Long at 3790 off low vol 5min test of 3785... SL tight at 3775... TP 1 hit, TP 2 moved to BE will let it ride...

vsa with Malcolm

Bar hasn't close yet had it? Still heading up ATM... Edit... that bar closed up and didn't break the low of the ND... based on 2 bar rule that ND is now invalid.

vsa with Malcolm

Careful we have moved away from the ND...

vsa with Malcolm

ND is an upbar the one you marked is a downbar and would be a NS... Also you can have a ND appear on a retrace during a downmove and does not have to only appear on an upmove... Many times a ND will appear on a confirmed moved down and will give a ...

vsa with Malcolm

Tread lightly, news in 15mins...

vsa with Malcolm

ADR indi for MT4 — Hey Pipper... Wasn't sure how to attach this to a PM so I am attaching here. This is my ADR indicator seen on the bottom right of my home trading chart window as requested. Not shown at work as it takes up to much room on my ...

vsa with Malcolm

There was a volume increase on that bar for sure but need to see a downbar next to confirm that it was in fact selling and not absorbing... and look where it closed right around that 3785 4hr trigger level... HMM more volume at this level... look at ...

vsa with Malcolm

Well my contrarian view didn't work out... looked good for a bit after that pre LO SO but then the first hour of London ended up being a weak move up... typical LO fake out. We got up to 3840 but never strongly above to allow for a test down into ...

vsa with Malcolm

Closed out lot 2 at 3780 ... this move up looks weak ATM but will be in and out of meetings this morning so I am out and flat now... no more trades until next week.

vsa with Malcolm

Yes well thankfully I wanted to get a test down lower in the 3785 area or above 3830-3840... We got a pre LO SO type move down and then the first hr of London took it up but not on great volume and we never got a good strong move above the 3830-3840 ...

vsa with Malcolm

This was simply an end of day observation made that was based on the attached chart. Now since that I did agree with Sono that a test into the 3830/3840 zone or for me even back down into this same 3785 trigger zone would be the safest entries to go ...

vsa with Malcolm

My personal recommendations which I shared with another on here just yesterday with respect to VSA. Read MTM (which you can get on here)... it may not all make sense at first but once you read it come back here and read all chart related posts by ...

vsa with Malcolm

Man if only we weren't 4 hrs away from LO... (oh and that damn 4hr trendline over head that Malc brought to my attention that I was blissfully blind to ) Signs of buying / accumulation all over the 1hr chart... look at those wicks pointing ...

vsa with Malcolm

OK now to bed...

vsa with Malcolm

Check out this post, I marked up one of foxybunny's charts with a really nice example of a low volume test on the EU 1hr chart. Remember that we have to be "testing somthing" and in this example it is a high volume trigger level. url

vsa with Malcolm

The background needs to have strength, not weakness in it. Strong upbars for example with no signs of sellers or an upmove which then has a weak looking retrace, i.e moving down on lowering volume, small spreads etc... and then we could at this ...

vsa with Malcolm

Good night all hopefully see you leading into LO... email alerts set for a few levels so I may be up before that. If the baby doesn't wake me first ... or make me sleep through LO again. What a week...

vsa with Malcolm

Shake out and London open...

vsa with Malcolm

Make sure before entering anything long we are seeing strength in the background... even the right entry signal such as a test without the right background is of no use to us.

vsa with Malcolm

Sign of strength and you may also see some mention SOW (sign of weakness)...

vsa with Malcolm