Monthly Archives: August 2010

VSA (Volume Spread Analysis) Setups On AUDJPY H1 Using SMART VSA and Standard VSA

Posted on by pipbuilder

Hi all I am still on vacation (Back on Sunday or Monday) but have been trading very casually this week.  Here is the requested chart on AUDJPY based on some private messages.  Even though I was trading casually I was still able to pull in a very nice amount of pips on AJ alone using SMART VSA (Volume Spread Analysis) and Standard VSA.  I am on my mini so annotation is light and the background and color guide areas are a bit jumbled… but take a look at the following chart.  This chart is the Hourly AUDJPY

 

VSA (Volume Spread Analysis) Setups On AUDJPY H1 Using SMART VSA and Standard VSA
 

1. Weakness and Supply Indication on our SMART Advanced Stength or Weakness Module. Extreme Weakness
2. SMART Green Bar (Standard Effort To Rise on high but not excessive volume) Also The Strength Indication (Blue Square) on our SMART Advanced Stength or Weakness Module. Strength
3. We have a standard Volume Spread Analysis Signal (Upthrust) SMART Red Bar (Very Weak. Normally this is a weak signal but because it is following a Climatic Effort To Rise or if you are using SMART the Green SMART Bar, it is stronger weak signal)
4. Strength and Demand Indication (Blue and Green Square) on our SMART Advanced Stength or Weakness Module. Extreme Strength.
5. Candle didn’t close when I started writing this but we do see a Supply Indication which is a sign of weakness.  Caution but I am done for the day likely as we are heading into the friday DZ

 

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

 

When I am back to my main machine (curses Mini) I will be back to trading baskets as well for those that miss those charts.

 

Good luck trading and see you in the chat

 

PS The copy of SMART on my mini is not the most recent version so certain advanced signals are not appearing for those of you confused by the lack of advanced indications.

 

 

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Vacation

Posted on by pipbuilder

As many of you know from the live chat I have been away for a few weeks on vacation (hence the lack of updates).  I will be back on Sunday evening and ready to roll.  If you have any questions or need anything in the meantime just let me know via our ticket system or in the VSA chat.

I wish you all good luck.

See you in the chat.

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Vacation

Posted on by pipbuilder

As many of you know from the live chat I have been away for a few weeks on vacation (hence the lack of updates).  I will be back on Sunday evening and ready to roll.  If you have any questions or need anything in the meantime just let me know via our ticket system or in the VSA chat.

I wish you all good luck.

See you in the chat.

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Using Standard VSA and SMART VSA To Trade Big News Events (FOMC)

Posted on by pipbuilder
GBP/USD 5 MInute Chart just prior to FOMC Using Standard VSA as well our own advanced VSA (SMART VSA)
I posted this chart to someone in PM just minutes before the FOMC announcement, I commented that I took the long off the very high volume etf (SMART Pink Bar) and the rest played out fairly nicely.

 

 

1. Effort to fall on very high volume (SMART Pink Bar).  Long taken
2. Advanced Reverse Spinning Rowboat (Strength)

 

Using Standard VSA and SMART VSA To Trade Big News Events (FOMC)

 

As you can see, and I mentioned in an earlier post regarding NFP, VSA does indeed preposition on the right side of news in most cases.

 

We do have some additional signals (Buying Cliamx ( SMART Dark Red Bar) and an Effort To Rise (SMART Green Bar) I tend to ignore most patterns for 30 minutes after news.

 

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

 

Trade setups are verified via 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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USD Basket Trading After NFP Using SMART VSA (Volume Spread Analysis) Software

Posted on by pipbuilder
USD 30 Minute Index Chart Using SMART VSA (NFP Candle)

 

The first trade as previously mentioned was not based on VSA (even though a valid reason to enter did exist)  It was a hunch that there would be some initial profit taking after the big dip.

 

As usual we had a large dead zone area before the news but positioning was happening earlier which I posted about in my previous post using a GBP/USD Trade as an example.

 

 

1. News Candle (US NFP)
2. First Entry on the open of the candle following the NFP announcement after an extremely high volume SMART Pink Bar
3. SMART Blue Bar (Strength)
4. Scaled in on USD Basket.

 

USD Basket Trading After NFP Using SMART VSA (Volume Spread Analysis) Software

 

I will expand on trading baskets (multiple pair trades) using SMART VSA in forthcoming posts and articles for our clients area.

 

 

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

 

Trade setups are verified via 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 Room at http://vsa.pipbuilders.com

 

Good luck trading and see you in the chat.

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NFP and SMART VSA (Volume Spread Analysis) Software

Posted on by pipbuilder

On big news events such as NFP (US Non Farm Payrolls) we often find that VSA prepositions for news and today was no exception.

 

GBP/USD 15 minute chart.  I took the long at 158.66 after strength indications on our Advanced SOW (strength or weakness) Module and our Reverse Spinning Rowboat Signal Module.  The trade is currently sitting at +80 pips and trailing.

 

NFP and SMART VSA (Volume Spread Analysis) Software (80 pips)

 

This chart is being posted and was grabbed on my mini netbook (hence the small chart and lack of annotation) so I will do an annotated version from the mains in a moment.

