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- | Joined Jun 2008 | Status: Member | 1,079 Posts
I recommend you read something else as this sentence is now concluded.
Volume Spread Analysis (VSA) and background 5 replies
Trading With VSA - Volatile Volume and Spread Analysis 9 replies
What is the best VSA (Volume Spread Analysis) system/indicator? 1 reply
Volume Spread Analysis (VSA) and the EURUSD 3 replies
VSA Volume Spread Analysis: No demand and accumlation 2 replies
Dislikedhttp://www.hankpruden.com/MTWyckoffSchematics.pdf
There you will find the pure VSA Schematics : accumulation - markup - distribution - markdown.
I've just considering, if there is any possibility to code 'VSA cycles indicator" in MT4, that will enable us to "read the market" in VSA cycles Style for short - long term trade Setup.
thanks
regards.
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DislikedI have updated the first post with the News event Calender Indicator.
I tend to avoid news (15 mins before and after) although we are testing a theory that VSA prepositions for news in the chat so this may change
Enjoy.Ignored
Dislikedlook at gu 4 hour today ... we had a really high volume low spread bar at top ... could be end of rising market as it is at area of previous resistance.Ignored
DislikedHi Traders,
i have problems with forecasting a break or a bounce at support or resistance. Some are saying, if you have low volume, then it will be most likely a bounce. If we have high volume it will be a break. Is that all? I mean we could have a upthrust with high volume, which will be a sign for a bounce.
What do you say? How do you enter breaks? Do you enter breaks at all, in advance or only later?
Thanks for all your help.Ignored
Dislikedhi,
can any bros help out here.
from the background we know it's bullish. however we can see there's a stopping volume. followed by no demand (1 & 2). what's the significance of the next 2 bars?Ignored
Dislikedhi,
can any bros help out here.
from the background we know it's bullish. however we can see there's a stopping volume. followed by no demand (1 & 2). what's the significance of the next 2 bars?Ignored
Disliked~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Hi~
you can see this a price level is a higher than left.
and the bar before "1" bar is an up bar but with heavy vol.it is a kind of weakness signal.
it doesn't mean price would reversal sharply,after all the trend is up.but it could mean the sm start transfer their position to the herd.
3 is an up-thrust and next bar is a test.
the test bar's vol is not high ,sm don't decide to the downside yet.
it means price would go up .but there are several weakness signals in left.price may not go far.
i still learn...Ignored
Dislikedthanks adam,
it makes things clearer.
could u explain in detail how u would determine a successful test?
high vol?Ignored
Dislikedthanks adam,
it makes things clearer.
could u explain in detail how u would determine a successful test?
high vol?Ignored
Dislikedadding to what Willowgal has said, you must make sure that this area was tested on high to very high volume because otherwise it'll be considered as a shake out, now when previous high volume area is being tested on low volume the market should rise within the next 2-3 bars, if it doesnt, then it'll be further weakness, if that case happen around a support, i personally wait for a no demand bars to reshort it.Ignored
DislikedI think I am confused now as this is what I have noted as a shake-out is
"A shake-out is a sharp downward move but then quickly reversing to close at or near the high (i.e. about where it started) and is always on high volume.
I understood a 'test' is usually on low volume.
Can anyone please clarify ?Ignored