Indentify > Plan > Accept > Execute
- #502
- May 17, 2017 5:01am May 17, 2017 5:01am
- Joined Jun 2015 | Status: Zen :-) | 1,185 Posts
Indentify > Plan > Accept > Execute
- #503
- May 17, 2017 5:18am May 17, 2017 5:18am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
I have grabed in 2 trades 5 + 10 pips in 2 trades. I don't know why but i have installled in 2 monitors black and white tmplate with psva candles i get diferent results 
{quote} Rmieck, thank you for your opinion, you have helped me with my perspective on things and I will bear it mind.On the whole this thread has had a very positive vibe and I believe a lot of that is down to the fact that the trade explorer is visible. I think perhaps it gives some a little hope because it shows what is possible even with a small account starting balance - I do think it would be a shame to hide it at this stage so I think I will see how things go for now. There is no ego here with me and I am just trying[/highlight]...
Hi Wizlon32, thank you for that i think you are really inspiring traders here
i am happy to discover this thread as i am using market structure, S/R, trendline, and was used to use pvsra as well but i think i never really understand the proper way to use volume.. until now 
just took my all day to read your whole thread ! so please count me in, subscribed and wish you the best for you new account.
There is no way to happiness , happiness is the way.
- #506
- May 17, 2017 6:38am May 17, 2017 6:38am
The 3 RSI can be useful for timing entries on pullbacks. That is why I have it on my charts and I talked about it in great detail in my previous thread. It's good to see people starting to think a little more now about how to apply this volume malarkey.
Hi Wiz,
Just a suggestion but have you ever used TDI to help with entries?
- #507
- May 17, 2017 6:45am May 17, 2017 6:45am
- Joined Jun 2015 | Status: Zen :-) | 1,185 Posts
Indentify > Plan > Accept > Execute
- #508
- May 17, 2017 6:47am May 17, 2017 6:47am
- Joined Jun 2015 | Status: Zen :-) | 1,185 Posts
{quote} Its a VSA concept, easy to understand. When you see high volume come in, look to the left and look for areas of consolidation and see if price pushes through the consolidation area. If it does push through then the high volume was absorption and you can assume that price will continue in the direction of the push. EURJPY May 16th If you look at the black square you have high volume, to the left we have an area of consolidation marked in a orange square. If price pushes below that orange square look for shorts. The black circle is high volume...
Indentify > Plan > Accept > Execute
- #509
- May 17, 2017 7:07am May 17, 2017 7:07am
- Joined Jun 2015 | Status: Zen :-) | 1,185 Posts
{quote} Hi Wizlon32, thank you for that i think you are really inspiring traders here
I found that when I read about volume online it seemed to make sense but was hard to put in to practice. The way that I have described here may not be the conventional way to use it but it makes sense to me and seems to work.
Indentify > Plan > Accept > Execute
- #511
- May 17, 2017 8:25am May 17, 2017 8:25am
- Joined Jan 2014 | Status: Trader | 1,783 Posts
We see across most threads various methods to find the optimum point of entries.
For me, there are some key factors in choosing a method and must include: reliability, repeatability, flexibility, versatility, opportunity ....and such like. Top of my list, however, when all the above has been taken into account (that I need that is) is the ease with which it can be implemented.
We know that there are many methods that can work, but there are only a few imo on all these threads that captures what most people seek...ie accuracy and ease.
Nothing at first is easy, and it seems in many cases that readers are expected to take some kind of leap of faith into the unknown.
Traders then start to typically question everything, at which point the complications and frustrations start to kick in, and before long, most then move on to the next "hot thing". We see it all the time!
I still stand by semaphor personally, which everyone on planet earth is familiar with already, as a common-all-garden tool to help guide any trade entry decision that I may be considering. It isn't a fancy tool, and it doesn't clog up the chart, it simply. without fuss, identifies graphically when an entry opportunity may be presenting itself. ( Volumn tools etc may help decision making, but for me is is covered by semaphore and pa.)
In my case, for example, I don't take the first signal I see and prefer to wait for a pullback secondary signal, and when that complements a couple of other criteria, then I'm good to go.
