Timing the Trade

bantro1,

Pure VSA entry setup with Fib 50% profit exit?
Please share with us your entry criteria.

Very good. What was the entry confirmation when down at a 60 min chart? A bar close abover the previous highs? Something else?

i entered the same trade, but using different vsa logic...not sure if my thinking was correct. any comments welcome.

dcabfx,

Give me some time and I'll take a look at your chart later

anton609:

I was hurrying this morning trying to get to a meeting and didn't look closely to see who posted the above chart....my apologies to both of you.

Looks to me like your analysis is correct. I decided to enter when I saw the increasing up volume. Overall, there was more risk to this trade than some because of the high-impact news release at 8:30 am.

Good call!

Unfortunately, I was not able to take this trade on the futures side but did enter a short trade on the Usdjpy on my mobile app and closed for +30 pips.

thanx for having a look bantro..., i'm still trying to learn this method, so it's always good to have feedback.

NZD/USD retest of a SupplyZone back in May 2013 on the DAILY chart.
Daily TL, 1a-3a Fib study 198.7%, 1-3 Fib Study 127% and nice pop into Zone today. Missed my entry by 5 pips. Looking for nice VSA setup on 30/60 or lower time frame.

dcabfx,

Hate that when it happens! When you get a chance, post the chart that you based your entry on. Did you set your entry base around the daily?

Ya it was based on the daily and the entry was set based on that trend line and the expectation price would touch again and go a bit deeper in to the zone. Volume was still high going into the zone on some lower time frames as well. Can't show that right now.

the BP might be coming in...will monitor: