5 Live trades this week 1). 05/22/12 Eur... + $ 550.00
2). 05/23/12 Aud...+ $1,300.00
3). 05/23/12 Aud... - $ 330.00
4). 05/24/12 Aud...+ $2,130.00
5). 05/24/12 Aud...Current live trade up $990.00.
I will be closing this trade very soon. See Chart below.
I show this because it proves the Power of trading Supply/Demand and VSA. The Aud has been in accumilation phase since 05/22/12. I have been using the Daily 78.6% retracement as my protective wall knowing that the Institutions are in the process of accumilating all short contracts with their Long contracts based on my analysis of the Daily volume bars. However, If PA does close below the 78.6% Fib then we should see a hefty drop in PA. Rocky...
2). 05/23/12 Aud...+ $1,300.00
3). 05/23/12 Aud... - $ 330.00
4). 05/24/12 Aud...+ $2,130.00
5). 05/24/12 Aud...Current live trade up $990.00.
I will be closing this trade very soon. See Chart below.
I show this because it proves the Power of trading Supply/Demand and VSA. The Aud has been in accumilation phase since 05/22/12. I have been using the Daily 78.6% retracement as my protective wall knowing that the Institutions are in the process of accumilating all short contracts with their Long contracts based on my analysis of the Daily volume bars. However, If PA does close below the 78.6% Fib then we should see a hefty drop in PA. Rocky...