Ah yes, I saw HG mention them the other day, haven't got around to watching that video yet. Cheers mate!
- #23,441
- Dec 17, 2012 3:12pm Dec 17, 2012 3:12pm
- Joined Dec 2009 | Status: Trader | 2,367 Posts
- #23,442
- Dec 17, 2012 3:22pm Dec 17, 2012 3:22pm
- Joined Oct 2010 | Status: Looking at a few more charts... | 1,195 Posts
His name is Richard D. Don't know what the D stands for. You should watch it, you'll see a familiar trading style
- #23,443
- Dec 17, 2012 3:33pm Dec 17, 2012 3:33pm
- Joined Dec 2009 | Status: Trader | 2,367 Posts
It's you! That's where you've been for the last year!
I look more like the chap he's holding!!!!!!!!!!!!!!!
- #23,444
- Dec 17, 2012 3:40pm Dec 17, 2012 3:40pm
- Joined Oct 2010 | Status: Looking at a few more charts... | 1,195 Posts
- #23,445
- Dec 17, 2012 3:56pm Dec 17, 2012 3:56pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
As I have said before..........TG is watching.
The newest video on the TG Youtube channel is about using P&F and Kagi charting techniques along with VSA.
I guess they want to steal Kinsaleforex's thunder.
The newest video on the TG Youtube channel is about using P&F and Kagi charting techniques along with VSA.
I guess they want to steal Kinsaleforex's thunder.
Without VSA, you're playing checkers while the Smart Money plays chess.
- #23,446
- Dec 17, 2012 4:00pm Dec 17, 2012 4:00pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Without VSA, you're playing checkers while the Smart Money plays chess.
- #23,447
- Dec 17, 2012 4:03pm Dec 17, 2012 4:03pm
As I have said before..........TG is watching.
The newest video on the TG Youtube channel is about using P&F and Kagi charting techniques along with VSA.
I guess they want to steal Kinsaleforex's thunder.
Seek not to change the world; seek only to change your mind about the world
- #23,448
- Dec 17, 2012 4:10pm Dec 17, 2012 4:10pm
- Joined Oct 2010 | Status: Looking at a few more charts... | 1,195 Posts
As I have said before..........TG is watching.
The newest video on the TG Youtube channel is about using P&F and Kagi charting techniques along with VSA.
I guess they want to steal Kinsaleforex's thunder.
I am still waiting for the two big guns to reply to the quiz.
Intel?
Pres78?
Although I can be wrong, none of the answers given match what I have. Most have all but a few correct.
i'll have to go have another look then.
- #23,449
- Dec 17, 2012 4:18pm Dec 17, 2012 4:18pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Damn it, shoulda kept my big mouth shut! I remember back in the days when my Dad bought Tradeguider V2, there was a greyed out PnF button in the tool bar that was to be used in a future release. Then it mysteriously disappeared when V3 was released!.
.
Without VSA, you're playing checkers while the Smart Money plays chess.
- #23,450
- Edited 7:40pm Dec 17, 2012 5:52pm | Edited 7:40pm
- Joined Sep 2010 | Status: I'm not here... or am I? | 4,000 Posts
We haven't had one of these in a while.
Your mission, should you choose to accept it, is to match the numbers with the bar discriptions. If you fell a better discription for the bar exists, you can use that. Exta credit: part I: define your entry (ies). Part II: match the extra definition to the correct bar.
2. A. Demand Swamping Supply
3. E. Supply Swamping Demand
4. B. Hidden Test
5. G. Down Squat
6. H. Climatic Action (I see this and bar #10 as climatic action so I am confused about which is supposed to be it for this quiz)
7. K. Supply Coming In
8. F. Test
9. J. No Demand (I don't agree with this fully but this is the only one I can see would be a red dot ND)
10. H. Climatic Action and if not then I`ll call this one the official C. Up Squat
11. L. Hidden Test
12. I. Test
I see the bar 2 after # 9 as N. Pushing thru Supply
I see that either the bar after 6 or the bar after 9 is the C. Up Squat
I have no idea where the second test is... plus you said only 1 extra definition but this makes two... I guess 4 bars afer 9 could be viewed as a test M. Test
As for entries I see 2 possible and 1 that I would take day in and day out.
Possible entry 1 is on the re-break of the high of bar # 3. This bar contained all upbars until bar 7. Bar 7 showed some bull interest but also remaining supply. Then we came back down on increased volume downbar followed by a NS /test (bar 8) and then bar 9 which is a NS/UT and then the next bar which was an effort to fall whihc closed back above the high of bar 1 which at the time was still the highest volume of the day and the control bar for the lower price action. We have seen the climatic action into the low of bar 1 on bar 6 which made the lowest low but closed above the low of bar 1... all of this combined with lack of selling after seeing the inital attempt at range breakout makes this a decent long entry.
Entry that I would take is the push out through supply two bars after bar 9 which had the next bar up showing us that SM were buying more than selling and then a NS bar followed by what could almost be called a hidden test. We are above the highest volume zone of the day and see no SM selling so long is the safest bet. We have only moved 45 pips or so so we should still have some room overhead. Obviously I would consider any overhead zones for targets and resistance but this is a no brainer trade for me. Also we have broken though and are above that 3100 level...
