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Old 04-08-2008, 11:53 AM
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Re: [VSA] Volume Spread Analysis Part II

Thank you, Nvesta.

One of the reasons why it's so difficult to come up with a coherent and internally consistent strategy that implements what is addressed in VSA is that there are so many iterations of VSA, from the original all the way to TG. For example, the emphasis on the location of the "close" of a bar even when there is no universally agreed-upon bar interval presents certain difficulties that should be obvious.

This is why I'm less interested in what the book "says" and much more interested in what is being "heard" by those who are reading/studying it. If, for example, ten people are studying it and they each have a different understanding of how it all works than everyone else among the ten, then I should think that they, at least, would be interested in ironing out these differences. Perhaps then their understanding of what is happening in real time (since this is when trades are placed) would be enhanced.

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