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- Intel replied Mar 9, 2011
Again ideal if it is. If the next bar is down after breaking the high of the NS, it could signal trouble. Generally, if you have read the rest of the settup correctly, it will be an up bar.
vsa with Malcolm
- Intel replied Mar 9, 2011
Ideal if it's on higher vol than the first but not essential. The retrace bit....yes.
vsa with Malcolm
- Intel replied Mar 9, 2011
Agreed but, I wasn't advocating a long. I was puting it out there for people to pick the holes in it.
vsa with Malcolm
- Intel replied Mar 9, 2011
Confirmation volume can often be low. The NS doesn't have to be followed by an up bar. It just has to have its high taken out, which the next bar does(when this happens, we don't yet know if the bar will be up or down).
vsa with Malcolm
- Intel replied Mar 9, 2011
I see, thanks for that. The low on my bar is 6212. Price must have been moving quickly at that stage.
vsa with Malcolm
- Intel replied Mar 9, 2011
My highest vol M5 bar has a low of 6212. Can you post a chart please.
vsa with Malcolm
- Intel replied Mar 9, 2011
VSA teacher is an indi to help you identify differing volume levels. The othrs I haven't heard of.
vsa with Malcolm
- Intel replied Mar 9, 2011
Looks like a failed test to me. Expect another test lower in a few bars.
vsa with Malcolm
- Intel replied Mar 9, 2011
GU M5 Theres some heafty absorbtion going on. If you're interested in re-entry, look for NSs and tests justa bove the 6194 area.
vsa with Malcolm
- Intel replied Mar 9, 2011
Usual TP would have hit(10%
) and much more. If anyone is still in this trade, you should have closed when the ultra high volume bar came.vsa with Malcolm
- Intel replied Mar 9, 2011
All correct. Now, who spotted it in real time? It's called 'hidden' for a reason!!!
vsa with Malcolm
- Intel replied Mar 9, 2011
EU M5 Psuedo SO, unreliable. Should break the low of this shortly.
vsa with Malcolm