Been an awesome day for Gold. Bar 1: Massive wide spread and volume. This looks like huge amounts of selling comes in with the tail at the top. Bar 2: Down bar after climatic volume. I shorted the close of this bar. Bar 3: This bar immediately stops ...

vsa with Malcolm

Excuse me Professor Gap, IMO your lessons on confirmation bars are one of the most important things taught on this thread, and probably the least emphasized. Perhaps in the future you could throw some reminders at us? Just a quick chart on gold ...

vsa with Malcolm

Just thought I would throw out my opinion.. 4h is an odd timeframe and you do seem to be doing well with it. I would just say that you may want to consider adding 1h TF into your tool box. Take a look at 1h from March 6th. Massive volume there that ...

vsa with Malcolm

Awesome write up!

vsa with Malcolm

I would have entered in once the ND bars were confirmed. I didnt have time to highlight them, but looking at this chart you will notice there were days in the down move where it looks like strength is coming in. On those days there are NS bars ...

vsa with Malcolm

Unfortunately I have to go to sleep, but a nice 2 bar reversal into major support.. All you need now is a test in a rising market.

vsa with Malcolm

That is a good attitude to have. I wouldnt have considered March 10th a setup. It is in a downtrend so you dont want to take long setups, but you have SOS behind you and you shouldnt ignore that. On your chart March 2nd you have an UT followed by a ...

vsa with Malcolm

People here wont say to much about SL and TPs as they believe they are a personal subject. Which they are.. You will need to figure out what type of trader you want to be then you can go from there. If you are looking for steady income then you will ...

vsa with Malcolm

Yes I am using Fibs for S/R. I stole the idea from another thread, except I dont use his benchmarks. I use his fib levels and how he draws fibs inside fibs. url The original Fib (red) I drew using a swing high/low from monthly chart, then from the ...

vsa with Malcolm

Excellent job of contributing, mima.. oh you go by buytosell these days. ​

vsa with Malcolm

That sucks man, bumping day with the pre NFP. You did pretty well last week and it was crazy with Yellen testifying. Thats something!

vsa with Malcolm

The idea behind Effort to Fall is there is a lack of sellers. In MTM Tom talks about you want to see expanding volume for a move to sustain itself, I don't use Effort to Fall in my trading. My advice is to learn to identify stopping volume and ...

vsa with Malcolm

I can see where you are coming from, the volume on 2/3 and also looks like supply on 2/20. Great chart.

vsa with Malcolm

Effort vs Result in action. NFP is Friday, hoping to see a massive shakeout down into 1.1060.

vsa with Malcolm

I think you are thinking about Effort to Rise and Effort to fall. Effort to Fall is a wide spread down bar on low volume and is considered a sign of strength. Effort vs Results is on page 38 in MTM, here is what is says: If the market is already in ...

vsa with Malcolm

Yup! Your VZA mixed with risk control is absolutely amazing way to trade! I did away with the 50% and I dont go back as far as you do.. Just because I would confuse myself.

vsa with Malcolm

Its struggling at that 50% mark. Youre getting lethal with those 3m PnFs!

vsa with Malcolm

I put a stop in a place I dont think it will be hit, if it gets hit then i was wrong and move on to the next setup.

vsa with Malcolm

If you took the engine off the table, it would sink rather than float?

vsa with Malcolm

If you arent sure you can always mark off the high/low and watch how price reacts. (Your volume feed looks better than FXCM in this case, FXCM the highest volume bar was 2 bars before yours and makes the pair look weak) I marked your bar in white.. ...

vsa with Malcolm