vsa with Malcolm | Page 1381 | 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

  • #27,601
  • Jul 23, 2016 6:53am Jul 23, 2016 6:53am
Thanks TEB to be so active.
I always liked VSA but for me I just can't see it so I gave up long time ago on this.
However, I will keep reading this thread again now that you are so active. :-)
  • #27,602
  • Jul 23, 2016 7:14am Jul 23, 2016 7:14am
Quoting Steve Gill
{quote} I don't full agree with this Teb. Everyone is different - some people pick up things quickly, others take longer to take in the information available on places like this (I was one of them) and yet others find it much better to have someone talk them through setups - in real time, like Tim said. There's no right or wrong, different people different things.
Hi Steve " I do not (full) disagree with you at all - a mentor can short cut and that may not be a bad thing. I think working it all out personally will get it in better. But that's me... Again as you said and rightly when you stated "everyone is different" and that is ok- good call .

TEB
  • #27,603
  • Jul 23, 2016 7:15am Jul 23, 2016 7:15am
Quoting attilafx
Thanks TEB to be so active. I always liked VSA but for me I just can't see it so I gave up long time ago on this. However, I will keep reading this thread again now that you are so active. :-)
what are you having issues with ?
  • #27,604
  • Jul 23, 2016 7:18am Jul 23, 2016 7:18am
Quoting TEB63
{quote} Hi Steve " I do not (full) disagree with you at all - a mentor can short cut and that may not be a bad thing. I think working it all out personally will get it in better. But that's me... Again as you said and rightly when you stated "everyone is different" and that is ok- good call . TEB
Seems fair
Blogging daily now at www.volume.zone
  • #27,605
  • Jul 24, 2016 6:58pm Jul 24, 2016 6:58pm
I took a long with XAU/USD in this early morning. any comment?
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDecnM10.png Size: 51 KB
  • #27,606
  • Jul 24, 2016 7:48pm Jul 24, 2016 7:48pm
Quoting lolomongpogi
I took a long with XAU/USD in this early morning. any comment? {image}

looks like a mark up
Attached Image (click to enlarge)
Click to Enlarge Name: mark up nn.GIF Size: 42 KB
  • #27,607
  • Jul 25, 2016 9:31am Jul 25, 2016 9:31am
It seems no one really wants to trade on here just talk about trading - so this will likely be my last posing for a time ,

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: zzb.GIF Size: 239 KB
Attached Image
  • #27,608
  • Jul 25, 2016 2:50pm Jul 25, 2016 2:50pm
Yeah I got torn up today. nothing but bad trades.
  • #27,609
  • Jul 25, 2016 5:10pm Jul 25, 2016 5:10pm
Quoting RaverStyleTim2
Yeah I got torn up today. nothing but bad trades.

what did you do?
di you use one chart? or three?
what was the chart time frames?
what were the signs you used

real trading lets do it
  • #27,610
  • Jul 26, 2016 1:21am Jul 26, 2016 1:21am
Quoting TEB63
It seems no one really wants to trade on here just talk about trading - so this will likely be my last posing for a time , cheers {image} {image}
Hi TEB,

Your posted trades are great. I learned a lot by studying your charts. There's only one thing. On your charts you marked VSA SOS and SOW's that occurred before and after your entries so I am often not sure which were the SOS/SOW you saw when you make your first entry. Next time you post your trades, either here or at your Strength/Weakness thread, could you please mark only the SOS/SOW you saw when you make your first entry ? For example, if a GB occurred after your first order entry, please don't mark it. Or, you can mark all SOS/SOW's but differentiate the ones that occurred before your first entry.

Thank you in advance
  • #27,611
  • Jul 26, 2016 3:02am Jul 26, 2016 3:02am
Quoting TEB63
{quote} as for a mentoring sure - but to be honest there is so much stuff on VSA you do not need it The issue why most people fail at VSA is they take some VSA and and some of their stuff and their "new"system works in the trend and then fails in chop and they lose a lot of money and quit-- VSA works great if you follow it cheers teb

Hey Teb, in your charts you keep highlighting "Gotcha bars", how important these bars are for you?

do you wait for GB to appear (in downtrend) before you take a short trade?
The loss was not bad luck. It was bad Analysis - D.Einhorn
  • #27,612
  • Jul 26, 2016 6:02am Jul 26, 2016 6:02am
Quoting pooh123
{quote} Hi TEB, Your posted trades are great. I learned a lot by studying your charts. There's only one thing. On your charts you marked VSA SOS and SOW's that occurred before and after your entries so I am often not sure which were the SOS/SOW you saw when you make your first entry. Next time you post your trades, either here or at your Strength/Weakness thread, could you please mark only the SOS/SOW you saw when you make your first entry ? For example, if a GB occurred after your first order entry, please don't mark it. Or, you can mark all SOS/SOW's...
well

1. I am looking for 2nd entries
2. if I a missed and entry - look for one
3. confirmation of entry
  • #27,613
  • Jul 26, 2016 6:05am Jul 26, 2016 6:05am
Quoting Vcv13
{quote} Hey Teb, in your charts you keep highlighting "Gotcha bars", how important these bars are for you? do you wait for GB to appear (in downtrend) before you take a short trade?


I think the fx moves so fast
so lock in bars (GB TOS TOW TOB etc) are more a sign
were test as in stocks or commodities are the key
  • #27,614
  • Edited 12:31pm Jul 26, 2016 11:55am | Edited 12:31pm
Quoting TEB63
It seems no one really wants to trade on here just talk about trading - so this will likely be my last posing for a time , cheers {image} {image}
Please don't stop, for me your approach and results encourage me to study further VSA.

