I should qualify that I don't disagree that we are and have seen supply at 1.175... It is a level to watch...

vsa with Malcolm

No open trades on EURUSD at the moment just observing till LO tomorrow. For me it is the weekly High level of 1.17140 from Aug 2015 (which is near 50% of key down bar which printed on July 27th that confirmed the break of this long standing High) is ...

vsa with Malcolm

Crude and EURUSD charts seem to be telling me a very similar story... USD weakness (EURUSD rally) and Crude strength (rally) coming in the near term. We will see how the rest of today plays out to build tomorrow's trading plan.

vsa with Malcolm

Seeing some volume surge on EURUSD right now at the high of that WR, UHV hourly bar.

vsa with Malcolm

I have my copy sitting at my trading desk. It's in rough shape and is full of sticky notes for quick reference but it's always within reach. That is actually something I love to do while trading... I am always reading as it's a great calming time ...

vsa with Malcolm

Wow, Malc is back and the thread is a flurry of activity. Great to see!

vsa with Malcolm

EURUSD - there was never any reason today to be looking to go long. Shorts all the way today on this pair.

vsa with Malcolm

Recently updated what I look for in my pres78 2BR's. See post 1. First bar of the pattern MUST be on increasing volume. Before I had that this was optional. When bar one is on higher volume than bar two but lowering volume overall the pattern is ...

Prez Forex (pres78) Trading Journal

Why didn't I take the test... Combo of the white zone level and the recent swing high = too close to get even 1:1 between a break of the test bars H and that white zone level / recent swing high Entry from 50% = more room to get a decent return ...

vsa with Malcolm

EJ - none of your entry bars are touching the levels, they MUST touch the levels. Touch the level, test the level and close back above or below it. GU - at 50% of YZ but at L of TZ so that's a riskier trade. You could have gotten profit had you ...

vsa with Malcolm

Not at all. I just feel bad because I don't have sufficient time to really help a few of you as things are getting busy at work again and I don't like to see a few on here struggle to grasp VZA as it can offer such amazing information to help with ...

vsa with Malcolm

Trading the zones isn't for everyone. It works great for me and others have found success with it too but for some, they find it too complicated on how to draw and manage the zones. There is no one size fits all. It all comes down to finding one's ...

vsa with Malcolm

Again the zone from yesterday formed and PA was still contained within. There was no clear break of the H and shitty sideways PA after so no trade. LO was the bar that completed the 2BR which seems OK but when you look at the fact that the bar ...

vsa with Malcolm

AUDUSD - I don't trade this pair. Today's zone inside yesterday zone on lower volume. That UT closed below 50% of today yes but still inside the zone from yesterday... Each time we take out the L we didn't get anywhere and closed back inside the ...

vsa with Malcolm

The ND closed above the zone L. I won't take a ND or NS that closes above or below a level. It can pass through the level but MUST close back above or below it. Also the L of the ND was NOT taken out so there was no trade based on the VSA ND entry ...

vsa with Malcolm

The charts you attached are USDJPY (whichI don't trade). Again I would not assume much about that up bar until the H or L is taken out. At the time I would feel markup to fill sells but again I need to see the result. Trading live I don't see any ...

vsa with Malcolm

Chart 1 - not tests. Tests need to be testing into new recent lows. The first bar is a NS at best. Always best to wait for the high to be broken and get in on a test during a retrace back to the zone. After that ND (3rd bar) yes it's time to get out ...

vsa with Malcolm

Lovely end of the day on EURJPY. Too late in the day and week but check out that lovely ND into the shared low. White zone = today's zone L, yellow zone is the Feb 22nd zone L. I love those shared levels. Awesome. Let's see what next week brings.

vsa with Malcolm

EURJPY See what I mean? The WR up bar off the news was a sucker move. No continuation, no follow through. The price was marked up to previous supply and we then fell again and are down testing that low of the Dec 5th bar. This is why I never panic ...

vsa with Malcolm

OOH BABY Gotta love the unscheduled news... Frances Bayrou Backs Macron; Says Will Not Stand In Pres. Election - RTRS From @Livesquawk Messing with the EURO right now. When it comes to the news though we still need to see the reaction after the ...

vsa with Malcolm