You've been requesting a lot of live trading videos and lessons about V-wap indicator strategies, so that's all we're gonna do today. In today's crash course, we're going to be covering both types of video lessons in this V-wap Trading Strategies Crash course. Hello! Traders Welcome to another humble Trader video My name is Shea AKA The Humble Trader And today your aim for a treat also. Trader For over eight years now, I've used every indicator in the book and found the best ones these days.

I Keep my charts very clean. The only indicators I use nowadays are V-wap indicator, volume, and of course Elon Musk Twitter account. This video crash course is dedicated to my favorite and the most versatile indicator to trade with. The WAP V-wap can also be used on large cap and small cap stocks on the long side or the short side.

Ladies and gentlemen, when I mastered trading using this one indicator Nothing Was The Same ever again, including my marriage with my ex-husband Mike bag holder. This crash course is meant for you to learn at your own pace. Whether you've never traded with indicators before, will have some experience with V-wap and I guarantee you'll learn something new in this video and you can Implement in your own trading strategies. This V-wap Trading Strategies Crash Course will be separated into four chapters in each chapter.

You're Gonna Learn Step by step using these V-wap strategies. Number one: what is V-wap indicator and why is it so important for trading? Number two: my favorite V-wap trading strategies, Number three: Live trading using this V-wap indicator and number four: The dangers of using V-wap indicator that you need to avoid. If all that sounds good to you, please remember to drop a like at the bottom of the video and now let's get started. Okay, before we can go into the details of multiple V Web trading strategies I have for you that starts with the basics: what is Vwap and why is it so crucial to my day trading strategies and how do you set this up? V WAP stands for volume weighted average Price and the reason it's so powerful for Traders is that it takes both the price and volume into calculations.

It's not like the moving averages for example EMAs and Smas where the formula is only average out the price, but disregarding the volume. V-wap is a very powerful indicator that can provide you with short-term support and resistance levels in trading. It's a great indicator for long and short strategies as long as you can remember these criteria that we're going to talk about. In the most generous sense, V-wop indicates the strength of the stock short term, whether there's more buying volume or selling volume.

If a stock is trading above V Web, that means the Traders perceive it as bullish because the majority of the volume is in the buyers bidding, the stock price higher, and once it breaks beneath the web, it's considered bearish short term because the overall volume is people selling the stock. V-wap indicator works extremely well for large cap stocks and it's especially useful when identifying traps when trading small cap stocks as well. For example, when traded lower float small cap stocks, the only two indicators that use is V-wap and Volume. And don't worry, we're gonna talk more about these traps later on in the video as well.

That's the reason Traders Like to use a V-wap indicator as a signal for Trend reversals and for entering the stock long or short. Okay, let me let me show you how to set up this V-wap indicator on your trading platform. Okay, so over here you're looking at my trading view platform. I Have my daily chart on left hand side here for Tesla stock and intraday five minute chart.

This is how I recommend you to set up your charts layout. Now we want to put the V-wap indicator on the chart right now. So to do so on your trading platform, go find your indicator settings. In this case, I'm trading view it's over here and I'm gonna add just search V Web over here so you can see right here.

volume, weighted average price. So just click this and you can see on the screen you see like three lines showing up, not just one. And this is what happens on most trading platforms. You're gonna see this on think with Swim interactive Brokers as well I Believe and a lot of other ones.

What you're gonna do is to remove the upper view app and the lower view app and really keep the the true V-wap indicator that we're gonna use for trading strategies. So to do so I'm just going to double click to show up the settings. you can see upper band, lower band, just deselect it and what I'm gonna do is if I'm moving here I'm gonna make the view app um, a lot more visible for me to see. I think this length will be good and you can also change the colors as well.

We can do this. Um, Interactive brokers think will swim um Weeble a lot of other platforms as well as Dash Trader Pro So once you configure this, just click. Ok, I'm gonna remove the fill I don't need that and just click OK And voila, you have your intraday V web. You can do something similar on the daily chart as well if you wish.

but I Personally only use the intraday V-wap on the two minute and the five minute. So let's talk about how to use V-wap to find entries now. So for example, over here you can see Tesla stock at the open is spiked a little bit and sold off. Um, so essentially rejecting the red to Green Line and sold out to Red This would be this particular day over here on Tesla stock and it's only once it's able to get above V-wap after two attempts.

actually once your breakout failed reclaim at around 10 50 11 o'clock Then you get the true Trend reversal and you can see the star just steadily get bought back up and closed strong. Back to the open. So this is what you want to look for and this is what we call a V What reclaim when a star breaks down V-wap once twice and then in the middle of the day. Usually that's when it happens around 10 30 to 11 o'clock If it's able to break above V-wap again, look for higher lows.

