Monthly Archives: November 2010

Canadian Dollar Rally As Seen Through The Eye’s of SMART VSA (Volume Spread Analysis) Software

Posted on by pipbuilder
Hello all I hope you enjoyed your holiday (for those in the United States) and weekend.
I lost my mini (Dell Netbook) so I haven’t been in the chat as much. I am on my main machine and my travel laptop but will remain scarce for a day or so more while I set up the new mini.

 

Here is a screenshot of the nice rally today on CAD picked up beautifully by SMART VSA.

 

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

 

Canadian Dollar Rally As Seen Through The Eye's of SMART VSA (Volume Spread Analysis) Software
Text from screenshot:

 

Canadian Hourly Chart (Globex)

 

1. Reverse Spinning Rowboat (Strength)
The Reverse Spinning Rowboat is a two bar SMART VSA Signal.

 

2. Shakeout (Strength)
The Shakeout is a classic VSA pattern confirmed by SMART

 

3. Hidden Buying (Strength)
The Proprietary Hidden Buying Signal Confirmed by SMART (Module coming in a next update)

 

SMART would have gotten you in just as the rally got underway.

 

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

Multiple Charts Using SMART/VSA Detailing the Shakeout Pattern (and two others)

Posted on by pipbuilder
Multiple Charts detailing the SMART/VSA Shakeout Signal on H1

 

These are not hand picked charts these are the raw Hourly charts which anyone can verify.

 

Charts are labeled in the text on the chart.  As you can see SMART/VSA works on Gold and ES as well. (Of Course)

 

Needless to say the pip/point amounts were impressive but I did not bother to figure them out.  Remember for basket trades multiply by 4.4

 

The Charts

 

Australian Dollar
Multiple Charts Using SMART/VSA Detailing the Shakeout Pattern (and two others)

 

 

(edit I mislabeled this Australian Dollar chart but you can see the Shakeout as well (the grey bar from earlier)

 

British Pound

 

Multiple Charts Using SMART/VSA Detailing the Shakeout Pattern (and two others)

 

Canadian Dollar
Multiple Charts Using SMART/VSA Detailing the Shakeout Pattern (and two others)

 

New Zealand Dollar
Multiple Charts Using SMART/VSA Detailing the Shakeout Pattern (and two others)

 

Gold
Multiple Charts Using SMART/VSA Detailing the Shakeout Pattern (and two others)

 

ES (SP 500 Mini)
Multiple Charts Using SMART/VSA Detailing the Shakeout Pattern (and two others)

 

 

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

Live Trade Results Using SMART Volume Spread Analysis Software (2155+ of which 1112+ were called live in the chat)

Posted on by pipbuilder
I hope you are enjoying your weekend.  Here are the results for the past week using SMART Volume Spread Analysis Software (signal to signal on h1 usually and in non dead zones)
Roughly half of these pips (1112) were from trades called live in the chat.

 

Live Trade Results Using SMART Volume Spread Analysis Software (2155+ of which 1112+ were called live in the chat)

 

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

What you missed tonight (1.5 hours) and this week not coming into the VSA chat. Hint 1000+ pips

Posted on by pipbuilder
Just a quick post to let you know what you missed not coming into the free VSA chat today.

Time is EST AM and first call was made at around 3:00 AM EST so 1 1/2 hours total before I decided to head off.

(04:22:14) Me: not digging the pa on aus and getting tired
(04:22:19) Me: closed for 52 ish
(04:22:31) Me: total for tonight (actually 1.5 hours) live calls in here was…

(04:22:55) Me: 187.10
(04:22:58) Me: pips
(04:23:14) Me: and for the week (Sunday night)…
(04:23:47) Me: 1016 pips

The chat is free to anyone interested in learning VSA and everyone is welcome (be warned it is moderated so no funny business).

Chatroom Here (pick a real username as vsa names are kicked randomly by our bot Shamoose)

Edit: First trade of week was done on the 15th actually, so Monday not Sunday as quoted from the chat.

Let me remind you these trades were made in real time and called out live.
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

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.
Posted in Main

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.

Posted in Main

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.
Posted in Main

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.
Posted in Main