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Old 04-04-2008, 04:27 AM
Bearbull Bearbull is online now
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Re: [VSA] Volume Spread Analysis Part II

Come on folks, is this tick-tack on VSA/Wyckoff/Candlesticks really necessary, afterall they all represent price/volume i.e supply/demand pressures, albeit from different angles.
There are some who have studied both Wyckoff and VSA and realise this, however there are others who wish to pursue the VSA path only, and if they are able to read what they post in hindsight with the same degree of efficiency/accuray in realtime, trade with realmoney and are able to keep their cash till ringing that way, fine, that is all that matters at the end of the day.
But you will find that even at Tradeguider, they have difficulty reading the market purely on VSA, that is why their charts are full of other indicators , diamonds, H stops, trendlines, channels, moving averages on vol, volume thermometer, trend clusters (have a look at their archived videos)
Hence if others wish to express their viewpoints via Candlesticks or Wyckoff, what is the problem, why not leave the egos on the mantlepiece for a change and make an attempt to understand other persons viewpoint, otherwise we are going to end up with another VSA thread with over 100 pages still with no clarity in sight, that is why in my previous posts I have requested the Tradeguider Experts to come in and sort this out, rather than make periodic appearances with a video here and there, merely to promote their products and webinars.
Looks like James will have to consider opending VSA III, who knows like those Rocky and Rambo movies we could make it to VSA IX

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