Blog Archives

Update on SMART VSA Long Term (Weekly) Long USD Demo Test (One Day) Closed for +660 Pips

Posted on by pipbuilder
Update on the SMART VSA Long Term (Weekly) Long USD Demo Test (One Day) Mentioned Here Closed for +660 pips

 

The trade hit the weekely EOM (Shakeout) of 650+ in one day and I closed it for 660ish (screenshot below) I might have stayed in if I had used the EOM for both the shakeout and the reverse ut since both are strong Long VSA signals but 650 pips on a single trade, in one week let alone one day, is more than enough. 

The EOM Documentation and possibly module as well is coming in a future update to SMART and as always updates are free.

 

Screenshot of orders:
Update on SMART VSA Long Term (Weekly) Long USD Demo Test (One Day) Closed for +660 Pips

 

For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit 
SMART Trader at pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com
Good luck trading and see you in the chat.
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Update on SMART VSA Long Term (Weekly) Long USD Demo Test (One Day)

Posted on by pipbuilder
Here's an update on  the SMART VSA Long Term (Weekly) Long USD Demo Test (One Day) Mentioned here

We had some news yesterday which knocked USD a bit yesterday but VSA often prepositions for news an we still managed 250 pips so far on our long term trade.  I will continue to monitor the trades to see if anything changes but for now still holding for the week.

For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit 
SMART Trader at pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com

Good luck trading and see you in the chat.

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SMART VSA Long Term (Weekly) Long USD Demo Test

Posted on by pipbuilder
The following setup is a bit late (the reverse upthrust is one of my favorite VSA signals) but we do have some excellent examples of  standard volume spread analysis signals (the Reverse Upthrust and a the Shakeout).  If you are using SMART they appear as a SMART Blue Bar and a SMART Gray Bar (Illustrated in the example chart below). 

The EOM (Expectation of Movement) on this trade should be quite high but I will monitor the trade throughout the week on shorter time frames and exit if things change or the target EOM is hit. If it is not exited prior to the next candle start I will reevaluate on the current time-frame (weekly)

 

Here is the chart.  I will update as the week progresses.

 

Note: This is a test on demo as this is a weekly chart (I normally trade the hourly) so do not follow this trade.  I did not mention this in the chat either for that reason.

 

Screenshot:
SMART VSA Long Term (Weekly) Long USD Demo Test

 

Please keep in mind SMART Trader itself is painting these bars which makes these patterns and setups much easier to spot and act on.
These patterns repeat themselves day in and day out and using SMART you can clearly see not only standard VSA signals but our advanced multibar SMART VSA patterns as well.
Trade setups are verified using our proprietary background scanners (included with the system).
For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit
SMART Trader at pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com
Good luck trading and see you in the chat.
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What You Missed This Evening Not Joining The Free VSA Chat Room And Using SMART VSA

Posted on by pipbuilder
In the VSA Chat Room (free to all) I called a long CHF trade off what was shaping up to be a nice reverse upthrust (SMART Blue Bar) at about 2:45 AM EST on the Globex CHF Hourly Chart.  At 3:00 AM we got the confirmed signal (RUT) and closed 15 minutes later for 148 pips.

 

Come join in the discussion and trades.  Link is below after the screenshots and chat transcript.

 

Hourly Chart (VSA Signals Illustrated by SMART Trader Volume Spread Analysis (VSA) Software:

 

Screenshot of trades (all details):
What You Missed This Evening Not Joining The Free VSA Chat Room And Using SMART VSA

 

Chat Transcript from the Volume Spread Analysis Live Chat Room:

 

(02:42:45)

Me: long chf
Removed non relevant chat room chatter

(03:15:56) Me: +100 on long chf
(03:16:20) Me: leaving it on a bit longer
Removed non relevant chat room chatter.
(03:16:55) Me: not bad for a 1/2 hour
(03:18:22) Me: 120
Removed non relevant chat room chatter
(03:18:36) Me: gonna bail and call it a night
(03:19:19) Me: closed at 148ish

 

And there you have it.  This week I will try to get back to my regular posting schedule and give more trade examples using Volume Spread Analysis and SMART.

 

Please keep in mind SMART Trader itself is painting these bars which makes these patterns and setups much easier to spot and act on.
These patterns repeat themselves day in and day out and using SMART you can clearly see not only standard VSA signals but our advanced multibar SMART VSA patterns as well.
Trade setups are verified using our proprietary background scanners (included with the system).
For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit
SMART Trader at pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com
Good luck trading and see you in the chat.
Posted in Main

1283+ Pips In One Week Using SMART Volume Spread Analysis

Posted on by pipbuilder
If this messes up forgive me… It's the first time I have posted a video.  I had to use video to show this example as a screenshot was too difficult thanks to my mini's small screen and the amount of scrolling for all the trades in the week.

Please Note: The following trades were all done using basic VSA and SMART VSA signals illustrated within SMART over the last week (four days actually).

I trade baskets using Volume Spread Analysis on the hourly chart and because I trade baskets it looks like a lot of trades but if you separate by comments (each basket) you can see there weren't many trades at all and this was actually a pretty slow week trading wise as I had a number of personal things to attend to.

 
 
 
 
 
 
 
 
 Unable to display content. Adobe Flash is required.

