ranj

Just started reading his book and it mentions the buy zones and sell zone. The book is a little complicated. I am not a wave kind of guy, but I like the structure of his thinking and approach to trend and trend termination.

Sorry, Working late, had some down time :missy:

Hey Bert, Take a look at DIA or SPY, The market really opened on the low and not near the highs on 1/22 Anyway that should not change things much since VSA does not look at the open. You have a high volume down bar closing on the Highs. That is strength. Look to enter long on the low vol test of the area the 1/22 bar. Didn't happen on the 23rd, which was a high vol up bar closing on the highs. We have to wait for the 24th bar to paint to determine if this is strength or weakness. I am personally looking for a no demand like bar within the zone of 125 to 127.5 on the DIA. But who knows what the market will bring.

Did nibble at a little long position today SUNH, two year solid uptrend Strongest in it's industry, and acting much stronger than everyone else It had pushing through supply on 12/20 and 21st or the creek returned to ice, or the break out point with a low vol test on the 3rd and the 7th broke the test high today, made an upthrust like bar, which is bearish, but the context is wrong and the broader market made the same kind of daily bar. The best thing about sunh is that it is acting much strong than the broader market, and it has not take any technical damage. So when the market does rally I am hoping for a nice pop past the recent highs. http://charts01.stockfetcher.com/sf1chart/755953136.gif

Tasuki, On your Dow chart, the current down volume is high as a local relative, over the past few days, but look at the aug low and the Ultra HV down bar closing on the highs, that is demand overcomming supply, so the current selling volume should not be enough to punch through the Aug lows. I too am looking long, but will wait for a trend line break with a WRB up bar and then a low vol. test of the area. ranj

checked out his blog, i'm going to order his book.

Take the time off, no new positions.

Hey Pivot, Thanks for the great posts on the Euro. I know how hard it is to trade and document, especially in real time.

Nature of Risk, Justin Mamis

JJ, One more thing. I like to look for price structure (VSA sequence of bars) in relationship to some reference, trendline, fibs, prior support or resistance, previous WRBs or Long shadows (thanks pivot). Not sure where this trade occured.

JJ, When I am looking at trend reversals. I like to see a break of the trendline, in your case, up trendline and then a low vol signal in the area of previous weakness. When you have a break of the trendline, you can either fall off with a sign of weakness, WRB down on solid volume and then wait for a low vol rally into the weakness. Or you can see a solid move up to test recent high, and then the sequence of upthrust followed by no demand should work out if it occurs.

Hey Sebastian, Thanks for the analysis. Do you mind explaining the difference between a hidden upthrust verse a regular upthrust. You make a mention of it in the audio clip, but don't go into real detail

Let me guess, and for 6000 dollars I can learn too.

Soul, Is there a transcript. Don't daytrade, but would love to learn.

Primavera Not Sebastian, but the next bat was up, Telling us that there was some strength in the high vol down bar.