Trading with Volume Spread Analysis (VSA)

[adultvish]

On Friday dt 5 feb 2010
Nifty volumes were 22.23 crore, slightly above average
todays volume gonna be around 20 crore
the spread will be tight and the bar may indicate absorption of supply in case nifty closes above 4730. And closing above saturdays close will be quite strong
so, chances are there for having an upside move during this week.
again keeping my fingers crossed

 

[rajputz]

Kindly keep the posts relevant to VSA. Please find suitable threads to post about Fibonacci analysis.

I will better keep of the thread....


We have seen VSA failing for all these days....:clapping:

no matter when our methods fail we get frustrated and that is what is seen in your words around here....any ways...

keep Moving the good work here...every one is getting benefit from it. Their balance sheet knows what have worked. And if didnt, they are all holding their positions as per VSA suggests.

Our attitude is shown in our words to our followers, so better keep your words welcoming everyone to improve and suggest. Not to hinder everyone, who doesnt agree with you.

Take Care...

 

[bunny]

We have seen VSA failing for all these days....:clapping:

VSA may have failed at times, but you are ignoring its success. Go through this thread once again at leisure. Also, just because VSA is failing, no one has solicited your opinions on any type of analysis. Kindly keep the posts related to VSA only if you must.

It is said that people see only what they "want" to see.

no matter when our methods fail we get frustrated and that is what is seen in your words around here....any ways...

Whats wrong if I want to discuss only VSA in this thread? As far as I know, you have a thread of your own to update with your thoughts. Unless it is related to VSA, please post your thoughts in your thread or some other thread, but definitely not here. Do not encroach my thread to express your non-VSA analysis.

If this is not enough, I can show you situations where Fibonacci has failed. Will this stop you from posting offtopic posts in this thread?

keep Moving the good work here...every one is getting benefit from it. Their balance sheet knows what have worked. And if didnt, they are all holding their positions as per VSA suggests.

Our attitude is shown in our words to our followers, so better keep your words welcoming everyone to improve and suggest. Not to hinder everyone, who doesnt agree with you.

Whether anyone agrees with me or not, posts in this thread related to VSA only.

 

[nimish_rulz]

Aite guys..we need healthy discussion. No fights. Razputs please dont take bunny wrong. I think what he means is that using Fibonacci is not wrong but our aim is how other indicators relate with VSA. Prime aim is to make interpretation of VSA successful and how to integrate other indicators technical indicators along with it.
I would agree that VSA by itself is not working that well in current situation and using other technical indicators can help provide and make us understand the background which is important while performing VSA.

 

[adultvish]

us markets closed in negative which may put some selling pressure during the initial hours in indian markets. While the closing of nifty above 4730 i.e. at 4760 does indicate some strength. volumes are moderately good and the bar indicating the strength from buyers.
expecting to see some strong positive upmove during last hours of todays trading.

 

[adultvish]

I think this is the time we all should try to contribute as much as possible. it will be a great learning experience.
sabhi gussa thoook do. aaaak thoooo and start participating with good spirits.

 

[parveen kumar]

give me some tips for trading in commodity.

 

[adultvish]

us markets closed in negative which may put some selling pressure during the initial hours in indian markets. While the closing of nifty above 4730 i.e. at 4760 does indicate some strength. volumes are moderately good and the bar indicating the strength from buyers.
expecting to see some strong positive upmove during last hours of todays trading.

as expected nifty going up now
giving a pleasant surprise to long position holders

 

[adultvish]

as expected nifty going up now
giving a pleasant surprise to long position holders

good expectations today on the basis of past two sessions. And, it is very good feeling to see how VSA works even in contrary situations. For this upmove to continue to the extent that long position holders can have another chance to decide whether to continue holding long or to square off the position at comfortable level, we need today's nifty volume to be more than 20 crore. volume less than 18 crore will be deceiving which may cause huge rise without strong support; and under such circumstances the brain and feelings contradict each other not letting us to take appropriate decision to get out of the market.
Now us markets closed in good green and asian markets are also comfortably supporting todays big white candle on nifty. next resistance levels of nifty are around 4876 and 4951. Closing above 4876 with volumes more than 20 crore can give one another day i.e. tomorrow to keep fingers crossed.

 

[nimish_rulz]

What was this today? All the world markets rallying...Infact the Greek stock market has been rallying for past 2 days gaining 7% and India is in dumps. Most of the Asian Markets were well positive. I think there is no hope now until we hear the budget.