- Search Metals Mine
- megamo replied Jul 13, 2009
Hey malcolm, would this prediction have anything to do with he weekly chart? I was looking at it and two candles back, would that be considered a no demand bar since it tried to make new highs on low volume but closed down? You made some awesome ...
Trade Using VSA (Volume Spread Analysis)
- megamo replied Jul 13, 2009
some help with analysing.. — on the eur/usd currently on the 15 min chart, there was a high wave almost a doji but with a slighty lower close on high volume.. Now i'm trying to analyse it through the vsa standpoint, please let me know what i ...
Trade Using VSA (Volume Spread Analysis)
- megamo replied Jun 17, 2009
usd jpy comments — do you guys see a long on usd/jpy? Looking at 15 min charts and scalped 20 pips from 95.65 to 95.85 earlier in the tokyo open session, now its heading back down, there were some low vol tests on 95.60 and 95.50 earlier in ...
Trade Using VSA (Volume Spread Analysis)
- megamo replied Mar 30, 2009
Maybe "HATE" is a strong word, but the terms "useless" and "lagging", insenuating "ineffictive" is quite pervasive.. Hence the movement for people to "go naked" as if they have reached some enlightened state.. Not singling out you either..
Indicators... The Beautiful Lie
- megamo replied Mar 30, 2009
Its funny how people with less than a year of trades under their belt all of a sudden become gurus on what works and what doesn't in trading. It really pisses me off these days when people start saying indicators don't work, and they are lagging and ...
Indicators... The Beautiful Lie
- megamo replied Mar 26, 2009
Narrew, IBFX's liquidity sucks.. on quick moving market, you can't even get in or out of a position and get requoted to death and even when you accept the requote the price still goes invalid. Started ever since the whole liquidity crisis.. ...
Trade Using VSA (Volume Spread Analysis)
- megamo replied Mar 26, 2009
Well if IBFX is STP, then the live is probably getting volume from the bank feeds directly while the demo which is on a different server might be coming from the desk, thus the change in volume? I'm not sure of the internal architecture over at ...
Trade Using VSA (Volume Spread Analysis)
- megamo replied Mar 26, 2009
No didn't compare a 1hr timeframe with a 15 min timeframe. Been around the block longer than to do that
... if anyone likes i can quote you the volume on the live acct and compare with your own demo acct on a 15 min chart or whatever ...Trade Using VSA (Volume Spread Analysis)
- megamo replied Mar 25, 2009
Heads up — Just a note for people using IBFX as their volume feed.. If you are using a demo account, the volume is waaay different than the live accounts over at IBFX. I've just noticed that trying to have a separate demo acct with Ibfx on my ...
Trade Using VSA (Volume Spread Analysis)
- megamo replied Mar 25, 2009
cad — Yes lubo the pair is confusing at times, I have been dealing with it and converting large amts of USD to CAD for a few years, so I have gotten a feel for the cad movements. I actually have the hardest time trading the pair when it ...
Trade Using VSA (Volume Spread Analysis)
- megamo replied Mar 25, 2009
1st vsa trade — Hello Malcolm, I was looking at CAD this morning and when price was run down to S1 level on my 15 min chart, volume showed extremely high, I was thinking sell climax is probably happening and was unable to breach support later ...
Trade Using VSA (Volume Spread Analysis)
- megamo replied Mar 24, 2009
Some of the small to medium sized fund managers are calling bottom here in Ontario Malcolm. I'm thinking some of these guys are tryin to get in to recover some lost ground and probably will get out at first sign of weakness. Ron
Trade Using VSA (Volume Spread Analysis)
- megamo replied Mar 23, 2009
This actually looks like a chart of this guy posting in the malaysian thread producing almost 1000 pips a month or something if I'm not mistaken, he is selling some elliot wave course and stuff, wondering if you got it from there
Trade Using VSA (Volume Spread Analysis)
- megamo replied Mar 20, 2009
Mparker said it best. Just to add, you go through timeframes to see s/r levels and trendlines and price action. Alot of traders that I know make money dont have strict hard rules to trade off of one timeframe. They may look for patterns, some ...
Full Time traders only : Timeframe Poll
- megamo replied Mar 20, 2009
Thats a pretty rookie style of trading. Any half decent money manager would only risk 2 to at most 5% on any one position, and it seems that even as he lost, he didn't adjust his position sizing, causing you to have that type of severe drawdown. ...
Lesson Learned - Managed Account Abu Awaad (Please comment on this trading)
- megamo replied Mar 19, 2009
Taking every dibs trade — Fugly, Taking every DIBS trade wouldnt give you an edge. Taking a DIBS trade already gives you a higher statistic probability but if you look at Peter's post, with his years of experience, and the edge that he got ( ...
The DIBS Method... No Free Lunch continues
- megamo replied Mar 3, 2009
It will have to do with what your definition of scalping is. Is it time related as in duration of trades held or is it pip related as in number of pips as target. With larger positions, if its pip related say you're only targeting 3-5 pips per ...
How big positions are too heavy to scalp with?
- megamo replied Feb 20, 2009
I'm finding that alot of times by the time i get a signal by supersignal and istoch rsi had already reached or very close to 50, maybe within 2 to 6 pips. so just to clarify, under the 5 m timeframe once i get the istoch signal i look at my rsi 5 ...
mechanical 1min
- megamo replied Feb 2, 2009
Tools again would determine what you are trying to analyze. So most essential tool would depend on the trader, it could be astrological alignment of the planets even.. But just looking at charts is possible too.. depends on the trader and what type ...
simplicity in trading
- megamo replied Jan 31, 2009
anything is possible — Trading profitably year after year, month after month, well if you do a little study, you will see that traders like that do exist. There are some good traders here that are doing that as well, just look at Jacko here at ...
Trading forex profitable is impossible!