You can see this lower day. Um, this is low on the five minutes is higher than one before higher lows reclaiming. Overview of the blue Line again and higher low swanks Again, you can see creating these steady, steadily smaller higher lows. and that's when you have the trend reversal to the upside.

Another thing you can look at is volume does that up. Trading stock finally have some consistent and ideally increasing in buying volume on the five minute charts. So on Tesla it's a little bit harder to see, but you can see the but selling volume is decreasing after the 11 o'clock that we talked about. This is cleaner Um, sometimes the five minutes or even the 15 minute chart.

So if the answer is yes to all of the above questions, higher lows, higher highs V1 reclaim as well as increase higher in buying volume down here at the volume bar then you can look for entries and pullbacks to the upside. Now let's look at the second example, which is the exact opposite when the stock is breaking down below. V Web like you can see here, breaking down and keep on rejecting V-wap Remember, instead of reclaiming it like Tesla did earlier, it keeps up, keeps on rejecting. You can see this is the five minute chart over here.

Try to retest V1 Reject Sell off once again here. Reject Sell off. Try that again, try to reclaim for a third time, reject once again on the five minute chart, and then sell off into the close with an increase in selling volume over here in the end of the day. This is the sign that this stock Nvidia is extremely weak and the sellers have control of the stock.

It's unable to even break out a V-wap indicator. So if you see the stock is staying beneath V Web for an extended amount of time after so many retests, and you see the increase in selling volume like we talked about, then you are gonna see a no-bound city. To the downside: So it's really likely that the stock is going to break down multiple supports and close at the lows. In this case, it will actually be a better stock for you to short sell.

This is just a very simple way that most Traders use V-wap It's a great guide to show you whether the stock is bullish for you to buy the dips or if the stock is weak and bearish for you to short the little bounces. Chapter 2: My view: up trading strategy step by step. Okay, so now that you know the basics of this V-wap indicator and you have it set up on your trading platform now in the next chapter I'm gonna walk you through the most complex but the profitable move you can make with V-wap indicator which is smashing the like button. Okay, just kidding I'm sorry for real Now in the next chapter I'm gonna share with you step by step my three golden tips for V-wap trading which are how to use a V-wap as a key level, how to maximize your profits with V Web, and how to use a V-wap indicator to spot short trap consolidations most of you guys probably know by now I Like to keep my charts very clean.

All the indicators I use on my charts are this blue line here which you can see this is the V-wap over here I Use V-wap and volume and that's all I use So just a quick overview here. if a stock is trading above V Y, so you can see the stock ape AMC preferred Equity If the stock is trading and holding above this blue V-wap line, then the stock is perceived as bullish that's due for a bounce. Now on the other hand, if it's saying below V web like the day ipo'd Um, you can see the stock broke down V-wop that blue line and stayed below it all day long, then that's perceived as very weak in the most. General Sense you want a short stocks that's below V-wap and long stocks, it's holding above V-wap So the first tip I have for you is using V-wap as intraday key support.

Now looking at the stock here: I-n-d-o This is a smoke cap stock on screen here. very low float stock. It's a former Runner um previously on the data you can see it ran multiple times in the past before over here. You know in this day it went from nine dollars to all the way to 70 and 80 dollars.

So this baby can go now. On this day the stock actually he gapped up with the rest of the energy stocks. Now when the stock broke above the nine dollars area which you can see here on the daily chart then this this is what we call a daily breakout. So you can see the stock broke out above it right at the open you know broke out from 9 to 950 and where did it pull back to it pulled back to V WAP You can see it pulled back a little bit to 917s.

may try to attempt another new highs 980s and each time it pulls back it's holding well. Above This V-wap Indicators you can see totally 930s and slowly Consolidated making higher lows, you can see a bounce up V-wap create another new higher low here 960 and that's when it broke out. Squeeze through the higher day and into the 11th. So this is one of the best ways to use V-wap indicators.

First of all, you want to make sure you have a daily breakout on the chart and this applies for both small Cap and large cap stocks and especially early in the morning if you see the stock is breaking out but holding back just a round. V Web holding higher lows than a lot of times. That's a great entry on the long side and you can ride it to the moon. Okay, not to the moon, but to 11 our next leg breakout.

you can see a pullback once again. This time around, it held well above V-wap and made another breakout move to the upside to twelve dollars. Like we just said, it works just as well for large cap stocks, if not even better. Now we're looking at Oxy another Energy stock.

