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  • #712,741
  • Oct 31, 2012 5:05am Oct 31, 2012 5:05am
Quoting kuroro001
No demand is the most tricky part while trading VSA style.
Hence i barely look at them.
Instead i'm closely looking at the background (very high vol or not, upthrust, etc..) then i look for reversal candles.

The thing with no demand bars is you can find loads of no demand bars before it actually falls...so i've decided to skip that part

But if it works for you, keep it up!
Cool... what do you define as a reversal bar?
  • #712,742
  • Oct 31, 2012 5:06am Oct 31, 2012 5:06am
Hi guys,

EUR/USD Update: Triangle count re;labeled in the direction on H4 triangle.


Take care,
Seb

PS: More on my blog.
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  • #712,743
  • Oct 31, 2012 5:06am Oct 31, 2012 5:06am
Quoting yelena
looking for another long position too, somewhere below R1... waiting it out for now.
I took again at 1.29965 with a SL 1.29930 and TP 1.324 ( But the TP will take time , more time ) or maybe i will close it near London end ! we will see how i will go
"It's the Margin, Stupid."
  • #712,744
  • Oct 31, 2012 5:07am Oct 31, 2012 5:07am
Quoting kuroro001
Hell of a supply is around this area. Can't tell where should be the reversal but i'm closely looking at the PA right now
So i've got my finger on the sell button...waiting.

I'll use tight stop though if i ever short now.
i think 3042 could good for scalp short as i think

AB=CD is equal to 3042, 3042 could be number in middle for good scalping as you said if good supply present there

GL
Learning Requires Failure
  • #712,745
  • Oct 31, 2012 5:07am Oct 31, 2012 5:07am
I think we roll down 1.2950. 30 Minutes ago I shorted my position (SELL)
  • #712,746
  • Oct 31, 2012 5:10am Oct 31, 2012 5:10am
Quoting KiwiTrada
them released already bro have started to srem the blood loss so far, I l;ooking similar chart you am try to get some green pip

how are you kiwi bro??

whats up with cable, any chance of higher towards 6170/80 or 6210/20 zones,

last hour we already have a hammer type hourly candle

whats your tip ?
Learning Requires Failure
  • #712,747
  • Oct 31, 2012 5:10am Oct 31, 2012 5:10am
As I have said before, the market will be ranging today. But retraceneent to around 1.2950-75 area and then the price will shoot up again to 1.3025-50. happy trading mates
Maximizing your potentials!
  • #712,748
  • Oct 31, 2012 5:18am Oct 31, 2012 5:18am
Quoting Vachus
I took again at 1.29965 with a SL 1.29930 and TP 1.324 ( But the TP will take time , more time ) or maybe i will close it near London end ! we will see how i will go
ill take the bounce off of EMA/SMA60 in M5. if i lose the chance, then good for you. i just don't like the drawdown, it will make me drink coffee!
  • #712,749
  • Oct 31, 2012 5:24am Oct 31, 2012 5:24am
Quoting tirmizi
how are you kiwi bro??

whats up with cable, any chance of higher towards 6170/80 or 6210/20 zones,

last hour we already have a hammer type hourly candle

whats your tip ?
I think her already capped, edit I thought her tapped but her not resist @6142 (boj will confirm or deny) is nice 1hr candle, waiting 4hr close see if same, but again, tomorrow, is new month, will get to see closed oct candle, I am quite happy to wait for this close,

I am short eu and kiwi, kiwi has been live all day but go nowhere
If you are new to Forex? Say Goodbye to your account!!
  • #712,750
  • Oct 31, 2012 5:26am Oct 31, 2012 5:26am
Current hourly close above 1.2990 or even better 1.3000, and i think there will be no dip before going higher.

If below, then likely to start range trading 60/1.30 until NYSE opens.
They think they are smarter than I am.
  • #712,751
  • Oct 31, 2012 5:28am Oct 31, 2012 5:28am
Resistance 1.30310 bullish targets: 1.30615, 1.30920

Support 1.29700 bearish targets: 1.29395, 1.29089

So, I'm waiting until the strong levels are broken. And from this it depends whether I go short or long.
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  • #712,752
  • Oct 31, 2012 5:34am Oct 31, 2012 5:34am
  •  orzels
  • | Joined Nov 2011 | Status: Buy at resistance, Sell at support™ | 309 Posts
Hotforex has some problems today.

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We've been informed by our LP's that the current disruptions today are due to an issue with their Internet Service Provider in New York due to the recent Sandy storm. This issue is affecting many other FX providers. We are doing our best to resolve the matter as soon as possible.

Best Regards,

The Hotforex Management
  • #712,753
  • Oct 31, 2012 5:35am Oct 31, 2012 5:35am
Quoting yelena
ill take the bounce off of EMA/SMA60 in M5. if i lose the chance, then good for you. i just don't like the drawdown, it will make me drink coffee!
It knocked me off , but nothing to worry about - it was a small position
"It's the Margin, Stupid."
  • #712,754
  • Oct 31, 2012 5:35am Oct 31, 2012 5:35am
hmmm... I see some demand in the 1.2995 area...
  • #712,755
  • Oct 31, 2012 5:38am Oct 31, 2012 5:38am
if 1.2995 breaks then we should see 1.2980...
  • #712,756
  • Oct 31, 2012 5:42am Oct 31, 2012 5:42am
looks like falling wedge...which is bullish in nature.....waiting for long entry
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  • #712,757
  • Oct 31, 2012 5:44am Oct 31, 2012 5:44am
be 08
  • #712,758
  • Oct 31, 2012 5:45am Oct 31, 2012 5:45am
Quoting Vachus
It knocked me off , but nothing to worry about - it was a small position
Bastards came down to knock my SL and take off
"It's the Margin, Stupid."
  • #712,759
  • Oct 31, 2012 5:46am Oct 31, 2012 5:46am
long 09

lets see if we can get 3035 then
  • #712,760
  • Oct 31, 2012 5:53am Oct 31, 2012 5:53am
Quoting KiwiTrada
I think her already capped, edit I thought her tapped but her not resist @6142 (boj will confirm or deny) is nice 1hr candle, waiting 4hr close see if same, but again, tomorrow, is new month, will get to see closed oct candle, I am quite happy to wait for this close,

I am short eu and kiwi, kiwi has been live all day but go nowhere
good luck

i think if 6100 hold then next stops are 6170 and 6210 other wise down to 6050xxx

euro$ as long as it is trading above 2955 hourly close, 3085 is min
Learning Requires Failure
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