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Old 01-23-2008, 01:52 PM
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Seb Manby Seb Manby is offline
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Re: [VSA] Volume Spread Analysis
Quote:
bertg
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Sebastian,

The chart looks like a 20-min chart to me.
You are correct, 20m bar, I think I switched quickly and forgot to restore 15m chart, but results are the same

In any case, how far back do you go to analyze the background and would you say there was weakness in the background?
There was an old top in the background, and the previous bar was weak too

I assume by confirmation you mean this: the 1620 red no demand bar got painted red when the 1640 bar closed and it was a down bar.
Correct

Your trade was so simple and so profitable. Congratulations to you.
Thank you, I try to keep it simple with no clutter on my charts, else you cannot see what is happening

Thanks for all your contributions,
Bert

You are most welcome

P.S. The chart attached is Sebastian's from several posts ago.
Regards Sebastian

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