Saturday, 12 October 2013

Weekly Updates - VSA Weekly Review

OK, in Monday it will be 3 weeks, and in that time the only thing I have eaten that isnt alkaline is 1 piece of chewing gum.. the first week was really tough, the second didnt do too much excercise but was starting to feel a lot better, and today I just feel great..

I would feel sick if I ate chicken or a steak, the feel of animal fat soaking down my chin is completely abhorent to me.. which I think is GOOOOD !!! :)

OK, this week, I had a single opportunity where I could of made my weekly target of £500.00 but I let the trade run and got stopped out for little more than break even.. so I must remember that VSA will lead the way and an SOS is exactly that... I also took a really dumb 'Use the Force Sean' trade on GU which quite rightly resulted in a £100 loss... LOL.

OK, a few trades I spotted with VSA this week..


The point to this trade with that we had 3 hourly candles showing bearish volume divergence into a resistance zone, in this case the ADR and this point about being at a resistance level is key... its where Smart Money make they move and the place of maximum liquidity so the only place to look for potential reversal setups. 


OK, Akil posted a trade idea on the NZDUSD, and i didnt take the trade blind.. but waited for the right setup shown above.. we didnt get a true reflection of the market today owing to the US debt ceiling, but it was a very valid short term entry. 


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