Traders Laboratory - View Single Post - [VSA] Volume Spread Analysis Part II
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Old 04-11-2008, 03:24 PM
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Re: [VSA] Volume Spread Analysis Part II

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Bf-
Well I actually posted this so that people could attempt to answer what they see. I wanted to spark some conversation about what people saw and how if they were faced with this chart- what would their move be?

JJ stated he would take no trade.
I happened to go long but CAREFULLY long

I wouldn't say that because it failed to spark the conversation I hoped for, that VSA should be written off as a form of technical analysis.
Sledge
I guess I don't understand how you can't tell if you should go long or short. That's about as elementary as trading can get - long, short, no action - and throughout this thread there are examples of people not sure which one to do! And it's all about VSA.

From an outsiders view, that would say this VSA thing isn't nearly as clear as some may think it is, ESPECIALLY in real-time. And in the end, that's all that counts. After the fact charts do not put real $$$ into an account.

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