the week. With background showing SOW, great entries would be for short positions along this weekly trend line on the three up moves.

There was an early price move up several hours before asia. The circled bar to the right shows the highest volume on the day. Look at the volume compare to the previous day's highest up bar volume! Similar amount of high volume!! Notice that it ALSO failed to make a higher price than the previous day!!! It actually never touched 1.3690. I trimmed down to the 5 minute chart and the trend was up, with super high volume at the top, highest of the week. Here is where I took a short position at 1.367 with a stop above the previous day's high, setting it at 1.37 to be safe.

Notice the down arrow at the bottom. Decreasing volume on price going down. I thought about taking a short entry at around 1.3560, but notice the volume dropping as the price went to create the second red trend line! This is where I decided to wait for a second "test" to the previous day's high, and wait for the signal.

Now price is ranging on the second yellow line and with the month closing below the week's 50% fibo (1.3485). Infact, it closed as a pin, closing on price from week's open. This entry has yield more than 290 pips.

October will be another fun one. enjoy a nice relaxing weekend.

http://www.smiley-lol.com/smiley/asile/foucomplet.gif
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  • #21,929
  • Oct 1, 2011 7:40pm Oct 1, 2011 7:40pm
Quoting Islander
I use volume combined with S & R via the daily pivots and sweet spots.

As I also use MT4 my charts may be of interest to many here.

I concentrate on the Frankfurt and London Opens.

Today - as usually happens, the volume picked up before FO and I bought after the S1 level held again. I was looking for a 38% - 50% retrace of the fall, but as we can see, the volumes dropped and the bounce failed as The Frankfurters started selling.

I use the 30ema on my 1m, 5m and 15 m charts - these help make up my trading rules - thus here I show...
Please in the above chart,i see some arrows pointing up and down.i will like to get the indicator showing those arrows on my chart.someone help me with the indicator
  • #21,930
  • Oct 1, 2011 10:30pm Oct 1, 2011 10:30pm
Quoting HiddenGap
Nice trade Frankkn....

Again, Frankkn was all over this. I just wanted to add some explanations that migh help some others understand what he was seeing. I also added the Supply/Demand Delta Zone to show two different paths bascially converging at the same destination........
Thanks HG, not saying I comprehend all you said re Frankkn's post but it certainly helped ... that "Supply/Demand Delta Zone" thing? ..what's that please?
The spoken word is your master, the unspoken word your slave.
  • #21,931
  • Oct 2, 2011 3:59am Oct 2, 2011 3:59am
Quoting pres78
The threads needs two thing IMHO;

1. The vets to post for the newbies to learn from, as well as to continue teaching themselves.
2. Newbies to participate rather than lurk looking for calls. If there is no one new sharing than no one new is learning and therefore it is a waste of time and effort to post.
Ok lets get a discussion going..

Green line showing a down bar with ultra high volume and it is around the daily pivot so it could be reversal volume.

Yellow line marks a ND. It is an upbar that the high is higher than the previous 4 bars, its close is in the middle, although its spread is wide for a ND. Hulls is pointing down.


I did take the short and ultimately my TP was hit. My reasoning was that the past 3 days was distribution, and a ND presenting itself 3 bars after the UHV down bar could not have been buyers.

I am curious to find out if anyone else would have taken this setup or would have waited for the UHV down bar to be tested before shorting.
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  • #21,932
  • Oct 2, 2011 1:01pm Oct 2, 2011 1:01pm
Quoting HiddenGap
Nice trade Frankkn.

Hope you don't mind but I used your chart to help explain a few intervals for those not at your level.

A. No Buying Pressure: notice that volume is decreasing on a wide spread up candle closing near its high. In fact, the volume is less than the previous two intervals.

Volume=activity and the spread (range) of the candle belies the amount of activity on this interval.

B. Squat (Supply entering): This candle is like the opposite of the previous candle. The spread narrows as volume increases. If all...
Very Good Post. Thank You. Best Wishes.
  • #21,933
  • Oct 2, 2011 2:14pm Oct 2, 2011 2:14pm
Quoting SimpleDev
...I am curious to find out if anyone else would have taken this setup or would have waited for the UHV down bar to be tested before shorting.
First of all, thanks for the chart. I think we can learn a lot from an exercise like this.

As you know, there are many ways to trade using VSA.

From my point of view, the Ultra High Volume Down bar is the "start point". In the recent webinar conducted by Lauren S., she refers to it as "skyscraper volume". They key point is that this is the initial bar that tells us that the Smart Money is active. That being the case, what were they doing? Well, the bar closed down but off its low and the next bar was up. So they must have been BUYING on that bar. The next few intervals do indeed go up, however, the volume is decreasing. This tells us that the BBs are not yet ready to take prices higher. To go long I would be looking for price to move back down and test the Ultra high volume bar. A test would be a sign of strength. If the test failed, then prices would likely continue lower.

So from my point of view, I would be waiting for a test of the Ultra High Volume down bar to go long not short, because that Ultra High Volume bar represents the start of an accumulation phase of some degree or another.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,934
  • Oct 2, 2011 2:51pm Oct 2, 2011 2:51pm
I love this chart.

I wanted to add this because of my last post. Gavin has said that the accumulation/distribution phase generally lasts up to 25 intervals. In truth, I have not paid much attention to that number specifically. The key is when the phase begins. More often than not, the phase begins on a High to Ultra High Volume bar.

On the chart below, the "Start Point" is the first black volume bar. By definition, this is climatic volume as it is the highest volume in the last 40 intervals. The candle itself is a wider spread interval closing off its lows with the next interval down. This is Supply coming in.

