es/pip wrote:prochargedmopar wrote:Hmmmmm,
See price rising on low volume?
See churn bar?
See price drop????
As soon as you see a low volume up bar you look for an exit.
Then see price drop on rising volume.
Then see price reverse on higher and higher volume.
then churn bar ect, ect.....Easy pips.
im with you on the volume
VSA def. has its place
not sure how far you are into VSA but if you look for strength/weakness in the background, and then look for the volume signal it significantly reduces the fake outs
i used VSA when i traded the es
you can search for Sebastian manby-- mante-- cant remember his last name---- on http://www.traderslaboratory.com/
he goes into some extensive VSA analysis on the es, but you can apply it to whatever you want to
he knows his stuff as far a s VSA is concerned
I'll check his post out.
I've watched some vids from there on the vwap setup. Not sure if it was the same guy.