This stock was extremely strong. out of the gate. same idea here. You can see it broke out right above yesterday's highs of 71 dollars right at the open.

Look at the volume down here. extremely strong. So we have a daily breakout with strong intraday volume and you can see the stock you know held well above V-wap for each of these five minute candles. This is how you know the stock is.

This is a strong breakout and you can use any any dips towards a view up area as your long entries. Now if you're a more short biased which you guys know sometimes I Am for the small cap stocks, this is not a chart you want to short. I Saw this thing this morning I did trade it on the long side. um and I did tell everyone hey don't short this especially when it's a large cap stock you can see every single dip towards V-wop is getting bought back up.

Every single attempt to break down towards view app it's getting bought back up. That just tells you how strong the stock is. so if you are sure bias you don't want to show this thing Now this brings us to tip number two using V-wop to maximize our profits, especially when the stock is breaking down. You guys know that I Love shorting meme stocks whether it's Bddby or AMC in the past before.

And the reason I love it is because once the stock as you can see breaks down V-wap it stays extremely heavy and a lot of times they fade all the way into the clothes. So looking at this stock here Bbby it's a meme stock that's been getting a lot of attention in the last couple weeks. Uh, you can see the stock. This is this red day down here.

The stock has sold off from all the way 26 dollars down to 18 and now gapping down to around ten dollars. Now on this day actually traded first on the long side for the stock I loaned the stock from ten dollars and sold into 11s and twelves and once I see the stock staying heavy and breaking down red to Green area and went red on the day and then now it try to bounce out V-wap right. You can see earlier we talked about when you have a breakout that V-wap should be your bounce area but in this stock it was extremely weak. You can see it tried it barely bounced above the V-wop It bounced maybe like 30 cents from 10 30 to 1060 and it just cannot hold above it.

So once it's broken down V-wap that's my sign that hey, if I was long I need to cut it now because I know that once this stock a stock like this, it breaks down the web. it's likely to fade all day and staying below it. So that's exactly what happened on this five minute chart. BBY You can see once I bailed on my long side it dumped below V-wap from 10 30s all the way down to 980s.

it attempted to bounce one time that V-wap now acts as resistance. You can see it tried to test out Blue Area here 10 30s but it's unable to even like retest and reclaim that area. so that's how you know. the stock is extremely weak so you can see that's how the stock you know rejected that view up area multiple times and continued to downtrend all day.

It's the same idea the next day as well. I mean if you look at the next day which is this morning had a small Gap up overnight you know try to break out with the rest of the market. You can see a lot of Wicks around the top end of the Candlestick and if you learned anything from a price action trading video, all the wigs I'm the top end of the candle especially around resistance. That means the stock is getting sold into.

That means it's weakness for the stock. So these main stocks AMC Bbby and now I'm sure ape they'll trade very similarly once they break down V-wap they fade all day. So if I was short biased to maximize my profits I would try to write it out for the entire day on the short side and in fact I've actually swung short AMC multiple times for multiple days. The next tip we're gonna talk about is using V-wap to spot short trap consolidations.

This is something we've seen many times, especially with the low float. Runners The meme stock Runners A lot of times this is exactly what led to the huge breakout. so that's why it's very important to understand what short traps are and how to use them to your advantage. But before we go there, make sure to tap the like button.

Just like how my ex-boyfriend almost trapped me. What? But don't worry I escaped. so things are all good. but remember to smash the like button.

So speaking of short traps I Do think Vwap is the best indicator to use for for spotting this this kind of price action. So looking at Ape now: AMC preferred shares today, especially when it started breaking down V-wap that's when I started getting it short. so I was short the stock I did cover some around 660s, but I did think that hey, since staying below V Web like we talked about, it looks like it's gonna fade all day just like the Bbby and AMZ example we talked about. However, if you go to a two minute chart now on on Ape, you can see no, yes, it dropped all the way down to 650s, bounced back to 690 and slowly faded down lower.

Now, a lot of times when you see this, you see the stock holding a double bottom. That's what these like you know Meme stocks they usually tell they trap you, they hold a they have a small false breakdown from 654 down to 649. you know, take out, some stops, take out some weekends from the retails, and then that's when it slowly reclaimed back to V-wap So a lot of times they go straight back on a really low volume so you can see when from 650 up to V WAP 690s you know I had to stop around like seven dollars area I Didn't get stopped out I was thinking okay, it might be a fake out. You know that V-wap could act as resistance like we talked about earlier, but no, this thing actually breaks down a little bit and held a higher low.

