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Old 03-01-2008, 06:56 AM
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Re: [VSA] Volume Spread Analysis

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If there were just buying on this bar on all that volume, then price should not close in the middle of the range.
An important observation, and of course from a Wyckoff perspective as well.

However, this particular bar did not play a part in the setup. But even if it had, I likely would have dismissed it because it is literally a tick bar. Therefore the data is suspect, partly because of the brevity of it but mostly because of what you observed and concluded.

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