Trend Trading VSA

[sinner]

Why not take him up on the challenge? You always seem to have plenty to say in others' posts, would be interesting to say the least.

I might steal some popcorn and sit back with Modest

Plus I suck at trading, so I like seeing those who talk the talk, also walk the walk.

Because I no longer trade intraday? I used to! And TH used to hassle me frequently for posting stuff about trading intraday momentum in forex lol!

But I stopped because it was far too stressful and not really aligned with my life goals. I have described what I do now, previously in a few threads, basically I hold some gold, some cash/bonds, and I have a handful of EOD based models which dictate my exposure to equity risk assets (I hold some single names but mostly portfolios/indexes) vs cash. No leverage, except occasionally I might go long options if the models dictate. The turnover is very low, I'm not sure daily updates of "still holding ~30% net long risk assets with the balance in cash and gold" for months on end would be that exciting.

You can usually get a gist of my current opinions based on what I'm posting, as it's usually the raw inputs of what goes into the models.

 

[ThingyMajiggy]

Because I no longer trade intraday? I used to! And TH used to hassle me frequently for posting stuff about trading intraday momentum in forex lol!

But I stopped because it was far too stressful and not really aligned with my life goals. I have described what I do now, previously in a few threads, basically I hold some gold, some cash/bonds, and I have a handful of EOD based models which dictate my exposure to equity risk assets (I hold some single names but mostly portfolios/indexes) vs cash. No leverage, except occasionally I might go long options if the models dictate. The turnover is very low, I'm not sure daily updates of "still holding ~30% net long risk assets with the balance in cash and gold" for months on end would be that exciting.

You can usually get a gist of my current opinions based on what I'm posting, as it's usually the raw inputs of what goes into the models.

Haha fair enough I never really understand what you're doing, it's all too complicated for me with the way you describe it, but you sound fairly systematic in your approach which gets me curious, but not for this thread

As you were everyone! *starts nomming popcorn again*

 

[Trembling Hand]

Utter nonsense. What evidence do you provide to support this claim? High tick volume indicates nothing other than a high number of transactions took place within a bar. That could be a million $1 transactions and it would show up as a big tick volume bar, except $1m of transacted dollars on the FX is peanuts.

Tick volume provides pretty much no additional information to a price bar chart.

Actually isn't it a change in the best bid or ask price. I think when MT4 shows a tick it is a price change rather than a trade. Which makes it even more ridiculous to use as info when you have the flashing micro pip changes in OTC retail platforms.

 

[tech/a]

You Know Gavin Holmes?

That's so cool!!!

Er yeh
He,s got 2 arms and legs loves fishing and a beer and laugh.

Nearly as much as his passion for business.

VSA has a way of making you feel like you've just discovered fire.
The market soon shows you what fire does best---burns.

Is it my round?:drink:

 

[RealForexTrader]

Potential trades for tonight

AUD/USD
GBP/USD

All trades need a fresh sign of strength from key levels and then an entry before a position is opened

Entries come after:
large buy/selling
Automatic Rally
Low Volume Testing of key levels
NS/ND
Low Volume Push of Automatic Rally

Only after all these things can a position be opened

AUD/USD


GBP/USD


Both Pairs very bullish, buying in the background.
If we don't get an entry tonight it may come tomorrow, take what the market gives.

Will post again after an entry forms.

 

[RealForexTrader]

GBP/CHF Close to a long tonight.

See if we get an entry.

 

[RealForexTrader]

Just opened a position long GBP/CHF



I will post targets soon

 

[RealForexTrader]

Targets


Manage positions when they reach these areas and close on large signs of weakness

 

[RealForexTrader]

Closed the position for a profit of 15pips because of a little weakness. Not the biggest win and price may continue up but its better safe than sorry, plus you don't want to sit through a whole heap of drawdown, maybe a double bottom just to catch another leg up. You could just close half and let the other half run, I will sometimes do that. But tonight im happy with my 15 pips. See how we go tomorrow, might get a couple of those other longs

Here is the closed position:

 

[minwa]

Do you have an AFSL license ? You will need one for what youre selling on the site.

Also link up a myfxbook to your live or demo account
It is free and requires no extra work after setup and no one will argue you of its validity.

If after a while you show good profits on low risk I am sure you will get many more paid subscribers and you can also shove it in the face of some posters here.

But I doubt that will happen. Please update AFSL number or remove link to your site.

Once no reference of your site is left I am sure you get a more warm welcome here.

 

[fiftyeight]

I never really understand what you're doing, it's all too complicated for me with the way you describe it, but you sound fairly systematic in your approach which gets me curious, but not for this thread

Also enjoy Sinner posts, if I knew what he was talking about I would enjoy them even more

 

[RealForexTrader]

Do you have an AFSL license ? You will need one for what youre selling on the site.

Also link up a myfxbook to your live or demo account
It is free and requires no extra work after setup and no one will argue you of its validity.

If after a while you show good profits on low risk I am sure you will get many more paid subscribers and you can also shove it in the face of some posters here.

