Volume Spread Analysis (VSA) is a sophisticated trading methodology that analyzes the relationship between price, spread, and volume to identify the activity of "smart money"—large institutional traders. Originally developed by Richard Wyckoff and later refined by Tom Williams, VSA moves beyond lagging indicators to read the market's internal supply and demand dynamics. Core Components of VSA
Successful VSA trading is built on these foundational principles: vsa trading strategy pdf
Look for a sharp rally ending with a wide spread bar, ultra-high volume, and a close near the low. This marks the start of Distribution. Volume Spread Analysis (VSA) is a sophisticated trading