The GU h4 chart attached typifies this simple approach, and covers all that I need to know in order to make a decision. Obviously some knowledge of what higher t/f pa activity is helps to understand the trade direction bias usually.
The bottom line of this post, is that simplicity and patience are the keys in order to make it long-term as a trader imo,
G/L
For me, there are some key factors in choosing a method and must include: reliability, repeatability, flexibility, versatility, opportunity ....and such like. Top of my list, however, when all the above has been taken into account (that I need that is) is the ease with which it can be implemented.
We know that there are many methods that can work, but there are only a few imo on all these threads that captures what most people seek...ie accuracy and ease.
Nothing at first is easy, and it seems in many cases that readers are expected to take some kind of leap of faith into the unknown.
Traders then start to typically question everything, at which point the complications and frustrations start to kick in, and before long, most then move on to the next "hot thing". We see it all the time!
I still stand by semaphor personally, which everyone on planet earth is familiar with already, as a common-all-garden tool to help guide any trade entry decision that I may be considering. It isn't a fancy tool, and it doesn't clog up the chart, it simply. without fuss, identifies graphically when an entry opportunity may be presenting itself. ( Volumn tools etc may help decision making, but for me is is covered by semaphore and pa.)
In my case, for example, I don't take the first signal I see and prefer to wait for a pullback secondary signal, and when that complements a couple of other criteria, then I'm good to go.
The GU h4 chart attached typifies this simple approach, and covers all that I need to know in order to make a decision. Obviously some knowledge of what higher t/f pa activity is helps to understand the trade direction bias usually.
The bottom line of this post, is that simplicity and patience are the keys in order to make it long-term as a trader imo,
G/L
Thanks for doing this thread wiz!
I trade the H1 and the M15 timeframes with PA and volume, so this is very interesting for me.
Until i found this i was thinking, that the M1 timeframe is pretty much useless because of to much spiking, so i did never really look at it
But since i hate waiting out trades for several hours, i think i want to tryout scalping a bit to see if it fits me!
Keeping it simple is the key, but the one thing i struggled a bit while reading through your posts is, that you said you pretty much dont pay attention to higher tf s/r levels and pivot stuff.
But your results speak for themselves, so i will give it a try with a small tryout account
Anyway, thanks for sharing and green pips to you all !
I trade the H1 and the M15 timeframes with PA and volume, so this is very interesting for me.
Until i found this i was thinking, that the M1 timeframe is pretty much useless because of to much spiking, so i did never really look at it
But since i hate waiting out trades for several hours, i think i want to tryout scalping a bit to see if it fits me!
Keeping it simple is the key, but the one thing i struggled a bit while reading through your posts is, that you said you pretty much dont pay attention to higher tf s/r levels and pivot stuff.
But your results speak for themselves, so i will give it a try with a small tryout account
Anyway, thanks for sharing and green pips to you all !
- #514
- May 17, 2017 9:48am May 17, 2017 9:48am
- Joined Jun 2015 | Status: Zen :-) | 1,185 Posts
Thanks for doing this thread wiz! I trade the H1 and the M15 timeframes with PA and volume, so this is very interesting for me. Until i found this i was thinking, that the M1 timeframe is pretty much useless because of to much spiking, so i did never really look at it
Green pips to you too.!
Indentify > Plan > Accept > Execute
- #516
- May 17, 2017 10:19am May 17, 2017 10:19am
- Joined Jan 2014 | Status: Trader | 1,783 Posts
Here's a pretty good example of EG starting to set up for a short for me.
H4 shows why short preference, H1 shows area where I reckon I can expect a sell signal.
I don't know how any of that aligns to volume analysis, and might be interesting to compare someone's view.
H4 shows why short preference, H1 shows area where I reckon I can expect a sell signal.
I don't know how any of that aligns to volume analysis, and might be interesting to compare someone's view.
- #518
- May 17, 2017 11:18am May 17, 2017 11:18am
- Joined Jun 2015 | Status: Zen :-) | 1,185 Posts
EG H4 and D1 looks bearish but I think the interest is at the lows. We will see
Indentify > Plan > Accept > Execute
- #520
- Edited 6:44pm May 17, 2017 6:25pm | Edited 6:44pm
- Joined Nov 2012 | Status: trend > bias | 2,772 Posts
