Wednesday 16 December 2009

High Volume (VSA) buy on the 3min Dax


Hi Everybody,

Just a quick reminder for the more Advanced Traders among you of the High Volume (VSA) trade setup. As you can see, we had a perfect example of this on the 3min DAX form earlier today. Notice how the DP nailed the low at the same time as the High Volume (VSA) signalled red on the volume indicator.

The Dax then rallied straight up into the opposing DP for a nice +4.8R Profit (ignoring slippage and commission).

A nice additional trade to all the profitable automatic setups ones earlier this morning on the Dax :)

Thanks, Steve

One for the European Traders.....


Hi Everybody,

The European Traders among you had a good morning this morning with a lovely +7.8R Profit (ignoring slippage and commission) on the 3min DAX.

The important point is how the Standard Traders among you swapped to the ATRStop to “run” the trade as soon as the STF strength band was exceeded. This is what allowed the Profit to grow as the Dax continued to rally.

Thanks, Steve