I been trading Forex about 2 years now, been trading using VSA for well about a year and been much sucessfull. Have shorted GJ at This is pre london trade GMT 5: Exited at crucial support a quick and cool. It was pretty quick scalp trade of 8 mins. What a trading Day!!! Pure VSA makes the trader life easy..
I have called the GJ Drop to When you type "MM" I take it you mean Murrey Murray Math Levels? I have a system developed which focuses on PA and re-computed Volume, I use that to gauge the market moves and trade.. I figured there is a lot of noise on a regular price chart volume, which will tempt a trader to take not so confirmed trade..
How are you "re-computing" the volume? Is it your own, or are you using that Better Volume indicator or any of the ones found in those threads at forex factory? Presently I'm into the same as you except without volume. I suppose I'm substituting that with divergences between highly correlated pairs. What do you designate as a high volume bar? I scalp mainly naked charts so my indicator knowledge is not too great.
I have completely re-coded volumes on a price action charting system, I use better volume indicator to give me a heads-up with the color coding, volume is completely re-coded with some of the VSA rules, it is completely different from the MT4 volume indicator.. The volume is on my own, not using the original MT4 volume, using better volume to give me a heads-up, but it has not much meaning in my system.. I wonder why some says trading is hard during NFP Week, when u can rock n roll.
Reason for entry, Weakness seen clearly at MM Level, followed by couple of no-demand bars after the retrace long. This week turning out to be phenomenal.. Free Forex Trading Systems. The pairs I trade: I would like to use this thread to post my trades, and want this to be a open discussion.
SL Hit, on this one. Exited at crucial support a quick and cool Short Entry: Had yet another GJ Short, Entry: Yet another short scalp on GJ. How are you using VSA? What constitutes your entries and exits? Charts would be nice also. What system do u use to trade?
Unfortunately I don't do skype. Pippers, Here are 2 more scalp trades of mine during this london, GJ Short: Strength on upmove faded out, and shown clear weakness at MM Level.More...