vsa with Malcolm | Page 1262 | 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

  • #25,221
  • Feb 12, 2014 5:46am Feb 12, 2014 5:46am
Quoting Connected
{quote} Hi Deas, have you read Tom Williams book 'The undeclared secrets that drive the stock market'? I really recommend it, a very interesting book with regards to VSA. I am looking for a good book that speaks about accumulation and distribution areas and how to identify them as they develop. I was wondering with your analysis, if for example we were looking at EURUSD being in an accumulation stage, would this mean that the USD/CHF would have a high probability of being in a distribution phase?
No, I have not read this book. I am not looking for correlations of different graphs. Euro has its futures, franc has its own futures. All of them have their own volume. Now I look USD/CHF. Maybe, tomorrow I'll add it to your review.

Attached Image (click to enlarge)
Click to Enlarge Name: 14.png Size: 92 KB
  • #25,222
  • Feb 13, 2014 2:00am Feb 13, 2014 2:00am
Market Review 13.02.2014(EUR,GBP,AUD,CAD,CHF,JPY,RUB)
EUR/USD
Euro down to 1.3562. Volumes are near 1.3565-1.3590. Price stopped lower than I expected. I do not consider selling. Today I would like to see the first half of the day 1.3638, correction and accumulation volumes below, up to 1.3580 and go higher in the U.S. session at 1.3700.

http://ic.pics.livejournal.com/deas8.../40823_900.png

GBP/USD
Yesterday pound showed dynamics better than I expected. We are located at the upper border of a large movement 1.6250-6670. Dynamics has not changed, but with each update of the maximum price draws large volumes. I do not rule today movements in both directions. I will watch over volumes and only then enter the market. The objective in the area of ​​1.6625-6670, possible retest of 1.6550, 1.6520.

http://ic.pics.livejournal.com/deas8.../41201_900.png

AUD/USD
The Australian did not take aim 0.9085. Now we are in the previous accumulation zone 0.8900-0.8965 where I would look to buy. I'll buy on volume, but while I'm out of the market.

http://ic.pics.livejournal.com/deas8.../41426_900.png

USD/CAD
I fixed part of the position at 1.0995, as price has formed a new zone 1.0980-1.1000. I will observe the behavior of prices and expect corrective recovery towards 1.1025, followed by retest 1.0980-1.1000. If there is no volume, we will go to 1.0900.

http://ic.pics.livejournal.com/deas8.../41508_900.png

USD/CHF
I consider franc bearish scenario. I'm waiting for retest 0.9005-0.9025, there will sell with a stop 0.9065 and below the minimum 0.8940 objectives.

http://ic.pics.livejournal.com/deas8.../41955_900.png

USD/JPY
Yen continues to consolidate in the range of 102.00-102.60. I will watch the price in this area. I am considering buying after provocation just below 102 with a stop at 101.20 and goals 102.95, 103.45

http://ic.pics.livejournal.com/deas8.../42170_900.png

USD/RUB
Continue to expect provocations below 34.45 or the emergence of large volumes. When returning prices will buy with the objectives 34.93, 35.10-35.20.

http://ic.pics.livejournal.com/deas8.../42247_900.png
  • #25,223
  • Feb 13, 2014 2:00am Feb 13, 2014 2:00am
Market Review 13.02.2014(WTI,XAU,XAG,S&P500,NASDAQ)


WTI
Oil came out of the accumulation zone volumes 99.85-100.30 to 101.33. There were large amounts (we updated 100.75 - the previous high end of 2013.). Price came back. At the moment I'm waiting for provocation below 99.57 and return to the accumulation zone 99.85-100.30, then I will buy the first objective, followed by 101.10 and 104.40. Otherwise, if there is a deeper pullback in the 99.00-99.50 area and refund of the price correction to 99.80-100.30 will sell for the purpose of 97.35 and 101.33 with a stop.

http://ic.pics.livejournal.com/deas8.../44422_900.png

XAU/USD
Gold continues to update highs. There are large volumes. Goal is 1300. I expect to return prices to 1284-1290 and the appearance of large amounts of buying.

