vsa with Malcolm | Page 1138 | 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

  • #22,741
  • Feb 20, 2012 9:41am Feb 20, 2012 9:41am
Quoting upthrust
i'm looking at the high vol down bar on the EU 5m in the last 30 mins. the next two bars, are lower volumes and lower spreads. it got as low as 3237, which incidentally, is the high from the morning. we are obviously in a mid term uptrend, which reinforces my bullish view.
Not saying long from there isn't a good trade but for those new to VSA following the thread need to understand more why you choose to buy at that level.

I know which bar you are talking about and the next two bars while both downbars are lower volume yes, with the second one making a lower low but unable to close below the 5min volume bar and based on volume it is a NS of sorts so some SOS at the low of that bar since we see no SM interest in further downside.

Myself I am short at 3245 with my SL at 3260 based on two 2BR's now into 50% of both that 5min bar as well as the 15min highest volume zone... looking for the low of the 15min zone for 1:1 first at 3230 and then will trail down depending on reactions at that level.
Today's zone = Tomorrow's opportunity!
  • #22,742
  • Feb 20, 2012 9:48am Feb 20, 2012 9:48am
Quoting upthrust
i'm looking at the high vol down bar on the EU 5m in the last 30 mins. the next two bars, are lower volumes and lower spreads. it got as low as 3237, which incidentally, is the high from the morning. we are obviously in a mid term uptrend, which reinforces my bullish view.
EU 5 min now, yikes!!
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 32 KB
Seek not to change the world; seek only to change your mind about the world
  • #22,743
  • Feb 20, 2012 9:50am Feb 20, 2012 9:50am
Quoting pres78
Myself I am short at 3245 with my SL at 3260 based on two 2BR's now into 50% of both that 5min bar as well as the 15min highest volume zone... looking for the low of the 15min zone for 1:1 first at 3230 and then will trail down depending on reactions at that level.
Wow was I wrong ... stopped out on that trade. That' what I get for taking a new trade after my cut-off time today. I told myself because we had no US backing that I would stop taking new trades at 11AM my time which was 50mins ago.

Ah well that's what I get for not following my own rules. Now flat and done until tommorow. I hope you get your 3300 UT but I am still not sure if we will see a new days high today (however I was just wrong so who knows )...
Today's zone = Tomorrow's opportunity!
  • #22,744
  • Feb 20, 2012 9:54am Feb 20, 2012 9:54am
Quoting pres78
Wow was I wrong ... stopped out on that trade. That' what I get for taking a new trade after my cut-off time today. I told myself because we had no US backing that I would stop taking new trades at 11AM my time which was 50mins ago.

Ah well that's what I get for not following my own rules. Now flat and done until tommorow. I hope you get your 3300 UT but I am still not sure if we will see a new days high today (however I was just wrong so who knows )...
Fair enough. I'm not sure whether we will get above 3280 either.
Be greedy when others are fearful, and fearful when others are greedy.
  • #22,745
  • Feb 20, 2012 10:14am Feb 20, 2012 10:14am
Quoting Probo
okay now's it's -whatever- pushing through supply, shakeout, tested, bla bla bla.
now go long herd!!!!
Hesitate? lagging moving average now in christmas mode?
Now give me endless excuse of having losing and winning one.
thanks probo for the hint.
For your information, I'm taking long myself.

I know VSA is not born to be complicated. Anyone can be trading VSA. That's why there's always new name here as you said earlier. I oneself doubt any newbie or veteran in this thread has applied VSA profitably. But it's for oneself to decide. You can practice anything you want, fail or with reward. The most important thing is to have fun in one trading, know what's best working for oneself. Thanks for advising VSA is not to be traded naked. I do that either. But you should expect many traders looking at some methods. You may find many members curse MACD or other lagging indicator. But actually, there's nothing wrong or right. They'll abandon it eventually if it's not working. (2 years of failure and keep persistent, then you can call them idiot) For now, let's just enjoy the party with us newbie trader in VSA playground
  • #22,746
  • Feb 20, 2012 10:28am Feb 20, 2012 10:28am
Quoting ivonivon
I oneself doubt any newbie or veteran in this thread has applied VSA profitably.

