Looks like you got the push up you were hoping for.

vsa with Malcolm

ok

vsa with Malcolm

It's not just the extremes... 50% of the high volume bars also plays and important role many times in trend continuation... Quite often after taking out the H or L you will see them gather additional orders between the H (or L) and 50% (the zone ...

vsa with Malcolm

That isn't a failed test as it wasn't a test bar to begin with. It was a NS at best (which is a SOS in a rising market). In order to be a test it needs to be testing something of value and for sure needs to have made a LL than previous bars to show ...

vsa with Malcolm

The names aren't important... being able to read and see the result of the important bars is what matters most... that will give you the road map and locations where one can watch for opposing signal trades (i.e. ND entries in a market deemed ...

vsa with Malcolm

That is a pretty thorough read of the chart. Nicely done. Keep at it!

vsa with Malcolm

Nice trade on AUDUSD. I am now watching this pair as we are testing back up into the L of the Daily zone from Feb 6th. We have a nice LL, LH structure in place to the left of current PA also so I will wait and see how and if things play out for a ...

vsa with Malcolm

Yes but we are on the wrong side of that UHV Feb 6th Daily zone (we are at the H rather than below 50% or the L) and the ND closed above the H of the Feb 6th zone. From a Daily chart perspective that kept me from even considering that ND bar.

vsa with Malcolm

What I love the most is watching it all unfold as the zones stack and each new H (or L) is tested as the uptrend (or downtrend) forms and builds. I hope you don't mind me borrowing your chart to show what I mean...

vsa with Malcolm

Of course, taking a long trade from the H or 50% of a UHV up bar zone could well be a viable play. When it comes to UHV zones we could be seeing a couple of things... A change in "trend" (I use that term loosely) with a say a down move ending with a ...

vsa with Malcolm

Some support was seen at the H now down testing the 50% level...

vsa with Malcolm

Nearing the H of the EURUSD UHV zone from Jan 31st... should see some support / interested buyers in this area.

vsa with Malcolm

Didn't play out. The overhead sellers were still in control. We hit 50% of today's hourly zone and that capped the upmove. Ah well I still caught a few pips for a nice 2:1 scalp (was hoping for more) off that initial false breakout long I took ...

vsa with Malcolm

For those not already long we are back at a key area on EURUSD... could offer a chance to get in or add on if already long. Now's the time before the final push up before London boys call it a day and take some profit heading into the weekend.

vsa with Malcolm

Step 2 complete. Sellers have dried up where they once were interested no more need to hang around here as no more buy orders will be filled. Once 2244 breaks and holds it'll all be over the for weak sellers who are still hanging on...

vsa with Malcolm

Step 1 complete. Break out traders who shorted the break of the daily low are now trapped as they sold to those of us who wanted to buy. Some of them are even getting stopped out now as I type this post.

vsa with Malcolm

EURUSD looks like it's setting up for a rebound back to the days high. Back at a shared support level.

vsa with Malcolm

When trading a daily chart it is basically the same. When you see a daily bar that is UHV compared to the other daily bars then I fib and then trade it the same as I would an hourly zone. Many times if you dissect say the 1 or 2 highest volume daily ...

Prez Forex (pres78) Trading Journal

Feel free to post questions etc... and when I'm around I'll answer or comment as needed. Keep working hard and never stop learning and it will come. VZA offers a simple road map for where we can find some great low risk entries. Never force trades ...

Prez Forex (pres78) Trading Journal