NSDQ EOSEEOS ENERGY ENTERPRISES INC COM CL A EOS ENERGY ENTERPRISES INC COM CL A selected Last Price by Size over ExchangeLast Price x Size / Exch Last price: 2.7961 Size and net change: x5000shares,Ddown-0.6039down(-17.76%) Bid x size Bid price by size 2.79xby1100sharesQ Ask x size Ask price by size 2.80xby2600sharesU Volume Volume 10.00M
There goes COIN... if it busts through VWAP, it's off to the races today Stoney! You better get long.
There it is... gonna be fight there.... if it holds.... up it goes. Watch and learn Stoney. Park the narcissism at the door, open your mind... and VZ will teach you what you need to know to elevate your TA skills to the next level. And beyond. $78.15
Vz!! I'm reading back and laughing my ass off-- still trying to justify getting smoked on COIN of getting the children in at $84 only to see it sink like the Titanic all because you used VWAP wrong.-- Of course this is another Van paper trade so all the numbers will be re written but we have the real time proof. -- he's gonna make 2% here kids... or is he. lol. What Van is now describing in his third attempt to re write his losing idea--is what I gave you all as a suggestion better than VWAP--anchored VWAP... The only problem ifor Van is he doesn't seem to understand that it's a sell when you hit the VWAP line from an anchored VWAP position. After a gap up from the anchor you sell at the VWAP line not buy.. Whoops! Like I said a little knowledge is a dangerous thing in this game. First off You must combine with other indicators- If Van had done that would of realized down goes Frazier! What is Anchored VWAP? The VWAP is constantly calculated from the start of the market open to the close. For any number of specific reasons, a trader may want to specify the starting point to start calculating VWAP at a different time other than the open. This is where an anchored VWAP is used. An anchored VWAP starts calculating from a selected starting period by the user. There’s a number of reasons for using an anchored VWAP like trying to normalize a price due to a large price gap up or down.
ROTFFL Dude you are making my point for me. And this has to do with you saying it's designed for swing trading how? Read the part again about "start of the trading day". DOES THAT EXAMPLE LOOK ANYTHING LIKE THE CHARTS WE ARE DISCUSSING? NO!
One kind of funny thing is Van watches the whales in Options and that's why those get screwdd up. You just must think for yourself <----. but in the same way Whales spoof you and lure you in, I can tell you 100% institutions and HF's use VWAP to trick people like Van, making VWAP a very unreliable indicator by itself. Popular Indicator Since VWAP is such a popular tool utilized by traders, it can often have characteristics of a self-fulling prophecy. If a stock is trading higher but still under the VWAP, traders may anticipate the test of the VWAP and step into a long position targeting the VWAP. As traders jump on board trying to get ahead of the next trader, the stock may naturally rise towards the VWAP. On the flipside, bears that expect a rejection at the VWAP may place their limit orders to short-sell the stock at the VWAP expecting profit takers and more sellers to come in. The VWAP is most useful when combined with other indicators or with a trading methodology.
I mean.... that's exactly what the chart depiction should look like if there's a huge intraday spike. BUT YOU WERE TALKING ABOUT A GAP UP OPEN.