VSA and VRA - TEB Basic Analysis -
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thread: VSA and VRA - TEB Basic Analysis

  1. #91
    Senior Member jgaleras's Avatar
    159
    ) Attachment 2335595

  2. #92
    Senior Member jgaleras's Avatar
    159

  3. #93
    Senior Member jgaleras's Avatar
    159

  4. #94
    Senior Member jgaleras's Avatar
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  5. #95
    Senior Member jgaleras's Avatar
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  6. #96
    Hi
    there are 2 things that which you have to master said Tom Willi.
    Volume and support and resistance,
    therefore, Tom did use trend lines, They Simply work he said

    here's another way to seek support and resistance
    bollinger bands setting 30 and 2.6
    when I remember right, price is inside bands about 99 percent of the time,
    therefore, when price goes beyond the bands, you then know, that it is something special

    therefore, should you put bb in M15 chart, also there's 96 candles Daily,
    therefore price goes beyond the bands daily, ordinary,
    and when it goes outside, then you realize that today there is power behind this move,

    so now you can draw line there, where this move started
    only watch these amounts, and soon VSA Isn't so difficult anymore

  7. #97
    Like this


  8. #98
    Senior Member jgaleras's Avatar
    159

  9. #99
    Senior Member jgaleras's Avatar
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    Like this picture
    thanks for the lesson LOL
    I would say VSA was for created obviously for stocks
    and so trend lines don't work as well in Forex.
    Because
    (1) the trend is so much stronger and so blow throughout the traces or as least doesn't honor afterward ie over taken - stop hunting
    (2) the other problem is Forex has a Lot More factors and players stocks


    cheers

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