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Vantage replied Sep 4, 2009You're using a 15 min chart? I'd stop that right away!! Looking at what I think is same time on a 5 min chart. Rules lower high, 5 min close price MUST move on 1 pip for trade. A - is lh where price goes on 1 pip and works. B - is lh close price ...
Higher low, lower high system
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Vantage replied Sep 3, 2009Look at the pivots that are hit and there are 20-30 pip retracements. More than enough for a trailing stop, parabolic etc to get hit. So If your trade may be hit with up to 30 pips and then put you out why not risk getting out at the target price ...
Higher low, lower high system
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Vantage replied Sep 3, 2009VSA link url On exits, ask someone else I have early exits down to a fine art form. Have a look at the avr range of the currency you're dealing with, have a look where you got in on the move and look for reasonable places to exit. If gu range is ...
Higher low, lower high system
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Vantage replied Sep 3, 2009No prob your charts were so small couldn't make out time, I'd also be careful pre news. I use all 3 pivots but I think they become more important at the end of a run as a target. From this gu chart you can see the various areas pa stops has a ...
Higher low, lower high system
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Vantage replied Sep 2, 2009Had a couple of trades today. Lots of upper wicks on 1 hr so we were looking for fall. Had a small trade the lower high sell falling from 6175 shown by the arrow (roughly in middle of 5 min chart), sold 6164. Mrs V spotted the resistance area as ...
Higher low, lower high system
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Vantage replied Sep 2, 2009Hi chiqunk As you've seen I've been there and back with indi's and best results have been trading naked, still like divergence though but so be it, indi's they're all gone. HL/LH's from important levels are great trades, I don't see any pivots, ...
Higher low, lower high system
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Vantage replied Sep 1, 2009Oh and we are trying to stay in trades until close on other side of lwma, unless like the sell where its moved 100+ pips and hits major target then we are happy to exit.
Higher low, lower high system
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Vantage replied Sep 1, 2009Yesterdays main trades. 1st trade. We don't take breakout trades but had buy signal at 6300, this was a hl so we waited for price to settle above 6300. Trade 2, had a sell signal from 6375, this is not a lh but it gave us a heads up and we had a ...
Higher low, lower high system
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Vantage replied Sep 1, 2009OK 6150 did get hit eventually bounced from 6100, round number and W S1 also there.
Higher low, lower high system
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Vantage replied Aug 30, 2009Whilst monthly still has a day to run if we close lower on Monday there could be more downside. The area where we turned is clear enough. Weekly has closed on some previous lows, should we go lower we could try for W's previous lows of around 1.60. ...
Higher low, lower high system
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Vantage replied Aug 27, 2009Follow the 1hr BUT if there is a close within previous range at a proven level of supp/res it can obviously turn there. See gu 1hr yesterday 26th its bouncing off 6312-ish but cannot break above 6346-ish the M M2 which was supp on 25th (res becomes ...
Higher low, lower high system
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Vantage replied Aug 26, 2009They don't signal hl/lh's but they are close enough to get me interested if I'm on phone, making tea etc etc if I get signal thats not a hl/lh I'll wait and consider.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Aug 26, 2009Mrs V absent a little more room to move
, but mainly: As I posted earlier with the daily chart a break below W S1 6312 would see pivot target of 6216. When there were 2 relatively weak bounces from a VERY, VERY (Foo Fighters Learn to Fly ...Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Aug 26, 2009Haven't posted for a while, the red lines show trades taken. In Frankies hour and before we look to bank profits as the runs are often small. I'm trying to let run a little longer after LO. The arrows come from the smc4scalpersignals v1 that is used ...
Higher low, lower high system
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Vantage replied Aug 26, 2009Trades from today, hl's and lh's in and around key levels. I'll post the scm4 scalper that is showing the arrows in the hl, lh thread. I'm NOT using that to trade off but it does give an audible alert and gives some good heads up that a trade may be ...
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Aug 26, 2009Now out at +125 have visitors and I don't want this one pulling back, cheers. Will post later on hl/lh thread. Darn just falling again c'est la vie.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Aug 26, 2009Perfect lh that closed on my W S1, had a small retrace and a shooting star.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Aug 26, 2009Looks like we are going to hit M S1 at 6218, I'm bursting to exit from sells 6312!!
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Aug 26, 2009Sorry mate can't help you there.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Aug 26, 2009If the pip monster Shamus is using Fxpro then thats good enough for me.
Trade Using VSA (Volume Spread Analysis)