Trading with Volume Spread Analysis (VSA)

[rajputz]

i am long on suzlon, but not according to VSA. May be some one else can shed his her view...

 

[bunny]

can we go long on suzlon

As per my FLAW experiment, yes, you can go long on SUZLON.

 

[niludeepak]

suzlon- narrow up bar, close in the middle, black doji candle in underlying ,doji in future, volume less= showing no demand , although prev bar showed signs of reversal, it may take some time consolidating , at least todays bar shows such

 

[nimish_rulz]

FTSE is just 50 points below its 18 months closing high. Switzerland has already broken that 52 weeks level. Asian markets lagging behind by a long way expect some sharp up moves. FIIs bought stuff worth almost 1400 cr today. Regular buying from FIIs since the 14th feb with only 2 sell days. Liquidity coming in the system at a great rate. Expect some more liquidity with strong dollar as Indian markets become even more lucrative. However I am very cautious of the douple top at 5300 for nifty. First resistance now is at 5185 levels.

 

[chaitanyagoa]

FTSE is just 50 points below its 18 months closing high. Switzerland has already broken that 52 weeks level. Asian markets lagging behind by a long way expect some sharp up moves. FIIs bought stuff worth almost 1400 cr today. Regular buying from FIIs since the 14th feb with only 2 sell days. Liquidity coming in the system at a great rate. Expect some more liquidity with strong dollar as Indian markets become even more lucrative. However I am very cautious of the douple top at 5300 for nifty. First resistance now is at 5185 levels.

Dude!!! U are matching my ideas/interpretations word to word:clap:

 

[Pchartis]

If my analysis can be consistently wrong no matter how hard I try, then my trading could be consistently winning by doing the opposite! Hence I am calling it the "Flaw system". Basically, I will fight myself, and still try to make money from it.


Hi bunny

I am not here to advice as I myselef is a learner but just a care for trader friend

This thread will continue. Infact, this thread will be the base of all trading ideas posted in the "Flaw system". I can be bearish in this thread, and still advise long in that thread.

With due respect to every system don't you think that you are adding to more confusion. You are following flaw system by taking signals from VSA ie you are doing exactly opposite of your view but when after seeing weakness in chart if stock goes down or when after seeing strenght if stock goes up then what ie when VSA will work and not your flaw system. I think you are searching for HOLY GRAIL in trading system which never exist. You have to learn diffrent trading skills and adapt as per the need or scenario changes. Following which system at what time is the ultimate success of traders, which comes from experience and time.

I am now trying to capitalize on my flaws, instead of trying of trying to develop it further.

No system is fool proof or self sufficient for trader if that so then don't you think many experienced and elite traders in this forum itself would have mastered VSA and ..................If you study trading style of different successful traders(Consistant profit with minimum loss) they are applying diffrent trading tactics with combination of diff trading tools.

Not rigidity but flexibility should be our style, don't you think so?

Regards,
Panno

 

[niludeepak]

this is not because suzlon is going up today and i ve, a few post back, said that sulon is having no demand yesterday, but in general, vas has to be taken as 'potential' inside a stock.

26th feb graph showed strength and reversal in suzlon an y'day it was no demand, but reversal is not going to happen in a single day, it is cummulative strength that works , and so i feel, vsa gives us a feel (touch), but it does not give us vision (sight)

market is like elephant (even much more complex)to those blind men, each of them were correct
fundam analysis, technical analysis, volume spread analysis , market profile and i dont know how many more are all blind men describing the same thing

and how much more we acquire intellect we are still blind men, for whenever we apply that knowledge we apply the same with our emotions and assume that we have applied our intellect, there is no way, we humans can do otherwise.

what i m left after loosing again and again in market is that , only mechanical trading survives

we should choose a mechanical trading strategy to our taste, and then go become a zen monk (as trader.trends feels like one)

 

[nimish_rulz]

Hey Guys! We all need to relax. The market is moving because there is strength in the global markets and budget gave it the trigger. Any weakness in the world markets will make our market fall too. It is because there is huge correlation between all the markets. So taking calls on Nifty using VSA maybe correct but the bullishness in the world market might have hindered the move. However, I have been of the view that the market was bullish when it crossed 4800 after testing 4675. The saturday when the market went down to 4670 and closed positive shows clearly that it was a test of supply. From now on I request that everyone post a chart or something that can make us understand why we are of the view. I ll post some charts maybe later tonight for the stocks that are bullish. The other way to see the markets is to look at gold. I have been stating this for n number of times that Gold has been rising consistently hence there should be a reversal soon.

 

[deneb]

For suzlon promoters sold 400,000 shares on 26th Feb. Maybe that should be factored in. May be you dont give much importance to these factors. If so my apologies.

Regards,

 

[rajputz]

For suzlon promoters sold 400,000 shares on 26th Feb. Maybe that should be factored in. May be you dont give much importance to these factors. If so my apologies.

Regards,

What do you mean exactly...be precise...