TSLA IS GOING UPPossible break out at 275.34, The market may go back to 273.53, and then goes up.
first target to hit is 283.07, and the second where we must take our profit is 286.58.
Vwapbreakout
usdcadFX:USDCAD we are see a down to demand zone after make a pulback in this zone we will go to supply zone
BTC NICE R:R SHORT. GOT REJECTED AND TO THE GROUNDThe Nasdaq and BTC in very positive correlation since January. They both fall together like a double knife. Bloodbath!!
The power of the VWAP!As day traders we use the VWAP lots in our trading and have even created custom versions of it which help us manage our trades.
In this video I go over exactly what happened to US30 / Down Jones at the Frankfurt open and the New York open, and by using the VWAP today we could have taken advantage of these moves, both up and down!
Do you use the VWAP? Let us know in the comments below!
Also attached to this video are other educaitonal videos you might find value in!
Regressive VWAP Breakout StrategyStrategy type: Breakout
Ingredients: Price, Volume, Regression
Prerequisite add-ons (free): Regressive VWAP and Strategy Visualizer
Target market: CME:BTC1! or BITSTAMP:BTCUSD
- Long Entry on Close crossing over Regressive VWAP
- Short Entry on Close crossing under Regressive VWAP
- Optional: exit when price retraces to upper band (LX) or lower band (SX)
The key to this breakout strategy is the Regressive VWAP, which weighs Price and Volume with Regression Analysis, making the slope and its bands more responsive, with a degree of mean reversion.
Below is another example, this time CME_MINI:ES1! .
Regressive VWAP Band Buffer Strategy on GC 10RRequired add-on (free): NEXT Regressive VWAP
Target market: COMEX:GC1! 10R chart
Strategy Overview:
- Long when price crosses upper band (green)
- Short when price crosses lower band (red)
- Do not initiate trades in the buffer zone (between the bands) - that is our filter
Setting Alerts:
Here is how to set price (close) crossing band alerts: open a chart, attach NEXT Regressive VWAP, and right-click on chart -> Add Alert. Condition: Symbol, e.g. ES (representing the close) >> Crossing >> Regressive VWAP >> Upper ( or Lower) Band >> Once Per Bar Close.
What Happens in the Next Few Weeks?First off, check out my new VWAP script I wrote that allows you to use multiple VWAPS on multiple time frames at one time (used here with the black lines).
If we keep this momentum, we could see a slight dip to the 2.3 levels to re-test the VWAP as support. Using the Volume Profile, we can see that the Point of Control is around 3.2 which is the first major resistance we have to break through. 3.2 also happens to be the .618 Fib which plays nicely if you are a confluence trader.
Most likely, we will reject 3.2 and bounce in between the .618 and .5 levels for a bit and create another short term accumulation. Then we break 2021 highs and go straight to the moon.
Let me know your thoughts and any other types of analysis you guys are doing.
