Im thinking potential SOS with next bar up confirming? Also a low volume retracement back into the area of high volume. So could be a SOS 6 maybe?

vsa with Malcolm

Nice one mate, thanks for the detailed explanation.

FTMO - For serious traders

Thats a good question about VZA mate, im glad you asked. The initial appeal of VZA is that I felt that it had some similarities to how I was trading before (using SD zones/order blocks) Just before Malcolm popped back I was using a combination of ...

vsa with Malcolm

Hi Pipmaster This is an interesting post, can I ask how you calculated from $800 to $361,044? In comparison to 5%ers. I.E what sort of compounding and risk variation on each account used, and time taken etc Cheers

FTMO - For serious traders

Yeah makes sense mate, im trying to discount some if the things that stop me taking trades so I can justify my time on the charts. From the example I used about about the other trading group im thinking potentially "ignorance is bliss" if that makes ...

vsa with Malcolm

Sorry guys I wasnt able to edit this post to add a correction so will just do it here. Tom also says a test can close in the middle aswell, so I miss quoted in the first post.

vsa with Malcolm

Yeah thats what im thinking aswell. Adr is going in the back burner for a while I think.

vsa with Malcolm

This one is slighly off-topic perhaps. How much attention do you guys pay to the daily range and does it affect whether you would take a setup or not? Ive noticed quite a few entries throughout the week that ive not taken, mainly due to do measuring ...

vsa with Malcolm

Interesting that you talk about low volume bars aftee hours/late session as this is something ive had in the back of my mind for a while. Usually at around 4.00pm UK time I switch off the screens because my thinking is that im going to see low ...

vsa with Malcolm

Ahh I think I get you now mate, so by narrow spread you were referring to the candle body, I thought you were meaning the whole range. So if it was a HLC bar it would be closing in the middle which maybe isnt a test as you say as Tom defines it as ...

vsa with Malcolm

Your probably right mate, my understanding of "test" bars is probably slightly unclear. Previously my understanding was as you describe, but after seeing some of Malcolms entry bars (sometimes wide-ish spread pin-bars) ive been a bit more flexible ...

vsa with Malcolm

All we can do is face the fact that nothing will be perfect. From what ive seen with MFF & FTMO they seem pretty good so if your going to pick a firm, why wouldnt you choose them? And if you wouldnt choose them.....then what alternative is there? ...

Prop Firm Hub

GBPUSD-M15 OR breakout to the upside, Low Volume retracement, entry at the high of the squat bar. ATR/MA alignment from H1 down. Update: Pulled out after it went stagnant.

vsa with Malcolm

Possibly, I was watching the indices at us open and there wasnt as much movement as usual so that explains it. Some volume did come in at nyse open though but again, not as usual.

vsa with Malcolm

If im honest ive never even thought about the bonuses, making it to the target is good enough for me.

Prop Firm Hub

Ahh so thats what it was. Remembrance day, I keep getting caught out with holidays

vsa with Malcolm

To me thats like spending months of study to crack a safe holding 10 million dollars, but then walking away with only a 10 grand stack, why? "Because 10 grand fits in my jacket pocket and I can get away quicker"

Prop Firm Hub

I was just assuming that they would make about double I.E 10% instead of 5% like in Jotas example, ......but to make an extra 95k ontop of their 5k! That would be impressive and I could understand the incentive. Thing is though is (or was) it really ...

Prop Firm Hub

What I dont get is, if a trader can pass phase 1 and 2, then why dont they use full risk on their phase 3 and get a proper full profit split payout, rather than using micro lots to just get a small bonus? So all that messing about just to make $400, ...

Prop Firm Hub

Thats what Im thinking aswell. I took GJ instead though, I ploughed in a bit early without waiting for allignment so slighly more risky. Buy Stop waiting on Dow. Update: Closed out GJ for a half loss, was a risky play anyway so taken on the chin.

vsa with Malcolm