"Those who cant do teach"

Forex Trading Philosophy

Is that a 20 or 21 ema on your chart? If so, a lot of algos and black box systems use this as a trending indicator. If you see price respecting it almost perfectly during low volatility periods of the market it can be a great indication of further ...

vsa with Malcolm

And a bull you should be! A high chance with specs heavy short pre and post FOMC; large accumulation prior to "non tapering" and volume signals are all pointing north. There were a few signal calls by large banks yesterday pumping a sell on the ...

vsa with Malcolm

You will not get an accurate read of the Forex market on lower time frame charts. Bring up a higher time frame and save yourself much pain and financial loss.

vsa with Malcolm

I agree with you. I Would not be surprised to see some more shorts liquidated tomorrow into the weekend. No real reason to be long dollar right now from a tech and fundamental view. When these 2 align you have a great trade opp.

vsa with Malcolm

GBPCHF and AUDCHF are looking a little tipsy. Might be tie for a small retrace.

USD/CHF

Nice retrace and still dropping. It is approaching the 20 ema (daily). I wont be holding anything over the weekend as this Syria conflict might heat up.

EURUSD

EURCAD is looking over extended. 8 days up without a retrace of note. Just saying ...

EURUSD

Signs of weakness are starting to appear on the USD. I like AUDUSD short term for a move back to 92.50.

vsa with Malcolm

Volume dried up and had the small stop out prior to the news drop. Today's holiday made trading difficult however we have a NFP tomorrow! I see no real signs of strength in the EURUSD currently.

vsa with Malcolm

If you are good enough trading your own account at a retail level with any amount of money you will be head hunted almost immediately by boutique prop firms associated with your broker. Keep trading well and everything else will fall into place. ...

I trade my own account for a living. Tell your story

Something I'm watching on the eur, Ill wait to see higher volume on a up move now, stop below 1.3 for a quick trade.

vsa with Malcolm

Nice post, We have all seen this pattern many times before; most traders take a long and get stung. It wasn't until I learned to wait for low volume testing after a ove like this that I started to profit from the consistently.

vsa with Malcolm

The best way to trade for a living is to friend a bank trader and figure out his favorite single malt. Hopefully he will give you some big orders to front run.

I trade my own account for a living. Tell your story

Something is brewing with USDJPY, watch for high volume bars closing off their highs for signs of a temp top. Still extremely bullish however nothing goes up in a straight line. On a side note, Is there anybody good with mt4 script that could ...

vsa with Malcolm

Had to take a crack at it. When that much activity comes into play its sometimes worth a small nibble. Flipping through the charts I like what I see from the GBPUSD, waiting for one more sign of weakness to hop on the short bus with Gavin.

vsa with Malcolm

A lot of volume coming in on the EurUsd, time to look for a quick stab at a long with a tight sl. Also keep a eye on 15 min audusd, if we break the daily highs look out!

vsa with Malcolm

1. Giving a few bank traders bottles of single malt and letting them talk. 2. Ben Bernanke's FOMC rhetoric. 3. FX Futures volume and COT reports.

Your top 3 indicators

Still holding longs from a few days ago. I agree with Hidden's post and trade call in the short term'; although I am still long-side bias for the longer term unless we see a shakeout.

vsa with Malcolm

Nice posts and charts everybody, the different opinions and views makes for great reading and market consensus .

vsa with Malcolm