Traders Laboratory - View Single Post - [VSA] Volume Spread Analysis Part II
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Old 04-11-2008, 04:44 PM
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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.
I agree with DB for the most part. I'd also add that actually trading VSA is a much different beast than just knowing the methodology. Figuring out your own style within the methodology will be different from everyone else. Sledge may go long on a 1hr bar and I may be short within that 1hr bar on a 3min chart just looking for a small move. We're both using VSA and we're both going in different directions. It's like a Zen Koan.

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