[Eiger]

When describing the lack or rally power after breaking the downtrend channel in the post above, I said that the market made lower lows. It should be lower highs - i.e., the market continued to make lower highs. Same with the chart - i.e., it should show LH rather than LL. Sorry for any confusion.

[HAKUNA]

Now there is an explanation and a half

Great stuff Eiger. plus a marvellous attitude, courtesy, respect and politeness., treating others like mature adults and not kids. Wish some would take lessons.

[mcfotos]

Hi Eiger,

thanks a lot for taking time to post this detailed analysis and helping to improve ...
can only add myself to the comment of Hakuna

...great "helpful" stuff

mcfotos

[bunny]

Originally Posted by daedalus »

I've been focused heavily on trying to improve my win rate in the system I trade.

I think the key to a lot of this might be found in adding volume analysis to my entries. However, I have been unable to find a consistent way of using volume to filter a winning entry from a losing entry.

The arrows are trade entry signals that I have taken. 2 Winners, 2 Losers. Is there anything you guys can see using VSA or any other Volume analysis that is apparent that might be able to filter the losers and retain the winners?

Is there any key tell tale signs in the volume histogram as the swing is made before my entry off the retracement?





Thanks for your help in advance!

Sorry to bump this thread.
I think the Wide Range Body (WRB) is an important indicator. Often after such wide down bar, minor retracements are seen due to reduction in selling pressure. even in this case, if you observe, the open price of the WRB bar serves as the resistance just before the price plummets again.

There are mnay who use such WRB as primary indicators in trading.

[raven4ns]

Hello,
Many times I read about traders looking at the background if they are using VSA. I'm not sure what they mean by background, would someone please explain what they mean by this term? Thank you.


Tim

[bbj_anchor]

I'm warning all to not give CC# to TradeGuider or VSA club as they will never stop charging you. And refunds dont come... lots of talk but then I dont know why that happens is retort. I had to get visa involved and 3 months charges still havent been returned. Just FYI