if that were sellers on the second attempt to break the low, why was there no follow thru. instead looks like the volume right before price shot up was buyers
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
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DislikedHaha Chicky, I'm working on that. You think this is weird? Wait til you see what the Daily and Weekly TF's are starting to look like..Ignored
DislikedI caught the 1.4010-1.4060 ride.
Now I'll follow Gator: short @ 1.4052Ignored
DislikedI agree shorts are good here. I still have have some big open sells from 4140, but I took another short here. Bulls are going to remain oppressed.Ignored
DislikedI am new to forex and thus need a little clarification.
When you say "at 60 short" do you mean as soon as it touches 60 or it must close above 60? If it must close above 60, on what time frame?
Thanks.Ignored
Dislikedi had a short entry trigger at 60 .. my broker mb went to 60. meta only got 59... since your new go to baby pips and study..Ignored
Dislikedvolume came in when the low of the day was printed on three attempts to break lower. now there was a low volume test right before asia opens and volume picked up right away as soon as the day`s low was tested. i entered on the 5min bullish hammer just before asia opened
if that were sellers on the second attempt to break the low, why was there no follow thru. instead looks like the volume right before price shot up was buyersIgnored
DislikedJust watch the stock exchange indexes and Gator numbers. They rule the EURUSD nowadays.Ignored
DislikedSteve, I think this technique will work great on bigger timeframes, especially weekly becuause of lesser noise. Then you can fine tune for daily and 4h.Ignored
Dislikedjust lol @ people waiting to be spoonfed trading decisions without even trying to do their own analysis. not saying that gator`s numbers are not spot on at all but thats the quickest way to the poorhouseIgnored
DislikedThanks, djam. I have been trying to use the VSA principles trading futures. Still don't use the tick volume for spot forex, though. Typical "market strength shown on a down bar" scenario, right?....except I get thrown off when the down bar or candle shows very high volume....sometimes this is harder to interpret...Ignored
DislikedI caught the 1.4010-1.4060 ride.
Now I'll follow Gator: short @ 1.4052Ignored
DislikedSpoonfed??? Actually breastfed is better!!! Ha...ha...ha.....
But seriously... nothing beats learning by doing it. That is why when you were in school (if you have ever been), they made you do experiments and carry out projects.Ignored
Dislikedbe careful im just scalping.. tp 48.. on my 2nd trip.. if it goes higher i enter at 50% retrace alsoIgnored
Dislikedbe careful im just scalping.. tp 48.. on my 2nd trip.. if it goes higher i enter at 50% retrace alsoIgnored
DislikedGlad you had a big day. You contribute a lot. I don't know about your "drop like a rock". I'm pretty uncertain about direction, but I know that lately I've moved my higher TL (from 7/13/08 - 6035) up and my lower TL (from 4/22/09 - 2885) down. Just when I thought the triangle/range was tightening, it's expanded.
Playing it day to day and taking the pips as my D1, H4, H1, M15 and THV M1 (for entry permission) allow.
If I've got my Andrews drawn correctly on my D1, we could be headed back up, since it's just bounced off median line.
All this,...Ignored