The Right Spot
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Forgive the lack of posting here. It is Summer and aside from not trading very much, we’ve been busy getting the trade alert service fixed up and ready for full launch.
Today I wanted to post a bot trade from Monday on the H4 chart. It illustrates pretty well why a good signal in a great spot is worth waiting for… This seems obvious but so many clients fail to wait for the right set up and instead “chase trades” They look for any reason to go with their “gut” even if a signal isn’t agreeing or in the right spot.
We have a large number of articles that deal with this topic on here and our “Live Docs” site but here’e the bot trade from yesterday. The outcome was 180+ pips to the wash and new HVZ (using them as targets) of course it easily smashed the EOM if you were to use that. Even going signal to signal as I often do it was a really nice ride (58).
For more information or if you have any questions about SMART Volume Spread Analysis (VSA) the methods, or our Software please visit the following link
- Free Smart Volume Spread Analysis (VSA) Live Seminars: http://eepurl.com/
lkdzn - Free Volume Spread Analysis Trading Room (Text Chat) Open 24 Hours but can be very slow as many have transitioned to our social network sites: http://vsa.pipbuilders.
com - Free Volume Spread Analysis Trading Room (Video Screensharing) Open Periodically (See Social Networking Sites Below For Times): http://live.smartvsa.
com - Real Time, Volume Based Trading Alerts on Emini, Forex, and More: http://www.traderelayer.com (Verified Results)
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