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pipsr4kids replied May 11, 2009Trading w/smart money — It's a great idea to check out daily charts, to find out the sentiment of the overall market, by analyzing the volume and spread on the daily charts, you can predict the market activity for the upcoming day. You then ...
Trading W/ Smart Money
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pipsr4kids replied May 11, 2009Right On Target — Like I called it EUR/USD pulled back and the USD/CHF advanced. I'm going to closeout these positions soon.
Trading W/ Smart Money
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pipsr4kids replied May 10, 2009Both positions Closed out — I've closed out both my positions for profit.
Trading W/ Smart Money
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pipsr4kids replied May 10, 2009Locking In Profits — You can see from the chart where I identified, weakness on the current up move, which was currently in the overshoot area, their was no professional support, the pair is going to fall. I've identified how the selling has ...
Trading W/ Smart Money
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pipsr4kids replied May 10, 2009I'm more then likely going to look for good point to go short, on the EUR/USD and looking for point to go long USD/CHF.
Trading W/ Smart Money
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pipsr4kids replied May 10, 2009Locking In Profits — Well I've been studying the EUR/USD charts and thier's been a slight change of sentiment and thier is a lot of weakness apparent in the background, which will more then likely manifest in today's trading day. I like ...
Trading W/ Smart Money
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pipsr4kids replied May 10, 2009Principles causing Markets to turn (T.Williams) — There are two main principles at work in the markets which causes a market to turn. Both these principles will arrive in varying intensities producing larger or smaller moves. Principle One The ...
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pipsr4kids replied May 10, 2009High Volume on Market Tops — This is a great incept from Tom Williams book regarding High Volume on Market Tops: Many newspaper journalists and television reporters assume that when the market hits new highs on high volume, that this is buying ...
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pipsr4kids replied May 9, 2009Be mindful as a tidbit the Murray Math lines do retrace, if you get a big move to the upside of the overshoot or a big down move of the overshoot. So what I like to do is plot a thick line over both overshoot areas, to help keep a reference of where ...
Trading W/ Smart Money
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pipsr4kids replied May 9, 2009I have a video which I use as reference which is useful in trading VSA. just shoot my over your email addy and I'll send it.
Trading W/ Smart Money
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pipsr4kids replied May 9, 2009Trading w/smart money — I also use murray math lines, which plot support & resistance, oversold and overbought levels.The other indie is the VSA rsi indicator which you plot over the spread indie. So you can see the relative strength of the ...
Trading W/ Smart Money
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pipsr4kids replied May 9, 2009Here are just a few the spread indicator and vsa v4 i use as a indicator to measure the time lapsed on each candlestick. Ill post more
Trading W/ Smart Money
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pipsr4kids replied May 9, 2009Well I'm looking at a Daily chart, I'm looking at the volume,spread and closing price. If, I notice that the spread is low and the volume is low on a down move on the daily chart, I know that the selling pressure is slowing, so I would be looking to ...
Trading W/ Smart Money
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pipsr4kids replied May 8, 2009Trading w/smart money — Well, I entered basket trades on that EUR/USD & USD/CHF at the price of 1.3362 long on the EUR/USD and 1.1302 on the USD/CHF. So far I'm sitting on on 420 pips profit total for the account. This is one of my smaller ...
Trading W/ Smart Money
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pipsr4kids replied May 6, 2009Basket Trading EUR/USD & USD/CHF — STILL IN THIS TRADE..
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pipsr4kids replied May 6, 2009Basket Trading EUR/USD & USD/CHF — This is the corresponding move I'm trading on the basket trade, just going long eur/usd and short usd/chf, the opposite from my previous trade which I've posted. Looking to make around 130 pips total for ...
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pipsr4kids replied May 6, 2009Trading w/smart money — Ive opened a basket trade of eur/usd and usd/chf still following daily chart.Closed out all positions.
Trading W/ Smart Money
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Trading W/ Smart Money
Started May 5, 2009|Recycle Bin|286 replies
I've been trading utilizing a method called VSA or volume spread analysis which I've learned ...