Hi,
I would like to ask the VSA masters here if they are using VSA only or if they are using trading lines and considering VSA signals only when approching those lines?
How do we know when there is some kind of VSA signal that the trade is going to last for sometime or in contrary will be very short?
For example often I first notice some decreasing weakness in a down move with down bars on lower volume, then Inotice some selling climax later followed by stopping volume. I enter immediately on the long side after the stopping volume only to see the price reversing and going down more one or two bar later, although I could notice all those signs of strength. What am I doing wrong?
Daniel
I would like to ask the VSA masters here if they are using VSA only or if they are using trading lines and considering VSA signals only when approching those lines?
How do we know when there is some kind of VSA signal that the trade is going to last for sometime or in contrary will be very short?
For example often I first notice some decreasing weakness in a down move with down bars on lower volume, then Inotice some selling climax later followed by stopping volume. I enter immediately on the long side after the stopping volume only to see the price reversing and going down more one or two bar later, although I could notice all those signs of strength. What am I doing wrong?
Daniel