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Re: [VSA] Volume Spread Analysis Part II
Eiger-
So you don't use "pivot points" you just look at the weekly high/low and previous day high/low to gauge trades?
Ok, so if yesterday low was 1.999 and you see your trade right now heading towards 1.999 with increased volume you are anticipating a break through. If you see average volume, you are more on point to wait and see if this is your exit (a la bounce?)
Hoping to clarify what you use, as it seems to be simple- yet effective.
Thanks,
Sledge
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