It may have been a choppy week but every day we have made higher highs since last Thursday and have had upbars everyday since the 18th with the 17th being the only downbar since we started moving up on the 10th. I personally still only see strength ...

vsa with Malcolm

GBPUSD short — Unfortunately I don't yet have the trading discipline that HG has... Shouldn't be trading this time of day but this short set-up was just to nice. Upthrust on higher volume, confirmed down move, hull red, under PAL ...

vsa with Malcolm

Others can correct if I am wrong but I see it per below. The two bars you marked were normal range and close on the low, on low volume so I would call these no supply or no selling pressure. NS's normally you want them to close more towards the ...

vsa with Malcolm

What do you see for tommorow? Test of 3800 tommorow followed by a retrace and test on Monday of this 3744 resistance (61.8 fib and Weekly Resiatnce) to see if it will act as support?

vsa with Malcolm

Yes 3740-3750 is a key level for the bulls.

vsa with Malcolm

I hear you on that... damn fulltime job.

vsa with Malcolm

Well it was a good call on the return to 3730... Ah well more opportunities tommorow.

vsa with Malcolm

Was that last 1hr downbar a shakeout or just london profit taking... perhaps they just wanted a better price to load up some more longs???

vsa with Malcolm

GBPUSD short — A short I took on the break of the ND... 1:1 for 35 pips.

vsa with Malcolm

And now we face weekly R1 level at 3750... I was able to get in at 3675... Let's see how far demand will push after that bad US data release 20+ minutes ago.

vsa with Malcolm

Seeing some demand entering the last 4 or 5 - 5min candles... but yes it is still early Asian so this may mean nothing.

vsa with Malcolm

EURUSD — Personally I would still love to see a NS or shakeout or low volume test with confirmation in that same 3630-3640 area which Malc mentioned yesterday for a nice long set-up... I can still see 3850 in the near term as I would think ...

vsa with Malcolm

I should have added an little guy doing this... or as I was trying to be sarcastic... I too much prefer the days of 160+ moves days like today suck.

vsa with Malcolm

80 pip range today... gotta love days like today.

vsa with Malcolm

So does that last 1hr candles close tell the VSA vetrans anything about the future of the EURUSD pair? All I see is a wide spread up bar that closed off it's high on very high volume that basically just ran between the two extents of the range. We ...

vsa with Malcolm

Yes but so has the topside... no clear break either way.

vsa with Malcolm

Either way a lot of stops getting hit I'm sure.

vsa with Malcolm

Nice see-saw candle on the 1hr... People jumping in long and then saying oh shit it's going down... oh no now it's going back up... Proof of why not to trade during FOMC.

vsa with Malcolm

NS followed by upbar and then this spike down we are now seeing... mark down, shake out or forcast of drop to come?

vsa with Malcolm

We need to get below the 3640-3610 zone before I start thinking short for anything longerterm... I was just happy that when I saw weakness in the background if even only temporary or for a SO it was correct.

vsa with Malcolm