For more information about Volume Spread Analysis or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit 

SMART Trader at pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com

Good luck trading and see you in the chat.
Posted in Main

Forex Datafeeds

Posted on by pipbuilder
I always say that the volume between Forex brokers is relational.  What I mean is that if you are using a fairly large broker or ECN broker then typically even though the volume amounts might be different between them the bars are relationally the same. 
IE a no demand bar on one broker is typically a no demand on another broker.  
The only times I find this might go awry is during what we call Dead Zones (Lower than average volume/activity periods) but I would say you shouldn't trade during these periods anyway.

That said I find Broco (BrocoTrader Platform) to be an excellent source for volume as is FXPro and FXCM etc.

I would also like to mention that we are planning a stand alone version which will allow you to use multiple datafeeds (mt4, esignal etc) This will likely be a free upgrade for anyone using our current mt4 version.

For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit 
SMART Trader at pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com

Good luck trading and see you in the chat.
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Update To Previous Post (AKA Yes It Really Is This Easy Using SMART Volume Spread Analysis)

Posted on by pipbuilder
Here is an update to the last post.  This new post shows strength in the form of a SMART No Selling Pressure Bar.

 

Update To Previous Post (AKA Yes It Really Is This Easy Using SMART Volume Spread Analysis)

 

Please keep in mind SMART Trader itself is painting these bars which makes these patterns and setups much easier to spot and act on.
These patterns repeat themselves day in and day out and using SMART you can clearly see not only standard VSA signals but our advanced multibar SMART VSA patterns as well.
Trade setups are verified using our proprietary background scanners (included with the system).
For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit
SMART Trader at pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com
Good luck trading and see you in the chat.
Posted in Main

More examples of SMART VSA Hidden Selling and Hidden Buying on US Dollar Index

Posted on by pipbuilder
Here are a couple more examples of both Hidden Selling and Hidden Buying (refer to the earlier post for description).  We have a module in planning now with custom alerts and bar colors.  Forgive the low resolution (I am on my netbook atm)

 

More examples of SMART VSA Hidden Selling and Hidden Buying on US Dollar Index

 

 

Please keep in mind SMART Trader itself is painting these bars which makes these patterns and setups much easier to spot and act on. 

These patterns repeat themselves day in and day out and using SMART you can clearly see not only standard VSA signals but our advanced multibar SMART VSA patterns as well. 

Trade setups are verified using our proprietary background scanners (included with the system). 

For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit
SMART Trader at pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com 

Good luck trading and see you in the chat.

Posted in Main

One Full Trading Session Using SMART Volume Spread Analysis Software

Posted on by pipbuilder
The following chart illustrates how easily VSA can be traded using very powerful but simple concepts brilliantly illustrated in real time by SMART.

 

The total amount of pips trading the GBP/USD alone using the following signals was roughly 234.

 

One Full Trading Session Using SMART Volume Spread Analysis Software

 

 

Text from screenshot:
One Full Trading Session Using SMART Volume Spread Analysis – GBP 60 Minute Globex Chart using a combination of standard and SMART VSA:

 

1. Dead Zones (Low Volume Areas) These are typically no trade areas.  Please refer to: Volume Spread Analysis (Dead Zones)
2. Effort To Rise (SMART Green Bar – Strength)
3. Invalid but looks like hidden selling (Caution)
4. Wide Range Down Bar preceding an Upthrust (SMART Red Bar – Strength) Hidden Buying
5. Ultra High Volume Effort To Rise (SMART Green Bar – Weakness)
6. Advanced Supply Indication (SMART Red Square – Weakness) as well as an invalid  hidden sellingish pattern
7. Two healthy volume Effort To Fall Signals (SMART Hot Pink Bar – Weakness)
8. SMART VSA Reverse Spinning Rowboat (SMART Green Bar and Dot – Strength)

 

There you have it… one full session using SMART Volume Spread Analysis.

 

The total amount of pips trading the GBP/USD alone using the above signals was roughly 234.
If you trade multiple GBP denominated pairs at once (as I do) multiply this by a factor of 4.5.

 

The above trading example does not take into account any scaling in.  It is a straight “signal to signal” example.

 

This is a 60 minute chart and SMART includes alerts so you don’t have to sit watching charts all day.

 

Please keep in mind SMART Trader itself is painting these bars which makes these patterns and setups much easier to spot and act on.
These patterns repeat themselves day in and day out and using SMART you can clearly see not only standard VSA signals but our advanced multibar SMART VSA patterns as well.
Trade setups are verified using our proprietary background scanners (included with the system).
For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit
SMART Volume Spread Analysis or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com
Good luck trading and see you in the chat.
Posted in Main

Classic Shakeout

Posted on by pipbuilder
Classic Volume Spread Analysis Shakeout (also hidden selling (module in future update)
The Shakeout is one of my favorites of the classic Volume Spread Analysis signals.  The following chart illustrates a classic example of a Shakeout (SMART Grey Bar) and thanks to SMART’s Audio Alerts you wouldn’t have missed it.

 

Smart Volume Analysis Classic Shakeout
Sorry for the lower resolution of this screenshot.  It was taken on my mini netbook.  

 

 

Please keep in mind SMART Trader itself is painting these bars which makes these patterns and setups much easier to spot and act on.
These patterns repeat themselves day in and day out and using SMART you can clearly see not only standard VSA signals but our advanced multibar SMART VSA patterns as well.
Trade setups are verified using our proprietary background scanners (included with the system).
For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit
pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com

Good luck trading and see you in the chat.

Posted in Main