Hello fellow traders, any1 manage to caught the crazy upmove for EU? It spiked up and my TP got hit when i was taking a shower. But we might see supply coming in now in an area of supply. Maybe a good opportunity to short but there's ...

vsa with Malcolm

Price just broke past the 61.8 fib. Looking for it to hit the most recent swing high for TP!

vsa with Malcolm

We see UH volume on down bars indicating strength. After EURO news there's a NS candle, once price breaks through it, it skyrocketed. Seems like attempt to pushthrough resistance too. In for LONG. Looking at the Fib levels to see if there's any ...

vsa with Malcolm

Was gonna post a setup on this lol. There's an attempt to markup the price to breakthrough the resistance. But that could be also due to the hongkong open. Might be a start of accumulation. Looking for signs of weakness on fib levels.

vsa with Malcolm

Background is accumulation. Entered long after the closed above the NS candle. However, we're seeing supply coming in from the 61.8 fib level right now.

vsa with Malcolm

There seems to be demand coming in right now, waiting for more confirmation on a No supply candle

vsa with Malcolm

The stop loss feature is there for a reason. Unless yours risk % and lot size is very small, it might be possible to trade without stop loss. But without stop loss, all you need is a huge impact news if you're trading with a high risk % to blow away ...

Trading without stop loss

I believe Smart Money, aka banks, hedge funds etc knows where most stop losses are which is where they tend to push prices in that direction only to reverse afterwards. Based on VSA principles anyways.

Do you believe brokers hunt your stoploss