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  • #14,601
  • Aug 18, 2014 4:43am Aug 18, 2014 4:43am
Quoting EmptyBrain
Well I think that Resistance level is at 1310, support level is at 1296....do you guys agree???
to me main upper problem is a clear break of 1305.42
  • #14,602
  • Aug 18, 2014 4:56am Aug 18, 2014 4:56am
1310 will likely be hit…. 1306 area could be a roadblock and can range 1300-1306 until a nice jump toward 1311ish.

And yeah like CT i think we're going to be ranging around here for quite a bit… maybe end of week big jump to 1327-1330 area…. But for now best to play range and fade any explosive moves in any direction.
  • #14,603
  • Aug 18, 2014 5:01am Aug 18, 2014 5:01am
Quoting ClockTrader
{quote} Looks like this is going to circle 1300 for many days. {quote} 1310 looks achievable to me.
ClockTrader,
Hi,
It seems your main strategy is according to Volume Spread Analysis, would you give me some advice on learning that and the best source to study?
Cheers
  • #14,604
  • Aug 18, 2014 5:02am Aug 18, 2014 5:02am
after a daily support test,my opinion usually doesnt stay by the daily support for long,max 72 hrs will fly high due to some kind of news...as usual
  • #14,605
  • Aug 18, 2014 5:15am Aug 18, 2014 5:15am
Five waves Cycle completed,Target is 1350$ sooner or later no problem
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  • #14,606
  • Aug 18, 2014 5:18am Aug 18, 2014 5:18am
Quoting Kouroushi
{quote} ClockTrader, Hi, It seems your main strategy is according to Volume Spread Analysis, would you give me some advice on learning that and the best source to study? Cheers

  1. Google
  2. There are a couple threads here dedicated to VSA


You would need to practice VSA for a couple of years before jumping to any conclusions. You can't learn how to trade Forex in a school, it comes with practice and patience. People would be happy & ready to spend 5 - 10 yrs on a degree + research, but, Forex, most will say No No..

There is no quick way I could point you to..

Hello World!
  • #14,607
  • Aug 18, 2014 5:21am Aug 18, 2014 5:21am
Quoting ClockTrader
{quote} Google There are a couple threads here dedicated to VSA You would need to practice VSA for a couple of years before jumping to any conclusions. You can't learn how to trade Forex in a school, it comes with practice and patience. People would be happy & ready to spend 5 - 10 yrs on a degree + research, but, Forex, most will say No No.. There is no quick way I could point you to..

Decent advise. I like the part when you say "people would be happy to get educated but, no one wants to learn!"
Gagz
  • #14,608
  • Aug 18, 2014 5:23am Aug 18, 2014 5:23am
Quoting ClockTrader
{quote} Google There are a couple threads here dedicated to VSA You would need to practice VSA for a couple of years before jumping to any conclusions. You can't learn how to trade Forex in a school, it comes with practice and patience. People would be happy & ready to spend 5 - 10 yrs on a degree + research, but, Forex, most will say No No.. There is no quick way I could point you to..
Quoting MCube
{quote} Decent advise. I like the part when you say "people would be happy to get educated but, no one wants to learn!"
By Learn I mean, Practice & Patience!
Gagz
  • #14,609
  • Aug 18, 2014 5:33am Aug 18, 2014 5:33am
If you want to learn how to trade the 1st quotation is always why the price did that and why the price moved like that and why it stop here and why and why and why its the big why and you need to master THE
(((( WHY )))) 1st

Senior Trader Multi-Account Manager
  • #14,610
  • Aug 18, 2014 5:46am Aug 18, 2014 5:46am
How long will this last hahaha . Im bored and found an old Aussie band and come across this tune .


Inserted Video
  • #14,611
  • Aug 18, 2014 5:49am Aug 18, 2014 5:49am
Quoting lorix
If you want to learn how to trade the 1st quotation is always why the price did that and why the price moved like that and why it stop here and why and why and why its the big why and you need to master THE (((( WHY )))) 1st
Once you have learnt and practiced VSA with key hrs on M15 - Daily time frames, you get most of the answers.

Quoting MCube
{quote} {quote} By Learn I mean, Practice & Patience!
:-)
Hello World!
  • #14,612
  • Aug 18, 2014 6:08am Aug 18, 2014 6:08am
Quoting heispark
Critical moment....... Time to hunt.
Doesn't look have much momentum today......
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #14,613
  • Aug 18, 2014 6:57am Aug 18, 2014 6:57am
The pressure is mounting. Something's going to blow in the next month or two imo.
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As the lights go by so too do the shadows move
  • #14,614
  • Aug 18, 2014 6:59am Aug 18, 2014 6:59am
yeah bb down down
Senior Trader Multi-Account Manager
  • #14,615
  • Aug 18, 2014 7:02am Aug 18, 2014 7:02am
Nothing interesting today by far, hope some direction by 12 pm, I'm quite hopeful..
Hello World!
  • #14,616
  • Edited 7:37am Aug 18, 2014 7:26am | Edited 7:37am
Standard sell off for gold and silver there… u know how they do, always beating em down, lol


That should be it though, and USD/JPY should have topped out here for remainder of day.

1296 support- back to 1305-1311…..
  • #14,617
  • Aug 18, 2014 7:39am Aug 18, 2014 7:39am
by the way,numerically 1297.04 is todays support.....but fridays support is still intact.......the daily support is hard to be broken,breaking it is a disaster south
  • #14,618
  • Aug 18, 2014 7:44am Aug 18, 2014 7:44am
Just closed my short at 1297.77 from 1303.09
flat again (",)
Senior Trader Multi-Account Manager
  • #14,619
  • Aug 18, 2014 7:45am Aug 18, 2014 7:45am
Quoting ClockTrader
{quote} Once you have learnt and practiced VSA with key hrs on M15 - Daily time frames, you get most of the answers. {quote} :-)
I want to learn would you give some tips???
  • #14,620
  • Aug 18, 2014 7:51am Aug 18, 2014 7:51am
Quoting Ck87
Standard sell off for gold and silver there… u know how they do, always beating em down, lol That should be it though, and USD/JPY should have topped out here for remainder of day. 1296 support- back to 1305-1311…..

i Think you know the Black Magic
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