Certainly appears so... 15 min upthrust followed by a completed 15 min upbar and this 15 min bar is also currently up. Also the daily low wasn't even take out by 10 pips and that upthrust bar closed only 1 pip lower than the lowest daily close... It ...

vsa with Malcolm

Now that's an upthrust... Daily range thus far 55 pips... all in one 15 min candle!

vsa with Malcolm

Very true, but I do love those tests that print down close to a daily low that get in you in with 10-20 pips and leaves the entire days ADR at your mercy for lot 2 after the 1:1 is quickly in the bag ...

vsa with Malcolm

Yes now flat... it was risky for me simply as a product of being NFP day... other than that the set-up is one I would have taken any other day as everything I look for was there including a nice NS printing right above my price action line... ...

vsa with Malcolm

My target was 1:1 at 6296 as I wanted to get in and out and saw the opportunity to do so on GU with this move down on what I saw as very little interest (unlike EU that is just kind of sitting there ranging)...

vsa with Malcolm

Now I personally took the opposite approach and saw the accumulation along and inability to break the daily support level 1 at 6240 followed by a strong, increased vol up bar closing on it's high and then a NS on the 15min chart (as seen on your ...

vsa with Malcolm

Another snoring NFP day thus far 1hr before LO...

vsa with Malcolm

Yes and I had all kinds of reasons for taking a set up off the 3830-3840 zone, 38.2 fib retrace of Wednesday H/L, DPP, several days POC's within this general area and if I had noticed last weeks high sitting in there too it would have just given me ...

vsa with Malcolm

EU — Didn't even realize it when I started eyeing the 3840-3830 level on Wednesday for a long trade set-up today that it was also the zone containing last weeks high...

vsa with Malcolm

There was too much divergence in your convergence and WAYYYY too much of your candlesticks are showing.

vsa with Malcolm

Either the above or looking further now at the way the day closed I would rather see a move down into 3920-3900 with SO + confirmation or test for entry from this level with the daily high around 4050-4070, 4100 would still be in the cards if NFP ...

vsa with Malcolm

He is one of the only traders (other than you of course) that I actually follow along with over at that madhouse...

vsa with Malcolm

I don't see much lower than 3920-3900... but that's just me.

vsa with Malcolm

You must be referring to T?

vsa with Malcolm

EU for Friday... I would like to see a move up in Asia with a LO or pre LO SO or test into the 3960-3950 (1hr trigger) zone for a long NFP booted trade into a daily high at 4110-4090.

vsa with Malcolm

I agree and it seems to me that perhaps we were seeing a lead from the big boys that they were expecting Trichet to do what he did and thus the signs of strength followed by a brief shake out to start the move up followed by well you know... That is ...

vsa with Malcolm

Completely agree with you about indetifying strong support for picking good long trade set-ups locations. Yesterday I identified for me personally I wanted to see a SO or test into 3840-3830, when the day closed and today's daily pivot point marked ...

vsa with Malcolm

Many thanks...

vsa with Malcolm

Trading the news with VSA — Question to those more experienced in VSA than me (which is most on here) could one trade High Impact news and Press Conferences based on the clues the big boys through into the charts? I guess the biggest wrench ...

vsa with Malcolm