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Old 03-26-2007, 04:23 AM
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Re: [VSA] Volume Spread Analysis

NewsFX,

I see you are running the KPcurrency system.

What I don't see is the bar you asking about. The bar with the text underneath looks like a SHAKE OUT or a test bar.

If you are asking about the bar with the arrow a 3 bars earlier, yes that looks like a test. Tests come in many forms. The Ideal test would have a narrow range, volume less than the previous two bars, close lower than the previous bar and close on its high. So while that bar is not ideal, it is a test nevertheless.

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