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millerol
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Everything posted by millerol
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Do you guys know any good chatrooms for day traders that trade futures? Thanks
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My first attempt at a VSA explanation. Be gently....Please! I feel like Tom Williams is my Jesus (Come with me and I will make you a fisher of Money)
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Here is my first attempt at explaining VSA indications or setups, basically testing my skills, I know that some of you are experts and I can only dream of getting to the level you're all at, however, I managed to create my own VSA indicator using the ThinkorSwim platform which offers free realtime charts (ThinkorSwim is absolutely amazing). The study at the moment only has indications of strength...strong signs of strength are pointed out on the chart as arrows pointing up....potential strong bars are indicated in the volume and price spread. Notice that I have created a histogram of price spread, this in my opinion will help alot as it is visual where as in the tradeguider software they just give you details about the spread. Trading is a game in my opinion, the banks and insurance companies which I think are the largest players (Governments are up there too) try to set traps for you. I thank Tom Williams everyday, I feel like he is my Jesus (Come with me and I will make you a fisher of money). When you look at a price chart all you see is money, the up bar is money the down bar is money....I will leave it there for now but comments are welcome.....peace!!!