 

Using SMART VSA it was a fairly easy play.  When the trailing stop gets taken out I will be looking for a long USD basket trade on the inevitable profit taking although this is not a volume based play so I will not post the details in here but we are discussing it in the chat.

 


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

 

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 Room at http://vsa.pipbuilders.com

 

 

 

Good luck trading and see you in the chat.

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Our Very Own "SMART" VSA (Volume Spread Analysis) In Action

Posted on by pipbuilder
SMART VSA (which consists of our proprietary advanced VSA multi-bar patterns and signal modules identified using SMART) is beginning to take shape.

 

This example chart of a very simple SMART VSA setup caught a 375+ pip move on AUD/JPY.

 

In the example our Advanced Strength Indication and Spinning Rowboat Modules are shown (Arrow 1 & 2)
Please keep in mind SMART Trader itself is painting these bars which makes these patterns and setups much easier to spot and act on.
We are completing multiple modules for the next update including our own SMART VSA (Volume Spread Analysis) Advanced Signal Modules
Trade setups are verified via 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 Room at http://vsa.pipbuilders.com
Good luck trading.

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SMART Trader VSA (Volume Spread Analysis) Software Update Is Live

Posted on by pipbuilder

The planned SMART Trader VSA (Volume Spread Analysis) Software Update Is Now Live:

The update includes the following changes/additions:
  • Optimized the No Demand and Supply Test Modules
  • Optimized the Shakeout Module
  • Added Caution Signals for potential (prior to confirmation)  No Demand and Supply Test signals
  • Added No Selling Pressure Module
  • Added VWAP Price Module
  • Added a custom interval setting to the VS/R Module (default was daily before)
  • Added two new advanced modules: Tree Hugging Fruitcake (Strong Short Signal) and Reverse Tree Hugging Fruitcake (Strong Long Signal)
  • Added a setting (VolumeLookback) for the climax bars. Volume must be the highest volume in VolumeLookback periods to classified a climax bar.
  • Added "Climactic Action" bars. Any bar that is ultra high vol and ultra spread is now painted
  • The HVA/Z Module (High Volume Area Module) is not included in this update as it is still going through testing.

Added the following Audio Alert Sound Files:
  • smart_unconfirmed_supply_test.wav
  • smart_unconfirmed_no_demand.wav
  • smart_no_selling_pressure.wav
  • smart_unconfirmed_no_selling_pressure.wav
  • smart_tree_hugging_fruitcake.wav
  • smart_reverse_tree_hugging_fruitcake.wav

You can download the updates from within the clients area.  Please be sure to download both the installer and the sound installer as we have added new audio alerts for the new signals.

If you have any questions regarding SMART or this update please feel free to submit a ticket at our website http://www.smartvsa.com or join us in our Live VSA trading Room at http://vsa.pipbuilders.com

Good luck trading and see you in the chat.

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Quick Analysis of AUD/JPY Using SMART Trader Volume Spread Analysis Software

Posted on by pipbuilder
Per request.  Here is a quick analysis of AUD/JPY on the M30 (30 Minute Chart) Using SMART Trader Volume Spread Analysis Software.

 

AUD/JPY 30 Minute Using SMART Medium (Light) Template

 

1. SMART Red Bar (Weakness)
2. SMART Pink Bar on high volume (Caution/Weakness)
3. SMART Advanced Strength Indication (Caution/Strength)
4. SMART Light Pink Bar (Weakness)
5. SMART Pink Bar on high volume (Caution/Weakness)
6. SMART Blue Bar (Strength)
7. SMART Blue Bar on very high volume (Strength)
8. SMART Red Bar (Hard to see it but Weakness)
9. SMART Light Pink Bar also an Advanced Strength Indication and VDZ (Caution)
10. Multiple signs of strength (Strength)
11.SMART Light Pink Bar and Advanced Weakness Indication (Weakness)
12. VDZ, and multiple weakness signals to 13 (No Trade Caution/Weakness)
13. Advanced Strength Indication (Strength)
14. SMART Light Pink Bar (Weakness)
15. SMART Background Scanner Readings (Weakness on both but looks to be turning potentially)

 

Quick Analysis of AUD/JPY Using SMART Trader Volume Spread Analysis Software

 

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

 

We are completing multiple modules for the next update including our own SMART Volume Spread Analysis Advanced Signal Modules

 

Trade setups are verified via 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 Room at http://vsa.pipbuilders.com

 

Good luck trading.

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Updates Possibly Coming Later This Week In SMART Volume Spread Analysis Software

Posted on by pipbuilder
We have been busy with some modifications and programing for a planned update to the SMART Trader (Volume Spread Analysis) Software. If you already own a SMART license this update will be free.  Here are a couple of things that should make it into this update:
  • A VSR (Volume Based Support and Resistance) Modification that looks very promising in our internal testing.
  • Two new SMART Trader Advanced Signal Modules.  I will post screenshots later today (Time permitting)
  • Caution Based Signal Versions for any signal that requires confirmation. The signal will paint prior to confirmation but with a new color or icon (This might wait till our next update)
I hope you are all having a great weekend and we will see you in the Live VSA Trading Chat Room from Asia on.

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

SMART Trader at pipbuilders.com

Good luck trading and see you in the chat.

PS People constantly ask what SMART stands for.  SMART is an acronym for Smart Money Analysis in Real Time.

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