In the attached chart, I found one entry point based on VSA principle. It was a down bar with volume less than the previous two bars. However, the entry seems to be too late. Can anyone find an earlier VSA entry point on the chart ? image

vsa with Malcolm

Retail sentiment can sometimes be used as contrarian signal. Yet it's not consistent.

Real Volume Indicator

Hi Jen, Your entry was before the big reversal bar. What's the reason for the short trade at 1.82525 ?

Price Action and Trading Discussion

Great set up !

Price Action and Trading Discussion

Hi DNB, Your thread is great. Your price action analysis is clear and easy to understand. I believe price action traders at different levels can all benefit from it. Here I have couple of questions about your "retracement entry". Do you go to a ...

Simple, Powerful and Effective Price Action Trading Strategies

Hi Proximus,Your advice makes a lot of sense. I find it very valuable. Thanks ! Looking forward to more input from you.

Cycle measurement: the easy way

Generally don't look for S&R on charts less than M5. You can look for S&R on M15 and above. If you find S&R on M15 you can mark it on M5. S&Rs on higher timeframes are more powerful. S&R on daily and weekly charts can be very powerful.

A little help with PA and S&R, please

Exactly. I cann't agree more.

Real Volume Indicator

Hello Jen, About the pink bands on your chart, is it an indicator or you draw the bands on the chart ?

Price Action and Trading Discussion

Hi, Anyone can help on this ? In old verion of MetaEditor, you can search for help easily. However, in the new MetaEditor, search doesn't work. For example, if you want to search for explanations for OrderSend(), you input "OrderSend()" in the ...

Learn New MQL Coding

Thank you nollej for your answer. Now I understand. Looking back at it, it's actually pretty obvious. I wasn't thorough enough in studying the chart.

Ramblings of a Forex Junkie

Hi SP, I benefited a lot from your great thread. Here I have a question. From the charts you posted, it looks that you don't take a trade everytime price approaches the critical levels (weekly close, previous day high/low, etc). How do you determine ...

Ramblings of a Forex Junkie

Hi doriotcapita, Could you please elaborate on why you would not take that trade ? I'd like to know. I like your strategy and I've taken some trades similar to this one and they failed. Thanks

Trading from an Experienced and Successful FULL TIME Trader

Seneca pilot, I find your rambling more valuable than 90% of trading books. I'm following your rambling closely. Thanks for this great thread !

Ramblings of a Forex Junkie

I find volume analysis very effective with stocks. In fact I cannot trade stocks without volume analysis. However, I'm not so sure about applying this technique to forex. My concern is that, the tick data of MT4 is broker specific and it only shows ...

Does 'volume' of MT4 show the tick volume of the market?

Hi FerruFx, The question is, does it counter the ticks of the whole forex market, or only the ticks at the retail broker ?

Does 'volume' of MT4 show the tick volume of the market?

Hi Sonicdeejay, Thanks for sharing this great system. One question, what if the three-leg-wave pattern develops outside the trading time range (before UK session), yet during UK session the stop order based on H/L of the wave is triggered ? Is it ...

Sonic R. System

Hi mcs, My question is not about the EA. It's about the indicator. Your indicator inv_has_quick works great. However, it does not display in strategy tester. Can you please fix it ? Thanks in advance pooh

Invictus

Hi doriotcapita, Your system is great ! Thanks for sharing. Just one question: what are the three indicators in your main chart, I mean the ones that show color bars, two-color moving average and dotted/ solid lines ? Thanks in advance pooh123

Trading from an Experienced and Successful FULL TIME Trader