Wow! all SOS in eurusd negated in 15 min! :-) Unless it is a gigantic stop hunting. News? Anyone said some BS out there? image

vsa with Malcolm

The thing for absorption volume is that it has to be breaking a high or low. This is the premise that we have to look for to start thinking if the bar is absorption volume. If it is not a breakout/breakdown attempt, then is better to not think about ...

vsa with Malcolm

Just noted that yesterday was a test in the daily chart: image If this test succeeds, than eurusd can visit very higher levels, despite all the bearish tone out there. Interesting to see how this week unfolds.

vsa with Malcolm

And also for euro. image

vsa with Malcolm

Some SOS coming in in cable, 15min. image

vsa with Malcolm

Hi anyone! You are kidding, right? :-) Your trades are really good! You always show big runs in your trades. Which pairs was you trading today? Cheers!

M&W-Trading

Thank you! I also agree with the subjectivity of the trend definition. Will keep reading the thread and the lessons in your site. Cheers!

LJ Forex Group

Lovejoy80, I am reading the thread a bit at time so, if this question was already answered, please forgive me. The question is if you use the trend on some significant time frame to filter out trades? For example, if the 1hr chart is giving higher ...

LJ Forex Group

That's cool. As HG told me, if you stick to your trading idea, a loss is not really a loss. GJ is coming around a resistance area now. Maybe another short opportunity arises from here. image

vsa with Malcolm

yes, I also think that writing down my thinking helps me to fix it and be honest with myself, i.e., trading what I am seeing. By the way, where was the UT which you shorted in GJ? The one in the middle of the retrace or on the left side?

vsa with Malcolm

I think am posting too much today but i can't help it! :-) Here is a 15min chart of euro. I'm posting it because I see a potential spring on it. Note that it is testing the low of the Asian range. image

vsa with Malcolm

Yeap, eurusd is kind of trapped in this 1hr chart: image In yours 15min, if there is really strength on that HV down bar, its low will be take so, it is kind of a trigger number to watch(also, its high). But the UT are really suspicious. Euro ...

vsa with Malcolm

eurusd is testing something... image

vsa with Malcolm

This morning I was surfing the web for volume related content and come across the Ord Volume. Tim Ord, also a student of Wyckoff, make an indicator that measures volumes on swings and, comparing them, evaluates the strength or weakness of the move ...

vsa with Malcolm

It can be due to JPY strength. Here is a 1hr chart for the June JPY futures(CFD from Windsor Direct). The yellow lines are from the daily chart. Notice that we have some SOS. If this market is turning up, we may see a retest of the 1.0122 ...

vsa with Malcolm

Hi Jasus! I am Brazilian so, even not Portuguese, we have many things in common, the language being one! :-) About COT, I see the commercials as the "smart money". They are the corporations, big farms, etc., that uses the futures markets to hedge ...

vsa with Malcolm

Hi SD! Thanks a lot to take your time to think about it. I appreciate that. And it is really good advice. I will incorporate it in my trading. Again, thank you very much.

vsa with Malcolm

Here is a view on COT charts. Sterling is positioned for a move up: image Euro, down: image US dollar is not that clear but seems that at least a pull back, maybe to the 80ish, is due: image COT data is very good for long term view, takes time ...

vsa with Malcolm

Well, levels do matter! :-) I was short 1 day in advance... haha

vsa with Malcolm

Good call on this one!

M&W-Trading