Coming into an interesting price zone pre-Frankfurt... Looking for fireworks to go down soon.

vsa with Malcolm

HS= head and shoulders DXY=dollar index

vsa with Malcolm

If too many people(particularly retailers) are playing the HS on DXY or EURUSD it'll go the other way and we'll blast beyond 1.3850, look at October. On another note DXY has kind of gone parabolic in the last 24 hours.

vsa with Malcolm

...

vsa with Malcolm

It's after London close, volumes generally thin off then. But yes, it is something to pay attention to.

vsa with Malcolm

I'm seeing no supply here. Think we're bottoming off here in the 80-90 region and headed back up through yesterday's highs. Haven't seen any signs of big distribution over last 24 hours. And note we had tons of accumulation over the last week...

vsa with Malcolm

My cycles are bullish till early March, we're in a bear market rally. We could top off early though.

vsa with Malcolm

Looks like we'll be having decent stops to hit on the way to 1.41-1.42.

vsa with Malcolm

The NS today looks sweet. My first VSA trade, gonna stay up till we break 1.3640, then put stops at BE and add more.

vsa with Malcolm

sweet dude, i got long off 1.3540 too. looking pretty good so far, hopefully we get daily close above 1.3600, would be good looking daily candle.

vsa with Malcolm

Target — I'm thinking October high, ~1.41-1.42 region is good. Assuming we've bottomed off today on the retracement, good chance we did.

vsa with Malcolm

I have serious doubts that aussie or kiwi has topped. EURUSD has still held a 3/8 retracement, we could see a rapid continuation of the trend. Counter-trend moves can last 3-4 days. The high vols in Thurs, Fri on EURUSD are really something. As malc ...

vsa with Malcolm

nice inverted HS on M5, look at dropping volumes on M15 on the way down on right shoulder.

vsa with Malcolm

eh the movement on EU in since Thurs has mainly been on eur strength/weakness rather than usd strength/weakness. just look at euro versus aussie, cad, yen. the european currencies are mainly the ones moving versus everything else, sterling, euro, ...

vsa with Malcolm

100% tax on Americans and we can't balance Federal budget? BS

vsa with Malcolm

Well to be honest, I'm in the group that the rally in US equity markets has been a bear market rally. My long-term target for the DOW is below 2,000. We have seen less than 10% of the financial crisis. On the issue of the US dollar crash and ...

vsa with Malcolm

During that period, yes.

vsa with Malcolm

On another note, the EURUSD SSI from FXCM is at -1.90. If we really did make an important top in the euro on weds, we would have seen more retail(sucker) money buying the euro. I've been trading using SSI for over a year, and retail money never ...

vsa with Malcolm

% movements from the start of the period.

vsa with Malcolm

yes but carry trades always blow up when markets are spooked

AUD/USD