Classic Shakeout
Classic Volume Spread Analysis Shakeout (also hidden selling (module in future update)
The Shakeout is one of my favorites of the classic Volume Spread Analysis signals. The following chart illustrates a classic example of a Shakeout (SMART Grey Bar) and thanks to SMART’s Audio Alerts you wouldn’t have missed it.
Sorry for the lower resolution of this screenshot. It was taken on my mini netbook.
Please keep in mind SMART Trader itself is painting these bars which makes these patterns and setups much easier to spot and act on.
These patterns repeat themselves day in and day out and using SMART you can clearly see not only standard VSA signals but our advanced multibar SMART VSA patterns as well.
Trade setups are verified using our proprietary background scanners (included with the system).
For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit
pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat and Trading Room at http://vsa.pipbuilders.com
Good luck trading and see you in the chat.