http://ic.pics.livejournal.com/deas8.../43027_900.png

XAG/USD
I closed on the sale of silver, disbanded the accumulation zone. I'll be watching the movement of the metal. On the one hand, there are prerequisites to go higher, but on the other hand, if we continue to consolidate around 20.05-20.23, it is likely to go into a deeper correction to 19.75 area. Maybe I'll buy when a large volume in the region 20.05-20.23 with a stop at 19.91, and the objectives above 20.60. But risks are high.

http://ic.pics.livejournal.com/deas8.../43492_900.png

S&P500
Prices touched in 1822 and returned below the zone of accumulation volumes 1812-1818. While I was out of the market. Perhaps then we will accumulate volumes for a deeper correction in the district 1787-1794.

http://ic.pics.livejournal.com/deas8.../43742_900.png

NASDAQ
The index shows a positive trend with a minimum 3411. Accumulated volume in the zone 3612-3630. I expect to see these prices sideways movement with a provocative removal of above 3634.

http://ic.pics.livejournal.com/deas8.../43785_900.png
  • #25,224
  • Feb 13, 2014 5:22am Feb 13, 2014 5:22am
Quoting Deas
{quote} No, I have not read this book. I am not looking for correlations of different graphs. Euro has its futures, franc has its own futures. All of them have their own volume. Now I look USD/CHF. Maybe, tomorrow I'll add it to your review. {image}


If you haven't read any of Tom Williams books then how do you trade volume? I don't get it(which is required reading for this thread). If and when you read the books you wouldn't have "if" price does this or "I will do this" scenarios, you'll exactly know where price is going to go.
  • #25,225
  • Feb 13, 2014 5:46am Feb 13, 2014 5:46am
Quoting Jer21
{quote} If you haven't read any of Tom Williams books then how do you trade volume? I don't get it(which is required reading for this thread). If and when you read the books you wouldn't have "if" price does this or "I will do this" scenarios, you'll exactly know where price is going to go.
Nobody on the market can not say exactly where the price is at the moment. Even if you read lots of books, you will not be successful in trading. I chose the patterns in which I have a certain set of rules open positions. Therefore, I have an algorithm "if ... then ....". Any trader enjoys it. He can not read a book for this.
  • #25,226
  • Feb 13, 2014 5:57am Feb 13, 2014 5:57am
Quoting Deas
{quote} Nobody on the market can not say exactly where the price is at the moment. Even if you read lots of books, you will not be successful in trading. I chose the patterns in which I have a certain set of rules open positions. Therefore, I have an algorithm "if ... then ....". Any trader enjoys it. He can not read a book for this.
Disagree, VSA is known for timing the market to its very tea if you know how to read it. The great thing about VSA is it teaches you how to limit the risk and gain the whole world.
  • #25,227
  • Feb 13, 2014 6:10am Feb 13, 2014 6:10am
Quoting Jer21
{quote} Disagree, VSA is known for timing the market to its very tea if you know how to read it. The great thing about VSA is it teaches you how to limit the risk and gain the whole world.
I always use in your trading profit and stop levels, there is a risk to the transaction. I'll be glad to communicate with any specific information on the current situation from you. Otherwise, the current communication is useless meaning.
  • #25,228
  • Feb 13, 2014 6:12am Feb 13, 2014 6:12am
Quoting Deas
Market Review 13.02.2014
Interesting..

I suppose I have the opposite view of EU for longer term.
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 68 KB
  • #25,229
  • Feb 13, 2014 6:22am Feb 13, 2014 6:22am
Quoting Jer21
{quote} Disagree, VSA is known for timing the market to its very tea if you know how to read it. The great thing about VSA is it teaches you how to limit the risk and gain the whole world.
It can be. and for most people, myself included it shouldnt be used to time the market perfectly. Using VSA for example to stack up demand zones to put odds in your favor then taking a test once the demand zone has been broken.

