[TinGull]

Welcome back PP

[Anonymous]

Originally Posted by TinGull »

Welcome back PP

Thanks. I have been lurking and feeling good to see the brillant work being done by yourself and others. We have something special here guys and gals. Thank you all.

[TinGull]

Awww shucks....thanks

[TinGull]

Is this a little closer to what you'd want to see? I realize it's not right at the highs of the bar for a close, but in the upper third anyhow. It comes down to test the high of that SUPER high volume up bar.

[jjthetrader]

It doesn't look like a test to me closing in the middle with the next bar down on increasing volume. It could well be a test though.
The bullish bar to me is the high volume bar you are referencing. A high volume down bar closing on the high. Nice!

[jjthetrader]

Here's a more recent Test.

[TinGull]

Maybe I get influenced by the candle formation being bullish as well and not worrying that it closes at the highs or not. Agreed, the next bar had higher volume and closed lower, but at the time of the test you don't know that bar has occurred yet. I still stand with my loose defs of tests, tho. Much easier for me to work with. When I see a hammer, I just think "bullish" and if it happens to test a support area on low volume...all the better for me.

[jjthetrader]

I don't use candles so those bullish signs elude me. Glad you can add more depth to VSA for us with your eye.