So what higher low looks like is this low right here? If we kind of just draw a line here, this low area is higher than the previous low the double bottom. So you know if you go to the five minute and draw a trend line This is Tech this low. the higher lows is forming below view app. It's lower than the one before.

So a lot of times this is how you spot short traps when you start seeing that on the higher time frame. it's creating these higher lows and reversing the trend after stock at Double bottom. But a lot of times the the rewire reclaim is a Telltale sign. You know when's it when you start doing higher lows below V-wap and breaks through it? That's when I got stopped out so I'll still show the chart right here I Had to stop right here around 7 0, 2, 7, 10s.

Uh, it was a good stop and you can see once the stock broke out above V-wap and I stopped out thank god. Um, you can see the squeeze do the higher day to 740 750s. Um, if I was still stuck short I would have gotten squeezed out. So this is how you know it's a short trap.

They break it down to seem like it's really weak. you know, avoiding extended period of time from uh 10 50 all the way to you know, an hour 10, 40, 11 and that's when it started breaking out. Short traps like this usually stayed below V web during the middle of the day, So that's why around 11 o'clock 12 o'clock That's like the prime time for short traps. So this is a good example here.

and the stock actually held about V-wap for the rest of the afternoon. You know that view up around seven dollars and seven to tens area. It held very well so they wouldn't be surprised if it gives another secondary breakout move the next day. Now back to the stock Indo We used earlier as an example.

um, the low floater Energy stock. So we talked about the breakout earlier to 1250.. now a lot of times when you start to break down midday looking like it's weak like we talked about breaking down below view app. these like low floaters, they're really good at trapping more shorts.

I mean it's a low float Stock A Lot of times it does attractive short sellers. uh, me being one of them. Not today though. I Saw this short trap I'm just like yo no, there's no way I'm shooting this so it breaks down the web and actually you know try to create like a lower high making it look and not very bearish looking like okay it's gonna form a high lower high around here you can see like if you using technical analysis you'll think that oh this thing is you know this is the higher day, Now it bounce around Vui to test the lower highs and now it looks like it's gonna be another low high and start breaking down.

but no actually what it did is it held the lower the higher lows below V-watt So This Is How They trap you If you're assured buyers you want to be very careful because in the middle of the day you can see coincidentally when they were trapping you can see down here the volume is extremely low. so once again higher lows on five minutes below V-wap around midday lunchtime and low volume. That's when you want to be very very alert if you are short biased because otherwise you can get trapped once again once this thing reclaimed. Overview app around 130.

That's when it broke out and went to test Twelve dollars again. Hopefully you guys enjoy these three tips for how: I Use the V-wap indicator to use as intraday key levels, to use it to maximize my trade on the show outside and to use it to spot short trap consolidations especially in midday. I Hope you've been enjoying these three tips on how I use a V-wap indicator. If you're enjoying this free crash course so far, please remember to drop a like down below and feel free to ask any questions you may have about the indicator down below.

I'll do my best to answer you. Our next chapter is all about putting our theories into the test. You know what they say In theory everything should always work perfectly and stocks will just fly to the moon, but in practice they are not always this simple. Luckily for us, this viewer trading strategies have been tried and tested many times in my own trades.

I'll be showing you my live trading using V-wop with real profits and real losses. I'll be sharing with you my V web trading strategies on large cap and smoke cap socks on the long side and the short side as well. So let's dive straight into it. Chapter 3: Live trading example with V-wap while I do not do live stream trading I'm fine recording my trading screen.

that's what we're doing in this video. We'll be going over some live trading on large cap and small cap stocks on the long side and the short side. with some real profits and real losses. let's dive straight into this.

So the first stock we're looking at right here is Coinbase I Took it on the short side. This happened on August 4th and this is a day where pre-market there was a release of a catalyst that Coinbase is partnering with. BlackRock If you guys know Coinbase, they're a crypto exchange and this partnership with BlackRock one of the biggest asset management company in the world. This is a huge deal agency pre-market the stock rallied from about 80 all the way to over a hundred dollars into the open.

So and this is about three minutes after they open, you can see I took some shares on the short side. um I already cut some for a loss for about thirty six hundred dollars of losses on Coinbase. And now this is just and this is just you know, a couple minutes after the Open. Now my thesis into this is that a lot of times when we have these parabolic moves into the Open on the especially a large cap stocks and on Coinbase that's been like down trading for so long.

