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- Trader_X replied May 17, 2011
diagnosis — i know alot of you dont prefer the yen crosses..but i was wondering if you could glance at this and respond to what you think...E/J 4hr chart..volume has been unusually low for the past 2 days and price has drifted up...first ...
vsa with Malcolm
- Trader_X replied May 17, 2011
ouestion.. — at this point would be looking for some SOW, an upthrust or something like that to confirm a short or am i jumping the gun?? regards, TX
vsa with Malcolm
- Trader_X replied May 17, 2011
once again... — once again ..than you to both pres78 for the explanation and malcolm for the confirmation...really helps !!! best regards, TX..( i cant be the only new guy here thinking WTF is going on??!! i can not make heads or tails of ...
vsa with Malcolm
- Trader_X replied May 17, 2011
question — could someone explain what the really high volume/ candle closes up situation means.(2nd bar/candle from the end)..if its selling then why does it close up?...is that a SM trick?.. just trying to understand!! regards, TX
vsa with Malcolm
- Trader_X replied May 17, 2011
thanks malcolm — hey thanks malcolm...everytime you explain whats going on i look at the chart and it all makes sense...want ya to know its appreciated, by all of us!..best regards, TX
vsa with Malcolm
- Trader_X replied May 17, 2011
hey much — hey much thanks to pres78, kinforsale and marcus for replying to my triggers info request ..thats awesome guys..sorry , i had a family emergency late yesterday and just got back to the screens...really appreciate your time and ...
vsa with Malcolm
- Trader_X replied May 16, 2011
usd-bear... — happens to me all the time...i go in with the intention of being happy with 20-25 pips...then when they come i think ..Hmmm wonder how far she'll go??? only to hit BE...I literally took 8 trades in a row one day last week ...
vsa with Malcolm
- Trader_X replied May 16, 2011
baur — yes you are correct ..look at the bigger tf ..find entry on the smaller...in this case..to be honest i shorted off the trendline..i saw the upthrust forming but it wasnt finished forming.. it was the TL bounce that was the deciding ...
vsa with Malcolm
- Trader_X replied May 16, 2011
to add — to add to my above post...i agrree with you on the overall downtrend...but as malcolm pointed out (and i agree with my VERY limited vsa knowledge) there is no weakness in the immediate backround ...but i didnt see that when i took the ...
vsa with Malcolm
- Trader_X replied May 16, 2011
explanation — at the moment i wrote that we didnt / i didnt know where it was going...i was up 40 pips and it retraced nearly all the way to my BE ponit...another5-7 pips and i woulldve been stopped out(BE) !!! so to think that i was +40 and ...
vsa with Malcolm
- Trader_X replied May 16, 2011
since the... — since the market has slowed would any of the vetern vsa guys here mind explaining triggers for us new guys or point us in a direction where we might be able to find some info on the subject?..realy appreciate any help!..regards, ...
vsa with Malcolm
- Trader_X replied May 16, 2011
much thanks — great freakin" call again malcolm..dumped it just in time!!! thanks a bunch for that...truely...id be sick right now if i hadnt closed that trade..i do understand what your saying to me..and it is greatly appreciated..regards, TX ...
vsa with Malcolm
- Trader_X replied May 16, 2011
thank you malcolm — was just looking and i dont see anything that supports a hard fall ..which doesnt mean much cause i dont know what im looking at!LOL..but i hold your advice in HIGH regard, so im gonna close it!..thanks for your input!!! ...
vsa with Malcolm
- Trader_X replied May 16, 2011
sono — ill be honest with you...i jumped the gun on the UT thing and sold at the top of the TL...my stop would have been a few pips above the the 4243 level...i was hoping /counting on it drop and developing a ut...but would only lose a few ...
vsa with Malcolm
- Trader_X replied May 16, 2011
decisions decisions — ok heres the hardest part for me...im short eu and up 35 pips...now i never know if i should take it or move to BE and let here run...any advice...regards, TX
vsa with Malcolm
- Trader_X replied May 16, 2011
thank you marcus.. — thanks marcus..appreciate the insight...makes total sense...TX hey thanks again markus...yeah!!! i got one right!!!! hey marcus are you happy with the TG plug in version?? considering purchasing it, but dont know if it ...
vsa with Malcolm
- Trader_X replied May 16, 2011
vetern advice — can someone tell me if they think that is an upthrust forming on the eu 30m..?? regards, tx
vsa with Malcolm
- Trader_X replied May 16, 2011
ivonivon — so ivon /simpledev...EU 15m..would you be looking for a slight move upward followed by an upthrust/ high vol./wide spread candle that closed on the low , at this point to confirm a possible short??thanks for any response...TX
vsa with Malcolm
- Trader_X replied May 16, 2011
ivonivon — im watching it as well ivon but im sorry i dont have enough experience to help you out here...ill be watching though..TX
vsa with Malcolm
- Trader_X replied May 16, 2011
damn good call — its so clear in hindsight exactly whats gonna happen using vsa..i see the chart you just posted ivon and wonder how did i not see that...the answer is obviously experience..geat call dude...TX
vsa with Malcolm