H1 test of Friday's high, successful if we break the high and not the low. Problem is its the wrong time of day. Holding for now, waiting to see if we get a re-test in Asia.

vsa with Malcolm

Real supply or profit taking/absorption? Here's my interpretation, of course open to other views/interpretations. Buying in the background below Friday's close. Then the wide spread up bar on high vol (not really ultra high imo) through resistance ...

vsa with Malcolm

getting better — Today's profit: 0 pips Been fighting off a cold this weekend and woke up late today just as EU was pushing up through 1.36. So how is a 0 pip profit a good day? Well, first off I have made 0 trades, as i did not see any good ...

vsa with Malcolm

quite the move today on EU! Too bad i wasn't around to get in on it. Hopefully it can give some up so i can get in long...we may be at that time as we've hit the range high almost to the pip (and 4/8 MML). There hasn't been any low risk entries in ...

vsa with Malcolm

push — Nice late afternoon push on EU Not far now from Malc and prez78's estimate of 3620 area Very happy with my trade today, but still need to improve my exits, get too trigger happy watching the 5M while in a trade.

vsa with Malcolm

volume is quite low indeed on the daily so far, and being friday not sure how much more volume we'll get with 4 hours left in the trading day. But daily tick volume is not reliable i'm told, so maybe someone with a futures chart would be kind enough ...

vsa with Malcolm

i'm not shorting it was just wondering if anyone was tempted to do it. Where do you get the options information from? Seems like something useful to know.

vsa with Malcolm

anyone shorting the 5M ND on EU? not me. done for the day

vsa with Malcolm

Excellent trade! Closed mine a 3580 on the break of what looked like a failed test on the 5M chart. +60 for a Friday, can't complain! Have a great weekend!

vsa with Malcolm

Essentially yes. UT are signs of weakness and are generally seen near tops, but can also indicate downtrend continuation if seen in a down move. Shakeouts are signs of strength and seen near bottoms, can also indicate uptrend continuation if seen in ...

vsa with Malcolm

what is that? — how would you interpret this bar? even on the 5M it looks confusing to me. i'd say this looks like a shakeout, but it's not really in the right place. Maybe a test because it does print a higher low? guess we'll have to wait ...

vsa with Malcolm

My 2c for what its worth. Wasn't sure of that bar either, so went down to the 5M. There is selling at the top for sure, as noted by the compressed upbar on ultra high volume, followed by the hidden upthrust. However as it came down we got what looks ...

vsa with Malcolm

i think we will, squat bar on the M5

vsa with Malcolm

curious...how are you coming up with 3627? closest i could see on my chart around there is the close on 11/11 at 3620. I think 3577 will be to watch as well as that is the 50% fib level of the entire down move. and 3672 is major MML S/R level.

vsa with Malcolm

Yes! I'm on the same page as Malc!

vsa with Malcolm

NY testing — Did we just see the NY session testing of yesterday's high around 3520? Shakeout on the M15, and M5 strength as shown on attached chart, ultra high vol on smaller spread closing in the middle followed by upbar and subsequent test. ...

vsa with Malcolm

nd? — would like to see comparison charts of H1 for volume purposes please. Check my attachment, last H1 bar looks like ND on FXCM demo (left), but on live acct (forex.com - right) volume is higher than previous bar. My esignal feed is showing ...

vsa with Malcolm

so true, left the eurusd thread a while back as there was too much nonsense going on there.

vsa with Malcolm

back on the charts, what a day, to bad i missed the entry earlier On the H1 that down bar is a test - down bar closing on the highs with low volume. If i'm not mistaken, the test is confirmed upon break of the high and that would be where your ...

vsa with Malcolm

Thanks! now i'm concerned as i check my live acct and fxcm demo acct and that bar you have as UHV is actually the opposite on both my broker feeds (half the volume of the previous 3 bars with my live acct feed). Turned to my ForexCharts feed from ...

vsa with Malcolm