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- Joined Aug 2009 | Status: Reading the TAPE | 2,334 Posts
Wyckoff VSA: (1) Supply & Demand (2) Effort vs. Result (3) Cause & Effect
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Disliked{quote} am not a trend hunter, was often punished for it idea it is of course that's it for this week, no trade tomorrowIgnored
Disliked{quote} 1. EvR: Effort versus Result. Also known as a Squat. This is usually a narrow range (H-L) interval (narrower than the one before it) but with increasing volume. So it has a smaller range than the previous interval but larger volume. This is a sign that something is compressing price movement. This sometimes referred to as absorption. In the chart posted, the sell orders were being absorbed by buy orders. 2. 2BR: 2 Bar Reversal. correct. 3. WRB Divergence: Not a VSA term. This is a particular price pattern taught by WRBtrader (Formerly known...Ignored
DislikedIn some cases,, I see you taking WRB bodies, in others, I see tails. Just wondering. Thanks.Ignored