AGO 0.00% 4.5¢ atlas iron limited

AGO technical analysis, page-778

  1. 2,103 Posts.
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    @raine, thanks for your great chart

    I tend to use a simple OHLC chart with SMA8 and SMA24 for my day trading, and candlestick + volume for longer term trades. I must confess to not having heard of VSA, so have been reading about it (e.g. https://www.tradingsetupsreview.com/guide-volume-spread-analysis-vsa/), and while I inherently understand what it's about, on first impression I find that a VSA analysis doesn't tell me any more than a simple candlestick chart and volume histogram. Can you tell me why you use VSA? The good and the not so good of it, plus what extra information it gives you about AGO at the moment? In what way is the VSA 'supportive at these lows'?

    Thanks, GW
 
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