When a market trends nicely like this, I use this wall idea (which is basically support for longs and resistance for shorts - its where the big boys have their orders stacked up waiting to be triggered), by entering as price reverses back to those ...

Exceptional day, will it continue ?

I don't know the percentage of what type of trading vehicules use the forex for transactions but my guess is that the bulk of it is speculation namely the large financial institutions. Companies would not do well to trade in such a way that their ...

Giving Up

This is exactly the right approach IMO. The markets are about demand and supply, this is basic economics why should it be any different to the forex markets!? Demand = Support and Supply = Resistance. Understanding this and using multiple time ...

Giving Up

SR — Hi Dan, Go to BRV's No Brainer Trades... thread on FF (also look for posts by Ironman), BRV has a very good blog site also with videos and also Clockwork's silent service method (also has a blog site with video and audio content). This is ...

Exceptional day, will it continue ?

Yep I am with you on this. There is no other way. Indicators lag and with lag means greater risk and lower probability trade setups. An indicator to scan charts for a set-up that is based on non lagging techiniques -nothing wrong with that.

Exceptional day, will it continue ?

Jimmy, I have been there and you'll soon realise that most, if not 95% (now there's a familiar figure!) of all trading books and forex courses are an absolute load of bull crap. Humans have a fantastic tendency to complicate things and reinvent the ...

Giving Up

I second that. You really do need to step back and ask yourself some questions: are you following your trading plan? If not why not? Are you recording your trades their setups and conditions? How could your entries/exits be improved? Are you trading ...

Giving Up

ok, I am trying to guess what the set-up is judging by what you said in the first post about price action based trading (no indicators - which is the only way to trade IMHO). I would have said Pivot levels given the lines on the chart or possibly SR ...

Exceptional day, will it continue ?

impressive — Hi Mike, how did it perform on gbpusd on 8th July? Any chance you could explain the set up it scans for on each time frame? Thanks

Exceptional day, will it continue ?

It looks fascinating. Look forward to seeing it.

Exceptional day, will it continue ?

The queen. Broke! Unfortunately, she continually rakes in enough British tax payers money every year to fund her and her clans' lavish lifestyle. We need a July the 4th in the UK. Down with the monarchy!

Silent Service Method

Article — Helpful article about trading SR areas and how to judge them. Basic but effective and describes the type of candle formation that have a high probability of success at reversal points.

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Acumen, I am surpised you favour a mechanical approach here because your pivots and psych levels method is partly discretionary, utilising a set of tools depending on market conditions, wouldn't you say?

Trading for a Living - Cliff Notes

Present from VSA traders — Hi all, please find attached breakout indicator. All thanks go to Wall and Grath found in the VSA thread Cheers Porkpie

1 trade a day

back to basics — slowly going through this excellent thread to reactivate essential chart reading knowledge that has got a bit lost under a heap of nonsense this last year or so. Great posts and enthusiasm from EV and Islander and others. So ...

Psych Levels, Pivots, and Trendlines - Resurrected

yep — Good visuals, keep them coming Yups

VSA Journal

Why isn't this thread still alive! I liked what you had to say here. However, Kathy and Boris once did a signal service which was terrible, more wrong than right. Kathy may write about TA but not sure she actually trades (Like many other FX 'Gurus' ...

Application of Volume in Forex

Why spend 3K euros on a bit of software for information that you can get for free off MT4. You don't need all those bells and whistles. Use your 3K for tuition fees in learning to trade a small live account. Came across this short Thread by Denbur: ...

Trade Using VSA (Volume Spread Analysis)

whats the story..? — Good point, of course not. When looking at price we are looking at the spread and the general action of price over a period of time alongside SR levels. When looking at volume we are looking at its size relative to past ...

Trade Using VSA (Volume Spread Analysis)

Hi All, Would someone be so kind as to provide the MT4 indicator visual for this strategy (yep, I'm too lazy to calculate these levels myself...but purely for back testing..). I downloaded a couple from the links section but nothing appeared on the ...

1 trade a day