mcfotos

Hi Eiger, just saw your post and llike to ask you a question regarding the anaylsis of the background. Are there any guidelines/ tipps of how to analyse the background? what are you looking first, what second and so on...? Is it that you just look if there are LH/LL (downtrend = weakness) or HL/HH (uptrend= strength)? Once you wrote that one have to consider in which phase the stock etc. is (accumulation/markup/distribution/markdown) and you wrote that is difficult to see where we are and you think more of different stages of volatility. Can you explain this a little more (how do you measure volatility?) As analysing/evaluationg the background is so important, your tipps are very welcome! Thanks and regards mcfotos

Hi Eiger, thanks a lot for taking time to post this detailed analysis and helping to improve ... can only add myself to the comment of Hakuna ...great "helpful" stuff mcfotos

Hi Soultrader, it works, great! Thanks a lot for your fast support! mcfotos

Hi, As I would also like to learn from my mistakes (or what I missed in interpreting the chart with VSA) I posted a chart from my recent trade. It’s a daily chart from the Commerzbank (CBK). Here is what I read on this chart (see attachment): A: WRB with ultra high volume and the close off the low. So there might be some buying in this bar. For confirmation: waiting next bar to see higher close. B: The close is lower than the bar before and the bar is a narrow bar, so I interpreted is as: In the bar before (point A) there was buying in bar but supply overcame demand as this bar is down. However due to the fact that the bar is a narrow bar and the volume is even higher than bar A, I thought this means professional money is heavily buying (that’s why the bar is narrow adn the volume even higher). Actually I interpreted it as a squat bar. I learned in this forum here, that it is probable that -+1 bar after the squat bar there might be a trend change. C: This bar is a down bar: close is lower but with much lower volume than bar B. So I thought this was a No supply bar. And here I entered the trade long (green arrow) D: This bar is again a down bar on again lower volume, which I interpreted as an No Supply bar again. E: Kicked out due to my Stop Loss So I would very much appreciate if you can help showing my mistakes: - Had I made some mistakes in the interpretation the points A-C / D? - I have to admit that the interpretation of the background was quite hard for me, but I thought the areas around G, H, I were showing some accumulation? - Was it because the week I did the trade was the option expiring trade and VSA is not very reliable in this kind of week? - Was it because the “signal” was not within the WRB and thus not so reliable? - …because I didn’t look on the higher timeframe (weekly bar)? Thanks a lot for any kind of help learning to read this (and in general) chart better! mcfotos

Hi, I would like to reply to a forum with ulpoading an attachment (picture). But unfortunatly I'm not able to do so. Every button is working except the attachment button. I also looked at your FAQ but again if press reply and than try to click "manage attachments" ...nothing happens. I tried it from my personal computer and my work computer...both times the same problem occurs. Do I need a certain minimum browser version or what could be the problem? Thanks a lot for your support mcfotos

Hi, I'm new to Traders Laboratory and also new to the VSA, however I'm trying to learn the approach for some time now. I read the book Master the Market and have a question regarding the judgment of wether volume or spread is ultra high, high, normal, low, extremly low. What should be used as a measure to judge volume and spread? For volume: compare it just to the last 2 days? Even if I do that, when should I consider it high vs. ultra high etc.? or is it better to compare vs. 30 day moving average. Also here arise the question which borders to apply for the different categories? Or appling quartiles? Same problem applies to the evalution of the spread, when is narrow or very narrow? How do you scope with this issue? What do you use? Would be happy to learn from you! Thanks mcfotos