EURUSD 4hr — Look like some definate buying on this last 4hr candle... highest volume 4hr bar since back before Christmas... early December actually. Looks like we are still seeing some EUR strength IMHO.

vsa with Malcolm

Yes and the last 1hr stopped well off it's lows on the high volume. Have to keep an eye on that trigger level at the close of that wide range, ultra high volume bar... 3446 on my broker which is coincidentally enough right around the same level as ...

vsa with Malcolm

That makes perfect sense... thanks for the simple explanation.

vsa with Malcolm

Last weeks high seems to have kept the last downmove at bay again. Not one hourly candle has closed below it (well since we broke above it).

vsa with Malcolm

OK I see... yes I have seen that indicator but have never tried using it. Is POC a VSA term? For some reason I don't recall coming accross it in my reading. Is this POC something you use in trading and if so how? Sorry for all the questions as I am ...

vsa with Malcolm

What is POC?

vsa with Malcolm

Yes I see now that you buy into membership levels of the VSA club and either get what is called an end of day software (whatever that means) with one, a tradeguider plugin for other platforms with the other and with the highest level you get the ...

vsa with Malcolm

And do you use Tradeguider volume or do you have the eSignal feed into it?

vsa with Malcolm

GBPUSD short... — Took my long trade from ealier in reverse for 32 pips back down. Second black dotted line we made a higher high than the first black dotted line but on lower volume showing little interest to the upside... the bar didn't ...

vsa with Malcolm

GBPUSD 15min long... — I took this long back up to the trigger level (first black dotted line). The range on this bar isn't huge but it has the highest volume on my 15 min chart today. Would this be considered and effort to rise with no reult? ...

vsa with Malcolm

EURUSD long — My one and only trade for the day as I didn't get up at LO... Took this one right before I went to bed last night.

How to use the 123 strategy effectively

The one thing that would have kept me out of this trade set-up is that most of the downmove that fomed 1-2 was made with such a large spread 5 min candle. I don't like seeing such odd looking candles in the patterns. If one candle really stands out ...

How to use the 123 strategy effectively

I assume the trigger number is from yesterday's 4hr highest volume bar close? Do you offer any advice on how you use these trigger #'s? How you set up longer timeframe based trades, set targets etc... I work full time and being able to make some ...

vsa with Malcolm

EURUSD long — In and out for a quick 28 pips (14 pips risked).

vsa with Malcolm

I upadted my post to add my thoughts on the downbar being a test of a high volume level from 12.8.2010... so I am back on the fence for any longterm trades until I see a nice break one way or the other. Back to intraday for now...

vsa with Malcolm

Yes sorry system was a bad choice of words... That lower volume down bar is NS by volume basis but it closed in the bottom quater of the spread so it became a little more suspect as to whether it truly was NS. Yes today's close will be important to ...

vsa with Malcolm

Possible EURUSD weakness on daily??? — Am I completly off base with all the weakness I am seeing on the EURUSD daily? Is VSA still an acurate system when reviewing daily charts. Another close below that old trigger level from Nov 23rd bar ...

vsa with Malcolm

Anytime... Best of luck.

How to use the 123 strategy effectively

Another VSA newbie question... — I have read many times that the market does not like high volume, high range up bars... what about downbars?

vsa with Malcolm

Very true.

How to use the 123 strategy effectively