Singapore Wyckoff & Volume Spread Analysis

In fact, what I like about the setup is that if price retraces back to previous demand level (think wyckoff teachings), you should be daring enough to go for a re-long. The reason because it was a previous prior demand level. Thus, one should not hesitate to re-long at the previous demand level if price manage to do a retracement. There is usually a large possibility that it will happen as volatility is aplenty in the US market. From my 2 days of trading, I made back the costs of the software. However, if you are unsure on how to best utilize VSA, my advise is that you should play on a demo and work on the principles. BE VERY SELECTIVE on what the software gives you. There are a lot of pairs to be traded. Chose nothing but the best. A lot of people whom I know trades too little pair and they whine about the lack of opportunity and enter positions of the FX pairs when there are clearly better opportunities out there. This will definitely be a problem for user of the software, but

I have been using the following software from Analytical trader which is rather comprehensive when using volume to detect good trading setup. If you are keen to know more about the products, please go to the link here. I will post trading setups and how should we best use the software. As opposed to other VSA software that I have used, there are lesser "highlighted" bars which means that only the more important ones are being shown! If you Look at the trading setup below, I am attempting to short @ the previous key support level which turned resistance. As highlighted by the Circle. Interestingly, prior to my short, you still don't see interests in buying which will be denoted by a circle at the bottom of the candle which gives me the confidence to go short especially the it is near a prior support turned resistance level. Most importantly, the stop is tight and it favor a good risk to reward setup to go short! Look at screenshot below.  Lastly, i

Scaped 5 trades today! or 6..cant remember...all in the green...however, i didnt stick to the 50,000 unti size...i scalped with 100,000 on USDCAD and AUDUSD... I hope  I can get a screenshot tomorrow.. it will be interesting to have a trading channel like twitch where all the traders congregate tgt and learn man! such an idea!!! anybody want screen me? hahaha feeling more confident in scalping now....long or short it doesnt matter..as long as you are green..5pips or 3 pips..i am happy.. and i will get out with no risk and relook the chart again. USDCAD seems like a very scalp friendly pair...but i know how tempremental this pair can be having experience it before once..I think i will stick to USDJPY with lower lot size...but the problem comes when you start buying/selling @ heavier lot size...it is like drug, you will tend not to stick to your standard trade size. DAMN YOU! Okay..not trading today liao