QuoteDislikedThe last time I made a post like this, it set off a firestorm.
I hope we don't get a repeat. (Don't worry HG, I'll be standing by your side )
News trading has a special place in VSA. However, VSA is not about trading the news. It is about a fundamental concept. Indeed, a "first principle".
The Smart Money uses news releases to take positions against the herd. They need such news releases because the usually increased volume surrounding them allows the SM to get into a positions cheaply. Because the Sm trades in such...
Just a few more thoughts on Volume Zones and Price Action ... and News.
Hope this helps...
Sincerely,
Chief