vsa with Malcolm | Page 422 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

VSA-divergence trading 187 replies

How to Blow $200 account using VSA--- 594 replies

VSA Journal 57 replies

VSA broker history change datas 11 replies

Attachments: vsa with Malcolm
Exit Attachments

vsa with Malcolm

  • #8,421
  • Dec 30, 2010 4:52am Dec 30, 2010 4:52am
Quoting Dr.Geppynius
reason for me taking this trade:

- 60/120/240 weak
- 10m formed round top
- market had its first bigger push down, bigger in terms of length and time, follwed by a small push up with just one bar on vol increase.

i took the 10m nd below the 20sma (yellow line) which was near round number 5500. markets tend to fake back up after support was broken to be rejected again. 5m then confirmed the trade, since the markup bar we obnly made lower highs and also had a 5m nd.
Very nice.
  • #8,422
  • Dec 30, 2010 4:53am Dec 30, 2010 4:53am
on 60 & 120 eur chart we have a good chance of getting the pins off of 3260 as mentioned earlier
  • #8,423
  • Dec 30, 2010 5:00am Dec 30, 2010 5:00am
Quoting Dr.Geppynius
on 60 & 120 eur chart we have a good chance of getting the pins off of 3260 as mentioned earlier
Also check out the volume compared to the last time price was at this level. It is way lower.
  • #8,424
  • Dec 30, 2010 5:00am Dec 30, 2010 5:00am
Quoting Dr.Geppynius
on 60 & 120 eur chart we have a good chance of getting the pins off of 3260 as mentioned earlier
I would like to ride on downmove.
  • #8,425
  • Dec 30, 2010 5:01am Dec 30, 2010 5:01am
10m nd on eur im SS
  • #8,426
  • Dec 30, 2010 5:06am Dec 30, 2010 5:06am
Quoting Dr.Geppynius
10m nd on eur im SS
A bit early for me but you've twisted my arm!!
  • #8,427
  • Dec 30, 2010 5:09am Dec 30, 2010 5:09am
Quoting Intel
A bit early for me but you've twisted my arm!!
i agree, therefore smaller initial size, but im the kind of trader who rapidly adds to a winning position and moving stop down, so i am ovelerveraging but using only unrealized profits, no own equity.
  • #8,428
  • Dec 30, 2010 5:09am Dec 30, 2010 5:09am
Quoting Intel
A bit early for me but you've twisted my arm!!
I think you two a so brave or you entered with small amount or you both have a huge account or you so know what you are doing
  • #8,429
  • Dec 30, 2010 5:10am Dec 30, 2010 5:10am
Quoting Dr.Geppynius
i agree, therefore smaller initial size, but im the kind of trader who rapidly adds to a winning position and moving stop down, so i am ovelerveraging but using only unrealized profits, no own equity.
Hit TP on GU short
  • #8,430
  • Dec 30, 2010 5:11am Dec 30, 2010 5:11am
Quoting 1pipperhour
I think you two a so brave or you entered with small amount or you both have a huge account or you so know what you are doing
Or we have no clue whats going on and we have no shirt left!!!!!
  • #8,431
  • Dec 30, 2010 5:12am Dec 30, 2010 5:12am
Quoting Dr.Geppynius
i agree, therefore smaller initial size, but im the kind of trader who rapidly adds to a winning position and moving stop down, so i am ovelerveraging but using only unrealized profits, no own equity.
EU Shouldn't retrace much above 3250 I think.
  • #8,432
  • Dec 30, 2010 5:13am Dec 30, 2010 5:13am
experience is everything, every year in the markets and you get a pretty good feeling what's coming up
  • #8,433
  • Dec 30, 2010 5:13am Dec 30, 2010 5:13am
Quoting Intel
Hit TP on GU short
I'm sure Dr. G is still riding on it.
  • #8,434
  • Dec 30, 2010 5:15am Dec 30, 2010 5:15am
Quoting 1pipperhour
I'm sure Dr. G is still riding on it.
I hope so
  • #8,435
  • Dec 30, 2010 5:15am Dec 30, 2010 5:15am
Quoting 1pipperhour
I'm sure Dr. G is still riding on it.
i'm on my 60m trailing stop, so i allow for 1 upbar, on the second consecutive upbar i am out, except it is some kind of nd.

in the past i have limited profit potential too often by closing trades out on targets, but the truth is you can never know where price goes, let the market take you out. nothing against partial profit taking of course.
  • #8,436
  • Dec 30, 2010 5:19am Dec 30, 2010 5:19am
Quoting Intel
EU Shouldn't retrace much above 3250 I think.
if it just ignores the weakness on different timeframes and rips through the big 15m top reversal, then i suspect that temporarily mr superbull is swimming with the orders
  • #8,437
  • Dec 30, 2010 5:22am Dec 30, 2010 5:22am
Quoting Dr.Geppynius
if it just ignores the weakness on different timeframes and rips through the big 15m top reversal, then i suspect that temporarily mr superbull is swimming with the orders
We have a ND on the M15
  • #8,438
  • Dec 30, 2010 5:23am Dec 30, 2010 5:23am
Quoting Dr.Geppynius
i'm on my 60m trailing stop, so i allow for 1 upbar, on the second consecutive upbar i am out, except it is some kind of nd.

in the past i have limited profit potential too often by closing trades out on targets, but the truth is you can never know where price goes, let the market take you out. nothing against partial profit taking of course.
Trailing. How big are you keeping it? Are you moving it constantly or you are holding it +2?
  • #8,439
  • Dec 30, 2010 5:24am Dec 30, 2010 5:24am
Quoting Intel
We have a ND on the M15
I would really like to see the M15 forming bar to close as a down bar, just to confirm the 2 bar reversal.
  • #8,440
  • Dec 30, 2010 5:26am Dec 30, 2010 5:26am
Quoting Intel
I would really like to see the M15 forming bar to close as a down bar, just to confirm the 2 bar reversal.
In candelstick pattern terms it can reverse also after two or three upbars if those two or three stay within previous big downbar.
10 traders viewing now