here Intel

vsa with Malcolm

I don`t think gavin`s triggerline is good here, because that was a breakout (1.35) and I think testing that is next step.

vsa with Malcolm

Tom Williams ‐ VSA Principles Signs of Weakness SOW SOW – Principle 1 Up‐bar on a narrow spread, close middle or low, volume very high or low. Weakness always appears on an up‐bar because professional selling has to sell into a surge of buying. The ...

vsa with Malcolm

SOS – Principle 7 Bag Holding This is la variation of stopping volume which has arrived on 2 bars rather than on 1 bar. On the first bar supply was so heavy that professional money was unable to absorb all the stock dumped onto the market. This ...

vsa with Malcolm

Yes. I think 1.3380-1.34 is the level where we can expect NS (or breakout), and it is monday (usually low volume day), so good chance for that NS in Daily.

vsa with Malcolm

That last green candle had some volume in it, so it must be selling, because price came down after that, or what?

vsa with Malcolm

I don`t know if it is good idea, but surely it looks weak, and I don`t say it will go down or up, but I think looking for short setup`s should be a good idea when trend is down.

vsa with Malcolm

EU-Daily x 3 (period converter) If these volumes are right, EU really looks weak.

vsa with Malcolm

EU-M15 Have a good weekend.

vsa with Malcolm

Better not to believe nothing, let charts tell to you if trend is up or down.

vsa with Malcolm

I agree, just take longs when trend is up. Now it is down ewerywhere.

vsa with Malcolm

But on the bright side, it`s a small price to pay to be a better trader. Good lesson in long run if we don`t forget it, I believe.

vsa with Malcolm

That is a very good advice. Volume is like confirmation to that what you are seeing.

vsa with Malcolm

I believe many others did that mistake too. When I saw ND`s and other signs, I was thinking: Yes, but it is bullish and it must be something else...

vsa with Malcolm

Okey, I have to agree, your trade was bad. I too added 6 notes to myself.

vsa with Malcolm

Actually, if you watch last 3/4 bars, volume is increasing, so maybe there is no support and that is why it don`t need much effort to move down.

vsa with Malcolm

That is not bad. I allowed my judgement to get clouded by rumours and have been watching bullish EU all week. Lesson learnt, just trade from charts. That works.

vsa with Malcolm

EU-H4

vsa with Malcolm

EU-Daily

vsa with Malcolm

That looks like price is gonna go up?

vsa with Malcolm