vsa with Malcolm | Page 1329 | 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

  • #26,561
  • Apr 12, 2015 9:23pm Apr 12, 2015 9:23pm
Quoting HiddenGap
{quote} Don't you dare!!!!!!!! We appreciate them very much. Some of us wish that certain people would take your lead and start posting more. And by certain people, I mean everyone.

Thanks HG. Usually I don't do trades on Sunday night due to the low liquidity, so I demo instead. Got long in the fantasy account the USDCAD on a half hour bar basic test with harmony in West Texas Intermediate Crude getting some loving.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM30 long.png Size: 33 KB
  • #26,562
  • Apr 13, 2015 2:15am Apr 13, 2015 2:15am
Chart is Chart is chart.. but we need confidence exited below that up thrust should have to wait still amateur.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 74 KB
Think Twice Low Volume is Key to Success
  • #26,563
  • Apr 13, 2015 2:19am Apr 13, 2015 2:19am
and now this happened.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 74 KB
Think Twice Low Volume is Key to Success
  • #26,564
  • Apr 13, 2015 3:05am Apr 13, 2015 3:05am
Quoting HiddenGap
{quote} ...A down climatic action candle on a wide spread closing slightly off the low with the next candle up is a sign of strength...
Hello HiddenGap,

The above lines are from an old post of yours, here's the link since I'm not allowed to post there I'm posting here, hope it's awright with everyone concerned.

You say climatic action candle on a wide spread closing slightly off the low is SoS, so how to differentiate between a bar like this & an effort to fall?

What I've noticed is in many of your posts you have marked wide bars with high volume with close off the low as "Effort to fall", I thought an effort to fall is a sign of weakness.

Thank you.
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #26,565
  • Apr 13, 2015 3:29am Apr 13, 2015 3:29am
Quoting Vcv13
{quote} Hello HiddenGap, The above lines are from an old post of yours, here's the link since I'm not allowed to post there I'm posting here, hope it's awright with everyone concerned. You say climatic action candle on a wide spread closing slightly off the low is SoS, so how to differentiate between a bar like this & an effort to fall? What I've noticed is in many of your posts you have marked wide bars with high volume with close off the low as "Effort to fall",...
Was thinking same as you but read about it in HG's old posts about effort to fall.
I think for effort to sell should have weakness in BG and some demand .. but love to see HG views and comments to correct myself as well. thanks for raising a nice question.
Good Luck !
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 80 KB
Think Twice Low Volume is Key to Success
  • #26,566
  • Apr 13, 2015 3:34am Apr 13, 2015 3:34am
I am also going to be a single time frame Trader. here is the outcome of that. any thought on these hammers they look like demand coming in at bottom and test in a rising market but they kill.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 76 KB
Think Twice Low Volume is Key to Success
  • #26,567
  • Apr 13, 2015 3:54am Apr 13, 2015 3:54am
I donno how HG does it, is it subsequent price action or where exactly the close of the bar is, on the low or off it.

Attached Image (click to enlarge)
Click to Enlarge Name: Snap18.jpg Size: 127 KB
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #26,568
  • Edited 4:51am Apr 13, 2015 4:40am | Edited 4:51am
here is current
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
Click to Enlarge Name: Screenshot2.png Size: 77 KB
Click to Enlarge Name: Screenshot3.png Size: 74 KB
Think Twice Low Volume is Key to Success
  • #26,569
  • Edited 6:56am Apr 13, 2015 4:48am | Edited 6:56am
Quoting Vcv13
I donno how HG does it, is it subsequent price action or where exactly the close of the bar is, on the low or off it. {image}
but still we need guidance from HG. because i am drawing it on history

Long on EU after Test
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 64 KB
Click to Enlarge Name: Screenshot2.png Size: 72 KB
Click to Enlarge Name: Screenshot3.png Size: 69 KB
Click to Enlarge Name: Screenshot4.png Size: 75 KB
Think Twice Low Volume is Key to Success
  • #26,570
  • Apr 13, 2015 7:41am Apr 13, 2015 7:41am
Just a 2nd Short Trade on what i see after NY open (Purple Vertical Line) quickly @BE and stopped out on first trade.
on this I am not sure about target to be honest lets see ..any idea and suggestion about target will be helpful.

