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  1. #1
    Senior Member DaVychi's Avatar

    Volume spread anaysis !!!

    Folks,just have question about VSA, is the anybody have any opinion about this method?
    Thank you in advance....
    Work hard in silence,let your success be your noise...

  2. #2
    Senior Member Ingmar's Avatar
    I've tried volume spread analysis for a while. I saw a good video on finding the 'smart money' using volume and trade in their wake and decided to use it in my analysis.

    I think it was a good trading method and it gives good insight in what the smart money is doing. I stopped using it though, because i caught the same signals not using VSA. I still take high volume candles into consideration when i'm trading, but that's about it.

  3. #3
    Legendry Member Okane's Avatar
    Like Ingmar already mentioned, I also consider high volume candles specially when I draw S/R.
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  4. #4
    Legendry Member milos's Avatar
    I didn't use VSA.

  5. #5
    Master Member Bogdan G's Avatar
    Well, it was always something I wanted to learn on a deeper level but I only scratched the surface. I only know the basics and I consider some parts of it too subjective. Same as Ingmar, I have found other methods that allow me to get similar results. The market, the smart money, the big money can be followed if you simply go where price is going. Yea, that may sound too simplistic but after many years trading, I am slowly reaching the conclusion that trading is way more simple than I initially thought. I might be wrong so dont take my word for it :P
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  6. #6
    Moderator Kolyo's Avatar
    You are right Bogdan My views also converge with yours. I also believe the market is not as complex as we thought. It is complex but in order to trade well we don't need to know everything, who is buying, who is selling we can not know for sure. We just need a kind of edge. VSA is such an edge used by many professional traders. Unfortunately it is not applicable to markets without clear volume metrics like forex. It is used extensively on stocks and futures. In few simple words it try to exploit the measures of accumulation and distribution of the volume. When we stay at the same price for long time there is accumulation and higher volume at this price. This volume is associated with its own stops/ profit targets thus when the price start to move we can expect something to happen (triggering SL for example). We have very limited free access to volume profile charts (marketdelta web I think) and that make it more difficult to use. Besides this it is not as complicated as in the old books with alphabetic simbols look like
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  7. #7
    Specialist Member Million Dollar Baby's Avatar
    Quote Originally Posted by Bogdan G View Post
    Well, it was always something I wanted to learn on a deeper level but I only scratched the surface. I only know the basics and I consider some parts of it too subjective. Same as Ingmar, I have found other methods that allow me to get similar results. The market, the smart money, the big money can be followed if you simply go where price is going. Yea, that may sound too simplistic but after many years trading, I am slowly reaching the conclusion that trading is way more simple than I initially thought. I might be wrong so dont take my word for it :P
    Very true.
    In my early months of trading, I considered messy charts "a must" for trading. I used to fill chart with different indicators so that I can get an accurate signal. If I look at that kind of chart again, it would make my head spin. Now, I love neat and clean candle sticks. Manual S/R lines is something that I still draw sometimes. But I think I will soon leave these too.

  8. #8
    Senior Member DaVychi's Avatar
    Thank you folks for feedbacks,very appreciate...✌

  9. #9
    Legendry Member willyw's Avatar
    Quote Originally Posted by Million Dollar Baby View Post
    Very true.
    In my early months of trading, I considered messy charts "a must" for trading. I used to fill chart with different indicators so that I can get an accurate signal. If I look at that kind of chart again, it would make my head spin. Now, I love neat and clean candle sticks. Manual S/R lines is something that I still draw sometimes. But I think I will soon leave these too.
    Very true. Clean and neat charts is the best.

  10. #10
    Legendry Member Okane's Avatar
    Quote Originally Posted by penny128 View Post
    ewww i hate this one
    Can you elaborate? What is you hate? (PS: I know you are just making random comments here we are not stupid)
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