For now, let's just enjoy the party with us newbie trader in VSA playground
Well then you would be quite wrong.

This isn't a party or a game, it's a business and if your not profitable using VSA this attitude towards trading is the biggest reason.
Today's zone = Tomorrow's opportunity!
  • #22,747
  • Feb 20, 2012 10:59am Feb 20, 2012 10:59am
aussie looks interesting, looking for a weak downbar now to enter long, if not shortit!
Attached Image (click to enlarge)
Click to Enlarge Name: aussie.jpg Size: 100 KB
Old Habits Die Hard.
  • #22,748
  • Feb 20, 2012 11:07am Feb 20, 2012 11:07am
I have selected my word on purpose.
VSA method is not owned, same as MA crossover.
Why bother when one's method being criticized?
It's no secret none like to be wronged.
The debate will go on and on among pro VSA and other side.
It's everyone business, miserably or rewardly played.
I said it's for oneself to decide.
  • #22,749
  • Feb 20, 2012 11:39am Feb 20, 2012 11:39am
Quoting pres78
Well then you would be quite wrong.

This isn't a party or a game, it's a business and if your not profitable using VSA this attitude towards trading is the biggest reason.
Cloggie is that you? have you moved over from the EUR/USD thread to slay the muppets? people there finally resistant to your name calling and you have new potentials here?
  • #22,750
  • Feb 20, 2012 12:01pm Feb 20, 2012 12:01pm
Quoting ady_babe
Cloggie is that you? have you moved over from the EUR/USD thread to slay the muppets? people there finally resistant to your name calling and you have new potentials here?
Yes must be since my post was so full of name calling, well done...

I made two statements, that was all.

It tires me that people feel the need to come to a VSA thread (or any thread) and complain that it does not work. Just because it does not work for one trader or they choose to treat this business as a game they waste everyones time with garbage posts. The suject of this thread is very clear, if you don't use, or want to learn VSA than find another thread that better suits you.

This is why the thread has become a waste of time no matter how much people try and give it new life. Most of the people who once came here to share VSA no longer call this thread home as you can only waste so much time trying to explain or justify your trading methods to those who do not take it seriously.
Today's zone = Tomorrow's opportunity!
  • #22,751
  • Feb 20, 2012 12:21pm Feb 20, 2012 12:21pm
Quoting pres78
Yes must be since my post was so full of name calling, well done...

I made two statements, that was all.

It tires me that people feel the need to come to a VSA thread (or any thread) and complain that it does not work. Just because it does not work for one trader or they choose to treat this business as a game they waste everyones time with garbage posts. The suject of this thread is very clear, if you don't use, or want to learn VSA than find another thread that better suits you.

This is why the thread has become a waste of time no...
I'm with ya here... this is perhaps why the VSA Forum is gaining traction- I understand your frustration. When people say it is easy, it means they are really not grasping that this is truly an art form and like all art it takes an open mind and time to appreciate the depth of learning involved. I appreciate your efforts, and Im only poking fun at ya.
  • #22,752
  • Feb 20, 2012 12:28pm Feb 20, 2012 12:28pm
Quoting ady_babe
I'm with ya here... this is perhaps why the VSA Forum is gaining traction- I understand your frustration. When people say it is easy, it means they are really not grasping that this is truly an art form and like all art it takes an open mind and time to appreciate the depth of learning involved. I appreciate your efforts, and Im only poking fun at ya.
Are you talking about Steve and Liam's forum? Are you a member there? I know that you started a Wyckoff chat room, how is that going?

Yes I much prefer the other VSA forum as it is 60+ members (not all participate) but they are all there because they like and want to learn VSA. You don't have to worry about all the jokers stopping in just to tell you that VSA sucks and how there's no volume in Forex...

