You out there, A/J is trying to break the DPP and a real nice 4 hr Inside Top trade setting up.
Jim
Jim
VSA-divergence trading 187 replies
How to Blow $200 account using VSA--- 594 replies
VSA Journal 57 replies
VSA broker history change datas 11 replies
DislikedYou out there, A/J is trying to break the DPP and a real nice 4 hr Inside Top trade setting up.
JimIgnored
DislikedMal:
How many POCs do you keep in the chart for SR analysis?
When do you consider a POC is not useful any more (price penetrates it, or price find support/resistance in it, etc)
thanksIgnored
DislikedHi Malcom et al.
Lastly, while these daily trend channels are great for larger swings, should I also be considering trends channels based on shorter timeframes such as H1 or M30 given I'm trading using the M15/30 charts?
One last question, completely unrelated, but Monday sept. 6 is a holiday in North America. I assume however looking at the news releases for the 6th that the Asian and London sessions will be open on the 6th?
Many thanks in advance!
-tgIgnored
Dislikedsold and why ?
very subtle .....1,0524 is resis on 4 hr , bear flag , wide spread up bar hit with subtle selling and NO vol on up move ....
lets see if this plays out or not. I did not really see a ton of buy interest even though ucsdcad has move up slightly. I see this as flag for now , in fact using vsa in a flag situation like this we should be looking for no demand , buying climax or ut to enter a sell for break of flag
AttachmentIgnored
DislikedHi Petar,
It's one of your posts I would like to get some more details for.
Could you please share your thoughts on what exactly made you think it was a bearish setup?
How did you know the 1.5400 SL was going to be violated? To me it appeared that there were multiple stopping vols and climactic action on down bars - all suggesting strength coming in around 1.5400.
Regards
hsaIgnored
DislikedHi hsa013,
That setup was based on Trendline+High Volume,if you see on my picture we got a High Volume(red) on Trendline and i just waited price below MA to open trade with small risk.I usualy work Volume+Sup-Res zone i created.
You will see now >
Look the USDJPY now,we have stoping Volume 4 days ago but i wait price above my RES zone to confirm that stoping volume that is how i work...Volume help me to detemrinate good swings and than i just wait price action to open trade
Cheers
PetarIgnored