On the move so I'm using my phone chartos later if I take anything
Nice pres
Nice pres
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DislikedI do not know if may be of anyone interest but here it is a chart on EU/USD 5' where a nice Accumulation Phase could be clearly seen.
BB were entering the market to absorb floating supply previous to Bernanke's news. And using the news to fake a down movement to a PS area with a nice SO and then boom!!!
I like to use the Wyckoff wave concept as an estructure to then find the best spots with VSA.
I would call PS (Preliminary Support), SC (Selling Climax), AR (Auto Rally), PSY (Preliminary Supply), ST (Secondary Test), UT (Up Trust) and SO (Shake...Ignored
DislikedIf price gets above .3380 time to lick my wounds and get out.......... That would be above the Up Thrust.Ignored
DislikedIf price gets above .3380 time to lick my wounds and get out.......... That would be above the Up Thrust.Ignored
Dislikedlooks like you're safe. take a look at m30 zoomed out. it's going to take a lot to take out resistance waaay to the left, with the 2 tops/incoming supply bars to the immediate left.Ignored
DislikedFailed Trade i prob shouldn't have taken. But failed trade is a trade worth looking still.
First x marks what i saw was support.
Second X marks a no supply bar which in retrospect i think could of valid.
Anyone wanna mark it up and let me know what went wrong?I know supply was present but like i said i saw support.Ignored