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Hi Rocky, how you read/analize "Time and Sales" data in NT? thankz alot

Rocky,

How about this one.

This is a 30 min. chart of the Aussie Futures. I noticed this potential trade setup on friday.

Looks to me like price action is moving down to the Demand Zone created on 1/9/13.

Notice the A, B, C fib retrace to the 61.8% retrace level where price immediately turned and headed lower off a two-bar reversal!

The top of the Demand Zone corresponds to the 127% fib ext.

I will be looking for a long position once price reaches the Demand Zone assuming volume is cooperates!

Hi Bantro,

where did you get the TradeGuide VSA indicator?

phi1ipp,

I got the NinjaTrader plugin from Tradeguider.

Rocky,

Thanks very much for your feedback and advice. I appreciate it!

Rocky,

Thanks for the 60 min breakdown!

Hope your daughter's team won!

[ATTACH] [/ATTACH]

Sorry this is a bit late but a very Happy New Year to you rocky and everyone on this thread! Let's keep this awesome thread going strong through 2013 as well!

rocky, could you check my analysis on the EURJPY? I took a short based off a Daily supply zone at a fib extension. My 4hour chart VSA analysis is the part I might be a little off. It wasn't the traditional set up that you talked about. I entered short off a no demand signal on the 30minute time frame but it went against me for 60 pips! My stop was placed above the previous swing high.

Alseobang, I no longer have the spot forex on my platform. Since I only trade Forex Futures I can't pull up a EUR/JPY chart. Also, since the color
of your candles do not match the color of the corresponding volume bars it becomes harder to analyze, at least for me. The look of the spot forex tick volume is not as crisp and defined as the CME Future volume, another reason why I don't trade spot. When trading the daily chart let PA fall after it has entered the zone. even if it drops 40 pips or more... Once it pulls back (retrace) run a fib analysis. Then drop down to a 90 min or 60 min and look for a "No Demand" VSA setup at either the 50%, 68.1% or the 76.8% fib retrace for a "short". This is how you stack the odds for a higher probability trade. Good Luck, Rocky...

Wait for a "No Demand", not a "No Supply", sorry for the confusion, Rocky...