I'm still in a learning phase so I dont post frequently.

Today: Trade originated in M15 (strong supply area) - watched on M5/M1. M1 is a natural enviroment for me, I like this TF.

1. This long climactic candle slightly to the right. WIth next - there was some selling present, than we have two candles with lesser volume and:

2. Suppply Coming In: Flood of supply from level 137.30.

3. NO demand.

4. Again supply (supply coming in?).

5. This candle with its predecessor it is an Upthrust.

6. ND - no demand.

To sum it all up - plenty of signs of weakness after powerful Supply Coming In. Market screamed "take a position here"

Trade taken a bit prematurely, should have been taken at the bottom of candle 6, with strong signals of supply and exhaustion of demand.

Exit due to a slight upmove. + 20 pips.

Additional entries:

7. No Demand.

8. Two bar top reversal.

9. Upthrust.

10. No Demand.

None taken as I must have a break circa half an hour between trades.

From this perspective - my entry was an aggressive one, each 7-10 would be less risky as there was a clear downtrend after several signs of weakness also there were no signs of end (I would regard some SOS - preferably climactic, as signals of end of this trend).
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-07-26_175653.jpg Size: 163 KB
  • #27,615
  • Edited 12:14pm Jul 26, 2016 12:04pm | Edited 12:14pm
Quoting Vcv13
{quote} Hey Teb, in your charts you keep highlighting "Gotcha bars", how important these bars are for you? do you wait for GB to appear (in downtrend) before you take a short trade?
Studied several hundreds screens from this thread, from a wealth of practical knowledge (thanks again great traders here) I would say that all types of "Gotha bars" clearly point out a temporary trend direction.

As I understand next counter - move is most of the time a correction with further signs of weakness: No Demands, Upthrusts, failed tests, Two Bar Reversals.

Hope you understand my English
  • #27,616
  • Jul 26, 2016 12:19pm Jul 26, 2016 12:19pm
Quoting TEB63
It seems no one really wants
TEB, you use a Strength - Weakness indicator, which timeframe do you have this indi for?
  • #27,617
  • Jul 26, 2016 1:18pm Jul 26, 2016 1:18pm
Again GBP/JPY trade

1. Long candle on average volume and next - Upthrust with climactic volume. SOW.

2. Three Upthrusts in a row all on climactic volume - there is a lot of supply. SOW.

3. This would be Effort to rise with no result. SOW. Candle before we have No Demand.

4. No Demand. SOW.

Exit due to hammer on not so small volume, market stalled so I went out, on M1 market should fall at steady pace, if not - it is a reason for exit. 10 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-07-26_190958.jpg Size: 210 KB
  • #27,618
  • Jul 26, 2016 4:16pm Jul 26, 2016 4:16pm
Quoting TEB63
It seems no one really wants to trade on here just talk about trading - so this will likely be my last posing for a time , cheers
This happens from time to time TEB. I've been here since 2009 on and off, and there are others still around but not posting that have been for longer. Its like that film "The Firm" - once you start on Malc's thread you can go quiet for a while, but you can never really leave

I liked this thread (and Jasons) for posting setups and discussing why people placed trades. It doesn't have to be every day of course, but just what works for me.
Blogging daily now at www.volume.zone
  • #27,619
  • Jul 27, 2016 6:48am Jul 27, 2016 6:48am
Quoting TEB63
{quote} as for a mentoring sure - but to be honest there is so much stuff on VSA you do not need it The issue why most people fail at VSA is they take some VSA and and some of their stuff and their "new"system works in the trend and then fails in chop and they lose a lot of money and quit-- VSA works great if you follow it cheers teb

TEB .... There is not magic to trading profitably. It is like everything in life .. to learn VSA takes dedication and time to study.

In my time as a trader I have learnt the following things:

1) Patience.

You do not have to be in the market every day. This week has been sideways movement in the EURUSD for example. Good time to study the higher time frames on the Iphone while sitting on the beach, and if something becomes interesting then you get in fornt of the computer to look for entries on a 15 min chart ( I do not trade on time frames lower than this) . Trade set ups are not always there, so to manage the risk trade only the clear ones.. even if its only once a month.

2) Focus on one or two things

Ever tried to spread yourself thin at work ? ..you will never do a good job. Trading is the same thing . Study one or two pairs and look for the sets ups.

3) Keep it simple

I have a simple chart.. support and restance lines. Look for a sign of strength of weakness on a 30 min chart .. zoom into 15 min look for a traen to form . In an up trend look for signs of strength on the down waves . I knew of one guy that traded only no demands (in downtrends) and testing (in up trends ) and made money. Do not mix in VSA with other systems ... it will lcoud your mind and confuse the crap out of you.

4) Clear mind

If you cannot see something clearly .. ie there is no clear set up .. maybe its because there is no clear set up . The markets is not always nice to trade . NOT trading for the sake of trading is a good way to keep the profit you have earned on the good set ups .
U
FOR EVERYONE ELSE ... Big WHAZZZZZUUUUUP from sunny Kuwait .... where the temperature hit 54 deg c the other day
Blogging daily now at www.volume.zone
  • #27,620
  • Jul 27, 2016 6:59am Jul 27, 2016 6:59am
As there are some question about VSA ... it is simple ..WHEN the trades are there , which as I mentioned in the post above is not all the time.

Here is a clear distribution the day before the tankage. ...
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-07-27_14-55-13.png Size: 40 KB
Blogging daily now at www.volume.zone
15 traders viewing now