[VSA] Volume Spread Analysis

[jjthetrader]

	Quote:	Seb Manby
	I have been told about this thread by a friend of mine in London. I wil post my charts and commentry for you all to read(If you like) This week I am staying with Tom Williams, so it may be a bit hit and miss. Regards Sebastian

Right on! Now this is what I like to see!
Thanks for contributing.

[monad]

Sebastian,
Have studied the ES charts, but am now confused as to how to implement the info. in trading this in realtime.

For example, at point D & E there is weakness, then there is strength at F,
Similarly at G weakness, at H strength. How do we determine entry for a trade in these situations, are we talking about gunning for a point or two?
for although the bar at "I" looks ideal in hindsight, bars could have popped up as before showing strength. How does one manage the trade under these circumstances??

[monad]

forgot to attach chart,

[Primavera]

	Quote:	Seb Manby
	I have been told about this thread by a friend of mine in London. I wil post my charts and commentry for you all to read(If you like) This week I am staying with Tom Williams, so it may be a bit hit and miss. Regards Sebastian

Sebastian

Welcome - I have one quick question on bar A on the 3rd dec chart. You stated that a wide spread down on high volume is generally bullish. However this bar closes near the low, so would this not be interpreted generally as weakness.

Primavera

[ranj]

	Quote:	Primavera
	Sebastian Welcome - I have one quick question on bar A on the 3rd dec chart. You stated that a wide spread down on high volume is generally bullish. However this bar closes near the low, so would this not be interpreted generally as weakness. Primavera

Primavera
Not Sebastian, but the next bat was up, Telling us that there was some strength in the high vol down bar.

[tawe trader]

	Quote:
	Sebastian, Have studied the ES charts, but am now confused as to how to implement the info. in trading this in realtime.

Ah monad, it's the million dollar question...........

I am not trying to take anything away from Sebastian as I am very impressed by his commentary and I would be chuffed to be able to read a chart half as well as him one day, BUT there is a big difference in being able to understand VSA and then trading (successfully) in realtime on the hard right edge of the chart !

If you can grasp the concept of VSA then perhaps you can build your own trading method around it, with the timeframes that suit you and your trading account.

The chap who introduced me to VSA back in the summer used the FTSE daily chart as his trend direction tool, then he would drop down to 30 min bars for his VSA entry signal. It seemed to work for him and he wasn't glued to the screen all day. He would return every 28 mins just as the 30 min bar (and volume) was forming. If there was no signal he would walk away and wait another 28 mins.

[Seb Manby]

a special treat for you, tom williams talking about the Dow 60m cash market. the audio is here http://www.megaupload.com/?d=NYLCBTGG

Regards Sebastian

[marketguy]

Seb,
Thanks for all. Where exactly do I find the audio upload?

Bryan

[Seb Manby]

	Quote:	marketguy
	Seb, Thanks for all. Where exactly do I find the audio upload? Bryan

Hi bryan;

I have added it to my previous post, but I did not understand how to link the mp3 straight away.

regards Sebastian

[gassah]

Hi Sebastian,

I moderate a board on Yahoo! called SMI/Wyckoff and I'm helping Dr. Hank Pruden organize a "Best of Wyckoff" conference in San Francisco for the fall of 2008. We'd love for Tom to make a presentation. I tried getting to Tom through Gavin without any luck. Could you lend a hand? Thanks.

BTW, Todd Krueger has committed himself if that makes a difference.

nic