Dislikeddamn man you are fast i try to stay away from computer during the weekends but i find myself back staring at the charts.Ignored
Blogging daily now at www.volume.zone
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Dislikeddamn man you are fast i try to stay away from computer during the weekends but i find myself back staring at the charts.Ignored
DislikedI always thought Fosters was Australian for beer lol and paid a premium to buy that but only realized recently that it is brewed here locally and is no import and Australians wont even consider it Australian
BTW I am PLAN to be long AUSSIE-DOLLAR http://www.forexfactory.com/showpost...ostcount=12993Ignored
Dislikedbe very careful ... something does not look right
why was the max volume on 30 min in the up candle and then instantly price went down next candle. Honestly this is sellers hitting the market. Think the 2.5 million trade went thru on the sell for a 40 pip trade ? not likely
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Dislikedbe very careful ... something does not look right
why was the max volume on 30 min in the up candle and then instantly price went down next candle. Honestly this is sellers hitting the market. Think the 2.5 million trade went thru on the sell for a 40 pip trade ? not likely
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Dislikedmomentum trader ? you mean day trader ? if so not to brag beat you by alot and that is not including swing trades , 1000 pip for month is ONLY 50 pips a day and that is not including Sundays.
Not to discount your 1000 pip .. it is awesome !!!!
but there are many way to skin a cat .On the GJ the daily movement Friday alone on a 5 min chart was 550 pips in the us session alone. All you need is one trade of 50 pip out of that as a day trader
as a day trader I can wake up have coffee. . go to gym hit market by 6 am my time , trade till 8 am and...Ignored
Dislikedmalcolmb sees a drop open on monday and 1 hour tells me otherwise, so ......Ignored
Dislikedbye bye 1.6 ... 1.5 and maybe even 1.4
look at this volume cluster right under the 38 % retrace of the down move 38% ONLY !!!! .. not 50 not 61,8 ... 38 % .. the bearish down trend is about to continue . May take another 2-4 weeks to play out but it is on us.
This volume cluster of sellers was higher than before drop from 2.1000. What do the pros know that we do not ?
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Dislikedjust an alternative theory- may be traders closing their positions just before the market close on a weekend? Volume does stand out at this moment.Ignored
DislikedHi Malcom,
I must admit VSA confuses the hell out of me - Fo insatance if a lot of pro sellers enter the market as portrayed by your volume bar then I would expect price to tank.
Conversely if all those pros have sold - they can't sell anymore so will be looking to buy, when/if they re-enter the market, which will send the price up?
I realise that this is probly a naive and simplistic view of VSA but would appreciate your take.Ignored
Dislikedpros will never run out of money . If they are not buyers only so many retail buyers can hold the market up...markets can drop under low volume , all the pros will do is move the bid down faster .. that is what happens on large drops. Those same pros / banks that are short at 1.6000 will control what goes on the market on a daily basisIgnored
Disliked5 min chart with very clear trades ..... not that hard but have to think fast
one of my buddies has a trading room ... not going to mention it ... but I was guest trader Friday and we did do the 150.50 short for 140 pip and sold off bounce into 149.70 for 149
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Dislikedhai all i'm new in trader ,
can some one share info or indicator ....Ignored
DislikedI have analized 1/2hr , 1hr, 4hr, daily, weekly charts on gu
all except weekly shows me that we are going up. the only thing i worry its a div on GU and GJ weekly- anyway as for intraday i ignore it. my first tp is 1.637 i will particularly take profit there. But i expect more from GJ
see picture below (UJ 4HR) that is why i will also long UJ
ps. trade as per your own plan! I might be wrong.
many thanks to traders like Malcolmb14, bull_bear... You guys keep this threads alive and interestingIgnored