vsa with Malcolm

Didn't see much buyers up there , Actually some buyers came in on the down
candle but then, the ND showed lack of strenght . So , i did some responsive selling , hoping we get to friday's value high . Then , maybe we might see
some intiative buying since we are sort of in an uptrend ( my gut feeling ,also Rising MP's) , coming off Thursday/friday Eu accumulation ..

Did some reading this weekend . ..Am sure HG knows where I've been ..lol

How convenient , some buyers are seating right there, Right on the edge
of the value High . Will see how they react ..

Sim/Demo Short ZNH11 on low vol rally up to prior supply selling price. (Good Read: Jesse Livermore's "How To Trade In Stocks".)
Edit:2-21-11 17:54gmt, Got stopped out for a loss on this one.

EUR/USD continue from last post.

Action in 2nd Box.


D1:
- Price did go up past the 23% around 1.3630. There is still room to go up.
- See potential Long target at a longer timeframe at "SR Daily Zone" around 1.4210.
- See Daily Upcoming Resistance around 1.3800 to 1.3860.


H1:
- The Black Lines for Boxes were previously drawn, just extended only without changing much on the price.
- 2nd Box was in fact around 80pips.
- There was a nice Test low of 1.3545 that is near 2nd Box Low.
- Then next down bar a good NS to enter Ideal Long at bottom of 2nd Box Low.


M15:
- Price in 2nd Box. After blue ellipse with Upper Wicks, price temporary retrace down a bit.
- In 2nd Box. Test at low of 1.3545, similar low to Previous Test.
- NS/Squat but price is Up (NS ideally is price Down) around 1.3560. Good place for 1st Ideal Long.
- Price then Pushing Through Supply going into 3rd Box.
- Break Up of 2nd Box to go into 3rd Box. Anyone going Short at Top of 2nd Box here would be caught.
- NS/Squat but price is Up. Testing 3rd Box Low 1.3610, Good place for 2nd Ideal Long entry.
- Now wait for future price to retrace back to test the low of the Long Up Bar or wait for bounce off the 3rd Box Low.
- Wait for future Long entry around 1.3600 to 1.3640.


For EUR/USD, anyone Short may still get around 10-50pips.
Long may get around 80-160pips and Much More.
Better to wait for Long at the moment.

Price is progressing nicely up through the Box Stages for now.

If only have caught those Ideal Long Entries, now chill, just Wait.

Great analysis.

gu shakeout 5min

soon after testing highs in asia market algos went to short-the-vwap mode.
currently it seems to be a change coming up.

imho 3650 has to be tested soon, german ifo index in 50m would be a good catalyst for drive down.

for the upside 3680 remains line in the sand.


http://img254.imageshack.us/img254/2...0221090741.png

levels to watch out for on cable imho are 6190, 6150

ur opinion on gu?

retracement. 6190, space till 6150 possible.

6230 area is the low of the short sunday session.

until ifo numbers are out, we cannto say much since markets are in parking mode.

just to remind you that vsa is rubbish

Of course Dr.G and we all know that all Stochastic traders here in FF are millionaires or billionaires. Because Stochastic just works!!
All you need is Stochastic 5-3-3.

I don`t say that you can`t make money with indicators, for example this is one way to use indicators and it gives good signals.

http://transcripts.fxstreet.com/2008...cci-and-s.html

well ifo was better than expected but its now dropping. looks like they REALLY want to test 3640-50...assuming it gets past 3665. pivot sits at 3649 too, how perfect is that

starting to get the feeling its just going to range up and down in this area all day

These classic indicators like Stochastic, CCi ..are OK ...most of the time their use depends on traders interpretation, greed, fear...Something, someone has to be blamed for loss and that usually end ups on indicators....

Ok so i thought i see some supply come in from the overnight session.

And this Morning, whenever we seemed to go to the 3690 area, i saw supply (you can see this to varying degrees between the 3 timeframes).

When i saw the High Vol bar, i knew we were weak. But i didnt take any trade....i thought the reaction to that bar was sluggish! If you also take a look at the pound the widespread down seemed to have no follow through on the next bar!
Therefore i assumed they might play it to accumulate.

a ND appeared on the 5min but i didnt like the reaction from the HV bar! So no trade for me!..... obviosuly it broke anyway!

bullflaggish again

if we should reach 3800 options strike today then in the thin us session.

once the channel keeps getting respected and we break out to the upside, 3860 is on the shortterm cards.

http://img252.imageshack.us/img252/2...0221111603.png

dollar index holds support @ its 38.2% retracement with positive divergence is developing.

Let's if it has strength to continue its north journey... Like to see if it break above 78.50 first

Bank holiday -

i expect movement

money never sleeps