VSA and VRA - TEB Basic Analysis

looks like a trade on the pound maybe setting up for tomorrow
I think the pros may see a good NFP repot coming

TEB

[quote=TEB63;9114093]looks like a trade on the pound maybe setting up for tomorrow I think the pros may see a good NFP repot coming TEB {image}[/quote
Yep smells a little pumpy n dumpy

going to be crazy tomorrow!!

Hello TEB
what feed do you use for your volume indicator?
I read several post debating the accuracy of volume analysis in forex because of the decentralized nature of the forex market.
What is your opinion and your experience using tick volume?
Thanks
Merka

Oanda had its own volume - I like it better normal volume esp for forex. I think its more true

teb

A GBPUSD short trade. I checked futures chart for volume. Actual trade was in forex account. Exited too early as I had to go out.

A GBPUSD short trade. Achieved 1:1 on 1st lot. 2nd lot stopped out at BE.

Why do you see this as best trading system?
I like your other threads and also read through this here, but difficult to understand the basics here.
Can someone discribe all the text on the pictures?

Hope it will so clear like your other threads too.

Many thanks.

Greets

Michael

SL to BE+

Hey Michael, you know the old saying about reading the thread from the beginning! It does seem a bit rude when peeps are told to do that when the thread is 500 or so pages long, but you've got no excuse here

As always, I shorted GBPUSD.

Hi VSA traders,
I've always been attracted to Volume based trading. Even before I'd read Coulling's book.
But never actually got around to put in practice what I learned about VSA as is my "belief" that volume in forex is actually meaningless. I base my belief in the fact that the volume you see on your platform, is the volume corresponding to your broker only. The real volume is unknown. Is that true??
I would like to know your point of view and if you have an argument to counter my belief, I 'd love to hear it.
I'm currently trading futures. The volume there is REAL as that market is centralized and the volume you see on the platform is what everybody else sees. I like what I see regarding volume, even though it's not easy to understand, but I hope I can finally start to trade using real volume.

Cheers

Shorted GBPUSD again. Entry was based on 2 minute chart of futures.

A short trade today on GBPUSD. Probably I closed the 2nd lot too early.

ok Mark, but did you look at the back drop on the cad? I had a good week