I am going to start posting daily VSA/Wyckoff scenarios of what I see daily in the currency market. I mainly follow Yen pairs (specially GBPJPY, EURJPY and USDJPY). This thread will be acting as my trading journal and the only reason to do this is will be to create a space in where I will be analyzing my rights and wrongs and hopefully keep getting better. Of course, everybody is welcome to join and share information/opinions.
Background about me: I've been trading in the currency markets for about 5 years and just 1 year using VSA and Wyckoff methods. I am not new to this business but I consider myself an always-student-of-the-market. I am trading on a Live account with IC Markets using the cTrader platform (which I think it's one of the greatest retail forex platforms), I usually am waiting for set ups during mid-London session thru the end of NY session.
These are past examples of what I am looking for in the charts:
Update:
Basically I am looking for a combination of SOS or SOW in H1, M15 and M5. When I spot one or two SOS/SOW I then go to the M5 and look for a No demand/supply bar in the right zone with the background confirmed.
Thank you for reading. Cheers.
Background about me: I've been trading in the currency markets for about 5 years and just 1 year using VSA and Wyckoff methods. I am not new to this business but I consider myself an always-student-of-the-market. I am trading on a Live account with IC Markets using the cTrader platform (which I think it's one of the greatest retail forex platforms), I usually am waiting for set ups during mid-London session thru the end of NY session.
These are past examples of what I am looking for in the charts:
Update:
Basically I am looking for a combination of SOS or SOW in H1, M15 and M5. When I spot one or two SOS/SOW I then go to the M5 and look for a No demand/supply bar in the right zone with the background confirmed.
Thank you for reading. Cheers.
Preservation of capital and home runs!