VSA Trade Alerts

[kronie]

has anyone started, contributed or interested in a discussion on VSA trade alerts?

Volume Spread Analysis as outlined in Trading The Markets book by Tom Williams and practiced by tradeguider is an awesome method that produces consistently high probability trades, no matter what the vechicle under discussion, and in particular Emini trading.

Emini trading almost exclusively means trading the ES (S&P 500) contract, althought there are proponents and diehard supporters of the YM, NQ, EMD (I would like a sidebar discussion with them) and the ER2 / TF, as well as other contracts too. We can use the ES as the neutral for the discussion, as volume correlates to the full size contract trades and how the trades come flushing through the markets from the CME floor, when the institutional or large traders use the full contract and break them up into the emini equivalent. VSA methods catch these huge moves, although those moves do not (by definition) trigger some alert, no matter what software is used) that they are coming or repeating or were anything other than a one time event (for that moment).

I hope by now, you are able to follow me in this initial thesis of this thread.

Here is an awesome chart from a website that I found through search enginges, and was not certain whether any work was done in the threads or indicator downloads that would apply. If there are please highlight them and bring them to our attention. I believe all who visit this thread will benefit if they apply those techniques.

Oh, the book mentioned above can be downloaded free from their site. It is one of those books that might be beneficial to read more than thrice.


((ok, there is supposed to be a chart display, but the upload is not working, wonder why?, what to do about this?))

[NinjaTrader_Josh]

Please make sure your upload file was within the size limit requirement of the forums. If your picture is too large try uploading it to any free picture sharing site and link to it from here.

[kronie]

here are the picutres, please click on the links, and if they change to 404's (not found) please notify

http://3.bp.blogspot.com/_nVy0VgNky7...p+reversal.png

(We've 2 perfect double upthrusts or top reversal setups in the offer with
weakness in the background. Entries are triggered at the close of the 2nd
upthrust bar. Have a closer look at the chart.)

http://bp3.blogger.com/_nVy0VgNky78/...600-h/FOMC.png

(One of our members in the group did this trade after FOMC announcement on April 30, 2008. This is a chart on ER2. Isn't it cool to make a profit of about 7 points in 4 minutes? How did he do it using VSA? Isn't it time to check out what VSA can do for you?)

[Bogan7]

Sorry but what group?

Originally Posted by kronie

here are the picutres, please click on the links, and if they change to 404's (not found) please notify

http://3.bp.blogspot.com/_nVy0VgNky7...p+reversal.png

(We've 2 perfect double upthrusts or top reversal setups in the offer with
weakness in the background. Entries are triggered at the close of the 2nd
upthrust bar. Have a closer look at the chart.)

http://bp3.blogger.com/_nVy0VgNky78/...600-h/FOMC.png

(One of our members in the group did this trade after FOMC announcement on April 30, 2008. This is a chart on ER2. Isn't it cool to make a profit of about 7 points in 4 minutes? How did he do it using VSA? Isn't it time to check out what VSA can do for you?)