Still have a 3rd of my XLE trade open. No new trades today. Was multi-tasking with deliverables and the World Cup and didn't have a plan on motion for an intraday entry. I expected FOMC to be a trigger for a move but it was pretty tepid overall. AMD ...

Simulating (to) Success with VSA

Appreciate in Pranith. Was stopped out of CAT today. My stop was not large enough but I'm still bearish and might try to get involved again down the road. In general, today looks like the final shakeout across the markets before a harsh move lower. ...

Simulating (to) Success with VSA

XLE Still holding a third of my position. I wouldn't be surprised if it started a weak rally on Monday tho but I'm going to hold unless there's real strength present: image CAT I was a tad early, but luckily I placed my stop based on the trend on ...

Simulating (to) Success with VSA

Occasionally, I use this to explicitly see the complete range of a bar, but very rarely. Eyeballing it should become easier as you get more reps reading the charts Practice makes perfect. Read Master The Markets if you haven't already and use it as ...

vsa with Malcolm

I've sold two thirds of my positions and still have the rest open. TBH, it should be the other way around with two thirds of the position open, but I was paying too much attention to the 3m timeframe yesterday and got spooked. My current theory on ...

Simulating (to) Success with VSA

Funny you should ask, I was talking w/ Pranith R. about this yesterday. FXCM had the most consistent free FX data on TradingView the last time I checked, and I haven't seen any reason not to trust their intraday Forex data, but I will say that their ...

vsa with Malcolm

Candle range. That is why most VSA charts only show the High/Low/Close instead of Open/High/Low/Close.

vsa with Malcolm

Probably couldn't have envisioned a better day: image Ideally, I am going to wait until at least $82 to lock in some minor profits as that is where a prior Value Area lies. This is a clear example why I need to backtest more. I don't have solid ...

Simulating (to) Success with VSA

Jumped into XLE. Used 3% of my Roth IRA. Hoping that this is the last hurrah for traditional energy stocks and it goes in perpetual downtrend as we transition towards renewable energies. Another positive aspect of the trade is the murmurings of ...

Simulating (to) Success with VSA

Looking at XLE as a long term short in my Roth IRA: image Background Lengthening of Thrust as a SoW (11/14 -> 11/21 is an increase in the size of a downswing as a potential Change of Character) If price doesn't head higher on Monday, then 11/22 ...

Simulating (to) Success with VSA

I have been able to put a better face to my issue. I have been struggling with seeing potential entries outside of climactic tops/bottoms. I realized two things this week: Testing (or failed testing) of support/resistance levels are the keys to ...

Simulating (to) Success with VSA

Yup you're right, it was a poor copy/paste job re: the label on the chart What I liked about his strategy is that he has his own insights baked into a loose amalgamation of existing strategies. For example: The initial trade setup ...

[Book] Price Action Breakdown - Laurentiu Damir

With my SPY trade from Nov 3rd, it was in my Roth IRA and since it was the overarching ETF, I was down to risk about 2.2R instead of 1R. Not only was I stopped out, but I increased my risk by entering after a gap move higher, so I ended up losing 4R ...

Simulating (to) Success with VSA

"You know what they say, if price isn't weak it must be strong." is so simple but something I admittedly overlook. Today, CAT had UHV on a narrow bar down day. It seemed excessive, like potentially accumulation so I think I'll refocus on XLE & ...

vsa with Malcolm

Watching stock w/ crypto-currency exposure. Charts are showing some climactic volume but obviously still too early to pull the trigger. RIOT is the most interesting since it is near the bottom of a channel on top of being a strong EvR bar today: ...

Simulating (to) Success with VSA

Question for anyone. Do you trade distributions tops differently from retests? I'm contemplating an early entry but not sure if it's sound trading or just FOMO: image Distribution hitting the ticker Waning volume showing sellers aren't interested ...

vsa with Malcolm

Got stopped out on a trade for the S&P 500. Lost a pretty penny on it too: image 1) Sign of Strength in the Background 6) Narrower bar than #5 but increased volume = buying. Also, this bar could be perceived as a long term test of #1 8+9) ...

Simulating (to) Success with VSA

Really enjoying the additional layer of your analyses via multiple timeframes HiddenGap!

vsa with Malcolm

The Bitcoin story looks like a drawn-out dogfight between bulls and bears on the Daily/Weekly, but a bit clearer on the Monthly: image Closes off the lows. Buying present. Could classify as Preliminary Support in Wyckoff terms Bears regain control ...

vsa with Malcolm

^ UJ looks especially juicy as well. Lord knows I've been stalking it for months now. I think the USD reverting from being excessively strong + the Yen reverting from being excessively weak means that the pair will have the most volatility or ...

vsa with Malcolm