Trading with Volume Spread Analysis (VSA)

[bunny]

Yesterdays volume of nifty was around .76 billion....untill now todays volume is .34 billion....does it say that test is there today or just a shake out to remove weak holders and do accumulation....

I don't know where you got this figs from, but nifty volume yesterday was 226,819,473 and today's volume is approximately 234,882,534.

One thing to consider over here is that today's spread is wider and volume is greater than yesterday. Usually, wider spreads on higher volume on down days are said to be signs of weak markets. However, the market has held its ground(low of the 29 JAN 2010 bar). The hourly charts also suggest that buying is going on last two hourly bars.

 

[nimish_rulz]

i hope you prove to be right...i am also looking to the long side...but todays fall of 100 points is shaking me.... ....dont knw what will happen tomorrow....it doesnt even looks like test.... low volume with wide spread closing on down shows real weakness ahead...

What I dont get is what is the trigger behind the fall? Most of Asia today green or very slightly down. Europe and US closed green by a lot yesterday. Also the interest rate threat is out of our system. Fundamentally now our market is at a good value. Technically oversold. It is frustrating and slightly annoying but I guess thats how it goes.

 

[rajputz]

I don't know where you got this figs from, but nifty volume yesterday was 226,819,473 and today's volume is approximately 234,882,534.

One thing to consider over here is that today's spread is wider and volume is greater than yesterday. Usually, wider spreads on higher volume on down days are said to be signs of weak markets. However, the market has held its ground(low of the 29 JAN 2010 bar). The hourly charts also suggest that buying is going on last two hourly bars.

i got it from chart nexus...hovering the last days bar and showing the volume in .78B ..dont know mif its right....have to check todays data with amibroker...

 

[Pchartis]

Hi bunny
I am finding it difficult to have a trading set up based purely on VSA. As you purely follow VSA can you throw some light as to your entry point,stop-loss and exit.You can share your close out trades and not current positions just to give idea as to how to trade depending on VSA.
whats your say on current market position. On weekly charts of all mid-cap and high beta stocks do show strenght as low volume down bars and support and buying in down bars. I do not track large aps as I dont trade them. What your opinion on overall picture?
Regards,

 

[bunny]

Hi bunny
I am finding it difficult to have a trading set up based purely on VSA. As you purely follow VSA can you throw some light as to your entry point,stop-loss and exit.You can share your close out trades and not current positions just to give idea as to how to trade depending on VSA.

Since the last 4 or 5 days I have been posting my live intraday calls in this thread. Some of them have been highly successful and accurate, some have not, and none showed profit today. I would have posted the setup, but for charts. Since I am using my broker's software for intraday charts, I don't have iEOD data. Can someone please send me iEOD data for nifty future feb series in 1 min format?

whats your say on current market position. On weekly charts of all mid-cap and high beta stocks do show strenght as low volume down bars and support and buying in down bars. I do not track large aps as I dont trade them. What your opinion on overall picture?
Regards,

Looking at weekly charts, we should close with a green bar this week, preferably on the high of the bar.

 

[Pchartis]

Since the last 4 or 5 days I have been posting my live intraday calls in this thread. Some of them have been highly successful and accurate, some have not, and none showed profit today. I would have posted the setup, but for charts. Since I am using my broker's software for intraday charts, I don't have iEOD data. Can someone please send me iEOD data for nifty future feb series in 1 min format?
Looking at weekly charts, we should close with a green bar this week, preferably on the high of the bar.

Do yoy trade intraday or swing-trade or both.
Regarding charts even I dont use RT chart s/w.I have EOD charts but not in 1 min time format as I dont trade intraday, So request other members to pls provide charts here for explanation.......
Regards,

 

[rajputz]

i have last days data for 7-8 days for amibroker...but it doesn not display volume...and it wont help you....

 

[nimish_rulz]

i have last days data for 7-8 days for amibroker...but it doesn not display volume...and it wont help you....

If you guys need I can post the hourly charts with volumes on any stock...don't have it for Nifty and you can't apply VSA to Nifty but can be applied to Nifty Futures! I have volumes for Nifty futures

 

[bunny]

If you guys need I can post the hourly charts with volumes on any stock...don't have it for Nifty and you can't apply VSA to Nifty but can be applied to Nifty Futures! I have volumes for Nifty futures

Hi Nimish,
Please upload separate charts of 28, 29 JAN 2010 and 01 FEB 2010, NF feb, 1 min. If possible please color code the bars as red for down bars and green for up bars(like in the charts posted by me).

 

[Pchartis]

If you guys need I can post the hourly charts with volumes on any stock...don't have it for Nifty and you can't apply VSA to Nifty but can be applied to Nifty Futures! I have volumes for Nifty futures

Ya nimish, we need 1 min format nifty future feb series data(with vol) of last 4-5 days so you pls upload the same so bunny can explain his trading stragegy on that.
Regards,