хавот оно что, подрываем амеров изнутри так сказать)))
- #32,172
- Edited 7:46am Mar 15, 2012 7:23am | Edited 7:46am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GM Sonikers!
Been burning midnight oil during this time between US DST and when London goes on DST, working code improvements etc.
Anyway, see lots of discussion on SM's (simply some of my favorite influences in the market!) and on VSA.
Just to clarify and summarize SonicR VSA, it uses only a single aspect of the "VSA" story that is out there. That, and an analysis of the current volume vs average volume. Therefore there are just two things SonicR VSA looks for and colorizes: "Climax" situations and above average situations. This combination get the most juice from the organge, so to speak. Colors? Green is climax on a bull bar. Red is climax on a bear bar. Blue is above average volume (bull and bear bars both). The definitions of "Climax" and of how much above average volume has to be are both discussed in the user notes of the compiles of both the candles and volume indicators that use this SonicR VSA coding.
The significance and how to use are these. These special candles are considered the result of intense activity by the "professional" side of the market. And what they are doing might give a clue as to what is going on, and what will be going on. We Sonikers are encouraged to use signs of "market" activity as confirms (yes/no) for a later SonicR setup. In other words, we use previous VSA signs to validate the setup directions,...the previous VSA story either jibs with the SonicR setup forming, or it doesn't. We don't trade on volume info alone. We trade on SonicR setups, and only use previous VSA info to see if all is in agreement, or not. And a particularly telling part of the SonicR VSA story can be very large climax candles that might signal either the start or the stop of a move, depending on if they appear as PA launches from ranging, or appear during a run already in progress. Finally, if you spot a "level" where historically the ends of such bars seem to align, that can signal a significant S&R level,......a place PA will return to if headed back in that direction.
Below is an example: recent PA has driven down thru the Dragon and looks bearish, lots of red. But watch out for that large green VSA bar in the volume study. It denotes especially high activity at the very lows in price. Is this the closing of shorts, the opening of longs? Could be either, but both constitute "buying", so the drop may be near ending. Then maybe some ranging, then maybe a pop upwards again. See the "maybes"? Need to wait. Maybe there will be a SonicR long setup later.
Why is there the possibility of a long setup sometime later? Look again at the VSA study. Note the green bars earlier. All this buying is in a range, similar to where this current green bar involves trading. One conclusion is this is the range the professionals are using to buy, to build a position. Price got to high, and they brought it back down to resume higher levels of trading again, of buying again. So, later, in the day, next day, next week, the professionals are eventually going to push the price up to make profits on the positions they are buying. Hence, a future SonicR long setup is possible. All this is speculative. Lots of "maybe". But, overall, with care and caution, SonicR VSA can be a useful utility.
Hope this helps,
tah
Been burning midnight oil during this time between US DST and when London goes on DST, working code improvements etc.
Anyway, see lots of discussion on SM's (simply some of my favorite influences in the market!) and on VSA.
Just to clarify and summarize SonicR VSA, it uses only a single aspect of the "VSA" story that is out there. That, and an analysis of the current volume vs average volume. Therefore there are just two things SonicR VSA looks for and colorizes: "Climax" situations and above average situations. This combination get the most juice from the organge, so to speak. Colors? Green is climax on a bull bar. Red is climax on a bear bar. Blue is above average volume (bull and bear bars both). The definitions of "Climax" and of how much above average volume has to be are both discussed in the user notes of the compiles of both the candles and volume indicators that use this SonicR VSA coding.
The significance and how to use are these. These special candles are considered the result of intense activity by the "professional" side of the market. And what they are doing might give a clue as to what is going on, and what will be going on. We Sonikers are encouraged to use signs of "market" activity as confirms (yes/no) for a later SonicR setup. In other words, we use previous VSA signs to validate the setup directions,...the previous VSA story either jibs with the SonicR setup forming, or it doesn't. We don't trade on volume info alone. We trade on SonicR setups, and only use previous VSA info to see if all is in agreement, or not. And a particularly telling part of the SonicR VSA story can be very large climax candles that might signal either the start or the stop of a move, depending on if they appear as PA launches from ranging, or appear during a run already in progress. Finally, if you spot a "level" where historically the ends of such bars seem to align, that can signal a significant S&R level,......a place PA will return to if headed back in that direction.
Below is an example: recent PA has driven down thru the Dragon and looks bearish, lots of red. But watch out for that large green VSA bar in the volume study. It denotes especially high activity at the very lows in price. Is this the closing of shorts, the opening of longs? Could be either, but both constitute "buying", so the drop may be near ending. Then maybe some ranging, then maybe a pop upwards again. See the "maybes"? Need to wait. Maybe there will be a SonicR long setup later.
Why is there the possibility of a long setup sometime later? Look again at the VSA study. Note the green bars earlier. All this buying is in a range, similar to where this current green bar involves trading. One conclusion is this is the range the professionals are using to buy, to build a position. Price got to high, and they brought it back down to resume higher levels of trading again, of buying again. So, later, in the day, next day, next week, the professionals are eventually going to push the price up to make profits on the positions they are buying. Hence, a future SonicR long setup is possible. All this is speculative. Lots of "maybe". But, overall, with care and caution, SonicR VSA can be a useful utility.
Hope this helps,
tah
- #32,175
- Mar 15, 2012 7:30am Mar 15, 2012 7:30am
GM Sonikers!
Been burning midnight oil during this time between US DST and when London goes on DST, working code improvements etc.
Anyway, see lots of discussion on SM's (simply some of my favorite influences in the market!) and on VSA.
Just to clarify and summarize SonicR VSA, it uses only a single aspect of the "VSA" story that is out there. That, and an analysis of the current volume vs average volume. Therefore there are just two things SonicR VSA looks for and colorizes: "Climax" situations and above average situations. This combination...
- #32,176
- Mar 15, 2012 7:50am Mar 15, 2012 7:50am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
EJ:
Does this look like a Double Top to anyone? If so, wonder if the BBs will accomdate the need for symmetry, pump it up and then suddenly start the fall with a gap down?
Will the market inch it up for two more days, sucker in as many longs as possible while going short, and open next week with a gap down?
Nobody knows. Or, could it happen even sooner?
Still looks like a Double Top. One guess is the market is holding things up (and not on just EJ) while building positions for a future fall,...soonest being next week, most likely. (WARNING: Speculative.)
- #32,177
- Mar 15, 2012 8:03am Mar 15, 2012 8:03am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
