Here is the 15min ES chart. As you can see, the 3min VSA setup fell right at larger degree 15min DP support................ Making the 3min a good setup

Thanks, Steve

VSA – High volume spike

Hi Everybody,

I was asked about the high volume spike (VSA) indicator in MTP v6.0 in my Advanced Strategies webinar yesterday. Well, there was a brilliant example of this that nailed the very low of the day in the 3min ES yesterday.

As you can see, not only was this on a VSA bar but it also on Stochastic and STF divergence. Remember we need the bar “after” the VSA bar to find support or resistance at DP or WPT levels. Here the DP nailed the very low of the day for you !

But, and this is the big but, this was also perfectly “in line” with the larger degree (15min chart) as the 15min ES was right at DP support at this time as well. Please see the next post.

What a great example of the VSA indicator in MTPredictor v6.0

Steve