When demand exceeds supply, prices rise; when supply dominates, prices fall.
Volume Spread Analysis (VSA) is a specialized trading methodology that examines the relationship between , price spread (the range from high to low), and the closing price . Its core objective is to identify the activities of institutional "Smart Money"—large banks and hedge funds—to align retail trades with their market intentions. Core Concepts of VSA vsa trading strategy pdf
VSA traders look for specific bar-by-bar setups to determine market strength or weakness: When demand exceeds supply, prices rise; when supply