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Old 04-11-2008, 04:38 PM
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Re: [VSA] Volume Spread Analysis Part II

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How is this even an option? Shouldn't people using VSA come to the same conclusion? I do not see how one person could come up with a short, all the while someone else, using the exact same methodology, come up with a long, then another trader comes up with a stay out of the market. That makes no sense. I guess using this logic, VSA will always be correct. But the problem is that doesn't mean the trader using it will always be correct. If the same methodology can come up with exact opposite answers to the same question, it just shows that there is a major flaw in the methodology.
While I agree that VSA writes a lot of checks that it can't cash, you're being somewhat unfair. What you're suggesting is analogous to all candle traders trading the same patterns in the same way with the same targets in the same timeframe with the same candle interval and coming up with exactly the same results. And that's nonsense.

While I may think that any given "VSA trade" may be silly and completely extraneous to the VSA concept, this is not to say that every person trading VSA must trade it exactly the same way. One can't say this about VSA anymore than one can say it about candle traders.

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