No, you were reasonable and then you edited the post and called me out at the bottom of the post. Just let it go. Easymon has good threads so don't ruin this.
VWAP - Did you try it? Do you use it?
- Thread starter easymon1
- Start date
No, you were reasonable and then you edited the post and called me out at the bottom of the post. Just let it go. Easymon has good threads so don't ruin this.
I already did. Leave it alone. Take care
Actually, YOU edited your post by posting this image, which is pretty cool btw.
Whatever works.
I rather use the REAL deal
Stamets is a genius...
VWAP is nice for many reasons. The first, is that this is not just an indicator, but a market. Broker dealers will transact in listed to facilitate clients paying/receiving VWAP. Look up Guaranteed VWAP for more information. Execution algorithms are using it for various purposes. For this reason, it can be used as a way to measure how aggressive buying and selling is. It's also a way to compare the after hours action with what happened during RTH.
I always have an area chart like this on one of my screens.
(VWAP with standard deviation bands)
-this is a chart of ES during RTH and the overlay is an NQ/ES spread-
[an index spread is the differential of indexes]
can trade it with long/short exposure via front month contracts
I like it because it's like a filter for price action trading. If the market is rallying hard and VWAP is going nowhere, that might indicate the move is going to be very short lived. On the other hand, when VWAP moves you know some pretty good size got done.
Price action relative to VWAP can give you insight into market context.
I always have an area chart like this on one of my screens.
(VWAP with standard deviation bands)
-this is a chart of ES during RTH and the overlay is an NQ/ES spread-
[an index spread is the differential of indexes]
can trade it with long/short exposure via front month contracts
I like it because it's like a filter for price action trading. If the market is rallying hard and VWAP is going nowhere, that might indicate the move is going to be very short lived. On the other hand, when VWAP moves you know some pretty good size got done.
Price action relative to VWAP can give you insight into market context.
VWAP is nice for many reasons. The first, is that this is not just an indicator, but a market. Broker dealers will transact in listed to facilitate clients paying/receiving VWAP. Look up Guaranteed VWAP for more information. Execution algorithms are using it for various purposes. For this reason, it can be used as a way to measure how aggressive buying and selling is. It's also a way to compare the after hours action with what happened during RTH.
I always have an area chart like this on one of my screens.
(VWAP with standard deviation bands)
-this is a chart of ES during RTH and the overlay is an NQ/ES spread-
[an index spread is the differential of indexes]
can trade it with long/short exposure via front month contracts
I like it because it's like a filter for price action trading. If the market is rallying hard and VWAP is going nowhere, that might indicate the move is going to be very short lived. On the other hand, when VWAP moves you know some pretty good size got done.
Price action relative to VWAP can give you insight into market context.
And...So where is it going tomorrow (Monday)?
That's the million dollar question.
You tell me bro. You're the guy with twenty thousand posts that makes big calls on deferred energy contracts?
I'm not the guy/gal that posts all sorts of bullshit charts with trend channels and fibbo lines all over the place in the fucking past, that say, "Guys! WoW! Look what happened!"
"Yes, and"?
Well, guys, look what happened in the past!
"Yes, and?"
Look at what happened! MY GOD PEOPLE, THIS IS IT! BREAKOUT in the PAST!
"Yes, and?"
I mean sheesh, the charts show the future! Look at the bones!
No, just a harmless little trend isn't it...
Rabbits. The ruin of trading.
Just so we're clear
I see VWAP is no better than 50 & 200 EMA.
I see VWAP as no better than 50 & 200 EMA.
The phrase "I see VWAP is no better than 50 & 200 EMA."
implies that you have exhausted all the possibilities of advantage offered by a nice big juicy VWAP.
How much time did you spend working that VWAP?