Wednesday, 25 November 2009

High Volume (VSA) trade on the Russell


Hi Everybody,

Here is a nice example of the High Volume (VSA) trade setup that I know some of the more Advanced Traders among you follow.

I particularly liked this one as it was a clear “snap back” at the DP support on a high volume (VSA) spike. The 5min chart was also showing a ABC low at this same point, which added weight to the “pattern” at this low.

As you can see, MTPredictor is so much more than simply a collection of “automatic setups” that can take the more Advanced Trader to higher levels in their trading......

Thanks, Steve