Possible entry 2 is going long off the test bar #12. Test is of the close of bar 10 so I would be more wary as we are right below the high but we did make a breif break once already and the BG is strong. We are also testing into 3130 which for me is an important 1hr zone level from back in September and we have room up to the next level at 3150 and then 3170 so this trade would be considered... the ADR would play a factor as we have now moved 70+ pips
That's my 2 cents I guess since HG called me out and forced me to reply
Always love the tests HG good to see some people have replied nothing better than some team learning!
For me seeing the entries based on my VZA is much easier than assigning the right names to bars... guess I need to go back to VSA school!
Today's zone = Tomorrow's opportunity!
- #23,451
- Dec 17, 2012 7:01pm Dec 17, 2012 7:01pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
1. D. Reverse Up Thrust
2. A. Demand Swamping Supply
3. E. Supply Swamping Demand
4. B. Hidden Test
5. G. Down Squat
6. H. Climatic Action (I see this and bar #10 as climatic action so I am confused about which is supposed to be it for this quiz)
7. K. Supply Coming In
8. F. Test
9. J. No Demand (I don't agree with this fully but this is the only one I can see would be a red dot ND)
10. H. Climatic Action and if not then I`ll call this one the official C. Up Squat
11....
Official Answers:
1. D. Reverse Up Thrust (Shake Out is a good alternative response. However, the volume is a bit low for a shake out)
2. A. Demand Swamping Supply
3. E. Supply Swamping Demand
4. B. Hidden Test
5. G. Down Squat
6. H. Climatic Action (The volume could be higher for Climatic Action, but what cannot be seen is that the range of this interval is the widest range in the last 40 intervals. Thus this is more climatic for its range than for its volume.) Nice pick up on this one to all who got it.
7. K. Supply Coming In (I am surprised here that so many people got the Pushing thru supply correct (( 2 intervals after #9.)) but did not see this as at least some of the supply that was being pushed thru. Up squat is also a reasonable response. Supply swamping demand works here as well. Since we have a narrow range up interval closing in the middle of its range on increasing volume.)
8. F. Test
9. J. No Demand (This somewhat falls into a Polar bear in Hawaii. It is No Demand in the wrong place. If you have TG or watch a webinar, play close attention to the dialog box for No Demand. The second line states, "...This can be a down bar if the bar makes a higher high than the previous bar..".)
10. C. Up Squat (officially, I was looking for an Up Squat. Climatic Action is a good answer as well. Had the volume been higher, End of a Rising market would work as well.)
11. L. Hidden Test
12. I. Test
As for entries, the best entry in my opinion is the unmarked. No Supply bar that comes after we see Pushing thru Supply. Which just goes to show you that it all comes down to being able to actually read the bars....
#'s 11 and 12 make good entries as well.
#8 is an agressive entry. I think the interval after #9 is also valid and aggressive if you see it as a high volume test.
Thanks for all the reponses.
Without VSA, you're playing checkers while the Smart Money plays chess.
- #23,455
- Dec 18, 2012 10:53am Dec 18, 2012 10:53am
- Joined Dec 2009 | Status: Trader | 2,367 Posts
Show off
Official Answers:
1. D. Reverse Up Thrust (Shake Out is a good alternative response. However, the volume is a bit low for a shake out)
2. A. Demand Swamping Supply
3. E. Supply Swamping Demand
4. B. Hidden Test
5. G. Down Squat
6. H. Climatic Action [color=blue](The volume could be higher for Climatic Action, but what cannot be seen is that the range of this interval is the widest range in the last 40 intervals. Thus this is more...
Absolute class as always
Really sorry I didn't put an answer in. I will make sure I do next time
- #23,456
- Dec 18, 2012 11:33am Dec 18, 2012 11:33am
- Joined Dec 2009 | Status: Trader | 2,367 Posts
Show off
Official Answers:
1. D. Reverse Up Thrust (Shake Out is a good alternative response. However, the volume is a bit low for a shake out)
2. A. Demand Swamping Supply
3. E. Supply Swamping Demand
4. B. Hidden Test
5. G. Down Squat
6. H. Climatic Action [color=blue](The volume could be higher for Climatic Action, but what cannot be seen is that the range of this interval is the widest range in the last 40 intervals. Thus this is more...
Short on bar 4 - not sure from the chart whether TP would have hit or not....looks close.
Long 2 bars before bar 10 is also a possibility.
- #23,458
- Dec 18, 2012 12:08pm Dec 18, 2012 12:08pm
- Joined Sep 2010 | Status: I'm not here... or am I? | 4,000 Posts
Today's zone = Tomorrow's opportunity!
- #23,459
- Dec 18, 2012 12:29pm Dec 18, 2012 12:29pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Without VSA, you're playing checkers while the Smart Money plays chess.
- #23,460
- Dec 18, 2012 12:41pm Dec 18, 2012 12:41pm
Show off
Official Answers:
1. D. Reverse Up Thrust (Shake Out is a good alternative response. However, the volume is a bit low for a shake out)
2. A. Demand Swamping Supply
3. E. Supply Swamping Demand
4. B. Hidden Test
5. G. Down Squat
6. H. Climatic Action [color=blue](The volume could be higher for Climatic Action, but what cannot be seen is that the range of this interval is the widest range in the last 40 intervals. Thus this is more...
what is a hidden test supposed to achieve? ie whats the point of SM for this move?