Just saying that VSA IMO shouldnt be held as a holy grail but rather to identfy where S/D are hanging around at.
  • #25,230
  • Feb 13, 2014 6:33am Feb 13, 2014 6:33am
Quoting Deas
{quote} I always use in your trading profit and stop levels, there is a risk to the transaction. I'll be glad to communicate with any specific information on the current situation from you. Otherwise, the current communication is useless meaning.
Sorry, my research findings is for my eyes only. I suggest you decipher those books and you'll see price action in a different way.
  • #25,231
  • Feb 13, 2014 6:52am Feb 13, 2014 6:52am
Quoting SimpleDev
{quote} It can be. and for most people, myself included it shouldnt be used to time the market perfectly. Using VSA for example to stack up demand zones to put odds in your favor then taking a test once the demand zone has been broken. Just saying that VSA IMO shouldnt be held as a holy grail but rather to identfy where S/D are hanging around at.
It's all about risk/reward. Timing the market means very little risk, isn't that what trading is all about? Knowing where exactly the market will turn is holy grail to me.
  • #25,232
  • Feb 13, 2014 7:10am Feb 13, 2014 7:10am
Quoting Jer21
{quote} It's all about risk/reward. Timing the market means very little risk, isn't that what trading is all about? Knowing where exactly the market will turn is holy grail to me.
Heh.. I see where you are coming from. I gather you are trading as Tom Williams did, from what I have seen he paid very little attention to trend to which where when he saw supply overcoming demand he had no issues with picking tops. In a lot of video you will hear Gavin correct him that we shouldnt tops.

I always saw the holy grail as knowing for certain a consolidation zone was strength/weakness so if you knew for sure that you could buy/sell with no doubts. So basically I was inferring VSA gives an edge to whether a zone is demand/supply and when it breaks out then to look for entries. But fuck maybe I am wrong.

Either way, hope to see you around more often.
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.png Size: 97 KB
  • #25,233
  • Feb 13, 2014 7:25am Feb 13, 2014 7:25am
Gotta love Wyckoff!

'An acumulation or distribution trading range or congestion zone could be thought of as an interval of market rest. Dullness can set in and these periods of lifelessness can mark the close of each chapter, because the factors active in producing the main movement, its start, climax and collapse, have spent their force. Prices therefore settle into a groove where they remain until affected by some powerful influence.'
Tracking the Specialists.
  • #25,234
  • Feb 13, 2014 7:27am Feb 13, 2014 7:27am
Quoting Deas
Market Review 13.02.2014(EUR,GBP,AUD,CAD,CHF,JPY,RUB) EUR/USD Euro down to 1.3562. Volumes are near 1.3565-1.3590. Price stopped lower than I expected. I do not consider selling. Today I would like to see the first half of the day 1.3638, correction and accumulation volumes below, up to 1.3580 and go higher in the U.S. session at 1.3700. {image} GBP/USD Yesterday pound showed dynamics better than I expected. We are located at the upper border of a large movement 1.6250-6670. Dynamics has not changed, but with each update of the maximum price draws...
Nice accumulation/distribution charts thanks for sharing Deas, I see you put the USDCHF in there too!
Tracking the Specialists.
  • #25,235
  • Feb 13, 2014 7:50am Feb 13, 2014 7:50am
Quoting Connected
Gotta love Wyckoff! 'An acumulation or distribution trading range or congestion zone could be thought of as an interval of market rest. Dullness can set in and these periods of lifelessness can mark the close of each chapter, because the factors active in producing the main movement, its start, climax and collapse, have spent their force. Prices therefore settle into a groove where they remain until affected by some powerful influence.'
Lifelessness..

Interesting Connected.
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.png Size: 75 KB
  • #25,236
  • Feb 13, 2014 7:59am Feb 13, 2014 7:59am
Quoting SimpleDev
{quote} Lifelessness.. Interesting Connected. {image}
USDCHF looks like it could be very much 'alive' very soon!
Tracking the Specialists.
  • #25,237
  • Feb 13, 2014 8:33am Feb 13, 2014 8:33am
Quoting Connected
{quote} USDCHF looks like it could be very much 'alive' very soon!
Lets see what happens..
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.png Size: 77 KB
  • #25,238
  • Feb 13, 2014 9:23am Feb 13, 2014 9:23am
This is a short-term trading on provocations after the news. The risk is small, against the local trend. During the day, I think to close.

Attached Image (click to enlarge)
Click to Enlarge Name: 11.png Size: 94 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 12.png Size: 97 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 13.png Size: 96 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 14.png Size: 96 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 96 KB
  • #25,239
  • Feb 13, 2014 9:29am Feb 13, 2014 9:29am
Interesting Deas , thanks. What MP indicator use?
Newbie trader
  • #25,240
  • Feb 13, 2014 10:06am Feb 13, 2014 10:06am
Quoting fex
Interesting Deas , thanks. What MP indicator use?
Good day! Write to me in PM. I write there.
88 traders viewing now