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Re: [VSA] Volume Spread Analysis Part II
Such a interesting debate on S/R! I actually can see both sides and how they make sense. Do I want to hold on and do my best to read price, volume, and order flow and go for what I call the longer dollar? For the "bigger" and possibly "more relevant" S/R area.
Or do I see that we are retesting the low or range after selling a pullback on lower volume and trail stop or just punch out?
I personally feel this is answer that only an individual can answer for himself no one can profess to "know the right answer" as everyone is trading their own money and no one knows where the market will absolutely go. If we did there would be no reason to read the tape right?
It's discussion such a these that remind me trading is much art than science.
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