London Open.

vsa with Malcolm

Trade closed TP 2 at 3918... I think this is pre LO SO building / mark down in prep for what is expected as good EU high impact news in 3hrs... Quick in and out for 30 pips so a nice start to the morning.

vsa with Malcolm

Short EU at 3938... Chart later... SL 3948, TP 1 hit at 3928, TP 2 open and now a free trade.

vsa with Malcolm

Yes this thread is very fortunate to have such wonderful posters here helping all of us VSA newbies...

vsa with Malcolm

It appears the new trigger level has alread been tested also. I know you use triggers... don't we want the test bar to close above the trigger when looking for a long? There were a few earlier bars that I would have looked at as tests (well hidden ...

vsa with Malcolm

As always many thanks HG...

vsa with Malcolm

Oh ok... thanks Intel and Sono for the replies. So Intel do you mean that if we see a wide spread bar on high volume and then a narrow spread bar on even higher volume would it be a squat if it is in the same direction as the wide spread bar (i.e. ...

vsa with Malcolm

Really... I seen it referred to on here in the past? Must just be an add on type of bar that some use with their VSA. So from VSA point of view does a bar with narrow spread and higher volume have a name? Effort to fall?

vsa with Malcolm

See Intel's reply to this... I made a bad call from my Blackberry... sorry about that.

vsa with Malcolm

Oops my mistake... was looking at the picture on my Black Berry and it looked like the volume was wider than the last few bars but I see now that it wasn't... Sorry for the bad info.

vsa with Malcolm

Wait for the market to give the signal before entering anything based on VSA. Close to end of day now plus London has gone home... now we wait for a test or SO into an area of high interest like 3930 or 3980 depending on how Asia plays out.

vsa with Malcolm

Man Sono GU is having a good run today... nice trade to carry on from Friday. Looking at EU now I wish I had held my long from Friday...

vsa with Malcolm

Narrow, range high volume is a squat bar.

vsa with Malcolm

Yes GU just made a nice move up on that last 15min bar.

vsa with Malcolm

Oil — I can see why oil scares some people... look at that SO over 2 bars seen on the 15min chart. Can you imagine how many shorts they trapped on that move and how many weak longs got stopped out. It was right down into the VAL with no close ...

vsa with Malcolm

Lot 2 closed at 3970... out for the day.

vsa with Malcolm

TP1 hit now a free trade.

vsa with Malcolm

I am long at 3956 off a 15min test. SL is placed at 50% of ADR at 3936 for 20 pips. TP1 is 3976 (almost there) and TP2 is open ATM.

vsa with Malcolm

Point of Control.

vsa with Malcolm

So you have TG with Esignal feed... whom do you place your trades through?

vsa with Malcolm