Attachments: Trading VSA the way NSK does

Trading VSA the way NSK does

#621
May 6, 2011 4:25am May 6, 2011 4:25am

ns_karthik
| Commercial User | Joined May 2006 | 1,808 Posts

Quoting brax64

Disliked

took the long at the open of the candle with the yellow arrow; volume is rising price is dropping near to the last support; close also to 2/8 at 4526 and VZO near -60 oversold sign...

Ignored

ok here is something that i use....u mention, last support....i believe that u r talking abt the support seen in the bars which are grey with blue dots below them....that is the last support...but look at the close of the pink bar (the bar which is the one previous to the bar which u have marked with an arrow)....

the close of the pink bar is lower than the support...that is a confirmation that the support has been broken...it is a hint...even thought it might have closed just 1-2 pips below, thats a hint...

so unless i see a bar close above the support again, i will consider the support to be broken cos of the hint given by the pink bar...the bar that u have marked is then retest of the broken support...and down we go over the next few bars...

#622
May 6, 2011 4:35am May 6, 2011 4:35am

brax64
| Joined Apr 2010 | Status: Trader | 126 Posts

Maybe I'm wrong but I was considering support the bar in the pic attached at 4533 and the pink bar closed exactly 1 pip above... but like I said probably I'm wrong....

By the way really appreciated this very useful hint!!!!!

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brax64

#623
May 6, 2011 4:43am May 6, 2011 4:43am

courtneywild
| Joined Feb 2008 | Status: Trader | 678 Posts

Quoting brax64

Disliked

took the long at the open of the candle with the yellow arrow; volume is rising price is dropping near to the last support; close also to 2/8 at 4526 and VZO near -60 oversold sign...

Ignored

Hi brax
r u trading the 30 min 15 min or 5 min please?

#624
May 6, 2011 4:43am May 6, 2011 4:43am

ns_karthik
| Commercial User | Joined May 2006 | 1,808 Posts

Quoting ns_karthik

Disliked

rising volume into support....long euro at 4517....tight stop....22 pips...

Ignored

exited with +32....u know what u r going to get in my next post...:-)....

#625
May 6, 2011 4:45am May 6, 2011 4:45am

brax64
| Joined Apr 2010 | Status: Trader | 126 Posts

Hi Courtney, what's up !

I'm trading on the 15M chart

brax64

#626
May 6, 2011 4:47am May 6, 2011 4:47am

ns_karthik
| Commercial User | Joined May 2006 | 1,808 Posts

nice trade...so time to relax...:-)

Attached Image

#627
May 6, 2011 4:51am May 6, 2011 4:51am

brax64
| Joined Apr 2010 | Status: Trader | 126 Posts

now is time to sleep for me, closed eu +3 and gu +18
total +21

It's ok for me; most important thing is not make money... is don't loose them!!!!

I'll be in the forum tomorrow morning (for me..)

See ya guys, sorry but it's already 3am and I've to wake up in 3 hours to go to work....

Cheers

brax64

#628
May 6, 2011 4:54am May 6, 2011 4:54am

ns_karthik
| Commercial User | Joined May 2006 | 1,808 Posts

Quoting brax64

Disliked

now is time to sleep for me, closed eu +3 and gu +18
total +21

It's ok for me; most important thing is not make money... is don't loose them!!!!

I'll be in the forum tomorrow morning (for me..)

See ya guys, sorry but it's already 3am and I've to wake up in 3 hours to go to work....

Cheers

Ignored

brax, u have worked hard for this 21 pips....this ones for u...

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#629
May 6, 2011 6:12am May 6, 2011 6:12am

courtneywild
| Joined Feb 2008 | Status: Trader | 678 Posts

Quoting brax64

Disliked

Hi Courtney, what's up !

I'm trading on the 15M chart

Ignored

Thanks brax.

Missed the trades today, (was busy with work which meant no concentration time).

#630
May 6, 2011 6:45am May 6, 2011 6:45am

BJ1
| Joined Nov 2008 | Status: Trader | 127 Posts

Quoting ns_karthik

Disliked

i have opened a new chat room where i will be logged in for most of the day....for those who r interested, can join me there....its free...

http://webchat.freenode.net/?channels=vsansk

thanks to cmac for this room...

Ignored

Is it going to be active?

#631
May 6, 2011 6:59am May 6, 2011 6:59am

ns_karthik
| Commercial User | Joined May 2006 | 1,808 Posts

Quoting BJ1

Disliked

Is it going to be active?

Ignored

nope...it was too much work for me to maintain it...

#632
May 6, 2011 7:04am May 6, 2011 7:04am

kvellimalai
| Joined Oct 2009 | Status: Trader | 181 Posts

Hi All,
IT looks yesterday and today is not a good day for the oil,gold and silver, AU EU etc.
Massive downtrend on the commodities...

Those who took short on these must have got a good return.
I got +50 on WTI

Velli

#633
May 6, 2011 7:10am May 6, 2011 7:10am

ns_karthik
| Commercial User | Joined May 2006 | 1,808 Posts

Quoting kvellimalai

Disliked

Hi All,
IT looks yesterday and today is not a good day for the oil,gold and silver, AU EU etc.
Massive downtrend on the commodities...

Those who took short on these must have got a good return.
I got +50 on WTI

Velli

Ignored

cool buddy...good for u...

#634
May 6, 2011 7:59am May 6, 2011 7:59am

courtneywild
| Joined Feb 2008 | Status: Trader | 678 Posts

missed the early session (working and trading is not good i have found and trading and looking at post 606 NSK is also not good

).

Thought I would take this GU short. And it worked just fine for 40pips

Ignore MFI indi... I'm just testing something.

Have a great weekend.

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#635
May 6, 2011 8:13am May 6, 2011 8:13am

pinoyboy
| Joined Apr 2010 | Status: forexmagnate.wordpress.co m | 209 Posts

Up 100 pips so far on estimation...keep going.

#636
May 6, 2011 8:22am May 6, 2011 8:22am

courtneywild
| Joined Feb 2008 | Status: Trader | 678 Posts

I took the +40 from GU and waited till market settled.

Long Gu and Long EU. These trades are not in line with the systems trading times of UK 7am -12 noon.

However they end the week nicley.

Thanks NSK.

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#637
May 6, 2011 8:28am May 6, 2011 8:28am

ns_karthik
| Commercial User | Joined May 2006 | 1,808 Posts

Quoting courtneywild

Disliked

missed the early session (working and trading is not good i have found and trading and looking at post 606 NSK is also not good ).

Thought I would take this GU short. And it worked just fine for 40pips

Ignore MFI indi... I'm just testing something.

Have a great weekend.

Ignored

looking at 606 and trading is like drinking and driving...:-)