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What's going on guys? I'm gonna try to make a quick Anchor view app video for you guys posted to Twitter uh first time posting a video to Twitter so I think they have to be pretty quick video. so I'm gonna try to make this pretty quick. Uh, and if in the event I learned you can post longer videos then I'll make a more detailed one. So in this, I'm not going to describe every single thing I'm doing, but if you kind of mimic it and you know, follow it. you could probably come up with the same if you don't know already how to do all this by following my YouTube channel. So I'm going to go ahead uh and just kind of start. These are old Anchor View apps so if we were to get over this, that would mean that these are no longer kind of valid for shorting against Um. And then the day that I'm showing you is uh, it's a Wednesday So it's uh, is either like a CPI release or an Fomc sort of day. Most likely a CPI or like a PPI Roots but probably CPI So you're going to see the market fly up here. So on days where you have like CPI events, PBI events or any really big Catalyst that moves the market uh, extremely big pre-market like you're seeing here. This is the same day that I'm showing you guys, generally you're going to want to Anchor to the bottom of those days and it'll give you kind of a good flow. So um, I'm going to go ahead and kind of show you that. So I'm going to go ahead and I'm going to Anchor a view app on this chart to here and we're going to change that to low. Okay, and then um, you get the 50 SMA break about there. Let me double check something. Hopefully this gets posted to Twitter No problem. but I'm trying to do kind of quick ly there? Okay, so yep, I'm gonna go ahead and hit play here on this screen. All right. So we should explode here pretty soon. Okay, I'm gonna pause it. So I'm going to Anchor a new vlap to the bottom of the CPI release day is what I believe it is. Okay, so we're gonna go here all right. So basically what's happened at this point is back in this day, which was just like a day ago. We got a Bearish cross and so we had sort of a bearish day yesterday. So we're kind of shorting this trend down and then we go into pre-market And in pre-market we get over the previous bearish cross V-waps So that's going to be sort of an early signal to be cautious of shorting. maybe stop shorting since you got over the previous yellow line. So basically Bearish Cross, this is our short level. If we get over it, we close and since this is a CPI day and we squeeze up, we're just going to Anchor a V-wap to the bottom of this move. In the anticipation, we get a new bullish cross. So this line in the chart is signaling where we get a new bullish cross. So ultimately, um, I will change the colors of these. So let me change the color of this one to Blue. Okay, I'm gonna change the color of this one to Red so we can distinctly tell between the old and the new. change this to red. Okay, so now we're going to hit play and basically what's going to happen is you're going to see these levels used as support. Okay, you can see we get close there but we don't touch it. Okay, we come down, we get onto it right there and we bounce. Okay, we're starting to bounce. So pretty much what is happening right here in this dip is this is the first test of the volume weighted average price V-wap from the low of this CPI squeeze. So that's going to be our entry point on these days and ultimately we're going to trade this first. Trend until this first Trend were to fail. Okay, and after we get this cross in here so I can delete this line, it was just a reference point. Okay, after we get that cross on the moving averages right there. which is going to happen because I know it is because I'm in a back test mode. It's going to happen right here on this chart to the right. This is when we're going to get a true cross in the market and that's a buy bullish signal. Okay, after we get this cross, this red line and this blue line indefinitely become our dip by levels every time they're touched until they fail. and then I will show you another tactic to find DIP buys for continuation trend. For when the market is moving upwards but not touching this line or this line, this line and this line are your dip by levels. Once they move, there are dips in between that you can capture as well. That tactic is V whapping the V web and I will show you that. So let's go ahead hit play. Okay, and I'm actually going to start it. Sorry I already meant to start because since we came into here and pretty much got bought instantly, um, you're just going to Anchor a V-wap to this candle low. Okay, and now this is going to be your immediate Trend continuation dip level and if this one were to break, we're going to go to this one. But ultimately, once you enter here and go long right, you would always Target back to highs or previous demand. Okay, so we'll just show you how this plays out. Okay, so you can see we're testing right. Hold on. So this is the CPI volume weighted average price. That's our dip by level to start the day. If it works really well. that means basically in the concept being is if this is a strong volume weighted average price in strong buying volumes coming in on it, then this is very important volume. So it'd be nice to find out the volume weighted average price of this extremely important volume of this extremely important view app of this extremely important CPI Release: Get it cool so that will become our dip by level for immediate Trend Continuation off our initial CPI view app on the day. Okay, we're going to continue and just kind of hit play Bounce Maybe another bounce bounce break. Okay, now when we broke, you can see we got kind of close to the one below. blah blah Okay, continue and arguably and I kind of forgot to the more you do this, you'll get kind of busy on your chart. But Ultimately, every test of the V-wap would then be a potential new anchor point so you can decide how many you want to do. That make sense for you, but you could ultimately then go Okay, we tag this important view app of this important view app. so now this is going to be the immediate Trend Okay, you will see kind of dip by dip buy up. Okay and then you can see it snaps hit the next one right now. Arguably, we didn't hold this level perfectly. we bounced. But same concept. You can already