Cool stuff man i shudve reversed my position the charts were weak all day long.How many shares u playing with?Do u wait for big moves or take small 3-4rs moves iam kinda stuck between these 2 strategies as i was up a lotta times today and didn`t take winners and ended in the red.
I just trade futures contract due to the leverage available with it. My strategy is based on VSA. The moment I see massive upsurge in volume at 5min chart with blue candle closing at very top. I go long I don't wait for the candle to finish if it was the first high volume bar clearing all day resistances. I sell when I see a high vol bar closing red or in the middle followed by a candle which has no volume and starts opens in the middle with lower high. I short at that time. My trades for aban so far:
Bought at 1332 sold at 1510
Bought@ 1490 sold at 1530.
Shorted at 1528 stop 1530- stop got triggered.
Shorted 2 more at 1536 and 1530 covered the 1536@ 1530 and the 1530 one at 1518 on Friday. Today shorted at 1509 but had to cover at 1506 since I live in Uk and had to leave for office could not have risked it. Btw I have a print scryn of one of these will post it when I reach home.