Thanks... I am still in long on GU from 6170 on my second lot so I am watching the hourly candle very intently to decide whether to get out or let it run...

vsa with Malcolm

Go Sweet Crude Oil Go... shoot for the moon... Go for that monthly high around 147.26 back in July 2008 ... anyway SL has been moved up to lock in some profit on Lot 2. Just took out the recent swing high created 2 days ago.

vsa with Malcolm

Many thanks my friend... Nice analysis and way to make this system your own. Nights haven't been bad... two weeks old today and she is sleeping 3-4 hrs at a time.

How to use the 123 strategy effectively

Yes from time to time I take a losing trade but have had a very good 2011 thus far trading VSA which has been a gem of a find for me and a real eye opener. I also still take some pattern trades (i.e. 123's) which I have been successful with. ...

vsa with Malcolm

It appears so... I wish my forsight was as good as my hindsight...

vsa with Malcolm

Nearing 150 pips on EU for the day... will we keep going, retrace or just range out the day?

vsa with Malcolm

I guess my long on EU from 3705 doesn't look so bad anymore... (still wish I could've gotten in around 3640)...

vsa with Malcolm

Great trading... profitable day.

How to use the 123 strategy effectively

Light, Sweet Crude Oil Future... — Tried a VSA trade on the only oil that my broker offers... Light, Sweet Crude Oil Future (wow what a mouthful)... 1. Trigger bar from yesterday 2. Test and bounce off trigger 3. NS entry on next bar SL ...

vsa with Malcolm

There you got your dip...

vsa with Malcolm

We had that after LO... that's where I picked up my awesome long from... No need to go back... well OK we can go back but only for a moment and no lower

vsa with Malcolm

London Open

How to use the 123 strategy effectively

So price ended up just moving sideways to finish Tuesday and then Asia took it up and hasn't really looked back as of yet. I didn't get my movement back into the 3640 zone but I was able to get in around that 3700 level on a post LO test of a ...

vsa with Malcolm

Trade what works for you... others have posted what works for them and it's up to you to build off it.

How to use the 123 strategy effectively

GBPUSD long continued — Saw a nice NS shortly after I closed out my second position so re-entered long with TP 1 at 1:1 and TP 2 left open for me to check at LO... it is still ruinning.

vsa with Malcolm

Oh and there is a WRB 1hr trigger level from Tuesday charts sitting right around that 3640 level also... Lots of interest at this point.

vsa with Malcolm

Closed lot 2 at 6170 also... too close to bed. Will get up 1hr before LO to inspect the situation.

vsa with Malcolm

Possible UT forming on 30 min EU... 2 mins to close.

vsa with Malcolm

GBPUSD long — I did get into this trade ealier today after I noted in this thread the nice 2 bar reversal I saw that had a downbar stopping right on 6100 with the next bar up on the 5 and 15 min charts... 1. buyers 2. stopping vol 3. low vol ...

vsa with Malcolm

EURUSD — I have always been a fib user as it keeps me in line with where we stand within a bigger picture move... also I have learned to love and respect those 38.2 and even the 50 fib retraces to reload / gather steam. It also allows me to ...

vsa with Malcolm