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pres78 replied Mar 1, 2011If next 15min bar closes down then I would agree we could be seeing absorbtion of the demand at 3800 but if up then buyers are keeping 3800 in place... Sono is right we are stuck in a choppy range not worth trading ATM. 3800 and 3850 for me are key ...
vsa with Malcolm
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pres78 replied Mar 1, 2011Careful last couple of 5min bars looks like possible shake outs... waiting for confirmation... 3800 is still intact ATM.
vsa with Malcolm
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pres78 replied Mar 1, 2011Got lucky on this bar as it hit my target to the the pip before going down (SL would have be almost hit now). Now waiting to see if we are going lower or seeing a news shakeout. Edit... SL would have been hit...
vsa with Malcolm
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pres78 replied Mar 1, 2011TP 2 was just hit to the pip on this most recent 5 min spikey candle... And it's lucky as we are now heading back down...
vsa with Malcolm
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pres78 replied Mar 1, 2011Nope because lot 1 was closed for 1:1 profit so even if lot 2 hits the SL I walk away even as though I never traded. I have been burned too many times in the past moving to BE too soon only to get stopped out right before price continues onto my ...
vsa with Malcolm
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pres78 replied Mar 1, 2011SL is still in position... For a smaller move like this where I am only targetting max 35 pips I will keep my SL where it is... I won't move a SL to BE on lot 2 until I get to at least 50+ in profit. Worse case now on this trade is my SL gets hit ...
vsa with Malcolm
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pres78 replied Mar 1, 2011After coming back down to within 11 pips of my SL it has started to head back up... TP 1 hit (for 1:1), let's see if we get back to 3850...
vsa with Malcolm
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pres78 replied Mar 1, 2011NFP week we very well could bounce betwen 3800 and 3850 for a while... Looking back it seems that at least one day of each NFP week is a tight range, well below ADR type of day that we have seen thus far... Although Benanke speaks in 40 plus some ...
vsa with Malcolm
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pres78 replied Mar 1, 2011We have been below 3800 but haven't had a close below on the 1hr charts so I was hoping that 3795 was safe (although we went up and back down to within 11 pips of my stop) and for now it seems to be as we are heading back up. We will see I guess.
vsa with Malcolm
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pres78 replied Mar 1, 2011Another NS bar (even lower volume than my trigger bar) just printed on the 5min charts.
vsa with Malcolm
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pres78 replied Mar 1, 2011Top right corner hit the paper clip and then once the attachment window opens hit hide images... scroll through the indies and you will find many different versions of this indi...
vsa with Malcolm
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pres78 replied Mar 1, 2011EURUSD long... — Didn't take the long trade that presented itself around 35mins after LO as NS simply because my entry was at 3820 and the swing low for my stop at the shake out would have been at 3785... This is a 35 pip stop loss and with ...
vsa with Malcolm
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pres78 replied Feb 28, 2011Short trade, point 1 highest, point 2 lowest and point 3 retrace and MUST be lower than point 1 other wise it is a failed set-up.
How to use the 123 strategy effectively
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pres78 replied Feb 28, 2011Not sure what you were asking with your wording but see attached an example of a good 123 short set-up...
How to use the 123 strategy effectively
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pres78 replied Feb 28, 2011We don't all trade fulltime and unless it is early Asia I can't post my charts simply for a lack of time. I get up at 3AM to check pre LO set-ups and go back to bed to get a few hours sleep before work. I post most all of my charts when I get to ...
vsa with Malcolm
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pres78 replied Feb 28, 2011I was expecting a larger retrace from the daily high on GU (similar to what we have seen on EU) considering how many pips it moved up today... seems strange to me.
vsa with Malcolm
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pres78 replied Feb 28, 2011IMHO we have to much weakness ATM for any safe longs. I was looking for possible signs of strength around the 3800-3790 levels but haven't seen any...
vsa with Malcolm
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pres78 replied Feb 28, 2011You put together some nice VSA indi's... many thanks for all the time you have invested.
vsa with Malcolm
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pres78 replied Feb 28, 2011Gotta love those 200+ days... Too bad I missed all of it.
vsa with Malcolm
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pres78 replied Feb 28, 2011My biggest concern with this trade was how far before LO it was leaving me to open to getting stopped out by those notorious LO shake outs... But I was only risking 20 pips so I was able to go back to sleep

vsa with Malcolm