Tuesday, October 18, 2011

October 18th, 2011: Nice VSA Setup - Shakeout Bar!


Hello Traders,

Today we saw a nice VSA (Spring Setup) when the volume went to extremes and then the market reversed at the prior day low making for a very nice LONG setup.

To top it off the 50 Bar MA Crossed over the 200 Bar MA and a very nice trending move LONG developed for almost a 6P move before starting to pullback.

Good Trading,

David "Tiger" Knight

No comments: