Tuesday 4th January

by 21:54 3 comments
The new year is definitely under way, a good bit of volume around on the charts today and lots of movement to go with it. Unfortunately I didn't take any trades for the day. I very nearly did, but because of one pip, I didn't!

I identified a set up on hourly Eddie, high volume up bars including a pretty big upthrust. I flicked to the 20min chart to wait for my No Demand entry. The bar that was looking like it was going to form into a No Demand actually closed as an even bar and I decided not to set my order. An hour later it had hit my potential profit target! Doesn't matter really, it's just one of those things. The charts are below.

Eddie 1hr

Eddie 20min

Been spending a lot of time on Forex Factory the past week, in particular the VSA thread, there seems to be a wealth of knowledge there whereas it seems to be lacking on the Trade2win forums. A lot more people have been visiting this blog through Forex Factory as well, which is good to see.

That's it for today,





28. Forex. Trading. Music. Beer. Food. Travel.


  1. I like how organized and well presented your blog is. I will be following up on you. wish you all the best in the new year.

  2. Thanks for the comment apple_sauce, appreciated! I update this on a daily basis so check back whenever you can. Did you follow this link through from ForexFactory?

  3. yes....I read malcolm's, and shamus's thread every day, but i don't post much. I also use the vsa chat from shamus's thread.