Learn to Trade by Nitesh
Learn to Trade by Nitesh

@learntotrade365

9 Tweets 79 reads Jun 27, 2023
VWAP is one of my favourite for INTRADAY TRADING
Anchored VWAP ( AVWAP ) is VWAP friend.
AVWAP Trading method for BANKNIFTY & NIFTY - PART 1
- Support & Resistance
- Demand & Supply Zone
- Direction finder
- Reversal Finder
Scroll down to get access to full method
Simple trading strategy actually helps to make more PROFITS than complicated or many indicator strategy.
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VWAP vs AVWAP
VWAP - Starting point is always at 09:15 a.m
AVWAP - We need to select the starting point.
Check the below 2 image to understand in-detail along with settings.
Scroll down for chart examplesπŸ‘‡
There are various ways to use and plot AVWAP .
I have used one of the best technique to plot along with the market direction using HH HL LH LL levels.
Check the chart to understand the method and in the next chart below i have plotted - Scroll downπŸ‘‡
AVWAP can act both as Support & resistance depend on the current trend.
Refer the below chart here AVWAP is acting as resistance. I always believe to get multiple confirmation from chart for direction to take trades.
In-detail i have explained in the chart
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AVWAP Band ( Anchored VWAP BAND ) gives a additional clue for direction and helps to identify nearest SUPPLY ZONE in form of BAND ( Vice Versa )
Refer the chart and Scroll down πŸ‘‡
AVWAP can also be used to find Trend/Direction Reversal.
One simple method if ,
BULLS are failing BEARS can dominate
BEARS are failing BULLS can dominate
Refer the chart and Scroll down πŸ‘‡
Same as above Chart but for Pullback Rejection traders.
Scroll down πŸ‘‡
End of the thread 🧡
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Above content is only for educational purpose
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