DislikedDear Intel,
Thanks.
At the risk of asking another stupid question, how does one determine that a move is done? Appreciate your comments.
Regards,
Moe.Ignored
My 2 cents
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
DislikedDear Intel,
Thanks.
At the risk of asking another stupid question, how does one determine that a move is done? Appreciate your comments.
Regards,
Moe.Ignored
DislikedWhen you see stopping vl, volatility drying down or potential opposite set-up
My 2 centsIgnored
DislikedThats right. You'll see signs of strength coming into the market. At that point, the market may not go up but, it probably wont go down much more either. So the percentage play is to get out.
I see I forgot to post the entry chart, sorry folksIgnored
DislikedI hope everyone had a relaxing weekend and is ready for another exciting week.
So right off the bat Sunday afternoon I see a great opportunity in the USDCHF. I took a trade last week in this pair and posted a chart in the forum before we had that major spike coinciding with Japanese intervention. Fast-forward a few days and it looks like we may have another long opporunity. I've attached a chart which I feel clearly shows who is in charge at the moment, Bulls. Supply seems to be gone and demand is putting pressure on price.Ignored
Dislikedno point trying to trade this, volume extremely low, its not moving anywhere. see if NY does anything but i can easily see this going sideways for the rest of today. i hate mondays.Ignored
DislikedAnd to think last monday netted 40 pips! ha
Im still in a short... Leaving it in play. SL is only 18 pips.Ignored
DislikedAnother thing to look at on that chart that is better seen on the 2h chart.
Look at the 2 bars previous to the box you drew. Its a upthrust followed by a high volume downbar, that was effort.
It then went back up.
No result from effort to move down.
But also upside hasn't built a cause today.Ignored
Dislikedupside pressure is decresing,.
http://www.forexfactory.com/attachme...6&d=1300709123Ignored