Okay, let's take a quiz: What do the numbers 17, 21 and 23 represent?
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,935
  • Oct 2, 2011 5:29pm Oct 2, 2011 5:29pm
Quoting HiddenGap
I love this chart.

I wanted to add this because of my last post. Gavin has said that the accumulation/distribution phase generally lasts up to 25 intervals. In truth, I have not paid much attention to that number specifically. The key is when the phase begins. More often than not, the phase begins on a High to Ultra High Volume bar.

On the chart below, the "Start Point" is the first black volume bar. By definition, this is climatic volume as it is the highest volume in the last 40 intervals. The candle itself is a wider spread interval closing...
Sorry Hidden but I think you forgot to put the numbers in the graph. Im loving the graph too.
Greetings, BeLikewater
  • #21,936
  • Oct 2, 2011 6:02pm Oct 2, 2011 6:02pm
Quoting BeLikeWater
Sorry Hidden but I think you forgot to put the numbers in the graph. Im loving the graph too.
Actually you were supposed to make the count yourself.

If you make the count, then you should see that 23 is the widespread down bar on increasing volume that closes near its low is the end of the distribution phase. We know this because it closes lower than "start point".

17 & 21 are high probability short entries that come prior to the end of the distribution phase.

21: The interval after a test that closes lower meaning the test has failed.

17: The interval after the ND after the Up Thrust (hidden) that closes down confirming the ND.

My appologies. The idea started out better than it ended up.....
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #21,937
  • Oct 2, 2011 6:23pm Oct 2, 2011 6:23pm
Quoting HiddenGap
Actually you were supposed to make the count yourself.

If you make the count, then you should see that 23 is the widespread down bar on increasing volume that closes near its low is the end of the distribution phase. We know this because it closes lower than "start point".

17 & 21 are high probability short entries that come prior to the end of the distribution phase.

21: The interval after a test that closes lower meaning the test has failed.

17: The interval after the ND after the Up Thrust (hidden) that closes down confirming the ND....
No need to appologize... you gave everyone the start bar (therefore #1) and we can hopefully all count to 23 noting which bars were 17,21 and 23 and then try and see if we can also see what you were seeing in those bars.

Thanks for the chart and in turn the lesson for some to take note of.
Today's zone = Tomorrow's opportunity!
  • #21,938
  • Edited 9:07pm Oct 2, 2011 7:23pm | Edited 9:07pm
Quoting HiddenGap
First of all, thanks for the chart. I think we can learn a lot from an exercise like this.

As you know, there are many ways to trade using VSA.

From my point of view, the Ultra High Volume Down bar is the "start point". In the recent webinar conducted by Lauren S., she refers to it as "skyscraper volume". They key point is that this is the initial bar that tells us that the Smart Money is active. That being the case, what were they doing? Well, the bar closed down but off its low and the next bar was up. So they must have been BUYING on...
I often get into this dilemma. However since the trend is still down and the market is going up on on no demand I am still in short mode until I see confirmation of a bullish cause building. The way I would trade this is I would short on the next SOW and move my stop to BE near the low of the UH vol bar. That way I have nothing to loose if the market does reverse, and you're still in if it does go down. If I do get a test or a shakeout before I move to BE, then I consider it a strong countermanding signal and close the position. It is rare that you will see a market reverse right after UHV without any testing or shakeouts in the area of the UHV.
  • #21,939
  • Oct 2, 2011 8:06pm Oct 2, 2011 8:06pm
Quoting HiddenGap
Actually you were supposed to make the count yourself.

If you make the count, then you should see that 23 is the widespread down bar on increasing volume that closes near its low is the end of the distribution phase. We know this because it closes lower than "start point".

17 & 21 are high probability short entries that come prior to the end of the distribution phase.

21: The interval after a test that closes lower meaning the test has failed.

17: The interval after the ND after the Up Thrust (hidden) that closes down confirming the ND....
Damn bro you put up the answers too early! I was stoked when I saw that, and was totally ready to count. I like the topic, and contemplating the duration of accumulation sounds like a swell idea.

This thread seems to be waking up for another round, everyone ready? Ding ding ding

Ok, so here is something that really helped my trading. Once you get used to seeing supply swamping demand and demand swamping supply, you will be seeing entries all over the place.

For example in this chart I've marked two bars. The first one shows potential buyers, and the next shows a possible entry bar. There are two absolutely crucial things that keep me out of this trade, and they are the only other things I look for.

1) Price structure (shown by the black boxes)
2) Trend (shown in green and blue)

Depending on the time of the day and some MTF analysis of price structure and trend, I'll also enter on PA alone for better RR.
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  • #21,940
  • Oct 2, 2011 8:29pm Oct 2, 2011 8:29pm
Quoting apple_sauce
I often get into this dilemma. However since the trend is still down and the market is going up on on no demand I am still in short mode until I see confirmation of a bullish cause building.
That is a smart idea and the way Gavin teaches. If you are a trend trader than you would definitely only be looking to get short here. My personal problem is getting short when price is above a moving average. It just doesn't sit well with me.

As far as building a cause goes, that is really the point of the second post. I stated that the UHV was the start of a phase, not the conslucion. This phase can be quick or lengthy. Gavin mentions 25 intervals. The number of intervals doesn't matter to me. But we all know from technical analysis 101 that "V" shape tops and bottoms are rare.

I would point out that I would actually do nothing here unless price is on or in a Supply/Demand Delta Zone. Simply, I was answering the question about the what I would want to see. The other side of the equation is where. SEE FRANKKN'S LATEST POST.
Without VSA, you're playing checkers while the Smart Money plays chess.
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