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SimpleDev replied Nov 5, 2013url Article published on September 30th says Buffett gets a stock warrant for 13.1 million shares of Goldman. Chart for Friday September 20th shows an 8.7 million share transaction after market hours, to which price falls for the next 12 trading ...
vsa with Malcolm
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SimpleDev replied Nov 4, 2013I was wondering if anyone else jumped in on that trade. The 1h chart I posted has a selling climax, should be a nice run. Maybe 9700 or 9800, we will see.
vsa with Malcolm
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SimpleDev replied Nov 4, 2013You are on the right path, I am only expecting a retrace, in other words a counter trend trade (from a 1h perspective). Just a side note, that I usually trade smaller positions on counter trend trades, but not today I will explain in a second. Now ...
vsa with Malcolm
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SimpleDev replied Nov 4, 2013Fair enough.. In my opinion the best post in this thread, straight to the point and everything you need to know about VSA. Print it out and keep it close. url Start reading about page 410 and stop around 650-700, these are the best pages of this ...
vsa with Malcolm
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SimpleDev replied Nov 4, 2013I don't think I talk about entries too much, so here is this. oh.. While I was creating this chart thought I would mark off a selling climax, no doubt about that. The point of the previous post was there is some doubt on the 15m. Still consider this ...
vsa with Malcolm
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SimpleDev replied Nov 4, 2013Yup I agree with most of what you said. The biggest thing is I wouldn't call it a selling climax, more of stopping volume. With Climaxes think big, big spreads big volume, with a 15m I would really like to see climatic volume as higher than the ...
vsa with Malcolm
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SimpleDev replied Nov 3, 2013Too bad this thread isn't more active.. If it was I could post a chart and ask what does it mean from what it tells you of November 1st and 3rd and how could you use it to your advantage..
vsa with Malcolm
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SimpleDev replied Nov 1, 2013I don't pay too much attention to the positioning of the close. Biggest thing is about a NS, is that you see clear multiple signs of strength in the back ground and that the NS is a down bar on low volume.
vsa with Malcolm
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SimpleDev replied Oct 31, 2013Lets look at your daily chart. Always look left before you look at whats happening now, looking left look at the action from April earlier this year. Notice the spreads on these bars? Don't they look larger than the spreads of all of the other bars? ...
vsa with Malcolm
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SimpleDev replied Oct 31, 2013Interesting 4h chart, as I do not know what time the chart is based off. (I don't know what the start time of the day is for your broker) 4h is a funny TF because the charts will be different depending on the brokers start time, the most common ...
vsa with Malcolm
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SimpleDev replied Oct 31, 2013Big volume for such a little bar. Easy money for the rest of the year.
vsa with Malcolm
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SimpleDev replied Oct 31, 2013I can't take credit for this, a member who no longer posts said this about take profit levels. "You setting a take profit is the same as you telling the market where to go." Think about it, why would you with your retail account tell the market ...
Popular Trading Tips: Truths or Myths
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SimpleDev replied Oct 20, 2013Will be watching UCHF for the next few days. First chart 4h based on LO. You can see on Oct 2nd big volume that knocked the market sideways. Zoom into 1h you can see potential stopping volume on Oct 17, which the 18th failed to break the low of the ...
vsa with Malcolm
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SimpleDev replied Oct 20, 2013Lets go back a couple of steps. What is a test? A test is a bar that looks to see if supply has been removed, right? The bar in question is not the test itself, the bar in question is the the up bar from Oct 16th with all of the volume on it. Aren't ...
vsa with Malcolm
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SimpleDev replied Oct 20, 2013That is a 4h chart based on US open, 12pm GMT, that test bar covers the time period from 12am to 4am GMT which is during the start of the Asian session. Nothing end of session about that. It seems as you are having the same difficulties as Connected ...
vsa with Malcolm
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SimpleDev replied Oct 18, 201315m.. 1h.. I just don't see any real weakness, no increased spreads ( except there is increased spreads as price pushes through 6125 level which is normal for absorption volume). On your chart, look at yesterday's high volume, pushes right through ...
vsa with Malcolm
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SimpleDev replied Oct 18, 2013Here is another from a few days ago that I took. Now I will admit I didn't play the role model VSA'er on this trade. Basically when I woke up in the Asia session I saw those bars and I didn't wait for an entry bar, I just placed a market order and ...
vsa with Malcolm
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SimpleDev replied Oct 18, 2013I admit the USD pairs this week haven't been all that clear to me, been playing with JPY pairs. Today here is my trade, big volume on an up bar, notice how the next bar closes on its low telling us that the big volume up bar was weakness. London ...
vsa with Malcolm
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SimpleDev replied Oct 18, 2013I hope that I am wrong Aldo.. But seems to be absorption volume on GU. If you look at the volume in between the two orange bars, seems as if the bulk of the volume is at the base of the move. We have a 2 bar that rejected the high of that Pseudo Up ...
vsa with Malcolm