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Old 04-08-2008, 12:04 PM
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Re: [VSA] Volume Spread Analysis Part II

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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.

This is one of the major problems I have with VSA. Last week or so I posted a chart where I saw a long opportunity. However the market reversed before I took profits. When I posted the chart here, I got the response that 'after seeing two down bars' you should've exited. But on what timeframe? Two down bars on 5-minute might not even show up on a 15-min chart, etc, etc.

I don't mean any offense to anybody here... I hope I can still receive constructive criticism because I am still trying to find out how best to approach the markets. Everybody's input is appreciated.

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