who thinks eurchf is about to collapse?
i do!!
TP1 @ .50885
TP2 @ .50715
i do!!
TP1 @ .50885
TP2 @ .50715
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DislikedGU SHORT
EDIT:
Do not look on this volume as i am not folowing this IBFX volume.
Best,
TomIgnored
Dislikedi dont know how the trade played out since i am only referring to your screenshot. shorting here imho is a bad idea. look behind: we saw volume stepping in and the result is a slight turnaround of the price. now we try to go down but the volume compared to the vol on the previous downbars is pretty tiny. see the little trendchannel which developed here. you entered in the middle, so your risk is 50% to the upside and 50% to the downside. we want to reduce our risk...
see the things i have marked o nthe chart. 1= the wide spread downbar indicating...Ignored
DislikedHello Dr.G.,
thank You for Your comments.
Yes i aggree with what You say.
I attach here futures volumes from which i also made desicion to go short - Would You tell the same story here what about IBFX volume said ?
ps
such volume increase on this time on futures is ULTRA HIGH volume
Thank You.
Best,
TomIgnored
Dislikedi would say the same here. the bar is a ND, but look what we have behind us...excessive volume. it is always risky to go short against this. it might work but the odds are higher that we might see a change of direction hee- even tough if it only is a little retracement.Ignored
DislikedToday i profited ~ 120 pips.
Lets see if i will loose tomorow all my 120 pips ( i am not counting pips.. but just writing it here in pips )
EDIT:
I see some mistakes in my orders where i should wait or not to take.. but that is after fact for me yet..
But just attached picture how i done today..
Best,
TomIgnored
DislikedNEVER try shorting agianst stopping volume that was very clear on the bottom of the chart .Ignored
DislikedHello Dr.G.,
thank You for Your comments.
Yes i aggree with what You say.
I attach here futures volumes from which i also made desicion to go short - Would You tell the same story here what about IBFX volume said ?
ps
such volume increase on this time on futures is ULTRA HIGH volume
Thank You.
Best,
TomIgnored
DislikedPlease let me know what you guys think of this, where would you enter if at all? and what am i NOT seeing?? all comments welcomedIgnored
DislikedJust want to say thanx to all the contributors of this thread, i have read through this and the "Learning to trade VSA" thread and finally have a little confidence ...Ignored
DislikedHello Ace
Could you please post sinewave with SR indicator, please?
Thank youIgnored
DislikedHi,
Chart 1
A) the first 2 checks =(Strength coming in on high volume Down Bars) Blue bars.
- this is supply breaking through support on the left, weakness.
B) followed by no supply bars on narrow spreads
- yes, bars show smaller spread; however, three things are missing: first, no strength on the back ground; second, lack of reaction on potential buying; and third, trend is down.
[b] C) last check = Low volume wide spread down bar, closing on the lows at MML 1/4 level and Daily Pivot S1= test of supply?? are these...Ignored