Don't know if it was already answered but allow me to give my input on that. Gavin uses all three, as he states on his 1st book. In my case, I do a bit of discretionary work on it like below: 1. if the bar has big wicks(above or below), I mark the ...

Great lesson! At least for me, it was. Thanks.

Seems really good but it is very expensive. US$795... well, I think it is worth the value anyways.

I color coded a volume indicator version for MT4 that follows Gail Mercer's one, as in an article I posted some days ago. The source code is also here so you can have a look, change it if you want, etc. Very simple. Cheers!

Interesting. The volume diminishes in both sides of the wedge. Best is to wait the breakout and see a test with low volume. Or a false breakout. Let's them show their hands!

About futures volume, I just found this one too: url The software is free and connected real time with a maximum delay of 3secs(you can choose from a couple of options). Just following PipSingh's post about ClusterDelta, made some google on the ...

Do you know where it takes the data from? I ask it because, generally, futures data is charged because the exchange charges it.

In my case, I use mostly the 1hr and 15min chart to get information to plan my trades. Then, I go to the daily and 4hr charts to have a better view of the "bigger picture". And I execute from the 5 or 1min charts. About the amount of pips, it really ...

My comments about the "doomed test" was terrible! sorry for that! But, the spring worked out nicely! image IEB will have a nice sleep night!

Yeap, I am also watching it. Now, it seems we had a potential spring at 131.64.

Another observation on EJ. 15min chart. image

Good idea wait for the long. The better place to think about longs, as I see it, are back below into the demand area or after it breaks that last supply area. If it breaks up, then wait for a test of the old highs(hopefully it will get us one!

It reached your target... but today only! And just commenting a bit on your trade, the short was valid for a scalp because as was pointed out, there is SOS in the background. Another case for your short would've the the UT the price made when ...

Cable is on drugs today! image It is what happens when central bank guys open their mouth....

I see. Actually I thought the close to be the standard but its nice to hear from you that high/low are used instead. It makes sense, as it captures the whole price move. Will have a look on it. Thanks!

I agree with the weakness. Here is a 1hr chart: image We have a good supply area but, at the same time, some buying in the bottom. So, the key area is really 2950 to the down side. Now, EU is testing the highs of the last range(1.3000 again). I ...

KS, you use the high/low to create your PnF chart, right? Do you see advantages on it instead to use the close? Or, any disadvantages using the close? Thanks!

Here is a daily eurusd. It is a very well defined range, with 2 springs(the black boxes), what allows us to make a clear trading plan. If the pair keeps above 1.2950, then a rise up 3200 is in view. If not, a test of 2750(the 1st spring) is in place ...

SD, IEB, you guys are killing it! Got short in EJ and AJ, since today's morning. It was a pain in the a** but, finally, paid off with a quick move down after CHF news. Thanks for the heads up!

It is a normal feeling that every traders has. We have to learn to rely on our ability to read the markets and know that vsa is the best tool out there. Then, build the confidence to put the trades. Not simple but is the only way to make money in ...