Hi Tea_trader, How about this? It's called currency strength meter, uses MT4 feed. It is a free software, and I hope it is not considered advertising posting its link. You can grab it here. hsa

I was thinking about news releases in general. If you take a look at any chart, you can't really tell which candle belongs to news releases (apart from NFP or interest rate changes etc, they leave a pretty obvious footprint). But the point is: they ...

yeah, the smart money always knows which side to play. it's not an accident that they bought heavily before the news... easy money!

We haven't had many important news in the first half of the week so it seems even medium impact news releases have such a crazy effect on the market. (Tomorrow and Friday will be loaded with news, though.)

I was thinking a lot about today's EU move from trading psychology point of view. One of the most important rules I missed this whole damn week was: Trade what you see not what you think. I thought EU was going to come down. All the way up, between ...

Could you help me out then, what is it? thanks

EU strength — I think EU background was full of strength before news. Multiple Stopping Vols and low vol tests all around. (Especially that huge Stopping Volume bar in the morning) See my interpretation.

Malcolm, May I ask what were your entries on these stopping volume setups? Right after you saw the stopping vol bar you bought? I was trading these too but I thought they were risky trades. Price was neither above Hull nor the Hull was green - not ...

Another beautiful example. I watched swissy futures and took the trade on USDCHF. (I know it's dropping further at the moment but I reached my daily target and didn't want to spend more time with it) Looking at VSA setups on futures is just SO MUCH ...

This is a textbook example VSA setup. I like what I saw today morning, so I didn't hesitate and pressed buy. The images speak for themselves.

Malcolm, as you're constantly monitoring futures do you also watch open interest (eg. on Daily) or you do not consider it an important factor? See attached charts, it seems it might reinforce the facts what we see in VSA? Pity I can't see changes on ...

Is it just the scaling of different charts or is it really easier to spot VSA setups on futures? All significant points (two stopping vols + test) are staring right at your face, rather than having to guesstimate from mt4 vol...

Intel, I see what you mean, thanks. It takes a lot of experience to differentiate these big moves from small ones. Whether it'll end up in a range or fold out in a nice trend. Anyway, I've already learnt a lot from you guys and won't give up!

Sorry Intel could you please elaborate on this particular sentence? What exactly did you mean? Many thanks

I agree with that, although it helps keeping some discipline... or it might not? That is what I've been beginning to think in the last couple of weeks. I might have to update my rules a bit. Say I sold and strength clearly came in (even if I was ...

Porkpie, Thanks for your comment too. The R/R was worth it in my view. I'm not yet an expert who can foresee 50-100pip moves so 1/1 is fine with me. I generally go for 20-30 pips. Obviously I'd like to improve on this 1/1 but it's still better than ...

Many thanks for your response Intel and HG. Generally what I thought was in line with your comments. Too much strength entered in the background - although volumes are tricky right before TO - I thought no selling pressure, better not to sell. Turns ...

I'm posting mistakes rather than successful trades because I can learn more of those Yesterday evening I was about to sell into a classic ND situation but something stopped me - although it would've been a good decision in hindsight. See attached ...

Hello trade2live, No, I missed it, sorry... here you go. Two versions, one with HLC bars + the other with candlesticks. I like the HLC more nowadays. (The bottom indi window is just for Fx market hours)

Hi again Petar, Sorry, I need more details about your trading decisions Basically what you're saying is that if there is ultra-high volume whilst piercing a TL that means it will likely to reverse soon, is that assumption correct? In this case ...