06-22-2012, 10:21 AM #501
...not sure how usefull it can be, mate, as I learnt that my best SL and TP come from the experience and observations and not fixed/strickt rulese, ...and everyone can do it differently and many can on the same trade lose and/or win.
06-22-2012, 10:23 AM #502
btw: Volume Spread Analysis on EURUSD from the VSA expert running the VSA training last weekend
pity no volume on MT4 and I am still learning to use the tick volume.
more on VSA and geometry trading here (in Polish) -> http://geometriarynku.wordpress.com/
Last edited by kor4x; 06-22-2012 at 10:38 AM.
06-22-2012, 12:04 PM #503
Tick volume on good brokers has roughly 80% or higher correlation to actual volume i am sure i can dig up the article if you wish
06-22-2012, 12:08 PM #504
hi Cocky, yes, please, anything usefull on VSA you have let us know. We are building in a VSA module to AMP to try it in action.
06-22-2012, 12:43 PM #505
Well the field is vast
VSA is build from WVA - Wyckoff's Research on volume analysis - the originator of the terms Accumulation, distribution, Markup and Mark down.
Also There is the Concept of the WeiseWave which might be interesting - Weis Wave Plugin: A Modern Adaptation of the Wyckoff Wave & Volume
Additionally there is also the concept of WRB - Wide Range Bar Analysis...
Regarding tick volume.. I will create a post in the VSA thread and upload a few files
06-22-2012, 07:19 PM #506
@kor4x - so according to this 121 - and for my knowledge of trading this patterns - will you add to your position if we break the WPV and PA continues to push thru?
Also - one thing that will really benefit at least me - is to have the actual price of every line - much like what we can do with the Fib lines in our MT4 platform. Don't know if that request has come thru from others or not.
06-22-2012, 09:03 PM #507
1.good AMP spotted it :-)
2.I observe pivots around the entry level (point D) when opening first position. I do not use pivots for any further decisions when adding/closing next positions.
3. price of each swing (if this is what you mean/need) will be presented in the Details section of the pattern (when pattern screenshot opens in AMPmonitor).
06-25-2012, 08:36 AM #508
I kor, i've just reversed the 121 at 1.2532, i've managed to pick the downward move , i hope it will target 1.24 - 1.23
06-25-2012, 09:05 AM #509
I am long again on EU, as we have continuation bullish Gartley.
06-26-2012, 05:44 PM #510
lucky timing ;-)