Spot on with this one! Tom William, in the TG signals description, says that when see supply coming in, we have to pay attention to the next moves, if SOS or sow appears. In that case, the supply was bring tested and, more important, as ...

vsa with Malcolm

Hi arkpip. Actually what the COT data is showing us is that the cad futures will strengthen. We read this noting that the commercial are the most net long in near history. This positioning is telling that if they start to close their long ...

vsa with Malcolm

Well.... it went up... back to the board!

vsa with Malcolm

I was surfing the web looking for things related to trading(yes, I am a trading geek! :-) and come across Gail Merce. I didn't know her but she uses VSA as well, with a couple other indicators. She has an article(and also a book) talking about how ...

vsa with Malcolm

I am looking at UC. The 4hr chart shows a clear distribution area, as below: image The 1hr chart, she's already fallen from the supply level: image And the COT data also corroborates a fall in the pair: image Today we have CAD employment data, ...

vsa with Malcolm

I am here!! Thanks to remember me!! :-) Yesterday night(my time), I was watching UJ, 1hr chart, making a breakout from a bullish wedge(or whatever it is...). I thought to go long but decided to wait until today today's morning but, when I went to ...

vsa with Malcolm

Now we know why AU and AJ was treading water yesterday. As SD pointed out, there was good SOS, I entered a long but after hours only waiting, I closed the position. They was waiting for the news and yesterday, they took time to test and shake people ...

vsa with Malcolm

I would say yes. A no supply bar closes on the lows and, if it closes off of its low, than that will be a test, that is a mark down to attract(test the market if there are more sellers or not) sellers. If they do not sell, than the price bounce ...

vsa with Malcolm

Shake out on UJ, on the 15min chart: image Let's see if it has more legs up.

vsa with Malcolm

Took 2 shots on longs today on EJ. One, for a loss of -11 and the other for +28. All in all, good trade. EU was also great, but I was watching cable(again) and, after a long time of waiting, took a long and made my yesterday's loss back and plus ...

vsa with Malcolm

I also like EJ to the long side. here is a 4hr chart: image The blue lines make more sense in a 1hr chart, that is where they come from.

vsa with Malcolm

AU bullish is very interesting indeed, because buying after RBA rate cut is counterintuitive.... That is the way the SM operates! Will keep an eye on AU too. Thanks!

vsa with Malcolm

I was completely wrong about cable. Sorry for that. There was a news about business sentiment in US yesterday and today there was same stores sales number from UK. Quite bad, by the way.

vsa with Malcolm

Would like to say 2 things. 1st: again, congrats to IEB for the viagra based EJ trade! 2nd: I was watching EU and EJ also for a long, all day long. I knew it was waiting the news(Germany factory orders). Now is the s&#t thing. Germany ...

vsa with Malcolm

That's a good question! I think the best way to think about this irregular UT is as an effort to rise, because the high volume and the bar being an up bar. But the fact that it closed off the highs, shows that there is still some supply ...

vsa with Malcolm

Cable showing wishes to go up. 15min chart: image

vsa with Malcolm

Congrats on your EJ call! Seems to be going your way!

vsa with Malcolm

Ah! Just another comment. Do not fall in the trap of "prediction". It is very dangerous because in the very moment you say "I will predict GU next move", than you lost the flexibility to go with the market wherever it wanna go. Trading is all about ...

vsa with Malcolm

about the AJ move, I would like to add my 1cent on this one, using SD charts(infringing copy rights here! :-) It is also in hindsight but it is highly valuable to input it in our minds for next time we see it. Anyways, the point I would like to ...

vsa with Malcolm

It seems your trade was ok. How was it?

vsa with Malcolm