That's what I love about VSA you can get in on the retrace down and then back in on the move back up in sync with the markets movements all by watching for the signals built right into the charts that most completely miss... I too was once that guy ...

vsa with Malcolm

We are back to testing that 3670 area again but we got here on a high volume, WRB on the 15 min so we might see some retrace / pause again since the market does not like these (so I have been told )... Watch for a possible test (hopefully on low ...

vsa with Malcolm

The first one was right after the High Impact News (I know many don't pay attention to news...) and it was on high volume closing off it's lows with the next bar being an upbar with a long lower wick both being kept up by the 3600 level. The third ...

vsa with Malcolm

Careful with any EURUSD longs until we get back above 3611. This level has kept the upside contained since we broke back below it 9 - 15min bars ago (also we have last weeks high sitting at 3622). Then we have 3640 and the 3670 to 3690 areas to ...

vsa with Malcolm

I guess in hindsight you should always have a trendline break if you have a nice retrace between the point 1 and point 2B... I have never considered it before so I guess I have been lucky. I do prefer to see a healthy retrace before a 2B set-up ...

How to use the 123 strategy effectively

I will respond but from my point of view only... others can offer their imput as well. I checked the link that Paulus posted and in the main 2 images it doesn't mention the need for a treanline break so I am not even sure if that is a specific ...

How to use the 123 strategy effectively

1. I use the Hull and PAL and at this point we were well under both and the hull was red. 2. I still saw weakness with no strength yet confirmed. That bar to me looks like a possible SO and we do get an upbar next but then we never get an entry ...

vsa with Malcolm

Today's pattern trades... — I have taken 1, 123 and 2, 2B set-ups per attached. Wasn't able to get in on any pattern trades on EURUSD or GBPUSD... man that GBPUSD pair just tanked today...

How to use the 123 strategy effectively

EURUSD long — Entered this trade after what appeared to be demand entering / stopping volume followed by 2 upbars and then a NS. Took 1 lot for 1:1. It was a little riskier since we hadn't closed back over the hull and it was still red.

vsa with Malcolm

Look back at the charts posted and it should be become apparent. If after taking the time to look at the charts even just on the last 30 or so pages you still have questions then feel free to ask.

How to use the 123 strategy effectively

GBPUSD short — I entered this trade 1:15mins before LO. Saw weakness in the BG and a nice ND with low at 5984. Entered with SL at that shared high of 6012. I opened 3 lots with my first TP at 1:1 for +28 pips and moved the other 2 to BE (had ...

vsa with Malcolm

Take a look at this 15min chart... Basically they are a failed 123 set-up. The example shows per Paulus method. There was an upmove to the left so we looked for a short 123, it failed we grabbed a 2B and started to look for another 123 short which ...

How to use the 123 strategy effectively

Not sure what to make of it... crazy Asian PA. Waiting to see where we stand at LO.

vsa with Malcolm

Well we got a close up over that 3672 level which provided the highest 1hr close yesterday... but it is so early in the day... We have already moved 33% of the ADR. What will London and NY do with this move?

vsa with Malcolm

EURUSD — The last 7 hours we have been inside the Low to Close portion of the WRB. Right now a break out of this zone is needed for PA to make any signifcant moves. A close below 3630 and I will be looking for a short set-up. A close above ...

vsa with Malcolm

Yes the volume today has been low even on the highest volume bars... Looks like we could be seeing some accumulation on the 15min with what could turn out to be a rounded bottom (still way to ealry to tell) and a lower volume test bar / NS?? of ...

vsa with Malcolm

USDCHF short — My one and only trade today using 123... sorry for the late post but work has been very busy today.

How to use the 123 strategy effectively

There was some definate supply that entered at the daily R1 level (Around 3680)... You can see the supply entering on the last 2 1hr upbars and the last 2 hourly candles look bearish but the volume has been extremely low today so who knows where ...

vsa with Malcolm

It didn't drop as much as I thought it might... I saw 3500 - 3475 but it seems to have been stopped for the time being at 3440... I had a long in place also (still do) but I also grabbed 50 pips on the way down.

vsa with Malcolm

Thanks...

vsa with Malcolm