Trading W/ Smart Money

www.tradeguider.com/gavin_webinar_files/vsafx.wmv (http://www.forexfactory.com/showthread.php?t=167379)

If you want to speak more just tweet me http://twitter.com/twitbidme

I was 2 pips from my target for usd/jpy and now I'm down a few pips,only b/c i was distracted.I'm actually multitasking trying to cook breakfast and trade

I'm looking at the EUR/USD bounce off that reverse upthrust but, the test for supply failed b/c the volume was high. For a successful test we need low volume, I wouldn't be surprised if we see extended weakness.

Tom Williams goes in depth about his VSA Principles

http://www.youtube.com/watch?v=FK5PfQuHJcs&feature=channel_page

We have a nice reversal on the horizon,looks like USD is beginning to weaken!

Once you learn this VSA SYSTEM there's no reason why you can't effectively learn to basket. Most of the pairs move in correlation with each other, I've posted 4 pairs which already are moving in correlation.

Here's an update!

Probably only trader who posts losses too.The trades that you don't see have been closed out using my trailing stop.

The key to spotting reversal is the stopping volume bar, which represents smart money coming in to absorb the selling, and immediately you get a price reversal.

Great demand signal on the 4hr,so i followed the trend

I was monitoring the EUR, waiting for a reversal off the previous upthrust which occurred about 1hr previously, the upthrust signified weakness and the EUR was currently moving in a sideways movement steadying to breakout to the downside.

Smart Money, is accumulating EUR

See how smart money manipulates the market and follow what they do, the volume and chart shows you.No lagging indicators needed, just see how they buy on the reverse upthrust to support the price and it begins to reverse slowly as they accumulates before the markup begins1

UPDATES TRADES

Notice how a lack of demand from smart money on the g/j which occurred last week. It occurred over a 2-hr period and afterwards the market rolls over.

Looks like ban was lifted,back in business

Well, I'm checking out USD/CHF looks like thiers still alot of weakness in the background, I have yet to see a true stopping volume signal on high volume. From the Daily chart from the previous days I've seen nothing but upthrusts in the background which continues to support weakness. So nothing is showing any signs of strength also, so I would continue to be short.I'm still bearish until I see a strong signal for reversal in the form of reverse upthrust on highvolume followed by tests.

OUTLOOK: Negative

Same type of issue with USD/JPY, I'm loving this daily charts looks beautiful increasing volume and spread on down bars, I couldn't ask for any better signs of weakness. The 5m chart is littered with upthrusts and no demand bars, so overall great time to be short.

OUTLOOK:Negative

I'm looking at the E/G and looks like smart money is testing for supply on the market.Testing is a sign of strength only when you have weakness in the background.