Thread: vsa with Malcolm

Originally Posted by ;

Hey Traders!Thanks a lot for this particular thread as it quite informative. I've been searching for a volume indior for mt4 (like the majority of pics posted here) with no success. If you've got one, especially that looks like the one or a better one, please share and I will highly appreciate. Thank you Beforehand. picture

This might help: https://www.forexforum.co.za/cryptoc...ymbol-mt4.html

Thanks Big Fred-IV. I strongly enjoy

Originally Posted by ;

Bump.. image

wait for the price to close over the close of the test bar you are revealing ... currently you bought under it .

USD CAD is in a tight consolidation for days now. ...that I woul like to determine price move above 1,2850 and a valid test to confirm the buy

Originally Posted by ;

quote wait for the price to close above the finish of the test bar you're revealing ... currently you bought under it . USD CAD is in a tight consolidation for days. ...I woul like to see price move above 1,2850 and a legitimate test to confirm the buy

considering 4 hour USDCAD may go down ... there was heavy supply on up bars yesterday , evident on both 4 hour and 60 minutes

Today markets are tight consolidation

Originally Posted by ;

quote await the price to close over the finish of the test bar you are showing ... currently you bought under it . USD CAD is in a consolidation for days. ...I woul like to determine price movement over 1,2850 and a legitimate test to validate the buy

Thank you for the replies, hope we get too see a bit more from you.

I was only coming back to explain why I did what I did.

CAD has been going sideways for the last fourteen days. Basically only fibbed that the volume on the 1 hour chart on the top and underside of the consolidation area we're in, which gives us the edges.



I do think USDCAD will fall too, but I'm just waiting for price to fall below the reduced zone and then return and retest. A perfect illuion is of this from the accumulation area from earlier in April. Simply take the zone from that place wait for price to push out and return and retest.

Calling it a day, even in case it strikes will likely probably be a 4.7:1 RR.

Just saying, I really hate the trading adage You can not go broke by taking profit. Taking profit also soon will lower your RR and in case your win rate can not support your RR, you'll go.

Originally Posted by ;

quote what I have noticed from the crypto is to take more note of the ultra low volume pubs in the trend than the ultra high volume pubs

Malcolmb, thanks for being such a patient teacher and mentor to many. . .to me. I really can not thank you enough for all your posts and lessons over time. You're a rare gem. happy trading.

Originally Posted by ;

Euro setting up for buy gold setting up for buy gbp buy dips Dax I'm flat

will Clarify Exactly What I saw either later today or tomorrow