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Old 05-15-2008, 11:28 AM
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Re: [VSA] Volume Spread Analysis Part II

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If an effort has been made to identify the right support/resistance zones , then price will move from one level to another irrespective of which timeframe chart you are reading, however if one is operating from say a 1min chart , then obviously a no demand or no supply bar can only be employed for scalping.
Well, not exactly . Every move, whether trivial or consequential, begins at the tick level. Where one locates S&R is not necessarily dependent on the bar interval, and one needn't be satisfied with tiny profits just because he's using tiny bars.

But this has all been addressed before and anyone who's interested can do a search. I only want to point out that scalping is not a necessary consequence of using small-interval bars if one is focused on movement rather than individual bars.

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