1,500 PIPS PER MONTH with this method, VSA/SR/fibb etc

[Danny_K]

My idea was to move it all over to the new thread, including your regular posts. When you guys post charts with analysis and setups and we talk about it, more is learned. It can point out things people may be doing wrong that I might not have thought of, and so on. I’d rather not jump back and forth…and have newbiews saying they’ll have to read 2 threads now! LOL. So, starting now it’s THE thread, cool?

I’m cool with that, see you over there

[njokie]

No doubt there will be continued postings on this thread unless you lock it that is, but I agree, you started this thread as a learning process, and if I remember right it was nearly 12 months into the thread that you really started feeling you had the grasp of it, so for that reason I think that a new thread will be clearer, since now you are clearly an expert, and hopefully we won’t get interruptions by know it alls saying that VSA don’t work in forex, they will be given short shrift I tell you, the evidence is overwhelming, I think you’ve proved that to us, and for me those NDs and NSs are clear as day that the strategy works.

What I would suggest though, and I think it has been mentioned by yourself is for you to as the OP, to put links to the best postings on the new thread, I think that would be perfect.

And once again, thanks for everything.

yes i agree with you on this “to put links to the best postings on the new thread, I think that would be perfect.” i totally agree
personally i need to read from page 150 as adviced ealrier to get a grasp and i guess al stick to daily charts as am working or how to partime traders use VSA what timeframes?

[Jonsie]

Hey Pete,
Long time listener (reader) first time caller. I’ve been following the thread for a while and watching your videos on youtube. I really appreciate you sharing your knowledge so openly. I opened a demo account for the first time this week. Set it up with 5k since that would be more realistic to my starting budget. Trading on volume and with fibs I banked about $2,700 in 3 days. I had a couple of losses but most were wins (100% winning trades today for example). Obviously, I’ve had a great teacher with you and the BabyPips site, but I’m still a little surprised at the success. Has this week been an exceptional profitable week for you as well? Could that be a normal week? Are my expectations unrealistic?

I just want to remain humble, so that the markets not humble me if you know what I mean.

Look forward to your feedback.

Thanks

[purplepatchforex]

It sounds like you are risking a little too much, but certainly half of that on sensible money management could be possible, but you will probably suffer some weekly losses too.

[petefader]

…but I’m still a little surprised at the success. Has this week been an exceptional profitable week for you as well? Could that be a normal week? Are my expectations unrealistic?

Was a pretty average week pip wise for me, keep up the good work. Come on over to the[B] new thread[/B], I’d rather not have two going at once…
http://forums.babypips.com/newbie-island/41475-supply-demand-vsa-wyckoff-petefader.html

[Jonsie]

Thanks for re-enforcing that key point. I need to start with good habits if I want to be at this long term.

[Jonsie]

Thanks for the response and the invite. I wasn’t aware of that thread.

[Vaibhav_Sinha]

Thanks for your suggestion, I will look forward to it.

[ilovepips1980]

I’m curious about a couple things. I noticed sometimetimes when there is stopping volume it will go sideways a bit then just take off. Other times there is a shaleout then takes off. Then other times there is a double bottom then takes off. Is it something you just have to watch or is there something to look for?

[petefader]

I’m curious about a couple things. I noticed sometimetimes when there is stopping volume it will go sideways a bit then just take off. Other times there is a shaleout then takes off. Then other times there is a double bottom then takes off. Is it something you just have to watch or is there something to look for?

Are you following the new thread? We don’t post here anymore. You should watch the videos. Plenty of information on that topic is given. Go to the first post. 301 Moved Permanently

[ForexInstitution]

Hey thank you very much. This was really helpful to start with.: 35:

[colmex]

i’m gonna try this thing out

[dollarsknight]

this is 1 of the forex truths

[dtpips]

learning and using, thanks

[pgtips]

excellent webinar, if anyone recorded it pls shoot me a pm

[petefader]

excellent webinar, if anyone recorded it pls shoot me a pm

Thanks…you should probably post in the current thread. 301 Moved Permanently

[stevebalmmer]

hy petefader.

i hope i learn a lot from you.

steve

[piprey]

Hi,

Could anybody provide the link to the interview that Madzane94 mentioned? Thanks!

In other words, how did I know it was going to break out?

Because, if there are clearly [B]more buyers [/B]then sellers at a [B]double bottom[/B], then price will break the next resistance level 90% of the time. Look how low the sell volume was before it broke up (marked in red on the volumes indicator) If it was going to continue to range, sellers would have needed more volume there.

That system looks good, but for now i’d be on demo training my self to trade with absolutely no indicators

reason being* i saw this interview with this isreali guy that trades with nothing and is mega rich, so if he can do it i can… then when i master that i’d be gettin me myself a good system, then i shud be unstopable! :rolleyes:

By the way @ petefader, why’d u draw a trend line in the middle of those 2? hmmm??

[title442]

Peterfader,

You are funny, man. I was watching your video series from your original post and your last video with the lesson using MS paint and “this mouse is terrible” comment made me blow up falling out of my chair.

HAHAHA, I wish you all the pips ever … thanks for the lessons.

[SammyW]

Long opportunity now after double bottom, higher vlm pins at support. Volume higher in correct places. Background shows accumilation going into the session. I’ll probably go in at the break of 1.3830

Pete,

Forgive me for referencing charts from years ago! I’m am methodically and meticulously going through your treads, starting here, and learning your method of volume analysis.

Question
Why wouldn’t you have entered on a break of the little red box? (I think that is the “automatic rally”???)
If that is a viable entry would you suggest putting a stop 10ish pips below recent low?

Is it better to wait for the “no supply” (sorry if that “no supply” is wrong term - I still don’t fully grasp nomenclature, yet!), like we see on the last candle of this chart. ( I also see a confirmation of the bottom, thus double bottom, with “stopping volume” on the second to last candle.
If the last candle is in fact a confirmation of “no supply” I assume the close of the candle is a valid entry and the recent low would again serve as a place to put my stop, of course 10 pips below.

PS I have read past this post further into the tread and still had this question. Ultimately it looks like I would have got stopped out in both situations above.