- Search Metals Mine
- neutral replied Sep 29, 2011
There's still plenty of supply at resistance though. It's a tough call if there will be another pullback, but there's definitely still a lot of selling that they may allow the price to fall and try to break through later.
EURUSD
- neutral replied Sep 29, 2011
I'd be cautious with any shorts. The push is to go higher. It may not be on this try, but that's the direction. Make sure stops are in place.
EURUSD
- neutral replied Sep 28, 2011
No doubt, once you have the tools to consistently profit, that's invaluable.
vsa with Malcolm
- neutral replied Sep 28, 2011
Ok thanks a lot. Yeah, I haven't heard great things about the software either. It's certainly not a replacement for learning, and in fact, that's probably where it's value lies. It can help you learn VSA. Thanks again.
vsa with Malcolm
- neutral replied Sep 28, 2011
Are you familiar with the software? Do you need to pay for data to use it, or can it be plugged in with mt4?
vsa with Malcolm
- neutral replied Sep 28, 2011
It seems pretty clear that a drying up of supply is going on. Of course there is always a chance that the push higher will fail, but that's the direction SM is trying to send this pair.
EURUSD
- neutral replied Sep 28, 2011
Failed test on the 30min at the recent highs. We may bounce around a couple more times, but the attempt was to push higher, so I think we are still seeing supply being cleared for a push higher. But opportunities to profit from these swings.
EURUSD
- neutral replied Sep 28, 2011
Hmmm... My bias is still long but wouldn't be surprised if we didn't break 3650 today. It could possibly set up for a nice test bar on the daily chart.
EURUSD
- neutral replied Sep 27, 2011
I'm being nice, that's why I didn't bring it up. But I remember it well.EURUSD
- neutral replied Sep 27, 2011
If we can close above that level this hour, I think 3718 will be the next area of resistance.
EURUSD
- neutral replied Sep 27, 2011
I think we'll see 3600 again, and maybe as low as 3570, 3550 max. That changes if we break and hold 3650 though. I'd cap a near term bottom at 3600 in that case.
EURUSD
- neutral replied Sep 27, 2011
Supply was tested at 3650 and failed, so my guess is that was the high for the day. I see support at 3600 and 3550-3575 area if 3600 breaks. Still don't see a real case as yet for shorting here unless it's to scalp. gl.
EURUSD