Maximum Trading Gains With Anchored Vwap Pdf Better
When a stock gapped up on huge volume, Leo anchored his VWAP to the high of that candle. He realized that as long as the price stayed above this line, the "big money" from the gap-up was in control. The Pinch Play:
Maximum Trading Gains with Anchored VWAP: A Better Approach (Using dynamic support/resistance, trend confirmation, and volume-weighted precision) maximum trading gains with anchored vwap pdf better
Once anchored, the AVWAP line tracks the average true value paid by volume since that moment. It does not reset. This provides a dynamic, unbroken support/resistance line across days, weeks, or months. When a stock gapped up on huge volume,
Applying bands (usually +/- 1 or 2 standard deviations) around the AVWAP aids in profit taking. and volume-weighted precision) Once anchored