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Old 03-26-2008, 05:43 PM
dandxg dandxg is offline
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Re: [VSA] Volume Spread Analysis Part II

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JJ-
Do you tend to use the US session because that is when you personally take your trades?
Since I like to get at least part of the London session in my trades- would it be wise to calculate them as I posted? I dabbled with Pivot Points for a while and did have some success. Somewhere along the line they fell by the wayside with information gathering and trying of new ideas. Maybe it is time to re-implement them!
Sledge
Sledge, for the longest time, about a year I used floor pivots for the ES and ER and they worked, but too often price just smoked through them without a pause. Part of problem I believe with using floor pivots is which one do you use? There are 5-6 formulas I believe.

I don't post this to rain on your parade by any means, I hope you have better luck with them than I have had in the last few months. Just some food for thought.

I do believe in using PDH and PDL and looking to supplement them with some other logical S/R areas. I have been tinkering with MP and to me the it makes sense because it based on PV which is what VSA is, but when the market gaps hard and its far from the previous day MP levels what to do then? This is what I find myself thinking. This is the reason for question above to Eiger about S/R.

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