One for the knowledge banks .... how higher time frames can be used to predict the days movement VSA ROCKS.....off to take my yacht out nowHope all you VSA ers are doing well and killing the market .. remember we do not have to be in a traded ALL the time .. choose the best and most clear set ups and GO HARD. {image}
Screenshot2.png;2174290 Buy on a test of the spring, highlighted by grey box, signal close near the high or a bullish engulfing pattern with volume increase. The down trendline was violated many times show weak downtrend, and break of the trend line confirmed the spring setup. The decline was shortening as measured by the support and resistance. target is the previous high {image}
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Entered on low volume ...target anywhere 1.0640-1.0616 EURUSDH1.png;2175724 {image}
i avoid trading in this time zone
Another great day on the EU .. targeting 1.0660 at the moment , just entered the trade ... will post set up a bit later USDCAD is buy on SOS on down moves 15 min GBP sell on SOW on up moves ... Remember try and trade in trend alignment on 4 hour and down
{quote} Very interesting where was the short. Well, I see low volume UT at bar 1,but next is up at increasing volume with close at highs.. All I can think of - that logics is this : if we reach the price above second bar, than it becomes weak and we will get UT following with top eversal (or UT at higher volume). Anyway waiting for you post
......but got a bit trigger happy this morning lol
{quote} Ruma... I think you entered at end of USA session or even start Asia .. the dead zone .. volume will always be low. Just my thoughts
EJ looking very weak to me also.. 15 min shows supply hitting an up move, big down trend at higher time frames {image}
