The setup didn't materialise. Did you put your stop in the right place to protect yourself?

vsa with Malcolm

An EU short order at 1.3793 might not be a bad idea for a careful trade.

vsa with Malcolm

A 15 minute NS would be nice!

vsa with Malcolm

OK, looking at EU hourly. Losing steam or gaining steam.....what do you guys think?

vsa with Malcolm

EU M15 has printed a SO on less volume than the previous 4 bars and the M30 has printed an up bar on less volume than the previous 2 bars. Maybe less interest in higher prices just yet. We should see what the next few bars tell us.

vsa with Malcolm

Hey, no need to be sorry mate. We all make mistakes and we all can learn from them.

vsa with Malcolm

'Stopping Volume', whats it stopping exactly?

vsa with Malcolm

LOL I've said it a million times, dont second guess the markets. Trade what you see NOT what you expect to see. Hope you didn't lose too much.

vsa with Malcolm

Definately too early for a good quality trade. I personally don't like to guess that an u. wide spread down bar on u. high volume DEFINATELY contains huge amounts of buying. I like to wait for a reversal pattern to emerge. The U. wide spread down ...

vsa with Malcolm

How much will you lose if you dont trade again today? Only take the trade if it's a high percentage trade.

vsa with Malcolm

A couple of important things to note. Your SO closes too near the middle, it is a poor example. The main thing to concern you is the volume on that SO. It is less than the previous 2 bars. This is a pseudo SO and is VERY unreliable, sometimes they ...

vsa with Malcolm

ewokuk Which SB firm do you use? Pros and cons?

vsa with Malcolm

Nicely done my friend. Be careful when using SO/UTs which are not into new ground tho. They can be very unreliable. I see in your example, the market needed 3 of them before price went down. During these times it would not be unusual for SM to mark ...

vsa with Malcolm

When I thought you had written your own material. It reads like you are attributing just the last part to the author.

vsa with Malcolm

Thanks. I will look thru the charts and check. Do you trade this? How exactly?

vsa with Malcolm

Absolutely right. Like I said, shame.

vsa with Malcolm

Shame.

vsa with Malcolm

Come on then, I cant see what all 5 mondays have in common?

vsa with Malcolm

Interesting post Larseg. Thanks for taking the time to write it. The 'low volume' during an up move in a small cap market being missleading part, is not entirely correct in my opinion. Whilst the volume will be low because there simply isn't enough ...

vsa with Malcolm

They will both be valid. But you have to realise that the M5 will produce smaller swings than the M15. The M15 will produce smaller swings than the M30 etc. So if the M30 says down and the M5 says up. Then what is likely to happen is a small move up ...

vsa with Malcolm