DislikedThe way he uses volume is more Wyckoff than VSA, in the sense that for him, strength comes on up bars and weakness on down bars. In VSA, it’s the other way around, and that’s one of the reasons why I think people find VSA difficult to grasp. We tend to think that every down bar with big volume is stopping volume. The way I do it is a mix of the two. I look for stopping volume, but then I look for Wyckoff signs of strength. I don’t enter if I don’t see Wyckoff strength or weakness. Thanks again, the video really helped. Kind regards.Ignored
- Weakness, when it appears, usually appears on UP bars and;
- Strength, when it appears, usually appears on DOWN bars.
Those two principles notwithstanding, there are concepts in VSA like absorption volume, pushing through supply/demand, and Gothcha' bars. Consequently, the correct application of Volume Spread Analysis (VSA), would include the aforementioned mix.
Without VSA, you're playing checkers while the Smart Money plays chess.
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