Someone agrees with me for a change...you are my new best friend

vsa with Malcolm

That's the beauty - nobody had to fund it. Think about this example: lets say you have 1 billion of euros bought at 1.30 (for example). Presume you want to sell the 1 billion at a higher price than it is now (otherwise we'd have seen big supply ...

vsa with Malcolm

Likewise on GU — I think the same for GU (test on the 12H) - what does everyone else think? Back onto EU: I'm thinking now that we've seen lack of selling on EU at the top and now the market has been marked down to tempt the bears, who aren't ...

vsa with Malcolm

12hr EU — The 12 hour EU, whilst not yet finished, is looking like a test - PA has almost stopped and we're on very low volume. Is it a coincidence that we're just sitting about the daily POC?

vsa with Malcolm

Sorry to hear that Just realised I've been calling you KinsaleForex recently when your real name is in your sig on every post - doh! Sorry Liam!

vsa with Malcolm

Frank it sounds like your 2% means you are reducing your stop loss to fit. IMHO you should never do this - always decide the appropriate stop loss level and then trade based on that. You might end up having to trade 1.5% instead of 2% but if 2% of ...

vsa with Malcolm

Ah sorry Kinsale, I misunderstood - I thought you had bought EU

vsa with Malcolm

I appreciate your comments . I accept you may miss some trades this way but for less experienced people (which ultimately in terms of trading experience I am) I feel it is far easier to succeed than trying to catch the knife where you need to have ...

vsa with Malcolm

What was your entry KinsaleForex? (i.e. what made you enter the trade)

vsa with Malcolm

Cool, I understand. Please don't think that I'm arguing with yourself or Mr J - I asked the question why are people looking for longs so I can try and understand your reasoning, which turns out to be a different approach to mine - but thats cool. I ...

vsa with Malcolm

My opinion is that it depends on the time frame you are trading. The 1 minute could have a different trend to the 4 hour, of course - but looking at the charts today I can see that the 5 min, 15 min, 30 min and 1 hour are all trending down at the ...

vsa with Malcolm

Once I looked up what myopic means I understand what you're saying I find it fascinating that you don't look at multiple timeframes and I'm certainly very interested in what you're doing. I'll watch your future posts with greater interest now ...

vsa with Malcolm

Intra day trend is surely, yes If you were looking for intra day trades like I do, and want to trade with the trend, I do still think we're looking for shorting opportunities right now.

vsa with Malcolm

I love your charts, really clear and concise. I remember your posts back from Seamus's VSA thread, and I have a lot of respect for you and your chart reading skills. I don't feel qualified to critique your work but I do have one thing I'm ...

vsa with Malcolm

I meant it doesn't look like an intra day shakeout, i.e. a shakeout that means we're going to rock back up to 1.4 and above today. I'm thinking of intra day trend trading. I agree over the daily, 2 day or weekly it may turn out to be the beginning ...

vsa with Malcolm

Very fair point Intel, it didn't even cross my mind that you were counter trend trading. Its just when I was starting out I found VSA difficult enough without counter trend trading so I presumed everyone was trying to trade with the trend. Apologies ...

vsa with Malcolm

Guys, I'm wondering why you're looking for longs. Right now I'd be looking for short setups as we've clearly broken down below 1.3960 and it doesn't appear to be a shakeout. I might be wrong, but I'm interested in your reasoning for still looking ...

vsa with Malcolm

My 1439 is attached. Ignore the bars on the far left for now as I'm still not sure what I did to change that happening! But this is on Spot EU, and I would say its average or slightly below average volume. Certainly not high or ultra high.

vsa with Malcolm

Can you post a chart please Meshach? I'm not seeing anywhere near high volume on my 4 hour chart, GU Spot or Futures.

vsa with Malcolm

Can you upload any charts for us Frank? It'll help your learning curve when people here can comment on it.

vsa with Malcolm