Disliked{quote} Thanks for your clear answer. It makes sense to wait for the higher timeframe to change and go in line with the higher timeframe. I seem to put more emphasis on the no demand bars rather then look for high activity. The up move was on low volume (referring to the daily). This makes me get interested as I doubt that a bull move can sustain on low volume. Apparently a move up can last longer than you think.Ignored
Please keep in mind thats just how I trade, I am not saying that u cant trade against the trend.. some people that use vsa trade against the trend sucessfully, thats personal but remember: forex is the best trending market for a reason, in the most of the times trend will continue, thats why I trade in synthony with the trend.
About the EURNZD I gotta agree.. there are signals of weakness in the background and prices are declining, looks like distribuition to me