07-17-2009, 10:47 AM
|
#34 |
Join Date: Feb 2009 Location: London Thanks: 50
Thanked 47 Times in 22 Posts
| Re: Combining VSA with Other Modalities
Quote:
Originally Posted by Tasuki » I see that Todd is now talking about Wyckoff principles in his newsletters and articles, skirting the VSA business altogether. What I've seen so far is pretty basic (for those of us who follow the threads on Traders Lab) but Todd's stuff is still valuable, and a good introduction to the material. | I believe Todd had some Wyckoff background which initially attracted him to VSA during one of the exhibitions put on by Gavin and when he decided to get on board, Gavin welcomed him with both arms as Todd ultimately provided the inroad into the US market.
However I have seen videos of even Todd floundering with questions on VSA especially those connected with VSA signals appearing when say in the uptrending market, there are these spikes in prices with heavy vol and you have these red rectangles appearing over them indicating supply/weakness etc and vice versa. He would then respond by saying you have to learn to ignore them ofcourse that is in hindsight, however if on a particular chart the market went south from one of these spikes and signals, they would then point that and highlight and even paste it on youtube and harp on that for weeks.like the oil chart 
Even today the players have changed but they chime the same song. |
| |
Linear Mode
