gbpusd gartley 4H — image price slightly exceeded the AB=CD. The initial bullish volume that pushed price above B and made us hold off on the trade is now waning (though it is Friday afternoon vols) so better R:R now. Daily double top ...

trading forex using Gartley Patterns

eurusd — first trade entry marked off... prior support in background second potential trade however it's friday so will cxl it if not triggered in next few hours...and start again at FFO... positives for the trade (if it wasn't friday night) ...

How to use the 123 strategy effectively

the week has been ok....will be better if audusd can get to 1.0080 before the day finishes (15M) set up potential set-ups on gbpusd and nzdusd (both 15M) if you're trading 5M charts then thats sensible...you will probably get better quality set ups ...

How to use the 123 strategy effectively

thanks Mal, if you're talking about the 2 red bars in the grey box then that's how I understand it as well... maybe it was a typo and should have been 'low' instead of high? "1. The first bar will close on or near its high."

vsa with Malcolm

simple, a) its not Paulus's thread, it was set-up by someone else (who has subsequently vanished) there are a number on contributers with different methods that have been shown on how to trade this simple set-up. Paulus has been kind enough to show ...

How to use the 123 strategy effectively

sorry i don't follow, if 3. is true how does it fit with 2. ? The second bar can't close higher than the high of the first bar if it can't make a higher high... feeling a bit dumb asking this...maybe i need a MACD to comfort me...

vsa with Malcolm

gbpusd — 5m ND?

vsa with Malcolm

sitting on my hands is cheaper...i have an abcd at 1.0088 so happy for it to crack higher if it can

vsa with Malcolm

cadjpy ABCD — image 3 attempts at the top

trading forex using Gartley Patterns

sorry it's not eurusd i have UT's and confirmation bar on audusd and nzdusd 30m, just waiting for ND to appear...not sure if this bar, it's trying to get higher but vol may end up a bit too high

vsa with Malcolm

hope you're right...had a ND entry on 15 mins for me this is part of a greater AB=CD pattern so was already looking for an entry point, and now looking for a 4H ND to help confirm the position, the 1H failed test is a concern. The (hopefully ...

vsa with Malcolm

usdjpy gartley — image not the best confluence, daily trendline resistance being tested as well

trading forex using Gartley Patterns

another great post, and trade set-up called, please keep them coming...extremely informative and precise

vsa with Malcolm

and once you have done a few thousand then you'll be able to find what does and doesn't work for you....and make your it your own version... until then , good luck in your appreciation of the various methods, and your understanding of what makes the ...

How to use the 123 strategy effectively

it was a double top.... valid set-up, doesn't matter what triggers it....

How to use the 123 strategy effectively

well done, you've now proved to yourself the pointlessness of range bars or volume without respect to what has happened to price bars in the past and current...suggest you study MTM and not just read it...

vsa with Malcolm

i think it's already been pointed out to you the pointlessness of range bars in VSA....unless you want to develop a VRA methodology...market profile is also used by people for key volume points

vsa with Malcolm

yes, thats why you break it down to 15m or 5m (or whatever so you can see what area had the volume....if it came in at the top then that's resistance that needs to be overcome, if it comes in at the bottom then you're looking for a no supply bar to ...

vsa with Malcolm

need to see vol increase, and closes off the lows as it tests lower

vsa with Malcolm

gbpjpy 1H — longer time frame and double top confirmation

How to use the 123 strategy effectively