XTL 0.72% 4,672.7 s&p/asx 20

Hot Copper Charting and Chat, page-159

  1. 16,642 Posts.
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    I've only had a quick squiz at the VPA pdf so far, and most of it is very much (or exactly) the same as VSA or Wyckoff analysis.

    I do note that candlesticks are mostly used instead of OHLC bars (I haven't checked to see if the candlesticks are set up 'open to close' which is the standard way - but can cause issues with regular VSA analysis if you are not aware of the difference - or if they have been adjusted to show as 'close to close', which is the conventional way that VSA looks at the individual price action).

    I also noticed that they have the buying and selling climaxes completely the opposite way around than VSA.
    They have the VSA style Buying Climax called a Selling Climax, and the VSA style Selling Climax called a Buying Climax.
    Not that it makes any real difference.......in the end it is just jargon.....

    cheers
 
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