Don't think you did anything wrong. Just there wasn't enough force to break through. And my stop would be below the climactic bar. And volume after no supply was quite low. I had a similar trade but chickened out as the entry was 10 pip higher than ...

vsa with Malcolm

Just did a bar by bar (well every 2 bars or so) analysis and wrote down what I saw while it was unfolding. Pretty straightforward. I think without having in mind supply/demand areas you could see a lot of climactic action and make some wrong ...

vsa with Malcolm

Yes, I do exit if the trade goes nowhere. But today I did not see any indication of supply overcoming demand. In fact, I saw the opposite. That's why I'm still holding. And there we go, resistance broken on higher volume on 5 min. Now to see if it ...

vsa with Malcolm

GU has been bashing resistance at around 1.5525. So far on lower volume. There is also an ascending triangle formation if that means anything. I went long right at the top (sleeping earlier), but still holding. Waiting for US session.

vsa with Malcolm

Or you can draw these lines.

vsa with Malcolm

Thank you all for the explanations! Definitely helped a lot!

vsa with Malcolm

Didn't take the trade, brain not working. I noticed that quite often big(er) moves have such a setup like in the picture. High volume fades on some micro move and then there's an even lower volume up/down narrow spread bar in the direction the move ...

vsa with Malcolm

Was long both EU and GU earlier right after the down moves, but got stopped out. SL was too tight (needed 1 pip more on EU and 10 more on GU) and now, frustratingly, have to wait. EU reaching old resistance, gonna look for a break on high volume and ...

vsa with Malcolm

I'm best at after-the-fact analysis myself

vsa with Malcolm

Based on 15 min. price went down on lower volume, also a pin bar near support with the next bar/candle being up. I'm wary now, because volume is still low. Maybe we'll see another test for supply.

vsa with Malcolm

Went long EU. Though not too sure about that. I hate mondays

vsa with Malcolm

Don't know what I was thinking yesterday. Went through the charts and I was clearly wrong... Should have stuck around longer. Malcolm's entry was excellent. Right, let's see what happens today. EU is ping ponging between up and down bars on 15 mins. ...

vsa with Malcolm

Bad day for me. -40 pips. Looks like sellers are winning in London session. How's everyone else doing?

vsa with Malcolm

The way I see it GU now has stopping volume. We'll see if that was enough for a move up. As for EU, it's at resistance from last week. Would hate to see my beautiful line broken. I'm looking for higher closes to go long. Update: GU seems to be in ...

vsa with Malcolm

Although I don't see a really valid reason to exit, I'm out with 30 pips. Upthrust alone isn't really a reason to exit. For me there has to be a down bar after it. My TP was hit, so that was the reason for me. No need to get too greedy before major ...

vsa with Malcolm

Looking at today, it was pretty clear. Just look at the thicker red line and the marked down candle. Support held perfectly. Plus, the down candle closed in the middle, clearly showing there was still buying interest (demand). That would be enough ...

vsa with Malcolm

If we won't see a miracle in 20 mins. the 1H EU chart is showing a clear reversal to all the buying. So far the price is dancing around the same resistance, so we'll see how it goes. Damn, the 1H bar closed exactly in the middle

vsa with Malcolm

A little sloppy today. Failed to act on stopping volume (green). Then EU blasted through resistance and now is sort of testing previous area of resistance (now support) after an upthrust (red). Overall EU is being stubborn today.

vsa with Malcolm

Ooooh, nice one with the weekly. Missed that one. I'd like for euro to retrace to 1.38-40 just to see if the "euro is doomed" guys change their opinion

vsa with Malcolm

Again, annoying price action. I took a whopping 1 pip profit from EU. There is still some buying going on, but fails to close above the "selling" (down) bar. Too messy for me to feel comfortable. We literally have down, up, down, up and so on 1 hour ...

vsa with Malcolm