some buying on the AUDUSD me thinks?
waiting for the trigger sequence.
waiting for the trigger sequence.
- #23
- Aug 15, 2012 11:03am Aug 15, 2012 11:03am
very close... very close...
in fact i put in a small position. with stop below 1.0450 area.
Attachment
Nice job to spot buying on the way down then the climax on smaller time frame. Did you wait for a test of supply? I see some no supply entries I might have taken but was not trading at the time. But anyway very nice trade!
sure. i will make note to join the skype group. although i hardly use skype because i can only access it at home and i'm usually not consistently home at night(asian hours here)
i'm still learning so actually after the volume spike 5m candle closed i started to go long. granted its a very very aggressive strategy. i did the same thing on the euro and suffered. but i am the sort of learner who learns by doing(unfortunately).
but for safety i think the audusd up move was quite quick. i identified the tipping point for S&D. although would have preferred a lower volume level if i was using the no-supply trigger to enter.
anyway i exited all my longs before i made this post.
i'm still learning so actually after the volume spike 5m candle closed i started to go long. granted its a very very aggressive strategy. i did the same thing on the euro and suffered. but i am the sort of learner who learns by doing(unfortunately).
but for safety i think the audusd up move was quite quick. i identified the tipping point for S&D. although would have preferred a lower volume level if i was using the no-supply trigger to enter.
anyway i exited all my longs before i made this post.
- #25
- Edited 10:21pm Aug 15, 2012 8:32pm | Edited 10:21pm
- | Joined Feb 2011 | Status: Trader | 86 Posts
the reason why i exit my longs and went short was because of this.
later showed up an extra ND before HK,SG,KL stock markets opened
targets anywhere in the 2 orange 1H boxes.
after i saw the 2 selling tails. the first ND came then i entered. i guess i am very aggressive.
.not really watching it. but just occasionally looking back at it in between work. not sure what i mean by this but just mean to post it up i guess. trying to make sense of what i see(if theres any sense). its such a small retrace up but i like to see if i can feel the market's true intentions.
AUDUSD close of the hour-didnt realise it but the SV on 1H is confirmed. but on 5m look like some buying but well not enough information to.
HSI just hit a demand level too.(HSI small range 3m candle with large volume)
funky monkey! some strong buying coming in.
(no HSIchart attached for this so not to confuse)well that HSI(hang seng index) went from 20060(3m small high volume candle) to 20122 right from demand to a supply level on the 3m chart.
audusd. no supply appear?
AUDUSD. no supply threatened but just leaked lower. auctioning lower to find buyers.
HSI 3m preparing to sell down. Nikkei 3m already had a SV right at the top.
later showed up an extra ND before HK,SG,KL stock markets opened
targets anywhere in the 2 orange 1H boxes.
after i saw the 2 selling tails. the first ND came then i entered. i guess i am very aggressive.
.not really watching it. but just occasionally looking back at it in between work. not sure what i mean by this but just mean to post it up i guess. trying to make sense of what i see(if theres any sense). its such a small retrace up but i like to see if i can feel the market's true intentions.
AUDUSD close of the hour-didnt realise it but the SV on 1H is confirmed. but on 5m look like some buying but well not enough information to.
HSI just hit a demand level too.(HSI small range 3m candle with large volume)
funky monkey! some strong buying coming in.
(no HSIchart attached for this so not to confuse)well that HSI(hang seng index) went from 20060(3m small high volume candle) to 20122 right from demand to a supply level on the 3m chart.
audusd. no supply appear?
AUDUSD. no supply threatened but just leaked lower. auctioning lower to find buyers.
HSI 3m preparing to sell down. Nikkei 3m already had a SV right at the top.
- #26
- Edited Aug 16, 2012 2:16am Aug 15, 2012 10:54pm | Edited Aug 16, 2012 2:16am
- | Joined Feb 2011 | Status: Trader | 86 Posts
AUDUSD getting some buying coming in near the 61.8 fib.
rinse repeat on buying at the lows on 5m chart. i dont think this down move altho looks like SV on 1H is a strong level. not sure will see how. last chart before lunch(gg out to lunch after this)
leaked lower but finding some action at the 618 as german market kicks in.
i closed just for safety. SV-NS.lets see how europe plays it out.
more playing out. LO in 4mins.
i'm trying to watch both eurusd and audusd. so posting here will be difficult. but i added a small(1/5th)aggressive position. but looking for price to break the low formed before LO for more adds(betting on the 1H turning into a SV).
HSI(hang seng rolled over from 20110 to 19960. very achieveable with VSA principles)
rinse repeat on buying at the lows on 5m chart. i dont think this down move altho looks like SV on 1H is a strong level. not sure will see how. last chart before lunch(gg out to lunch after this)
leaked lower but finding some action at the 618 as german market kicks in.
i closed just for safety. SV-NS.lets see how europe plays it out.
more playing out. LO in 4mins.
i'm trying to watch both eurusd and audusd. so posting here will be difficult. but i added a small(1/5th)aggressive position. but looking for price to break the low formed before LO for more adds(betting on the 1H turning into a SV).
HSI(hang seng rolled over from 20110 to 19960. very achieveable with VSA principles)
actually im very new at this so just wanted to post what i saw to see if anyone had anything to say about it. but ok i will take note.
ok great, it just looked a little overwhelming at first but I see where you are spotting climax volume and no demand/nosupply. That is a good place to start. Soon I will share some more methods of entry.
ok great, it just looked a little overwhelming at first but I see where you are spotting climax volume and no demand/nosupply. That is a good place to start. Soon I will share some more methods of entry.
i will quietly observe and ask if i have any.
What a setup today. On the E/U 1h yesterday's lows showed accumulation with high volume rejecting off the lows. Today there was a wide spread down candle into that accumulation zone with an up reaction. It was also a spring pattern as fresh lows were rejected. It's the classic way that smart money positions, buying low before an up move. There were a couple entry opportunities on the 15 but also the 1h showed a ns entry just before the whole thing blew.
Hello carramch
I have used SuarSync several times for file sharing. Its free. I will put the web address here but just in case I am not allowed to I will PM it to you.
http://www.sugarsync.com/free/
https://www.sugarsync.com/pf/D8448164_68019046_68753
https://www.sugarsync.com/pf/D8448164_68019046_68765
Hi all,
I'm working on a VSA indicator to augment with my own trading method. I'll be happy to share the VSA with anybody who is interested. I'm aiming to have a draft ready in the next couple of weeks. The first draft is being designed to expose all of the rules that I'm aware of that make-up VSA e.g. absorption, supply test, etc. The indicator will show what is happening verbatim style candle by candle. I'm aware there is MT4 VSA indicators already in existence but from what I've seen they're not very good or reliable. Over time I see the...
