I learnt this strategy from @blisstrades@vwaptraders
And main credit of teaching this strategy goes to @sanstocktrader who developed this strategy and he also taught to many people free and I am using this strategy like holy grail
(6/n)
Now let's come to stock selection
I have list of around 100 stocks in my trading view watchlist I simply sort my watchlist according to % change at 9:18 9:20 9: 25 am in morning in live market and I check which stocks coming in green at top of my sorted watchlist
(7/n)
And I keep checking charts manually in live market those all stocks in my sorted watchlist which is coming in green I check basically for if price is above 200 ema in 15 minutes and price is above pvwap and vwap and my SL is lying below vwap when my these entry conditions
(8/n)
Simple vwap strategy I use if price is above 200 ema in 15 minutes timeframe and above pvwap then buy entry triggered if 15 minute candle close above vwap and next immediate candle should break it's high SL is 1% of stock price from entry target is 1% of stock frm entry
(1/n)
Pvwap is nothing but value of vwap at last 15 minute candle in previous day so we call it previous day closing vwap(pvwap)
Now I follow simple rules to use this strategy as follows
1 If price is below 200 ema in 15 minutes chart then I avoid taking long trade
(2/n)
2 if price open gap up then I also avoid taking straight long trade in this case I can wait for if second
Entry triggered as per this vwap strategy
(3/n)
Thread
Stocks for 21 August for vwap . Watch direction of first 5 minute two candles first if they are indicating bullishness and look for vwap structure and price volume structure and wait for first 20 to 25 minutes to observe and think enough before putting order
(1/2)
Best scenario for vwap buy is if first 5 minute 2 candles indicate bullishness and then vwap clearly acting as support for price and volume expansion with green candle are more powerful
Stocks are
Cipla hcltech hdfcbank heromoto icicibank
(2/2) thrd complete
Wyckoff methodology does not predict that what does the price gonna do
Wyckoff methodology or any other gud methodology which put u on right track of analysing the market would never predict the price but only gonna show the possible scenarios in which the price move up or down
In this picture here scenarios(diminished demand than increase of supply and than no demand) represents clearly the redistribution after downtrend
And after reading signs of redistribution what happened next day crude gone negative