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- joaoborras replied Apr 29, 2013
For the JCPenney, maybe that UHV down bar was him buying... or he will be selling a bunch into the rising prices... :-)
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- joaoborras replied Apr 29, 2013
I relate to you with the entries thing. For me too, I feel very difficult to entry after the move started. I do prefer to entry very near the top or bottom. The best entries are tests or low volume bars back into high volume areas. Today I tried a ...
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- joaoborras replied Apr 29, 2013
Brief comment. Euro and aussie responded very well to the VSA signals. It is really an amazing tool. Now I have to learn how to profit well from it! :-) Notice that eurusd move more than 90 pips from the SO of last week. Interesting, indeed.
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- joaoborras replied Apr 29, 2013
I do agree with that HV bar. I also was thinking the best way to interpret it. Here I try to make a case for an absorption process that took place. image Let's see what happens.
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- joaoborras replied Apr 29, 2013
Here is my view on this one(15min chart): image Bar 1 is a HV up bar(SOW). The subsequent price action does not violate the lows, and is also with HV(bar 2), showing buying is coming in. Bar 3 is today's Asia. HV(relatively speaking) on a down ...
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- joaoborras replied Apr 29, 2013
Euro still showing strength.... Here is a 15min chart: image But we have to break this resistance area on the 1hr chart. image If she breaks out there, 1.3250 and 3300 become possible, as SD said. And right now, eurusd is testing the Asian ...
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- joaoborras replied Apr 25, 2013
Alireza, price fell hard from that 2 bars. It was, really, weakness there! So this up move could be a bit of up thrust before continues lower.
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- joaoborras replied Apr 25, 2013
a bit longer term view for cable. This is a weekly chart: image Remember that COT data is showing a very bullish picture for sterling. If euro really dumps, we can see a capital flow from euros to sterling, fueling this up move. Also, with ...
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- joaoborras replied Apr 25, 2013
Al Brooks has a course in PA? how much is it? Was worth to take? By the way, Sebastian Manby's works are really very nice to study. Nice, we went to the same path! :-)
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- joaoborras replied Apr 25, 2013
Sorry but I have to post it! Firs time in my life!! 96 pips in 10 secs! :-) yes, in cable. Here is the 15 min chart: image I think it makes sense because cable is bullish, mid to long term, as per COT data. Well, even if it was only luck, it is ...
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- joaoborras replied Apr 25, 2013
yes! Steve Nison and Bigalow, right. I tried to read Al Brooks' 1st book but can't go beyond the first 10 pages!! :-)
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- joaoborras replied Apr 25, 2013
No, I didn't studied with Todd Krueger but I do subscribe his free newsletter. I studied with Chris Lori and TradeGuider, among others but they are the main(and, of course, all the crap out there as well! :-). Also, I read everything from Sam ...
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- joaoborras replied Apr 25, 2013
Some areas to look at in the euro. 1hr chart: image The push up this morning could be a fake move, to hunt stops or induce buying so the SM can sell into it. Cable did the same. Update: just saw SD talked about the SO in previous post. Sorry!
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- joaoborras replied Apr 24, 2013
Thanks for your kind words! It is very encouraging.
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- joaoborras replied Apr 23, 2013
Hi SD, Ok, hands down for the accumulation case! :-) I do agree with your analysis and can see I was reading only half of the story. The points about the tests and how price reacts at the highs/lows/closes of UHV bars are integral part of VSA. ...
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- joaoborras replied Apr 23, 2013
Yes, that's true. But, in the short term, a case can be done for accumulation, as we see buying pressure any time the price falls. Here is a 1hr chart. It is compressed but all marked bars are down bars. image But, for the short side case, I ...
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- joaoborras replied Apr 23, 2013
Nice! Seems I missed this part of the background. Thank you to point it out!
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