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It seems, that you don't read all posts in this thread.
First, I have seen a GBPUSD-chart (thanks gassa) in the Wyckoff thread, which goes back to 4/8. I see then bars with lower shadows and volume diminishes to the end of the downmove. |
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I don't need to read all the posts in this thread son to know that you're wasting you're goddamned time trying to read something that aint there.
If you're referring to a
SPOT FX graph & attempting to disect the guts out of it via a volume pitch, then you're pissing in the wind - period!!
If you want to get your scalpel & mirror out & get to work on your volume stabalizers, then you're gonna have to hitch your wagon to the CME train & punt the Pound Futures.
I was under the assumption that the main ingredient in this
vsa pie is volume, no?
If that's the case, then wouldn't it make a whole lot of sense to ply your trade on an exchange which at least recognizes volume??
Spot doesn't register or funnel volume thru a centralized exchange. So, how you gonna fathom whether your interpretation of the graph is a genuine print or merely a ghost play??