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Old 10-13-2007, 09:20 AM
RAVIN RAVIN is offline
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Re: Candles and VSA

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Is that a good book, in your opinion? Thanks. I have heard mention of it on these threads, but always looking for more insight.
Reaver,
The book is good and in many ways quite unique .The Boot Camp CD will provide more visual on the various principles which as Tom says are only a few and taken in conjunction with trendlines, support/resistance and a couple of time frame can provide enough material to construct viable strategies and tactics for logical trading.
VSA principles can help you identify selling and buying pressure professional or otherwise in context of background strength or weakness, that is it, nothing more. It brings in a new dimension of looking at price action and blends easily with any traditional TA indicators such as MA, RSI etc.
If you get hold of Vadym Graifer's book on "Techniques of Tape Reading" that will certainly help you in further grasping the basic principles and constructing setups, strategies, tactics etc.
The Tradeguider software is not necessary to trade with VSA.
Hope this helps

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