Still looking for shorts - no signs of strength here IMO. Ideally a retrace up to 1.3809 would be nice - but not sure if it will get there. As mentioned above I missed the trade I really wanted, so no point in rushing in now. I think US open will be ...

vsa with Malcolm

Anyone else hate when the markets won't wait for you? I was all ready to short the 15 min no demand and subsequent hidden upthrust when I got called downstairs to a meeting - I come back up and its dropped 40 pips lol

vsa with Malcolm

Can you post a chart (4h)? I'm not as convinced - waking up this morning I see price bounced off yesterday's POC on next to zero volume (futures) and now have headed south. Do you consider the price now (1.3793) a bargain or has your mind changed ...

vsa with Malcolm

I'm tired so very quick comments from me - GU, although the spread in the US session was narrower the volume was lower than earlier. I'm not seeing anything yet that would conclusively stop the down move. Again more likely looking for shorts again ...

vsa with Malcolm

Then you have the advantage...my m3 is buried in snow at the moment lol Now, I'm off to produce another chart which looks pretty and predicts that tomorrow price will either go up, down or sideways lol

vsa with Malcolm

Ok cool, thanks for the heads up. I'm not familiar with this but I'll try and get over to the AMT thread for a look.

vsa with Malcolm

What do you mean by this - can you give me an example?

vsa with Malcolm

Yesterdays, early doors in the trading day, but also paying attention to the developing POC as well.

vsa with Malcolm

Been out of the office all day so missed the action. But learnt some (free) lessons today. My rule is to look for shorts below the POC, and longs above it - paying attention to price action around it (to see if it's going to push through). If I'd ...

vsa with Malcolm

I have moved my stop to B/E. Capital preservation is number 1, if price drops back down and stops me out I'll re-evaluate my position.

vsa with Malcolm

I've edited my post above

vsa with Malcolm

OK just to show I'm not always boring I just took this trade and thought I'd share it with you all. I don't like catching knives but I'll explain my reasons for jumping in. The ATR is around 130 pips, and we've seen almost that in only the asia ...

vsa with Malcolm

Agreed, and I'm presuming a breakout would tend to follow the background trend which in this case would be strength and upwards we go? I'm not very familiar with wedges and breakouts so I appreciate any advice here. The only alternative would be for ...

vsa with Malcolm

EU — EU is all over the place. Although we have long term SOS in the background (seen last week and before) today appears to have been a day off for the SM lol - volume is very low and although like GU we saw an effort to rise which met with ...

vsa with Malcolm

I had a choice between posting these charts or watching a tv programme about attractive models....hence the delay in posting the charts lol GU analysis attached. I'm thinking the testing yesterday on low volume and the effort to rise today shows ...

vsa with Malcolm

Bit quiet tonight isn't it? lol I'm waiting for the US market to close so I can bore you to tears with my summary charts and predictions for tomorrow

vsa with Malcolm

It'll come back, give it time

vsa with Malcolm

Works for me, although I'm confused why it took them so long to do this. We're getting close to US open as well

vsa with Malcolm

Yip, I've already declared my love for the futures. I find it much easier to read. Its early days though, there are others here way more experienced than I am that can comment on the differences between the 2. I've got a macbook air with 4gb ram - ...

vsa with Malcolm

We were making higher lows this morning since 06.00 GMT, but those higher lows were on low volume (no demand) - and look what happened - wide spread mark down (I'm looking at the 30 min btw). We need to see how it reacts to yesterdays POC / ...

vsa with Malcolm