vsa with Malcolm

Definitely. High volume, low spread, next bar so far up. Would give a very tight SL. Also if 1H closes on the highs, would be a good bullish sign for the day. Again, I would watch volume on the up move. If it's very low, chances are price won't go much higher. BTW, dollar index has bullish large players going long, so that's something to watch.

Have to wait and see.

Thinking this maybe a setup for a retracement on US open. Hopeing to grab a short on retrace around 4020-4040. I might be aiming too high will have to see what volume has to say.

You will need to remember those Your words, when You will feel that nothing works.

Best,
Tom

I was long from 17, I was thinking: You just have to buy when you see something like this, and after that I got scared when it came back down and closed with -0.6 pips. lol

Yea think most people have been there.. Have you read Trading in the Zone by Mark Douglas?
Trading psychology. Im sure if you google it you can find the PDF somewhere.

No I haven`t, and I am kind of happy with my trading with VSA, just today is strange action, so I really don`t have that usual confidence.
Thanks anyway.

Basically let go of emotions, trust in yourself and your system etc. It just takes time to feel comfortable with getting losses and letting profits run.

Oh and it's human nature to be self destructive by which I mean we tend to create obstacles and challenges for ourselves to overcome. In trading, the challenge is to be profitable. Now, if you overcome that, there is no challenge. Then you go out of your way to either supersize profits or eliminate losses which results in nothing but pain and suffering. But it's a challenge!

Some say traders just think they are not worthy of profits which to me sounds silly.

There is no one way to deal with all of it. Everyone must find the answer themselves. One way is to occupy yourself with something more challenging while leaving trading as a chore which you just do and don't really think about. Another way is to find out what limits you as a trader and just let it happen. If you are afraid to lose profits, then just enter a trade you think is right, have a normal SL, but don't have a TP or have it really huge (for you). And just try to let it be for the day. Or at the very least leave it be for the current session.

I have the same problem. I see setups, enter a trade and exit without letting it hit my TP which like 99% of the time gets hit and it would still be like in the middle of the trend.

Emotions goes away when you have enough knowledge.
But today so many ND`s and heavy buy`s, so like infowar.
Maybe sellers are taking slowly every buyer out here and we are going down.
Just have to wait clear picture.

Here's a chart with the general direction. Marked by an arrow.

Arrow, where, I can`t see that.

In all seriousness, today we're at least getting stopping volume to warrant some longs but volume on up moves is just not bullish. At least so far.

Not bad.. 99 % would be Your hit rate


B,
Tom

Weird day, but maybe we learn something new today.

Typical forex day...


B,
T

EU M15
No supply.

could be profit targets getting hit as opposed to anyone taking buying positions.

below 3920 is bear country

No NO nOOOO.....

cheat sheet :

just a quick one ,

can someone give an idea/notes how to look out for these conditions (definitions) :

1) shakeout

2) stopping volume

3) no supply

(appeared in the last few posts )

There are some good videos about VSA.

http://www.forexfactory.com/showpost...postcount=1140