Disliked{quote} Is that a shooting star on the Daily chart? Looks like it - would love to see a big range bar on Monday as per that arrow! {image}Ignored
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- #32,463
- Nov 25, 2019 6:11am Nov 25, 2019 6:11am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
There is daily support at 1457 but no sign of a fight yet from the bulls on H4. But bleh they stopped me out BE last Friday my tp was near 1453. 
- #32,465
- Nov 25, 2019 6:15am Nov 25, 2019 6:15am
- Joined Feb 2011 | Status: Trader | 6,018 Posts
There is daily support at 1457 but no sign of a fight yet from the bulls on H4. But bleh they stopped me out BE last Friday my tp was near 1453.
- #32,466
- Nov 25, 2019 6:21am Nov 25, 2019 6:21am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} Yes quite right. I have to say that it is a little worrying for the bears - we've really had a 20 pip range since before FF open. Kinda makes one think we're gonna get a spike!!
- #32,467
- Nov 25, 2019 6:48am Nov 25, 2019 6:48am
- Joined Feb 2011 | Status: Trader | 6,018 Posts
{quote} It's Monday today and low volume see there is a doji on previous H4 but volume is low. But yeah price can bounce a little who knows. Some bounce up is fine I think they are still gonna hit the 1:1 move at 1453 might just be some profit taking.
- #32,468
- Nov 25, 2019 6:57am Nov 25, 2019 6:57am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} Nearly six H4 bars for only 70 pips - warnng sign I think! NY in a few minutes - let's see
- #32,472
- Edited 8:46pm Nov 25, 2019 8:33pm | Edited 8:46pm
- Joined Mar 2013 | Status: Trader | 6,512 Posts
- #32,474
- Nov 26, 2019 3:01am Nov 26, 2019 3:01am
- Joined Feb 2011 | Status: Trader | 6,018 Posts
{quote} This one is now in play. Probably retest of yesterdays high at least. Better if this current H4 bar close above previous H4 bar's high. Probably test of 1460-62 area.
DAX lovely sell trade conditions this morning after FF open but I missed it.
- #32,475
- Edited 3:29am Nov 26, 2019 3:16am | Edited 3:29am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} It bounced nicely off 1460 yesterday - could be a good place to short again DAX lovely sell trade conditions this morning after FF open but I missed it.
Edit: DAX is now at previous days low. Watching this area now for possible buy. But still plenty of sellers. Need for it to calm down some more.
+31 pips. Thinking of just closing half but H4 volume is still low going up so I'm taking profit. You could be right on the 1460. But no plans yet.
- #32,476
- Edited 2:35pm Nov 26, 2019 9:23am | Edited 2:35pm
- Joined Feb 2011 | Status: Trader | 6,018 Posts
Well we got down to 1450 which is what I thought!
Of course the normal US session spike!!
At least we know it's coming because it just about always does - forewarned is forearmed guys!!
Of course the normal US session spike!!
At least we know it's coming because it just about always does - forewarned is forearmed guys!!
- #32,477
- Nov 26, 2019 11:41pm Nov 26, 2019 11:41pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
As VSA'ers we know that Strength, when it appears, usually appears on DOWN bars. This has a few repercussions. One of which is we strive to enter Long on DOWN bars. Waiting for confirmation actually has one entering on an UP bar.
One way to enter on the DOWN bar itself is to look "inside the bar". That is to say, look at the Order Flow that creates the bar.
Chart 1
Chart 2
One way to enter on the DOWN bar itself is to look "inside the bar". That is to say, look at the Order Flow that creates the bar.
Chart 1
Chart 2
Without VSA, you're playing checkers while the Smart Money plays chess.
- #32,478
- Nov 27, 2019 1:23am Nov 27, 2019 1:23am
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Of course, the opposite is true for UP bars. That is to say, Weakness, when it appears, usually appears on UP bars.
Note the UP bar marked ND (No Demand), this is the actual entry signal bar. It's a No Demand (ND) that touches and closes below HB (we're only looking to take Shorts below HB and Longs above HB).
What does the Order Flow tell us? We see an UP bar that has a RED or Negative Delta. That means, although the bar closed higher, there was more SELLING AGGRESSION than BUYING AGGRESSION in the bar.
Note the UP bar marked ND (No Demand), this is the actual entry signal bar. It's a No Demand (ND) that touches and closes below HB (we're only looking to take Shorts below HB and Longs above HB).
What does the Order Flow tell us? We see an UP bar that has a RED or Negative Delta. That means, although the bar closed higher, there was more SELLING AGGRESSION than BUYING AGGRESSION in the bar.
Without VSA, you're playing checkers while the Smart Money plays chess.
- #32,480
- Nov 27, 2019 6:03am Nov 27, 2019 6:03am
Of course, the opposite is true for UP bars. That is to say, Weakness, when it appears, usually appears on UP bars. {image} Note the UP bar marked ND (No Demand), this is the actual entry signal bar. It's a No Demand (ND) that touches and closes below HB (we're only looking to take Shorts below HB and Longs above HB). What does the Order Flow tell us? We see an UP bar that has a RED or Negative Delta. That means, although the bar closed higher, there was more SELLING AGGRESSION than BUYING AGGRESSION in the bar.
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