Another trade failed on EUR/JPY this time... I put my stop under the low volume test. Maybe I shouldn't have messed with pairs whose current's day range is bigger than the average... And ej was hesitating on that resistance, that's weakness right ...

vsa with Malcolm

Here's mine. I'm on alpari demo.

vsa with Malcolm

I see, but as you said that's a huge SL so the RR would be poor, that's why I put it under the last reaction's low. And my chart shows that the bar next to the NS was higher than the last volume, my account is demo though So I guess I ...

vsa with Malcolm

Got stopped out on GU 15M (i put my stop below the bar next to the no supply)... What did I do wrong?

vsa with Malcolm

I would look on higher TF. For example Tom Williams sees stocks on weekly and enters on daily (atleast that's what the book says). If you look in a higher TF it will be much more clear, and it will define the trend you'll get on the smaller TF. But ...

vsa with Malcolm

What do you mean by 'profit taking' twiitch? For me it's when professionals are starting to take their profits and we can see supply in the market because of it. But if the market is strong it can continue, and it will many times make a test to see ...

vsa with Malcolm

I saw, but only afterwards, 7am is too early for me GU is showing supply below the daily R1 now, but it's on a short-term uptrend (tl with 3 touches) and there's a test on 15m. If this test fails it could be an entry couldn't it? But then there's ...

vsa with Malcolm

It has some wrong things. It calls buying climax just because it's a wide spread up bar with very high volume, where it could be the break of an important resistance (which it doesn't show) or heavy supply coming in which after a sucessful test the ...

vsa with Malcolm

What do you mean by "fake test"? Is it weakness, and why do you call it fake test? It could be just a normal bar. And how do you know that bar you noted is a failed test? Apart from the bars you noted there's an effort to go down with no ...

vsa with Malcolm

If you have a look at what tradeguider program has you'll see it has a trend confirmation system (trend diamonds), a volatility-based stop loss and resistance levels. These are used by VSAers... Hulls, chandelier and pivot lines are doing that work. ...

vsa with Malcolm

What indicators? I only use Hulls 34 and 21 and chandelier is just for exits sometimes. I make trend channels every time I can, but you're right, should have traced a trendline on 30m, there's a validated down trendline. But why are you posting ...

vsa with Malcolm

Today I went long on GU but failed miserably... On the 30m I see buying when the market is reluctant to go down after that climatic down bar, and then I see stopping volume and a shakeout. However the market is still making new lows, so I don't know ...

vsa with Malcolm

what do you think of UJ before this dip? On the 30m it shows supply below daily R2 but it shows what appears to be buying right after that. Should I enter on the 5m ND even if it appears to be buying on the 30m (and 15m also)?

vsa with Malcolm

Bar 1 is a down bar on low volume, it may show no supply BUT Tom Williams says after distribution occured the market can go down on low volume, it doesn't mean it's not ready to go down.

vsa with Malcolm

that's what I thought ... Thanks for clarifying! I think I'll always see the 30m even before looking at a 5m... But if there wasn't that distribution and considering this was a good setup, would you enter on that first no supply, near the ...

vsa with Malcolm

Yes, my trade was at 11:32 am pst.

vsa with Malcolm

Thanks for the replies on my last post malcom and juhanimi . Today I went long on AU 5m and got stopped out... This remembers me of my yesterday's post... On the 5m there was stopping volume, a shakeout and then a bar showing buying ...

vsa with Malcolm

When you're risking 2% it means you'll lose 2% if the price reaches your stop level, which will be your maximum loss (unless you made add-on trades). MM refers to choosing the lot size, the SL level depends on your analysis of the market. I got a ...

Stop Loss and Risk per Trade

I went long on EU 5m today but failed I waited for a no supply after the breakout of the daily pivot to enter. Then it went a bit more down showing no supply in the market, but the up bars were also low volume showing no demand. I guess the ...

vsa with Malcolm

Hi Intel, can you show some examples of adding-up positions, with the stop levels and possibly the amount too?

vsa with Malcolm