Bob Volman Price Action Scalping

[PipMonster24]

I am open to analyse trades, for the first the entry bar sure did take out the signal bar by about 3 pips, I normally set my entry a pip higher or lower as suggested by Bob though it might not be apparent like you said from the chart.

The second one is also a valid trade, its the PBP type (pattern-break pull back) and for this price doesn't necessarily have to retrace diagonally or build up to enter again as long as it touches the 25 EMA and the signal bar is of the right shape. I am not sure if a similar version is in the 70-ticks method as I trade only the 5 mins.

Personally I tend not to worry much about the lunch doldrums as I have seen price move well during some instances.

In the 70 tick book there isn't specifically a PBP setup, although some of the advanced range breaks can be classified as such.

I find the PBP in the 2nd book a tricky one. In many of the PBP setups BV shows in the book, the PBP does need to first cross a horizontal or angular line, but then again sometimes he shows a PBP as just a bar getting taken out.

 

[ajantala]

In the 70 tick book there isn't specifically a PBP setup, although some of the advanced range breaks can be classified as such.

I find the PBP in the 2nd book a tricky one. In many of the PBP setups BV shows in the book, the PBP does need to first cross a horizontal or angular line, but then again sometimes he shows a PBP as just a bar getting taken out.

Yes you are right, I forgot to include that part. It must also break or touch the original pattern line to be considered valid. My initial pattern line is the one from the failed first trade.

 

[PipMonster24]

Yes you are right, I forgot to include that part. It must also break or touch the original pattern line to be considered valid. My initial pattern line is the one from the failed first trade.

I wasn't talking about the pattern line from your first trade. It's good for a PBP if price retraces and the old pattern line provides support, but I don't think that's a requirement for a PBP.

I was talking about the PBP having it's own pattern line that it had to break.

I'm glad we're having this discussion and zeroing in on the finer details of the setup. Now I want to reread that chapter to make sure i understand things correctly.

Edit: I looked again at the chapter on PBP's last night and the pattern line of the larger pattern does play a major role in the PBP setup. The PBP itself often times has it's own pattern line but not always.

I must have thinking about pullbacks after a breakout from a larger pattern that breakout quite a bit and then retrace 40-60%. Those don't necessarily need to pullback and touch the previous pattern line.

 

[BLS]

Week 23 2016 charts from Volman:
https://www.dropbox.com/sh/1amxmi9af0fk6ej/VA5_ZrjQF1

 

[kulpio]

Back again.

Hi Guys!
Lots of new faces here. Thank you BLS for being so consistent on your Bob Volman's links. Always appreciated.

So I guess I will introduce myself to you guys.
I've been trading bob Volman's technics for three years now, on and off. After a year break (family, work, studies...) I am now able to sit for 6h-8h a day and start trading again!
My trading times will be from 4am to 11am Eastern Time.

Here is a screenshot of this morning's trades (I did not wake up at 4 today )
I will be posting all my trades here from now on.

Best

Kulpio

 

[PipMonster24]

Hi Guys!
Lots of new faces here. Thank you BLS for being so consistent on your Bob Volman's links. Always appreciated.

So I guess I will introduce myself to you guys.
I've been trading bob Volman's technics for three years now, on and off. After a year break (family, work, studies...) I am now able to sit for 6h-8h a day and start trading again!
My trading times will be from 4am to 11am Eastern Time.

Here is a screenshot of this morning's trades (I did not wake up at 4 today )
I will be posting all my trades here from now on.

Best

Kulpio

Nice momentum trades. I couldn't pull the trigger. I have a hard time going from bearish mode to bullish mode (and vice versa) when bulls swing the market up that swiftly after a pretty decent bear swing and without much buildup. I was also surprised to see the bulls push price past the former highs.

 

[BLS]

Week 24 2016 charts from Volman:
https://www.dropbox.com/sh/1amxmi9af0fk6ej/VA5_ZrjQF1

 

[BLS]

Week 25 2016 charts from Volman:
https://www.dropbox.com/sh/1amxmi9af0fk6ej/VA5_ZrjQF1

 

[BLS]

Week 26 2016 charts from Volman:
https://www.dropbox.com/sh/1amxmi9af0fk6ej/VA5_ZrjQF1

 

[BLS]

Week 27 2016 charts from Volman:
https://www.dropbox.com/sh/1amxmi9af0fk6ej/VA5_ZrjQF1

 

[BLS]

Week 28 2016 charts from Volman:
https://www.dropbox.com/sh/1amxmi9af0fk6ej/VA5_ZrjQF1

 

[BLS]

Week 29 2016 charts from Volman:
https://www.dropbox.com/sh/1amxmi9af0fk6ej/VA5_ZrjQF1

 

[kulpio]

Hi everyone,
I said I'll post my trades but I am not very consistent
You will find below the screenshots of July of trading as I did screenshot them (at least). I still have a few bad trades that could have been skipped, but I was profitable...which is the goal, right? I was happy to see that some of my trades corresponded with some of Bob Volman's, our master
After the brexit crazy days, the volume went quite flat, so I found it difficult to trade....I had days constantly trading for breaks only to go nowhere... we kind of stayed stuck at the 1.1 level.
The notes on my charts are sometimes personal I might insult myself, that is when I got frustrated...
I would love to see more comments and input on this thread... so I 'll start posting more frequently.
See you guys.
Best

So here are the trades of week 27

 

[kulpio]

Here are the ones of week 28:

 

[kulpio]

Week 29:

 

[kulpio]

And finally week 30:

 

[kulpio]

Please comment! I would've to know your thoughts.
Thank you
Best
Kulpio

 

[kulpio]

* I would love to know your thoughts

 

[BLS]

Week 30 2016 charts from Volman:
https://www.dropbox.com/sh/1amxmi9af0fk6ej/VA5_ZrjQF1

 

[keen246]

Please comment! I would've to know your thoughts.
Thank you
Best
Kulpio

Hi Kulpio,

Thanks a lot for sharing your trading. Congratulation for following Volman's teachings. I know what it takes. I'm not trading currently using Volman's methodology, but plan to come back to it in the near future.
Your charts are very realistic and depict what an excellent student would trade after knowing the method inside out. Please keep posting your trades.

A couple of questions: Are you trading using Proreal charts, or just use them for visual aid and take the trades with another sort of platform?
How many hours per day are you devoting to trading like this?

Keep up the great job.
Cheers,
Keen246