EURUSD is back above last weeks high... let's see if it holds or fails. The last 15min closed bar looks like a low volume test... not sure if spread is too wide to call it a NS... Next couple of bars are key leading in NY. Looks like LO gave us a ...

vsa with Malcolm

After last week some volatility is just what the Dr. ordered... (pardon the Dr. reference )

vsa with Malcolm

And are you already in an existing long (or short) or will you look to enter at a particular area?

vsa with Malcolm

I watch 9 or so pairs... anything with less than 3 pip spread. No quiting anytime soon as my account is still way too small to do any real damage or make any real money. I was left with $500 in my account after I cleaned it out to help cover living ...

How to use the 123 strategy effectively

EURGBP 2B short — You gotta love when these work out so nicely... I entered with a SL of 12pips and a TP of 24 pips for a nice 2:1 RR. Left for lunch without setting my TP (man that could have burned me bad)... Got lucky as it has just kept ...

How to use the 123 strategy effectively

EURCHF long — Entered just before LO...

How to use the 123 strategy effectively

Well image that it closed right around that 3640 level that has been a frequent spot over the last few days...

vsa with Malcolm

A thrust bar is forming on the 1hr EURUSD... If it closes as such I will watch for a test of this bars close in either direction...

vsa with Malcolm

Up at the 3630 area just before LO... let's see what happens from this level.

vsa with Malcolm

The NS (sorry been calling it a ND all along) was my entry after seeing strength in the backround for several 4hr bars on my broker which is whatI am trading and all I have to work with.

vsa with Malcolm

Does anyone have any experience with esignals Live Charts option?

vsa with Malcolm

1hr, 2hr, 4hr whatever chart you are looking at they all contain either background strength or weakness regardless of your brokers time. I don't take a 4hr trade based on 1 bar the same as I wouldn't take a 5min trade off just one bar.

vsa with Malcolm

They are very different indeed... most on here trade off the 5min charts and grab the moves as they happen up and down... I trade both ways. I take longer term positions from the 4hr charts but I also trade intraday using the 5min and 15min charts. ...

vsa with Malcolm

Not sure if we will see as deep as 3230. 3300 has a lot of levels all coming together on the 4hr chart. Jan 3rd POC at 3306, 2/8 MM level also at 3306 and 50% fib of this upmove at 3316. Right now I see this area as the final stop before re-starting ...

vsa with Malcolm

Here you go.

vsa with Malcolm

We are now testing last weeks high (and yesterdays low) on the EUR and last weeks low on the GBP... Looks like that 50 fib level at 3580 may just be tested sooner than later.

vsa with Malcolm

TP hit finally... didn't look good since price retraced all the way back to entry after coming to within 1 pip of my TP... it hit on the second go up.

How to use the 123 strategy effectively

My Trades — Here are my trades for the day... So far I have taken and won a 123 and a 2B set-up... I am currently in another 2B set-up on the EURGBP after the successful 123.

How to use the 123 strategy effectively

I have had a harder time with this pair (simply because I haven't spent as much time trading or looking at it)... so I can't give any kind of honest opinion at the moment.

vsa with Malcolm

I full agree that a correction is well over due and needed in fact to keep up an extended move like this... I am just not sure that long term this move up is done. We definately could see failure to break the 61.8 fib and a correction back to the 50 ...

vsa with Malcolm