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pres78 replied Mar 15, 2011DPP = Daily Pivot Point and I use an MT4 indicator that plots the daily pivot point and as 3 support and resistance levels to watch for that day only. The daily pivot is basically the 50% point of the previous points high to low range. It seems to ...
vsa with Malcolm
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pres78 replied Mar 15, 2011Very well could be... they probably touched the high of that bar anyway which is close to the trigger... perhaps someone more expereinced with trigger #'s could shed some light.
vsa with Malcolm
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pres78 replied Mar 15, 2011Definatley not much volume pushing that move down from the DPP... Lack of selling.
vsa with Malcolm
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pres78 replied Mar 15, 2011That first test / NS was a beauty as it's low was right on the trigger (however it's high wans't broken within 2 bars)... The next couple didn't touch the trigger so I don't know how that works.
vsa with Malcolm
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pres78 replied Mar 15, 2011Well we just kissed the DPP at 3965... Insert picture of bull here

vsa with Malcolm
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pres78 replied Mar 15, 2011The volume was higher than the last 2 bars on my chart for this bar when it closed... more of a mini SO perhaps... high volume test. Would feel better if it was lower volume and not so close to the VAH and DPP.
vsa with Malcolm
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pres78 replied Mar 15, 2011With FOMC who knows... we could see the daily high or just as easily the daily low...
vsa with Malcolm
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pres78 replied Mar 15, 2011Nice 15 min test forming off yesterday's POC... still a few mins to go...
vsa with Malcolm
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pres78 replied Mar 15, 2011Looks like EU may heading back to the VAH and DPP... 3950-3960.
vsa with Malcolm
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pres78 replied Mar 15, 2011Yes I am using volume and day start hour as 0... which I think for my broker might me GMT + 1... Right now I have my POC's from today and yesterday both near 3930, Last Tueday and Wednesday around 3903 and Thursday and Friday both around 3822...???
vsa with Malcolm
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pres78 replied Mar 15, 2011EU POC's — The POC's are really grouped together... we a couple of groups which have a couple of POC's very close together... so close I can't even read the date labels on my charts anymore

vsa with Malcolm
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pres78 replied Mar 15, 2011I see 2 NS bars in the last 6 completed bars on the 5min chart...
vsa with Malcolm
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pres78 replied Mar 15, 2011So as a follow up to this conversation pertaining to squat bars and VSA... I saw a nice example today on the EU 5 min that fits exactly what Intel mentions... narrower spread and higher volume that the previous bar. It even fits the set-up of when ...
vsa with Malcolm
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pres78 replied Mar 15, 2011GU has also busted at a little over 200 but good old EU is respecting thus far... could change at any time though.
vsa with Malcolm
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pres78 replied Mar 15, 2011We could see some indceicion / ranging until FOMC... plus we have already had nice ADR which should keep downside limited IMHO.
vsa with Malcolm
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pres78 replied Mar 15, 201115 min second highest volume bar close (for my charts anyway)...
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pres78 replied Mar 15, 2011EU I am looking for price if it gets back above 3900-3910 to form a test / NS after moving abck above... 3910 is a nice 15min trigger from which a safe long could be taken... An even safer entry long would be a test in the 3945 area after moving ...
vsa with Malcolm
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pres78 replied Mar 15, 2011Perhaps... I could see a mark down / SO into 3860 to reach ADR before bringing it back up... Also it did make a lower low, but not a lower close and buyers came in on the bar that originally made the first lower low.
vsa with Malcolm