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- joaoborras replied Apr 12, 2013
yes, I am also thinking short. Today is Friday and the PFH you noted is a good one. I was thinking short yesterday. Tried twice but closed the day with -19. Anyways, traded my ideas.
M&W-Trading
- joaoborras replied Apr 11, 2013
HG, thank you! Today is another day! Let's keep going! I am aware the way you find your zones, the WRB. I am a student of it as well. I just find that the way the guy wrote his material is quite wordy... :-) But I do have his course as well. ...
vsa with Malcolm
- joaoborras replied Apr 11, 2013
Well, eurusd puzzled me today.
According to my post #23958, I was trying to sell this thing when it entered the area that I pointed as bearish change in behavior. I went to the 1min chart to get an entry. Tried twice and lost both. Total ...vsa with Malcolm
- joaoborras replied Apr 11, 2013
Hi KS, thanks a lot. For sure I will check it out. At the end, there is a point where it is not the technicals anymore but the self that impedes us to proceed. Will go to your dad's site. Again, thanks a lot! Cheers!
vsa with Malcolm
- joaoborras replied Apr 11, 2013
I just love it! I will put the pictures without commentaries(well, at least not long commentaries...) for your appreciation. It is the audusd today. The news: image And the price action(15min chart): image Beautiful, isn't it?
vsa with Malcolm
- joaoborras replied Apr 11, 2013
Hi SD, I appreciate your inputs. yes, I acknowledge that I have to resolve some issues about my type of trading. I know I am a day trader, that is for sure. I also know that I want, preferably, find trades every day, because I trade for income. ...
vsa with Malcolm
- joaoborras replied Apr 11, 2013
yes, I also think that level is important, because it was effort to rise or absorption volume. Now, it is a 1hr chart. I think it has a lot of distribution signs in it, that can limit an up move at least for the last few hours or even during this ...
vsa with Malcolm
- joaoborras replied Apr 11, 2013
I do recommend one exercise. Clean all your charts. Put only price, and use bar charts instead of candles, so you can only see the price movements. Then, forget about levels and concentrate only in these things below: 1. look for accumulation or ...
M&W-Trading
- joaoborras replied Apr 11, 2013
That's a good point, about the stop loss cascading. Good point! There are 2 things that can be done with stop loss orders. You can use it to fill your orders, or you can just let it trigger. In the first case, let's see you have a huge long position ...
M&W-Trading
- joaoborras replied Apr 11, 2013
I think we must understand what manipulation is used for. Manipulation is a very negative word, bringing conspiracy theory to mind, etc. Well, in my view, "manipulation" is nothing more than the maneuvers used for big market participants to seek ...
M&W-Trading
- joaoborras replied Apr 10, 2013
euro readings. Comments are always welcome! Daily chart: image 4hr chart: image Cheers!
vsa with Malcolm
- joaoborras replied Apr 10, 2013
I'd also like to contribute with a slide made by Richard Kigsdale, from TG. It is the Wyckoff logic sheet. It is attached. It is a good graphic reference for the markets phases, as this on that HG posted to us. Cheers!
vsa with Malcolm
- joaoborras replied Apr 10, 2013
Oh! You are right, my count was completely wrong!! Both of them!
Sorry for that! To generate the PnF chart I used 1x3 settings. And you are right on PnF projections. They give only a guideline. Even David Weis says that many times it fails ...vsa with Malcolm
- joaoborras replied Apr 10, 2013
Don't try to put absolutes to the market. It will do whatever it wants to do. 3 levels, mid week reversal, stop hunts, vector moves, etc., are only guidelines. We use it as tools to read what the market is doing. Try to follow the trend on the 1hr ...
M&W-Trading
- joaoborras replied Apr 10, 2013
Thanks SD. Will keep an eye on the volume as price goes into that supply area. Good point on that one! Cheers!
vsa with Malcolm
- joaoborras replied Apr 10, 2013
There is nothing to the up side yet, PnF wise. Here is the daily chart. The projection here is a vertical one, based upon the double bottom breakout. It is what was used by stockcharts.com to make the low projection. image Even if we use this ...
vsa with Malcolm
- joaoborras replied Apr 9, 2013
I am not good in multi time frame analysis but will try one with the euro, as it is an area that I have to improve a lot. So, please help me with this one! Here is a daily chart. I see no signs of weakness and the only immediate threat is the ...
vsa with Malcolm
- joaoborras replied Apr 9, 2013
Well, not a specific pattern but I continue looking for VSA principles when prices fall. Here is an example of what happened with euro yesterday. I think I wrote a post on it, showing the UHV up bar, showing weakness and was willing to short on a ...
vsa with Malcolm