Remaining Objective — I have noticed something interesting in the last hour as I analyze the 5m chart using VSA while I am holding my short position. I find myself ignoring information that could be used to present the case for a move up, or ...

JJ's Journal

Short EU - 5m Chart — Short EU Entry: 1.4117 Stop: 1.4137 Target: None, will be watching VSA and trailing stop above pivots. Will move stop to BE if 4100 handle is breached and we get a close below. Reason: 5m chart had an upthrust on high ...

JJ's Journal

I think the volume picture is pretty clear on this 5m chart. Before we broke through the daily triangle earlier, the volume has been higher on up moves and lower on retraces. Then we got a huge upthrust that I believe was a fake out to sucker late ...

JJ's Journal

It looks like the extremely high volume wide spread up bar closing near the lows might have been smart traders liquidating into the highs before the markdown phase begins. We now see a push through the mid pivot confluence on slightly higher volume, ...

JJ's Journal

Ultra high up bar volume with a wide spread bar. Is this professional money liquidating into the highs, trapping people into bad long positions taken on the basis of a possible triangle breakout on the daily?

JJ's Journal

So now we have the highest volume of the day on up bars, and then we have a big volume rejection type bar that tried to move up through Weekly and Daily mid pivot confluence and got rejected, again on the highest volume of the day so far. What kind ...

JJ's Journal

Now we having rising prices on falling volume, which is considered bearish divergence I believe.

JJ's Journal

Wanted to post a 5m chart with some observations, for me to remember when I am looking back at my posts in the journal. 1 - EU 5m chart, price bounced of the confluence of daily pivot and weekly R! several times before a high volume spike broke ...

JJ's Journal

If you don't mind me asking, what time frame do you usually trade these hammers and walls off of? Just to clarify, I mean when you trade manually, I noticed you said the indicator is looking for these across all time frames, but when you do it ...

Exceptional day, will it continue ?

Price has pushed down through the Daily Pivot, retested and failed, and then a big push down through the Weekly Pivot / 3950 psych confluence area. If I was in the correct mindset I would stay at it and look for a retest and rejection of that 3950 ...

JJ's Journal

Short EU - 15m Chart — Short EU Entry: 1.3964 Stop: 1.3984 Target: None, will be watching VSA and trailing stop above pivots. Reason: 15m chart had a Pseudo Upthrust bar up to the Daily R1 Mid Pivot. All day long we have been stuck in this ...

JJ's Journal

Another note on the EU 5m chart, notice all the tests for supply followed by up bars closing near the high, which are confirming strength is still present. I'm still a little unclear on the whole VSA idea, but it seems like maybe this is a ...

JJ's Journal

15m EU, a down bar with a higher high closing lower, following an up thrust bar, indicates possible reversal coming. Interesting to note this bar had two signals given, a Possible Reversal bar and Upthrust Bar. Not a trade I would take, it happened ...

JJ's Journal

EU 15m chart. A pseudo Upthrust Bar followed by a Down Bar closing near the lows, but it was on equal volume (actually I just notice the volume was not equal, is was lower than average volume on the down bar), I need to read a bit and see if the ...

JJ's Journal

EU 15m chart. Daily Pivots are based on futures high/low/close with a day ending time of 7AM Tokyo Standard Time (which I believe works out to be 16:00 AM Central Standard Time, the closing of the CME electronic trading day of futures). In my study ...

JJ's Journal

I think it won't matter too much how you present the material, if somebody is not at the right place in their journey then they are not going to listen. Just put it out there and those who are ready will benefit, those who are not will get there ...

Giving Up

I have read about smart money in the stock exchanges gapping up over or under resistance, I had never seen it happen in a cash forex feed, but I just noticed a gap up on a 1m futures chart up over the weekly pivot, while none of my live cash forex ...

JJ's Journal

I have many thousands of live trades over the past 10 months, many of them on the 1 ad 5m charts. The indicator is the thv info panel, you can find it in the THV thread in system discussion.

Giving Up

Thanks for the kind words everyone. I removed all the indi's off my chart and added the monthly, weekly and daily pivots as well as sweet spots. What I see makes sense and is comfortable to me. I can look back at this last week and see the areas ...

Giving Up