Hi Cindy They are called Reverse Up Thrusts.

Trade Using VSA (Volume Spread Analysis)

The more I think about that analysis the more I think we might see a turn soonish. The Bull market has become so obvious now, everyone and their dog are long GU. Also looking at the daily S&P chart and it looks like its gone into a distribution ...

Trade Using VSA (Volume Spread Analysis)

GU Weekly — Below is a weekly look at GU, I think it provides an interesting picture of what is happening. For the past couple of weeks we have had rising volume and rising prices backed by the equity markets and reflected in increasing risk ...

Trade Using VSA (Volume Spread Analysis)

nice spot yuppie, did you take it? if you sold right on resistance you would have had zero DD.

Trade Using VSA (Volume Spread Analysis)

news — I have been listening to the one BRV recommended url It enabled me to capture a good chunk of that move down on GU

No Brainer Trades

yes, long at 1.5525

No Brainer Trades

Hi MP Welcome to the VSA thread. I have a slight issue with trying to read volume on a 4H chart in FX. I have mentioned this before on the thread. Most of EU trading is done in between 6am GMT to 4pm GMT as this is when the respective markets are ...

Trade Using VSA (Volume Spread Analysis)

No this move was not due to sales data. This was S&P news release. They also estimate gov borrowing to hit 100% of GDP.

Cable Update (GBPUSD)

No S&P ratings negative outlook for UK

Cable Update (GBPUSD)

I was wondering if you still had that long term trade on. Thats huge, I tend to get greedy and keep my stops too tight. Look forward to seeing your D1 stratergy

Trade Using VSA (Volume Spread Analysis)

GU 5m — Here is a trade I took off the GU 5m TF. -Multiple Support lines/Area -78.6% Retracement of the High/Low marked by the Blue Boxs -Price/Volume Divergence -Volume Climax Down bar (white vol bar) followed by an up bar which signals the ...

Trade Using VSA (Volume Spread Analysis)

Yes thats it. Its the Red volume bar on the picture I posted. Lines up with the first purple arrow.

Trade Using VSA (Volume Spread Analysis)

EU — Here where two potential entries on EU this morning. If me missed the intial push up this morning afterwards a Bull Flag formed with Price Volume Divergence. There was a Volume Climax Up bar that broke the flag. This could have been your ...

Trade Using VSA (Volume Spread Analysis)

My programme says the same. GBP and AUD have been strong all day and havent deviated much in their relative strength.

No Brainer Trades

Yesterday was a bit crazy Got out some of those trades way to early in hindsight. But still got to be happy with the winners .

No Brainer Trades

Trade Updates — An update on the potential trades I posted earlier. EU - Long 1.3430 + 52 pips max, DD - 7 AJ - Long 70.46 + 222 pips max, DD - 0 AU - Long 0.7475 + 115, DD- 25 GJ - Long 143.54 + 281, DD - 51 Hope you got in some of them C

No Brainer Trades

Yes, volume in FX is not entirely accurate, tick volume is used instead. eSignal is the best for volume apparently as it takes its prices from 300 different sources. I use IBFX as they takes theirs from a number of banks and is apparently the ...

No Brainer Trades

Thanks for posting this Willowgal. If you follow this link there is a video tutorial and a link to an updated version of the BV guide which I have attached to this post. url

Trade Using VSA (Volume Spread Analysis)

Hey Magnus, Thanks for pointing that out. I have posted a number of charts on the No Brainer thread with areas fo Support and Resistance to look out for next week. Supa C

Trade Using VSA (Volume Spread Analysis)

Hi Porkpie It all really depends on what happens immedialety after these candels. The professionals with test these areas to see if there is further supply in the market. Candles and their Volume should be read in context of what has happend before. ...

No Brainer Trades