2nd one was also stopped out @BE.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 74 KB
Click to Enlarge Name: Screenshot2.png Size: 74 KB
Think Twice Low Volume is Key to Success
  • #26,571
  • Apr 13, 2015 7:56am Apr 13, 2015 7:56am
Quoting classix
Just a 2nd Short Trade on what i see after NY open (Purple Vertical Line) quickly @BE and stopped out on first trade. on this I am not sure about target to be honest lets see ..any idea and suggestion about target will be helpful. 2nd one was also stopped out @BE. {image} {image}
Why are you shorting above a green moving average?
Today's zone = Tomorrow's opportunity!
  • #26,572
  • Apr 13, 2015 8:05am Apr 13, 2015 8:05am
market makers always welcome donors...
The Market pays you to be disciplined
  • #26,573
  • Apr 13, 2015 8:24am Apr 13, 2015 8:24am
At 0830 ET (gmt-5) in USDCAD there was a little upthrust with a big slug of sell volume.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-5m-0830ET-bigvol.png Size: 132 KB
  • #26,574
  • Apr 13, 2015 8:24am Apr 13, 2015 8:24am
Quoting mima
market makers always welcome donors...
they are doing their jobs. Damn.

Best,
D.P.
Hunting High and Low
  • #26,575
  • Apr 13, 2015 8:49am Apr 13, 2015 8:49am
Quoting Dr.Phoenix
{quote} they are doing their jobs. Damn. Best, D.P.
Check out the dummies selling on the low in EURUSD. Primary dealers marked it up against that selling to run their stops..
Attached Image (click to enlarge)
Click to Enlarge Name: EU15-sellers on the lows.png Size: 55 KB
  • #26,576
  • Apr 13, 2015 9:18am Apr 13, 2015 9:18am
Quoting rbumbalough
{quote} Check out the dummies selling on the low in EURUSD. Primary dealers marked it up against that selling to run their stops.. {image}
I am awaiting selling backwards to 1,05550 area. For sure

Best,
D.P.
Hunting High and Low
  • #26,577
  • Apr 13, 2015 9:26am Apr 13, 2015 9:26am
Quoting Dr.Phoenix
{quote} I am awaiting selling backwards to 1,05550 area. For sure Best, D.P.
Good plan. PD's marked it up to about 1.06 and then let it fall back 40 pips or thereabouts. Good job kudos to those who rang the cash register on that one. (Cha-Ching!)
  • #26,578
  • Apr 13, 2015 9:39am Apr 13, 2015 9:39am
Quoting pres78
{quote} Why are you shorting above a green moving average?
This how i was looking
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 78 KB
Think Twice Low Volume is Key to Success
  • #26,579
  • Edited 10:24am Apr 13, 2015 9:59am | Edited 10:24am
Quoting classix
{quote} This how i was looking {image}
OK but still why have the moving average on your chart if you are willing to trade against it?

2 bars after NYO, why SOW? The bar closed on it's low sure but next bars were up not down.

Also I would be wary of that bar you marked as UT as it came right after a reverse UT or SO. This pattern tends to lead to trend continuation.

Just picture what the SM accomplished on those 3 bars. Between those 3 spikes they managed to absorb / removed the sellers and shook out some weak buyers also on the spike downward. Path was cleared and up we went.

Just be careful in seeing SOW or SOS until we see the reactions. Effort versus Result.
Today's zone = Tomorrow's opportunity!
  • #26,580
  • Apr 13, 2015 10:45am Apr 13, 2015 10:45am
Quoting pres78
{quote} OK but still why have the moving average on your chart if you are willing to trade against it? 2 bars after NYO, why SOW? The bar closed on it's low sure but next bars were up not down. Also I would be wary of that bar you marked as UT as it came right after a reverse UT or SO. This pattern tends to lead to trend continuation. Just picture what the SM accomplished on those 3 bars. Between those 3 spikes they managed to absorb / removed the sellers and shook out some weak buyers also on the spike downward. Path was cleared and up we went....
i just want to be in early you can say aggressive entry and neglected moving average coz inside high volume zone and that high volume on up bar followed by ND squat type bar and UT made my way to weakness but in fact that was absorption as you commented. that SO and UT hammers are Ping Pong always block me..
but learned new things today.
Thanks SIR always my hero.
Think Twice Low Volume is Key to Success
7 traders viewing now