21 SMA So that explains why it is a hell of a lot better than hulls.

vsa with Malcolm

Feeling a bit bullish at the moment on EU. 3510 is the key level to watch today, its the top of the tapering bar from the 18th and its also the daily pivot for today. Orange bars showing that Asia has already tested 3510 twice..

vsa with Malcolm

There was some selling there for sure, but hopefully you sat on your hands due to the trend was still up. This is what screws up a lot of people in VSA and this is a prime example of it, where we see selling come in and the trend carried GU up ...

vsa with Malcolm

I use 15m for entries and use 1h to determine whether the pair is bullish or bearish. I cherry picked this example, I was playing with EJ yesterday.

vsa with Malcolm

Use whatever TF you are comfortable with, I was just saying that I personally don't look for NS/ND on 4h, 4h is still tradeable.

vsa with Malcolm

Nice catch, the volume on those two bars from the 19th definitely show some strength.

vsa with Malcolm

Pretty much what Tim said, put a note on the wall or your monitor, VSA is a trend trading system. Use it to buy the strength in an up trend, sell the weakness in a down trend, use it as an early warning system that the trend maybe changing so you ...

vsa with Malcolm

Can you feel the anticipation aldo?

vsa with Malcolm

EU is basically the same story as EJ, but EJ's chart is a bit more clear. 134.2 is being defended as of right now, but the only this is the trend is flat right now, hopefully we can see an up trend develop soon for an entry in US session.

vsa with Malcolm

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vsa with Malcolm

Yea I agree with the 3650, some confluence there with trend channels. The 3600-3650 did you get that off the fib zones from 2/1? Look its sonofin.

vsa with Malcolm

I would be careful with the shorts on EU, yesterdays FOMC action looks a lot like absorption volume, pushed through two previous tops and closed on the highs of the bar, very bullish.

vsa with Malcolm

Bad time to be short on JPY pairs. 12h chart CADJPY. A bit of supply came in 9/6 which price pushed through, 9/15 price came back and tested that supply and now a 2 bar reversal... wait, what am I suppose to do when I see strength in an up trend? ...

vsa with Malcolm

It seems all you need with VSA is a 15m, 1h and daily chart, well today all you needed was a 15m chart. First lets start out in Asia (orange bar) the highest volume bar being a shake out, then highest volume bar in London was a down bar closing well ...

vsa with Malcolm

Your 2nd and 3rd are NDs, the rest are not. Definition of a ND is a narrow spread up bar closing in the middle or lows on low volume. Don't get caught up in bar definitions, you wont always see perfect bars. The biggest thing about NDs are that they ...

vsa with Malcolm

So here the follow up to this post, at the time I didn't post the whole story behind this trade, I was going to after the trade was complete. But what really made me eager to sell GU was the 1h. Sucks the trade didn't work out, but offered the same ...

vsa with Malcolm

Monday I will probably be looking for a reason to sell this, will have to keep a close eye for any strength at the 8900 level. 8900 because one its a round number and two its the top of an old trend channel.

vsa with Malcolm

Nice.. Going through your budget early, sounds like you guys are having a blast out there.

vsa with Malcolm

Just my humble opinion, but what crosses my mind is that the JPY pairs have already had a nice rally, now right now it doesn't seem as if there is any major selling but the pairs are vulnerable to a price correction. I think there are better ...

vsa with Malcolm

Here is a 12h GJ, I will say it doesn't seem as if there are any real sellers up there.

vsa with Malcolm