I think someone is confusing smart money with smart hedge fund. I don't think someone moves price on their own very easily but if we look at price movement it catches stops, locks in weak traders, shakes them out, and there's definitely ...

vsa with Malcolm

EU did not close below the range lol Okay, going to sleep now, back next week.

vsa with Malcolm

Ha! Looks like I was completely wrong about today Also should have held my short... Well, there's always next week and next year Have a great weekend everybody!

vsa with Malcolm

Awesome! Did you short the UT?

vsa with Malcolm

Daily range for EU working out so far. But I don't like the upthrust from before. I don't think the range will be broken today and skeptical about next week as it will be shorter and holidays and stuff. Although there are a number of "red" news ...

vsa with Malcolm

Oh my god, support is holding and price is at resistance. Let's see if that holds. I hate price action today for some reason.

vsa with Malcolm

So far I wouldn't go short or long. Shorting looks better though. One saving thing for longs is that price has yet to break support. On the other hand, it failed to break resistance. On daily there's an upthrust type bar so that's another thing to ...

vsa with Malcolm

Assuming that's about EU then yeah, supply hit but we have not broken support yet and down bars closing in the middle or high. Waiting for this bar to close on the high for a possible long. Also would be wise to mark the upthrust bar as resistance.

vsa with Malcolm

Wondering if EU is forming a range. That's one huge daily bar for a Monday. Don't know if daily volume is trustworthy, but it's a bit low for this spread. A few hours to go until close but still.

vsa with Malcolm

After a bit of a scare EU working out as planned. Half hour left until bar close but so far so good. I'll be looking at tests (on reduced volume preferably) at various support levels if it closes on the highs. Anyway, chart attached.

vsa with Malcolm

It's either upcoming holidays or something else but I'm so lazy today. Turned on EU 15min. and was like ugh... breakout... high volume... ugh... maybe a test of breakout after... and decided to stick to 4 hour charts Won't be trading anyways ...

vsa with Malcolm

Reproducing any programming would require a lot of knowledge about that particular algorithm and those that programmed it would be sued to death if they leaked anything. Anyway, we should be glad there's a price pattern because it makes trading ...

vsa with Malcolm

I was looking at your trade and did not understand the entry. It was right at support and the bar closed off its lows and in my view did not break support. If you were watching the trade then the next two bars were a huge hint of the trade not ...

vsa with Malcolm

Wow EU was quite annoying today. Waited all day for it to go down (well most of the day) and it kept going up and kept hitting 1.338. Did not close above but did not get an entry for short that I wanted. Then had other stuff to do and bam it goes ...

vsa with Malcolm

Trading with the trend will provide high probability trades. Whether you use a moving average or your eyes to determine the trend is up to you. In the end it is YOUR decision to make about YOUR trades. Everyone has a level of risk they are ...

vsa with Malcolm

EU. Tried to explain my thought process (not that it's anything amazing). Although this is my most hated 30min. chart, I saw some pretty nice price action going on. I know there isn't anything about volume marked, but there was nothing unusual about ...

vsa with Malcolm

Will be interesting to see if EU can go higher. Mondays are often opposite of how the week unfolds and are good for tests and such. Anyway, soon we'll see what's what.

vsa with Malcolm

Ahh, so they just market it as something else. They keep saying it's more than a moving average.

vsa with Malcolm

Definitely a possibility. But I want to see what price does first.

vsa with Malcolm

But notice how price managed to close near the highs on high volume. It erased all the selling for that period and managed to close higher. And large traders did not increase their interest to the downside. Now, I can't say this is the reversal ...

vsa with Malcolm