Volman Style (70-tick chart)

2 trades so far today. both hit my tp. gbp/usd - FB and eur/usd - DD

This morning trade.

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Hello, I also read both of volman's books, I follow his 70 tick scalping strategy have been doing it for a couple of months now, before this I have some years of experience only on long term trading. I am glad I found this thread. I only trade on the morning ny session but I will be posting some of my trades here too so I can get some constructive critisism and hopefully learn and master this style of trading together.

Range break today, didn't get to the market on time to take the trade. Textbook Head and shoulders plus the price squeeze before the break, everything in this setup was perfect and even if you didn't make it on time you could have entered on the pullback for a ARB. But I was too late even for that.

I also entered very late. Bad Trade.

Ive recently read both of Volman's books and currently I am rereading them more methodically. Im new to Volman's methods but very motivated to become proficient in his approach to trading price action.

I just found this thread and glad to find some other people using Volman's strategies. There is certainly a lot to learn as the books are packed with information with many nuances. Hopefully we can help each other!

A quick review of today's price action and what I saw to be the good trading opportunities of the day. Sure it doesn't really matter in hindsight, but I feel it helps to try to understand the moves of the day to get a better feel for the market and for what we need to be aware of as price action traders. Bob Volman does a great job laying the foundation for successful trading by giving us a framework of setups to work with, but I feel the real value in Volman's work is it enables traders to develop a better feel for the market that is not easily conveyed with a mechanical system. It is important while studying at Volman's method to look past the setups and try to imagine what the traders that are already in position are experiencing emotionally as the chart prints. That is what I am doing while reviewing the charts. As a beginning trader I have a hard time with emotions at times while trading but looking back on the price action I get a better idea of what should be doing while trading and more confidence in my preparation.

Trade 1 for the day +16 EUR/USD

Trade 2 -15 GBP/USD. See Ya profits! Breakout looked good, I tried to enter the pullback at the post break doji candle turned out it was a little premature.
I really thought this level would hold and looked like it was going to right up until it didn't. On to the next one!

EUR/USD Price action review

GBP/USD trades 1 and 2
-8 pips on first
+17 on second

I am working on buying weakness and selling strength in my trading today since it got me in trouble yesterday on the GBP/USD trade, entering at range break after long run and just before pullback.

GBP/USD Trade 3
-7 pips stop out
+2 for the day. That's a good day I think. Got some good trading experience and even made a few pennies! Im done for the day, just haven't seen much follow through today.

I was pleased to find this thread dedicated solely to Bob Volman's FPAS. Thanks for starting it, Andi.
A question to you guys. What data feeds do you use (please be exact if possible) when trading FX from n-tick (not 5-minute) chart?

The majority of screenshots is from NinjaTrader. Do you use Kinetick? If yes, with "basic" or "institution premium" FX?
What about ProRealTime, anybody using it? 10 or 49/month FX option?
Are you getting "last traded" or just top of the book bid & ask price in the feed?

Anybody with esignal (GTIS Basic or Premium FX?)? IQFeed (FXCM only or aggregated with Tenfore)?

Hy everyone!

I am forex scalper from Slovenia in EU.

Are you still trading this Volman setups?
How pips you making per month and how many trades per month?


I hope we can scalp together via skype in future..

By

this is so motivating.. why did you stop posting trades and knowldge.... im in