go ahead and anchor a view app to this low and that would be kind of that. Trend Continuation: So we can go ahead and continue hitting play here so you can see how this all develops and I will stop talking as much and just kind of let you let it play out. Now, Obviously, you know that when we snap those red lines, that would be a potential sell signal there in the market. Oh sorry I missed the price, but you can see we kind of gapped up. Now let me pause it because remember, we have to remember what lines we're looking at. Okay, the very low red line which I'll now change the color of so it's more recognizable. I'll change this to purple I Like this color that's basically still read uh, one second, change it to E green. Okay, all right. so the bottom blue and the bottom green are the hard line support levels. These ones were just v-waps of the initial tests that help your immediate continuation. but your correction tasks are expected to be the greens and the the green and the blue at this point. Okay, let's go ahead and get back onto the screen. Hit play. So ideally what we should be doing is getting ready to buy a dip here into this green and into this blue. Okay, and ultimately, we want to see this. The trends stay above that. Um, one second, let me get over here. I might be going too far, but anyways, we ultimately want to see the trend stay above that. but that's going to be our low risk dip buy level. uh for now. Okay to continue on with uh with this trend. So let's go ahead. get over here. Hit play. Uh, so now we're into the overnight session, but you can see we've come down to that. blue and green did a little consolidation bottom there so far we're holding. looks like the next morning pre-market this little yellow shaded area open with The Gap up. Get back over again. get back over this little Trend here, blah blah. Oh, let me pause it. Um, and and pretty much I'm gonna pause it and sort of just delete these old ones because again, we were using them for immediate continuation off sort of those previous bounces. Um, but you can see this bearish move took them all out, which took us back to the initial V web. So ideally we can just restart our anchors off this one. And so now this would sort of be like the immediate Trend continuation of say this move right now. Maybe we'll just add one there for well, that doesn't really. Oh I didn't click it. Maybe I did I don't really know. there you go. So we're going to kind of click and add some important spots there. So ultimately, um, you know these new two green lines are your immediate continuation dip buys from this greater lower risk of dip buy. All right. So we go ahead hit play sorry I kind of already forgot and ultimately that's the thing. Once you come down and you and you hit your view app that you've chosen and when I say chosen it's not random, it's at a specific point you know, so arguably you're on to the next one right? So now this would be the immediate Trend continuation of this V-wap test. Okay, and you can see you kind of get the dip right there and then ultimately that's a retest of this View at below so we could add your next one right there and that gives you kind of your next new one. And so like I was saying, the more you do, the more confusing it is to a degree and the more that you do, the less significant those new ones you keep doing are because it's truly you know these initial V whaps that we're most concerned with and then say you missed this bounce, you tag a V web here and go. Okay, if this trend is going to continue, where's my low risk entry for this initial V web trend and you would continue over and we'll do whatever it does all right so you can see. We started the next day with the gap down into sort of our view app continuations Remember the lower green and the Lower Blue are ultimate dip by level until it fails. and ultimately if you were to take out this green zone from The continuation move previous you would expect, maybe you pretty much just expect to fall back to this volume weighted average Zone and ultimately same story you could if you want tag a view app off that low and look for a dip from that point forward I have now 10x the speed. Okay, we've broken that view app. you go down to the next View apps, etc etc. so that is about as in depth as you could probably make this strategy and approach I'm teaching but at the foundation of it you know wholeheartedly the foundation of it is really this. Let me show you once you get and remember this line here. this little blue line that was the start point of the new bullish signal into the market. Okay now again, you wait to Anchor your view app. so you get a bullish bearish cross 1050 SMA open high, low, close chart. But on a day where it's like uh CPI or maybe a Fed day, something like that, a big day to day and you get this impulsive move, you can assume that such a big move will probably create a cross and you can already start implementing uh, those V-waps So those are the only times where I'd say you anchor the V webs prior to across because you kind of expect one with such a big move into the market on a PPI day and then your low risk entries become that V-wap level. So regardless of tagging a view app here to get this trend, ultimately this is the trend right here and then. Within that you'll have smaller fractal Trends off this trend. So ultimately you dip by. Maybe sell, dip, buy, maybe sell however you want to manage, That is all up to you. Um, but that's your. that's your dip by entry Zone based off of moving average crosses um and volume weighted average price associated with such crosses. Hope you guys enjoyed that video.

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4 thoughts on “How to use trading view anchor vwaps for momentum trading”
  1. Avataaar/Circle Created with python_avatars Keezer says:

    Gonna try this on Monday in combo with your fibs teachings. The re-anchoring is a brilliant idea.

  2. Avataaar/Circle Created with python_avatars B. Sharp says:

    Youtube is great

  3. Avataaar/Circle Created with python_avatars jvictor2x says:

    You can use the additional avwap’s as stop losses… that’s how i do it

  4. Avataaar/Circle Created with python_avatars Adeel Hussain says:

    Thank you so much, plz plz do make more of Tradingview videos specially on fib and deviations

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