But I doubt that will happen. Please update AFSL number or remove link to your site.

Once no reference of your site is left I am sure you get a more warm welcome here.

Don't need an AFSL License its an educational webinar, all I need is an ABN and I have that.

I will have a look at my fx book today and post something up.

and the link to my site stays. Nothing is free, its taken me a lot of time effort and money to get to this point so why would I give it away for free. It is within the rules of this site to have a link in your signature and I have made no mention of it in any posts.

Guys if you dont like my website. just dont click on it and move on with your life

 

[minwa]

Don't need an AFSL License its an educational webinar, all I need is an ABN and I have that.

Wow really ? For your sake I would carefully read http://asic.gov.au/regulatory-resources/financial-services/giving-financial-product-advice/

You fall under giving GENERAL FINANCIAL advice and solocitating in dealing of financial products. Lots of EDUCATORS around search up Safety in the markets, Traderscircle, Platinum Pursuits. They all have AFSL because they are seeking renumeration for giving financial education/general financial advice like your site.

 

[sinner]

Just opened a position long GBP/CHF

I will post targets soon

LOL at "low volume test" using MT4 volume. How can you claim to be serious! Curious which trend you are following here too.

Also enjoyed:

Manage positions when they reach these areas and close on large signs of weakness

followed by:

Closed the position for a profit of 15pips because of a little weakness.

good for a larf.

btw, if you're gonna try and hide your position size, probably best to not display it directly on your chart. If anyone was curious, the GBPCHF position size was 1.00 lot. i.e. no real position sizing algorithm in place.

 

[Porper]

Wow really ? For your sake I would carefully read http://asic.gov.au/regulatory-resources/financial-services/giving-financial-product-advice/

You fall under giving GENERAL FINANCIAL advice and solocitating in dealing of financial products. Lots of EDUCATORS around search up Safety in the markets, Traderscircle, Platinum Pursuits. They all have AFSL because they are seeking renumeration for giving financial education/general financial advice like your site.

I agree, an AFSL is almost certainly required...seems pretty clear cut to me. Maybe should have checked this before advertising on here as their business is out in the open now.

 

[minwa]

btw, if you're gonna try and hide your position size, probably best to not display it directly on your chart. If anyone was curious, the GBPCHF position size was 1.00 lot. i.e. no real position sizing algorithm in place.

Oops, 1.00 is the demo account default setting.

 

[RealForexTrader]

Again guys talks cheap and all your doing is talking............

I don't see any of you guys posting winning setups?

Until you can do that, your comments are irrelevant to me and carry no weight.

I will just continue posting winning trades week after week..... and of course any losers, I'm an honest guy after all

 

[Porper]

Until you can do that, your comments are irrelevant to me and carry no weight.

Well if I was you I wouldn't dismiss the license issue to provide financial advice. It's not inexpensive and if everybody else has to tow the line then so do you...or you will suffer the consequences. They won't be good.

I will just continue posting winning trades week after week..... and of course any losers, I'm an honest guy after all.

Of course, we are all waiting for the live trades. I can sense you are trustworthy.

 

[sinner]

Until you can do that, your comments are irrelevant to me and carry no weight.

We don't care about you buddy, we care about providing a reality check for those who might fall prey to your sales tactics.

To summarise:
* Claiming to trade VSA, but trades a proprietary market where real volume data costs $$$ (eSignal AGET which is the standard for real actual FX traders currently runs at 300USD/mo).
* Claiming to be a real trader, uses MetaTrader4, the software designed to game money from retail noobs.
* Claiming to know VSA, but can't even properly identify NoDemand bars on a chart.
* Claiming that MT4 tick volume can be used interchangeably with actual transacted volume.
* Claiming that MT4 tick volume has different application than actual transacted volume, while still treating MT4 tick volume as if it were transacted volume for the purposes of VS analysis, contradicting the previous claim.
* Runs a paid subscription service, selling a template and indicators which can be obtained for free from countless threads on countless retail forex forums like forexfactory.com.

Carry on.

 

[RealForexTrader]

We don't care about you buddy, we care about providing a reality check for those who might fall prey to your sales tactics.

To summarise:
* Claiming to trade VSA, but trades a proprietary market where real volume data costs $$$ (eSignal AGET which is the standard for real actual FX traders currently runs at 300USD/mo).
* Claiming to be a real trader, uses MetaTrader4, the software designed to game money from retail noobs.
* Claiming to know VSA, but can't even properly identify NoDemand bars on a chart.
* Claiming that MT4 tick volume can be used interchangeably with actual transacted volume.
* Claiming that MT4 tick volume has different application than actual transacted volume, while still treating MT4 tick volume as if it were transacted volume for the purposes of VS analysis, contradicting the previous claim.
* Runs a paid subscription service, selling a template and indicators which can be obtained for free from countless threads on countless retail forex forums like forexfactory.com.

Carry on.

As i said i will just keep posting winnners, you do your talking....

Wise men dont argue with fools