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Old 03-12-2007, 11:24 PM
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Re: [VSA] Volume Spread Analysis

One simple observation that really changed my approach in analyzing volume was waiting for the next price and volume bar to confirm the previous bar.

In other words, if I planned to go long at a pivot on a sell bar... the chances of the long working out would increase alot more after I observe the second bar after it. I used to not pay attention to it as much and rely more on tape. But after watching for tests/tests of supply, I am able to view price action alot more clearer. Very powerful technique in my opinion.

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