new charts , page-68

md74,

Maybe the 90% of traders that use TA that lost their money were using the "traditional form" of TA. Learn to read price spread, closing price and volume, and you will see what is happening NOW. Traditional TA's indicators are lagged by about 3 days. VSA is not.

Just had a look at CNP chart. Give away was gap up on massive volume on the day of the announcement. Announcement came out at 13:00 but the market opens at 10:00am. Why the gap up? And not only did it gap up, it went up another 12% from there... only to be sold into and close on it's arse.

Traditional TA would've been too late to spot it, VSA would've been telling you to watch out from the moment it gapped up on big volume! Remember, Pros sell up bars and buy on down bars. Just have a look at LYC today. Who do you think is doing the buying??

Sorry for being "off topic".

Cheers,

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