News Trading Using Smart Volume Analysis Software – ECB Rate Cut November 2013 – 300+ Pips (Smart VSA)

News Trading Using Smart Volume Analysis and Our Smart Trader VSA Software – ECB Rate Cut November 2013 – 300+ Pips

I meant to post this earlier (I discussed the trades a bit on the free Smart Trader usergroup at the time) but I ended up crashing out.

I often say Smart Volume Analysis “prepositions” for news well ahead of the news, and what the likely direction will be based on what the Volume is showing.  Normally you would drill down as news aproaches if signals on various time frames conflict.  Sometimes there is no need and the setups are fairly obvious like we had with the ECB news.

Two trades are shown.  EURUSD and also USDCHF (Which is inversely correlated to the EURUSD)

Here are the screens as they were unfolding after the cut and the indications of direction prior to the news.

Enjoy.

**The screenshots include annotations on the chart so click for the full size version.

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