all this food talk is making me hungry.... Since the 30M 50ema has contained price topside since Feb. 10th. until we close above it, it's just a useful entry exit point as we move down the channel (my prior chart). If we breakout, then it will put ...

vsa with Malcolm

1350 is current resistance, but actually we could go to 13535 and still bounce down. that's my 1H TL breakout point for a larger move up. We're within striking distance of the 76.4% retrace of the 08 crash on both the S&P and DJ, coinciding with DJ ...

vsa with Malcolm

nice thread — Here's a decent MT4 VPOC indicator, in case anyone here might find it useful. (if you only want the POC, VPOC levels to use in conjunction with other MP tools, just set the histogram colors to none) cheers, Fudo

Auction Market Theory and Market Profile

Agree. Here's my simple view. as long as we don't close below 3380, EU remains bullish. 3423 was the support test nearly to the pip. Once we gain some upside momentum, 3680 seems like a reasonable target. Longer term, a close above 3800 is more ...

vsa with Malcolm

There seems to be confusion on both sides of the aisle. VSA is a volume/candle analysis method based on the work of people like Wyckoff that Tom Williams repackaged. It's not an indicator. Williams is a software saleman. But you don't need to buy ...

vsa with Malcolm

1. These stats are useless. First, because each brokerage uses different internal accounting methods to establish their totals. (and Oanda is using a very different accounting method. It's completely illogical to believe that their percentages would ...

Dukascopy

nicely done. 2AM here so giving this leg a pass. AU, nice bread and butter trades this week Asia session. Be back then. good luck w/ your trade!

Cable Update (GBPUSD)

lol... R2 holding up the train here. Good place for me to close for the moment. Reload on pullback or may catch some zeds... been going since Asia. Daily TL break significant. More fun tomorrow!

Cable Update (GBPUSD)

5700 Updated chart / London close, let's see what she's got.

Cable Update (GBPUSD)

above 5655 resistance and 5700, I have 57629 give or take a few pips.

Cable Update (GBPUSD)

Hi Tau! Hope you had a fun holiday I agree we're still in Bull territory. If we get under 5530 then I'll change hats. Still waiting on MPC before putting any serious positions on though. That should determine Sterling direction for the mid-term. ...

Cable Update (GBPUSD)

lol...it could be a diversion. Monthly Pivot is key. If it doesn't hold will close my long. Trade Balance didn't help the cause. Let's see.

Cable Update (GBPUSD)

current chart — long.

Cable Update (GBPUSD)

cool. My Daily Open is based off 5:00PM EST so is currently sitting at 5600. So far WS1 5655 holding, if we get back below the MPP, we'll probably test 5530 again. Was looking for confirmation candle on the ascending wedge. If we get a decent pin ...

Cable Update (GBPUSD)

I'd be careful up here. We could drop if WS1 holds. Smack up against it and R1 now. Don't know what rollover you're looking at, but we're above the Daily Open, DPP, WPP, MPP, Monthly Dynamic Balance Point and currently testing Daily 50ema. That's ...

Cable Update (GBPUSD)

I have an off topic question about objects. I want to change a level line in an indicator from drawing across the chart to just drawing from the current candle to the right hand side of the chart. (like the "open" and "dpp" lines in the sample ...

How to Draw Objects ABOVE chart?

mate, well done! it's nice to see someone actually trading around here rather than calling near SR levels to amaze the newbies. yes...lol P... GY 12/20 chart, direct hit. will toss up revised chart before things start up again on the ...

EURUSD

Sure, MBT did it. I remember when they started working on it and how long it took to get out of beta. I can't comment on FXOpen's status as a true ECN STP broker since I have no personal experience trading with them. There are a few brokers claiming ...

Dukascopy

MT4 is programmed for deal desks and has other issues to convert it for true ECN execution. Check out this MBT video. It took them a long time to get their MT4 functional. I can understand why DukasCopy may hang it up. MT4 is not a value add for ...

Dukascopy

The 3093 Daily S1 pivot, MM 2/8 reversal line, 30M channel bottom, and Daily 200SMA all lined up at the same point. .

EURUSD