Boom, crash and burn... there someone asked a while back if I ever took a losing trade... 2 lots both hit SL just now... Saw strength off that old trigger but it didn't materialize... it only went 10 pips in the good so still 15 away from hitting ...

vsa with Malcolm

A nice 1hr 2 bar reversal on EU... the body of the 1hr upbar fully engulfed the body of the 1hr SO bar on increased vol and closed on it's high... only the SO wick sticking down below. Hopefully a nice SOS.

vsa with Malcolm

I was lucky to get out at BE on my second lot from this morning's trades on the initial post news move up before SO or lot 2 would have hit SL at 3800... figured we would see a "bad news" SO below 3800 before heading back up so I thought it was best ...

vsa with Malcolm

Tadawul FX... no idea how it compares to the Esignal etc... type feeds but I have learned to read it and trade with it.

vsa with Malcolm

In long on EU at same entry as before 3825... major volume going on and looks like buyers back at that old trigger level.

vsa with Malcolm

Did anyone else last EU 5 min bar have a major volume spike? Higher than the recent post news bar...

vsa with Malcolm

There was NS entry (but too soon as no signs of strength after the SO) on the EU 5 min but too risky for me ATM... will wait to see if we get a retrace into 3810 for a test of the high vol trigger bar after this move up off the SO / selling climax ...

vsa with Malcolm

Did you close out with some profit or are you still in?

vsa with Malcolm

Looks more like a possible shake out to me currently will have to see how the next bars play out... Last 3 - 5 min bars for me look like news bar indecision, increased vol downbar closing well off it's lows without spread to match vol, further ...

vsa with Malcolm

US news is tricky as it can go either way as it all depends on whether they use the news to go risk on or off... US stock markets not open yet so we will have to see what happens... Possible SO forming on 5min will wait for test or NS after strength ...

vsa with Malcolm

Well we tested that level again, moved up created a LH, fell off towards 3800 on reduced 15min vol, US news printed worse than forcasted and I was waiting to see if it would cause a spring upwards... it went back to my entry, struggled so I got out ...

vsa with Malcolm

This whole EU move back towards 3800 is on dropping off volume leading into US news...

vsa with Malcolm

Ah there we go... this is more of what we see quite often after a high vol bar giving triggers... move away from it and now back down to test... In fact we just got another 2 tests of that trigger level. The days low is a level that I mentioned at ...

vsa with Malcolm

I also entered EU long at 3825 off a test of a 5min trigger level just before LO... would have preferred to see more pull away first before the test and price was still under Hull and PAL so it was a risky entry. Figured we were due for some retrace ...

vsa with Malcolm

Everytime we move down a few pips someone whips out this picture. We haven't even taken out yesterday's low let alone anything significant to the bulls.

vsa with Malcolm

GU biggest area of interest for tommorow sits at 6200-6190 which played big roles today in many trades... Yesterday's POC (big surprise), today's open and the DPP all fall in this general zone. 6240 is also a tough resistance level that I am ...

vsa with Malcolm

Normally we see price range into a channel pattern, bull flag, bear flag etc... when price comes to a tight point as we are seeing now price has to normally BO either up or down as the wedge has run out of room. As with anything this does not always ...

vsa with Malcolm

EU biggest level of interest leading into LO and where I would love to see a long set-up in is 3895-3905... DPP, Weekly Pivot Point, 3/9/11 POC, 3/8/11 POC and today's opening price all fall within this zone... Lots of volume action in and around ...

vsa with Malcolm

You can really see the wedge I mentioned in an ealier post on that 8hr charts last 3 bars... price is coiling and condensing into a tight point which usually leads to a nice BO.

vsa with Malcolm

higher and lower close respectively... nothing with respect to the low or high.

vsa with Malcolm