Thanks for the confirmation... Still learning to read the VSA signs especially the background.

vsa with Malcolm

I know Malc said we might see a bust upwards but are we not seeing weakness on the EURUSD 15min? We had a low volume test of the trigger level followed by a downbar and we have a rounded top. I am sure my brokers volume is wacky so what I am seeing ...

vsa with Malcolm

No trades today — I have not taken any 123 trades today (nor any 2B trades)... PA is rangy at best plus I slept through LO.

How to use the 123 strategy effectively

Yes what's that old saying... plan your trades and trade your plan. We are ll guilty of straying at times. Yes I would love to see a nice shake out, confirmation and then a low volume test or NS near the 3640 level to get in on a nice long. I have ...

vsa with Malcolm

Thanks so much for the detailed explanation...

vsa with Malcolm

I am also in agreement on this long trigger... the only place I differ is that I won't become short trade biased for anything longer term (like Malc's 100pip target he mentioned if going short) until we also clear 3611.

vsa with Malcolm

Yes but it was a nice way to pick up 30 pips at the end of day (non VSA). I had a short pending at 3700 down to that stubborn 3670 level. I had a tight 10 pip SL in case it continued on up so it had a nice risk / reward.

vsa with Malcolm

And there is that 3702 level I referred to earlier. Price touched it before moving back down some.

vsa with Malcolm

What are you reffering to as game changers?

vsa with Malcolm

Leave it to end of day NY to make a new high on the EURUSD... will we creep up through 3700 on low volume at days end?

vsa with Malcolm

Price hit -38.2 fib and came within 4 pips of my target. After than 2 bar reversal with a strong down and then a fully engulfing upbar I closed out at BE... no point in taking a loss this late in the day... in hind sight I should have just stopped ...

How to use the 123 strategy effectively

EURUSD — Everytime it goes down... it comes back up to that same zone. Let's see if tommorow PA can finally push up through. One could have made some nice pips just selling this level...

vsa with Malcolm

EURJPY short — Currently in this late day short.

How to use the 123 strategy effectively

Not much more happening today I suspect.

vsa with Malcolm

I got in and out for 37 pips off a 5min ND and that nice rejection at the 3670 level. I got in at 3648, out at 3611 and had my SL above the recent high at 3682 for just better than 1:1. It was a riskier entry as I was below hull but it was blue and ...

vsa with Malcolm

Agreed... man I may need to look into a more reliable volume feed.

vsa with Malcolm

Look at that 15min wide range downbar it was on dropping off volume (lowest in 6 bars on my broker)... no selling pressure? Profit taking? The very next downbar closed off it's low on increased volume and back above that 3611 level. It was good that ...

vsa with Malcolm

That zones been tough on the bulls. We need some steady upbars increasing in volume to push through this zone...There is still some ADR room left just have to wait and see if the money driving the market wants anymore upside.

vsa with Malcolm

Huge spikes in volume always tells you something... then you have to anylise the bars associated with this spike as well as the background and the bars that follow.

vsa with Malcolm

Closed my third position at 196 pips when price crossed up over the PAL on the 15min chart.

vsa with Malcolm