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Todd is supposed to be the one more in tune with VSA, and he used to demonstrate the software using forex; and Gavin being the CEO is more inclined towards marketing. Now that Todd has left TG who else in the company can we look to for advice and clarification?
They list 4 office phone numbers in Chicago, London, Hong Kong and Sydney. I called each one of those numbers during the respective office hours, and got recorded messages every time, with Gavin saying he would get back to me. The last 'Weekly Video' showed gavin in Malaysia marketing the software. Emails are also generally ignored.
The software are supposed to be requiring update as well. It's a pity because from the discussion at Traders Laboratory it seems that VSA could well work. |
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Wyckoff(supply/demand) and
VSA (volume/price range) principles exist in all markets regardless of who is at Tradeguider or whether the company is there or not tomorrow.
To learn the principles and their application, there is more than enough info in Tom William's book , Boot Camp CD and on this thread. Then all you require is a charting software which allows plotting of Vol. data with bars or candlesticks.
If you are really concerned with vol aspects on Forex, trading currency markets via currency futures on CME is another option, it is a regulated market and the volume reported are actual contracts exchanged. There is enough liquidity there to trade and the movement is line with the spot market, except ofcourse being a futures market there is the difference in price level with added premium. plus it can be traded on a normal broker DOM rather than through any bucket shop.