The main reason for inconsistent performance is due to now knowing quantitatively 'How much move is left upon trade entry (aka open equity OE)?'. To answer this effectively, the Smart Money Indicator(SMI) was developed by the quants in the 1960's to help quantify a top or bottom (T&B's). From this quantification of a T&B, you can derive 3 stats that can help you gain optimal entries , stop losses and exits. However, a small limitation of the SMI is in selection of the T&B's that are going to run to increase your net profit margin.
Volume Spread Analysis (VSA) helps you overcome that limitation by looking at the volume that would support a big move either from top to bottom. The pros by at the bottom and sell at the top and in between, they manipulate the markets - to the detriment of the retail trader. VSA identifies the activity whey they buy, sell or are not involved.
Combine these 2 complimentary methodologies and you have a uniquely powerful, robust and scalable strategy. To watch both indicators live in action, click the video below.
Volume Spread Analysis (VSA) helps you overcome that limitation by looking at the volume that would support a big move either from top to bottom. The pros by at the bottom and sell at the top and in between, they manipulate the markets - to the detriment of the retail trader. VSA identifies the activity whey they buy, sell or are not involved.
Combine these 2 complimentary methodologies and you have a uniquely powerful, robust and scalable strategy. To watch both indicators live in action, click the video below.
