vsa with Malcolm | Page 1340 | 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

  • #26,781
  • May 20, 2015 6:15am May 20, 2015 6:15am
I'm not sure how to put this and I don't want to be too clichéd so i'll just get straight to the point.

I withdrew my funds and closed my trading account today.

I've decided that trading is going on the back burner for a while, potentially forever. That is left to be seen. I've spent a lot of time at this and haven't got anywhere with it. It's time for a change.

I cannot express how much this thread has helped me. A huge thank you to everyone that has contributed and personally helped me since I joined in October 2010.

A few thank yous;

I can't go without mentioning the old guard - Malcolm, Intel, Dr.G, Beljevina and Sonofsin5.

Also, a personal thank you to Steve Gill, pres78, HiddenGap, SimpleDev and 1pipperhour who have put up with me quite a bit!

Anyone i've chatted with / pmd / shared charts with.

Thank you!
  • #26,782
  • May 20, 2015 6:37am May 20, 2015 6:37am
Quoting KinsaleForex
I'm not sure how to put this and I don't want to be too clichd so i'll just get straight to the point. I withdrew my funds and closed my trading account today. I've decided that trading is going on the back burner for a while, potentially forever. That is left to be seen. I've spent a lot of time at this and haven't got anywhere with it. It's time for a change. I cannot express how much this thread has helped me. A huge thank you to everyone that has contributed and personally helped me since I joined in October 2010. A few thank yous; I can't go...
OMG!!!
Think Twice Low Volume is Key to Success
  • #26,783
  • May 20, 2015 7:00am May 20, 2015 7:00am
Quoting KinsaleForex
I'm not sure how to put this and I don't want to be too clichd so i'll just get straight to the point. I withdrew my funds and closed my trading account today. I've decided that trading is going on the back burner for a while, potentially forever. That is left to be seen. I've spent a lot of time at this and haven't got anywhere with it. It's time for a change. I cannot express how much this thread has helped me. A huge thank you to everyone that has contributed and personally helped me since I joined in October 2010. A few thank yous; I can't go...
Much respect and beleive me I understand. I have been there my friend.

You know how to reach me.

All the best,

Jason
Today's zone = Tomorrow's opportunity!
  • #26,784
  • May 20, 2015 7:33am May 20, 2015 7:33am
Quoting pres78
{quote} This all played out nicely end of last week and the start of this week. I hope others made some $ off the USD strength. It was well due as many pairs were in need of these retraces for new position building.
Be wary at the moment as it appears the USD strength has perhaps run it's course. Still too early today to say for sure but there are some signs of possible resumption of trends coming on pairs like EURUSD, GBPUSD, USDCAD etc...

Time will tell. I will evalute further at the end of day (note that this is based on Daily charts ONLY - using volume of course ). Playing the major trends as well as the retraces.
Today's zone = Tomorrow's opportunity!
  • #26,785
  • May 21, 2015 5:11am May 21, 2015 5:11am
Anyone long on EurNzd?
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #26,786
  • May 21, 2015 6:18am May 21, 2015 6:18am
Quoting Vcv13
Anyone long on EurNzd?
Not me, I am long on GBPNZD however (and a few other GBP pairs).
Today's zone = Tomorrow's opportunity!
  • #26,787
  • May 21, 2015 11:26am May 21, 2015 11:26am
Quoting pres78
{quote} Not me, I am long on GBPNZD however (and a few other GBP pairs).

Hi pres

could you tell me if a wide spread bar can have a zone even if volume on this bar is negligible? this is the 2nd time I've noticed such a behaviour.

pls see the below chart see how PA is respecting the low & mid.

Thanks

Attached Image (click to enlarge)
Click to Enlarge Name: vh.png Size: 17 KB
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #26,788
  • May 21, 2015 11:33am May 21, 2015 11:33am
Quoting Vcv13
{quote} Hi pres could you tell me if a wide spread bar can have a zone even if volume on this bar is negligible? this is the 2nd time I've noticed such a behaviour. pls see the below chart see how PA is respecting the low & mid. Thanks {image}
Yes if it accomplished something. That bar volume is low because it's time of day however it took out 3 noticeable swings lows closing below all 3. Based on that fact alone I would keep an eye on that bar. That May 19th bar was NZD news driven (key areas to watch).
Today's zone = Tomorrow's opportunity!
  • #26,789
  • May 21, 2015 12:08pm May 21, 2015 12:08pm
cool, next time I'd be more careful. Thanks once again
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #26,790
  • May 21, 2015 12:22pm May 21, 2015 12:22pm
Quoting Vcv13
cool, next time I'd be more careful. Thanks once again
Notice the delta zone it left behind as well and it's result - lower prices another WRB.
  • #26,791
  • May 22, 2015 8:26am May 22, 2015 8:26am
yeah now everything is falling in place like tetris

is there an official name for a bar like this, I think I'll call this as "Hidden Zone".

Attached Image (click to enlarge)
Click to Enlarge Name: hz.png Size: 23 KB
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #26,792
  • May 22, 2015 8:33am May 22, 2015 8:33am
Quoting Vcv13
yeah now everything is falling in place like tetris is there an official name for a bar like this, I think I'll call this as "Hidden Zone". {image}
That WRB zone you have marked has a hidden gap in it yes, it's not drawn exactly as such but the general area is correct. It's a bit above the inside bar/ND.
  • #26,793
  • May 22, 2015 8:40am May 22, 2015 8:40am
Quoting KinsaleForex
I'm not sure how to put this and I don't want to be too clichd so i'll just get straight to the point. I withdrew my funds and closed my trading account today. I've decided that trading is going on the back burner for a while, potentially forever. That is left to be seen. I've spent a lot of time at this and haven't got anywhere with it. It's time for a change. I cannot express how much this thread has helped me. A huge thank you to everyone that has contributed and personally helped me since I joined in October 2010. A few thank yous; I can't go...
For a certain time there were only your charts ( & those of pres78 and HiddenGap ) of much use to me. So I am sorry to see you go. I am still a quiet reader of this excellent thread and it is me who has to thank YOU for all your effort & willingness to contribute.

Have you tried trading shares/stocks with vsa ? For me ( and I remember Anna Coulling having said that as well ) it is much easier. Without sounding too dramatic, the first few easy profits with stocks almost brought me to tears. Kind of : all these years struggling for peanuts, not knowing that a diamond was under my pillow.

But either way, I wish you lots of success in your endevours.

M.
Be like water.
  • #26,794
  • May 22, 2015 10:32am May 22, 2015 10:32am
Quoting Vcv13
yeah now everything is falling in place like tetris is there an official name for a bar like this, I think I'll call this as "Hidden Zone". {image}
I would call this an "Effort To Fall" myself. While the volume is not high, it is clear who was in charge of this interval-sellers. From a VSA perspective, this is the epitome of what a healthy weak bar should look like. The volume is increasing, but not excessive. The spread is increasing and the close is off the low of the range, but still in the lower 25th percentile of it.

Quoting hieronymos
That WRB zone you have marked has a hidden gap in it yes, it's not drawn exactly as such but the general area is correct. It's a bit above the inside bar/ND
There are 3 ways to draw the zone(regardless of if one is using candles or bars):

1. One can use the Body(open-close). On the chart below, this is the shaded area.

2. One can use the actual Hidden GAP. On the chart below, this is the area defined by the two red dashed lines.

3. One can use the Range (High-Low). On the chart below, this is the original area marked by the two solid black lines.

What's important is to be consistent.

From a VSA point of view, Range probably makes the most sense. Because VSA does not technically look at the open, the Body (open-close) is irrelevant. Which is why Tom Williams only uses HLC bars.
Attached Image (click to enlarge)
Click to Enlarge Name: WRB 1.png Size: 228 KB
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #26,795
  • May 22, 2015 10:39am May 22, 2015 10:39am
Quoting KinsaleForex
I'm not sure how to put this and I don't want to be too clichd so i'll just get straight to the point. I withdrew my funds and closed my trading account today. I've decided that trading is going on the back burner for a while, potentially forever. That is left to be seen. I've spent a lot of time at this and haven't got anywhere with it. It's time for a change. I cannot express how much this thread has helped me. A huge thank you to everyone that has contributed and personally helped me since I joined in October 2010. A few thank yous; I can't go...
I'm at a loss for words right now. Please check your PMs. Once I find my thoughts, I will have much to say. I do know that "thank you" and "you will be missed" don't seem to cover it.

I see the crescent.
You see the whole of the moon.

Inserted Video
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #26,796
  • May 25, 2015 10:12am May 25, 2015 10:12am
Quoting HiddenGap
The volume is increasing, but not excessive.

Now this I got to remember, but we cannot be blamed, we are taught to look for Yao Ming bars to start with.
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #26,797
  • May 27, 2015 11:15am May 27, 2015 11:15am
Quoting KinsaleForex
I'm not sure how to put this..
I really hated to read this post.

But I understand your decision. We have all seen bad times and good, you have seen mine for sure. GL to your future endeavors and hopefully you don't mind if I send you an email every now and then.
  • #26,798
  • May 27, 2015 11:31am May 27, 2015 11:31am
Nice AU charts with examples of absorption volume.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 94 KB



AJ chart, 98% sure I am going to lose this trade. Could have been avoided if I waited for the UT on daily to confirm.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYDaily.png Size: 88 KB
  • #26,799
  • May 28, 2015 1:39am May 28, 2015 1:39am
Quoting SimpleDev
Nice AU charts with examples of absorption volume. {image} AJ chart, 98% sure I am going to lose this trade. Could have been avoided if I waited for the UT on daily to confirm. {image}
First thanks for posting chart of something i was looking for. i already posted this question to thread for answer from Pres78..and waiting for answers. http://www.forexfactory.com/showthre...11#post8272511
kindly can you please explain more about differences in SOS/SOW and Absorption(which looks like SOS/SOW) ..still having problems in this area..
i attached the chart if that was SOS what other signs we should look for to go long ..(counter trend or catching reversals) on bar 2 high volume but range narrow next bar up gave me pause. why and where you shorted? hope you understand what i mean. sorry for my english.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 84 KB
Think Twice Low Volume is Key to Success
  • #26,800
  • May 28, 2015 6:36am May 28, 2015 6:36am
Quoting classix
{quote} kindly can you please explain more about differences in SOS/SOW and Absorption(which looks like SOS/SOW)
You have to watch and see how price reacts to SOS/SOW.

Does the next bar confirm the SOS?
Is price staying above or below the SOS?
Are the test succeeding or failing?
Is price trending up? Down? Or sideways?

That AU chart has a SOW (described in black wording) and Absorption volume (in white wording)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 86 KB
6 traders viewing now