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Old 11-21-2007, 10:42 AM
ranj ranj is offline
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Re: [VSA] Volume Spread Analysis

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Just a note on the chart i had posted in here a few days ago...SOLF...shorted on a doji "no demand" at resistance and today things are going very well. Nice gap down and currently is 14.6% lower from the close yesterday, and nearly 20% lower from my original entry.

Great trade Tin.
But what makes it a great trade is not the no demand that you entered on within the gap but the distribution that occurred within the gray rectangle.
When I learned to look at the background as opposed to a 4-5 bar sequence is when I started to really see the power of VSA.

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