I have tried but I just can't let go of Malc's thread all together as it is where I started my VSA journey and I keep hoping it will regain some life and some new traders will come here to learn as I once did...
Today's zone = Tomorrow's opportunity!
  • #22,753
  • Feb 20, 2012 12:45pm Feb 20, 2012 12:45pm
Quoting pres78

I have tried but I just can't let go of Malc's thread all together as it is where I started my VSA journey and I keep hoping it will regain some life and some new traders will come here to learn as I once did...
Yes indeed I am a non contributing member of liam's and Steve's Forum- shame on me and I should really change that as I have taken some great trades recently- by Wyckoff terms!

The Wyckoff room has become like all chatrooms- just missing the intended mark somewhat. I also cant let go of Malc's thread for it it what gave me wings also, although in a slightly different direction. VSA is still the core, and I need to learn more hence me lurking also.

Perhaps like the market as it ebbs and flows so will this forum- I hope so anyhow! Im hanging out for some new life and new ideas. Trading ideas should be evolving if they are to grow with you and the market.
  • #22,754
  • Feb 20, 2012 1:04pm Feb 20, 2012 1:04pm
Quoting ady_babe
Yes indeed I am a non contributing member of liam's and Steve's Forum- shame on me and I should really change that as I have taken some great trades recently- by Wyckoff terms!

The Wyckoff room has become like all chatrooms- just missing the intended mark somewhat. I also cant let go of Malc's thread for it it what gave me wings also, although in a slightly different direction. VSA is still the core, and I need to learn more hence me lurking also.

Perhaps like the market as it ebbs and flows so will this forum- I hope so anyhow! Im hanging...
Well Wyckoff gave birth to VSA so feel free to share your trades as I have always had an interest in expanding my trading knowing to include Wyckoff but have never had the time... so seeing some charts and explanations will help. I am sure Steve and Liam would even allow the creation of a Wyckoff thread so you can throw out some educaiton on the matter to help everyone understand more when you post up a chart in one of the trading forums...

There are a few other traders that are members that also use Wyckoff, I have seen some charts marked up with the rivers and ice references...
Today's zone = Tomorrow's opportunity!
  • #22,755
  • Feb 20, 2012 1:14pm Feb 20, 2012 1:14pm
Now that you two have made good, feel free to frequent the forum
  • #22,756
  • Feb 20, 2012 1:18pm Feb 20, 2012 1:18pm
Quoting KinsaleForex
Now that you two have made good, feel free to frequent the forum
If I frequented it anymore than I do now, my family may divorce me...
Today's zone = Tomorrow's opportunity!
  • #22,757
  • Feb 20, 2012 1:26pm Feb 20, 2012 1:26pm
Quoting pres78
If I frequented it anymore than I do now, my family may divorce me...
True, but by signing up to the forum me and Steve can't be held responsible!
  • #22,758
  • Feb 20, 2012 4:21pm Feb 20, 2012 4:21pm
Quoting pres78
Well Wyckoff gave birth to VSA so feel free to share your trades
I thought Gavin invented VSA? hmm what the hell.
  • #22,759
  • Feb 20, 2012 7:01pm Feb 20, 2012 7:01pm
Quoting Sonofsin5
I thought Gavin invented VSA? hmm what the hell.
Hi Sonofsin!
The methodology comes from Wyckoff. It is much of what "little" guys like Livermore used to trade as well, in the 1920's....
Then, Tom Williams put it all together in an orderly fashion with indicators and, of course, automated it with the TradeGuider software. VSA is born! :-)
Then comes Gavin, that is the CEO of TradeGuider and a VSA expert/practitioner.

I think that is the thing in my simple understanding.

Cheers!
  • #22,760
  • Feb 20, 2012 7:48pm Feb 20, 2012 7:48pm
Quoting Sonofsin5
I thought Gavin invented VSA? hmm what the hell.
Ha ha ha Nice
10 traders viewing now