Not trading. Waiting for stocks.

vsa with Malcolm

Yesterday was a shakeout maybe. Today just some moving back and forth. Looks weak both ways somehow. We'll see what US brings.

vsa with Malcolm

Everything may blow-up in US session. This up, down, return can't continue forever. Don't like volume either. Down on low volume, up on high volume, then vice versa. 1.3613 and 1.5834 seems to be the selling pressure area. I was about to short ...

vsa with Malcolm

EU and GU bearish divergences popped up on 1hour chart. Don't like trading against that. Will be looking for more weakness. Don't like trading against that.

vsa with Malcolm

LOL there's still selling pressure. I'll wait for US session for clearer signals.

vsa with Malcolm

I was looking at GU and thinking "it's gonna go down now" but did nothing as I was focused on gbp/chf. Tiny stopping volume now. Could still go either way.

vsa with Malcolm

I think EU is overdoing this up move a bit. Could be a trap move maybe?

vsa with Malcolm

Does anyone trade GBP/CHF? It was one of my favorites a while back until it started going crazy. Now it's near all time lows, so might be a good buy. So far it looks there are more buyers than sellers. Update: it went insane right after that. ...

vsa with Malcolm

Oh man, was just about to close the trade when that whatever that thing was (shakeout?) hit. SL slip was like 20 pips

vsa with Malcolm

You never know, US session might be all selling and no buying! That happens quite often

vsa with Malcolm

Crap. Got a huge slip. Silly news! Anyway, will look for a better price to enter.

vsa with Malcolm

I'm waiting to see if there are enough buyers to hold and reverse this.

vsa with Malcolm

I don't like this session at all Got stopped out on GU. Probably should stick to my "I hate Mondays" routine and stop trading Currently GU and EU supply overcame demand, although there's still demand left.

vsa with Malcolm

Ohhh, didn't know that! Thanks!

vsa with Malcolm

Thanks, egkid About EU or GU tests. I would love to see some tests, but as long as the price is supported, I can't short. EU and GU very close to breaking support price wise, but it's not clear. There certainly is some pressure going on right now, ...

vsa with Malcolm

Buying going on (EU and GU) the same way it did Friday. This is pretty crazy. Even at the end of the week there was like no profit taking, just braking s/r zones left and right. We're almost at 50% retracement of the huge down move (EU), so that ...

vsa with Malcolm

Dear hindsight, How do I make you my foresight? Have a great weekend everyone!

vsa with Malcolm

Oh my god. Was so focused on EU that I totally missed GU. Such a nice little test on 5m. There go my pips...

vsa with Malcolm

Clearly there is a wall of supply on EU at the current level. What confuses me is why won't it fall? Is everyone content with the price level? Or is it some sort of distribution or accumulation? There doesn't seem to be any pressure down below that ...

vsa with Malcolm

Looked more like stopping volume. Taken from MTM about shake-outs: A shake-out can be defined as is a sudden wide spread down, usually on bad news. It is engineered to create panic selling, thus helping the transfer of stock back to the professional ...

vsa with Malcolm