You're right, better 20 than 200. I decide before I enter how confident I am about the trade. I will tighten my SL sometimes if I think it's justified and I absolutely will not lengthen it (past its original set point)once it's set. In these cases, ...

Trade Using VSA (Volume Spread Analysis)

out at 60 for 35 pips. A total of 61 minus 2 x spreads from GU for today, quite pleased considering the day we've had.

Trade Using VSA (Volume Spread Analysis)

Earlier I was entering if it got past that level, but it didn't make it. The price rose since then and I took a short at 5095.

Trade Using VSA (Volume Spread Analysis)

SL to 75, no signs of going up but the volumes are still concerning.

Trade Using VSA (Volume Spread Analysis)

Second thoughts SL to 85

Trade Using VSA (Volume Spread Analysis)

Well, we have broke that 70 barrier but not with the gusto and almighty towering volume that I'd like...........more of a limp dribble really. SL moved to 80 just to lock some profit in.

Trade Using VSA (Volume Spread Analysis)

You're absolutely right of course. But don't missunderstand me, that is how I normally trade but, I find it difficult to learn when I'm doing that. What I'm doing today and most of this week is for learning purposes not trading. After all, I'm still ...

Trade Using VSA (Volume Spread Analysis)

The M15 looks favourable for ya. Good luck!!!

Trade Using VSA (Volume Spread Analysis)

theres the retrace, hope we can gather enough volume to break thru the 70 zone now

Trade Using VSA (Volume Spread Analysis)

Yeah much better opportunities elsewhere. If I wasn't trying to 'learn' how GU behaves, I wouldn't be here either!!!!!!

Trade Using VSA (Volume Spread Analysis)

Its not been easy today, haven't made much.......haven't lost any tho

Trade Using VSA (Volume Spread Analysis)

Might see some absorbtion in the low 70s causing a small up move.

Trade Using VSA (Volume Spread Analysis)

SL to BE, the volumes are quite low.

Trade Using VSA (Volume Spread Analysis)

Hi tao nice to see you back again. Hope things have gone your way!

Trade Using VSA (Volume Spread Analysis)

my charts are jumping all over the place cos of the disconnections

Trade Using VSA (Volume Spread Analysis)

UT followed by ND with a down swing then small retrace with a lower high, all followed with a down bar. Good enough for me with a tight sl.

Trade Using VSA (Volume Spread Analysis)

I still think now (5095) is a good short entry

Trade Using VSA (Volume Spread Analysis)

I agree, thats why I put my short entry there earlier

Trade Using VSA (Volume Spread Analysis)

GU will fall also soon

Trade Using VSA (Volume Spread Analysis)

Arrrrrggggghhhhh I keep getting disconnected every couple of minutes

Trade Using VSA (Volume Spread Analysis)