EURJPY seeing some nice PA at the L of the LO bar (currently still the highest volume today).

vsa with Malcolm

Hello, Aldo my old friend... we would welcome you and your millions with open arms!

vsa with Malcolm

EURJPY is currently battling around at the low of the crazy wide spread bar from Dec 5th, 2016 bar. Strange though that despite it's wide range the volume was not crazy high...

vsa with Malcolm

Yes VSA is based on tracking the SM... Of course if we manage to get it right and follow them to the right side we should profit. Does this really happen? Not for most. Why? Because they don't' really take the time to learn to read the charts ...

vsa with Malcolm

Triggered yesterday... took off today. Awesome...

vsa with Malcolm

Well if LO was the bar you marked then the highest volume bar must have been an afternoon speech as it was 2PM EST. I wouldn't make any call on bulls or bears until the high or low was taken out and would be looking to trade that zone the next day ...

vsa with Malcolm

Quiet day with the US bank holiday so the ND may not trigger but I'm setting a pending to enter a third short if the low does break. See what happens from here.

vsa with Malcolm

Sure it does as 4hr charts can look very different from broker to broker based on what 4 hourly bars are included in it. So yes that can hugely impact trading VSA on a 4hr chart. Even daily charts can be affected based on when the open and close ...

vsa with Malcolm

Finding the volume spikes is only subjective if you're trying to compare your volume to another trader or broker. Your broker would have high volume spikes on bars (easier seen on the 1hr chart than 4 hr chart - also 4 hr charts are hard to trade if ...

vsa with Malcolm

Watch the highest volume bars (effort bars)and see what the result of that effort was. If we see high volume up bars into previous supply and then we see ND we can safely assess that we just witnessed DIST. If we see high volume up bars push through ...

vsa with Malcolm

If the market went up, sideways and then up again it wasn't DIST, it was reaccumulation.... unless the next move up was only a trap mark-up to sucker in more weak longs. But if the move up was an actual trending move (HH, HL etc...) then it was ...

vsa with Malcolm

In that case, where the second zone was completely inside the first zone and was on lower volume than zone 1, I would have left on zone 1. Actually, I might have put on zone 2 also just to keep an eye on that area especially that shared 50% level. ...

vsa with Malcolm

After multiple rejections from 121 I set a pending short at the end of the trading day yesterday. Triggered today so I now have two Daily trades open on EURJPY. Hoping we get a new LL on this swing down after just placing a LH. Leaving SL and ...

vsa with Malcolm

Don't let missed trades cause you to sway from your plan. There is no such thing as a missed trade. There are trades we take and trades we didn't take. We can't catch them all and there will always be others. I don't look at trades I didn't catch as ...

vsa with Malcolm

Down bar followed by up bar doesn't automatically mean buyers are in charge. Buyers were found yes, but you need to consider context of the PA and what the background is. As I noted we took out yesterday's low so of course there would be buyers... ...

vsa with Malcolm

Why was bar 1 SOS? It took out yesterday's low and the next bar while up was on reduced volume back into the low with an immediate failure... Background.

vsa with Malcolm

If your looking for an entry that gives immediate drop or rise your not going to find it or you'll need to get lucky. While we can read SOW or SOS and can tell what direction the market is headed being able to predict when the exact move is taking ...

vsa with Malcolm

Awesome rejection today off the 121ish level as expected. Took an intraday scalp entry off the 5 min chart. LO zone marked in yellow. The green level is the L of a 4hr zone I was watching... LO, rejection first at that 4hr L followed by a killer ND ...

vsa with Malcolm

Watching 121ish level for another possible chance to add more shorts...

vsa with Malcolm

Been preaching that for years ... glad your seeing some benefit with it.

vsa with Malcolm