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Old 09-22-2009, 12:42 AM   #1

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VSA for Forex

Hello, I am new to this forum, I have been through alot before I found Jesse Livermore and this forum, I am a forex trader, I am using Meta trader 4.

1.Can some one with VSA knowledge to comment if I can trade forex with VSA or VSA is only for stock?

2. If from your experience, VSA is good for forex, which platform should I use instead of MT4?

3. I was directed to this forum from: http://tradingmentor.net/index.html , the owner of this site says that this VSA forum covers more than enough for the entire VSA methodology, so as a beginner, how should I begin since there are tons of info kept in this forum?


I appreciate for all your attention.

I wish we will all succeed in the business of trading!

Thanks

tradebetter
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Old 09-22-2009, 11:44 AM   #2

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Re: VSA for Forex

Quote:
Originally Posted by tradebetter »
Hello, I am new to this forum, I have been through alot before I found Jesse Livermore and this forum, I am a forex trader, I am using Meta trader 4.

1.Can some one with VSA knowledge to comment if I can trade forex with VSA or VSA is only for stock?

2. If from your experience, VSA is good for forex, which platform should I use instead of MT4?

3. I was directed to this forum from: Home , the owner of this site says that this VSA forum covers more than enough for the entire VSA methodology, so as a beginner, how should I begin since there are tons of info kept in this forum?


I appreciate for all your attention.

I wish we will all succeed in the business of trading!

Thanks

tradebetter
You should begin by reading the VSA threads and take notes. If you do, you will see that all your questions are answered already.
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Old 09-22-2009, 03:14 PM   #3

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Re: VSA for Forex

Thanks for your reply Sevensa, I have just started reading the material in this forum.


Do you believe one can trade profitably once he/she finished learning all material here, what I mean is to trade based on VSA alone?

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tradebetter
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Old 09-22-2009, 04:15 PM   #4

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Re: VSA for Forex

Quote:
Originally Posted by tradebetter »
Thanks for your reply Sevensa, I have just started reading the material in this forum.


Do you believe one can trade profitably once he/she finished learning all material here, what I mean is to trade based on VSA alone?

Thanks

tradebetter
What I believe is really irrelevant and you shouldn't base your decisions on what some guy on the internet is telling you. What I do believe is that if you read this material that you will understand what VSA is about and that you wouldn't have to spend $1000's on training and software. I cannot tell you if you will be able to be profitable with it. Some will, some won't.

You will just have to read and decide for yourself if this make sense to you. If it doesn't, then move on to something else. There are numerous ways to trade successfully and not just one correct way. However, just because something works for one person, doesn't mean it will work for you. If you are not comfortable with something, then you will not be successful, no matter how wildly successful someone else is.
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Old 09-22-2009, 06:37 PM   #5

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Re: VSA for Forex

Again, thanks for your reply Sevensa, I totally agree what you are saying.

Beyond the topic, do you think VSA fits you? How long have you studied VSA? Do you consider yourself a VSA trader? Or you do combine other methodology when trading?

What else do you apply beside VSA ?


Happy trading.

tradebetter
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Old 09-25-2009, 04:24 PM   #6

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Re: VSA for Forex

Hi tradebetter,
I cannot answer all your questions, but would just like to share my observation,

VSA works best on EOD charts rather than intraday timeframes such as 1-min, 3-min, 5-min, 15-min, 30-miin, 1 hr, etc.
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Old 09-26-2009, 12:14 AM   #7

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Re: VSA for Forex

Thank you for your reply bunny, I appreciate it. Do you think one can master VSA once he/she finished reading all material in this forum?

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Old 09-26-2009, 05:49 AM   #8

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Re: VSA for Forex

I have not gone through all the VSA material on this forum. I have learnt VSA from Tom Williams' "Master the Markets". Its a free ebook which can be downloaded from http://www.tradethetruth.com/pics/mtmv3.pdf

I find it pretty accurate(than most common technical indicator) when it comes to outlook for the next day or the coming 2-3 days.
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