When you have this kind of huge breakouts towards some daily resistance, usually you're gonna be met with some filling and sell some major pullbacks. And so that's my thesis into this. So I started in some short around 110 into Coinbase on the five minute chart, seeing how the stock is gonna react to the higher day when you're shorting the front side of the move, it's always better to let it sitting atop and use the wick the higher day as your risk. So you can see this thing tested about 114 and now it's hovering around 111 110.

If it starts to consolidate then I'm gonna have to cut it for a loss. but now I've only started into this trade about 1500 shares on the short side with an average about 110 and I want to see whether it holds 110 or it starts breaking down towards V-wap and I left inside here. This is my Discord for my humble Trader community and now you can see under five minutes. Here on high trade is I usually have a five minute chart at the bottom and then when when the stock is really volatile like in this case, coinbase is volatile when the stock went from 80 to over a hundred dollars.

uh 116 is a higher day this kind of range I want to be using the two minute shorts on the top so I'm I'm well I'm trading I like to have two minutes and five minute kind of. you know closely together is for me to observe the price action you can see right now we're failing. The 110 was slowly you know dripping down from the higher day 1 14s having trouble holding one tens. Now you can see I'm no I have my my mouse on the short button trying to add into the weakness here.

No ads here because the spreads on this thing if you look at the level two the spreads on this thing sometimes to be 20 to 40 cents. It's a little bit tough. oh it's gonna hold to a downside. So this thing actually holds it to the upside.

Um, it was. You can see it's trying to hold to the downside right now. Really, really volatile you can see I added some now. I have 2 000 shares I'm always really cautious when adding into hold both to the upside or downside because you never know what happened, what's going to happen after them hold.

and for those who are not sure of what volatility holds are these happen. The exchanges hold the stock when it moves up or down 10 more than 10 within a five minute time period and you can see now we are hosted to a downside that 2 000 shares short at 109.50 So usually while I'm trading I have one main watch. so for now it's coinbase on the short side, but you can see on the bottom left-hand corner I have a couple other positions open as well. These kind of live trading commentary videos take me a long time to make to record and to obviously to comments and to show you guys both the wins and the losses.

So if you appreciate this, make sure to drop the like button if you want to see more like this in the future. So Currently with all the small paper cuts, I've taken on some of the trades, I'm down about 5200 on the day so we're now at 105. and and after that on hold I'm looking at how the stock reacts. if it's gonna get bought up really quickly and reclaim that yellow line V WAP that's the indicator I use If it's gonna reclaim quickly for a huge bounce, that's gonna show me some strength and I'm gonna have to reassess whether I want to cut it or not.

Well, if it's just gonna break down just like this, so you can see I cover 500 shares just to be safe I covered some at 102's but I'm trying to trying to hold the majority into more weakness for the 100 whole dollar Mark breakdown Now the one thing I really regret is covering so much around 101s in hindsight I really wish I just covered 500 shares and left the rest um, right out because you can see it's really, really weak after downloads. The same breaks down V-wab and you know if you have watched my view of strategy videos in the past, um, you will know that how I use View Up is using it as a kind of like a sentiment shift seeing whether the stock is relatively strong or relatively weak. The action is just very different from what it was like running into the open. you can see the stock can barely bounce after it breaks down.

V-wap Now fast forward now. this thing is really breaking down. You can see I had a tiny tiny ad around like 100 dollars ish I added to Um I added 500 shares which I really did feel like I chased a little bit but still decent. No, that's why I'm covering that little ad really quickly around 197 dollars.

so now I still just have the remainder 1000 shares after I Re I either covered the 500 shares around 97 and now the stock is starting to bounce. but again, once again, when on these like it's really huge moves into the open Um despite the positive Catalyst despite um, the shy short interest on coinbase um, you know if this thing cannot hold V web that's relatively weak in my eyes, you can say I covered a little bit more about 97 which you know I will later regret. but now I just have the remainder of 500 shares at 106. and you can see I locked in most of the profits on Coinbase.

You can see a lot of trading is just to let your winners work once you're in a winning position. So after it really after this I'm not doing much I'm just kind of watching this you know, still scanning for other stocks and still talking to members on my Discord humble Trader community. So you can see now I'm trying to cover up the rest of the shares and the reclaiming 100 dollars. so I covered.

Now the rest of it I have about 70 shares I didn't get filled and you can see I'm all out. So I close the coinbase short for a total of fifteen hundred dollars. Sorry, not fifteen hundred fifteen, fifteen thousand dollars. I have some more live training tickers that I want to share with you guys both on the profit and losses side.

Um, but at this point if you find this video helpful and if you want to see more live trading commentary like this, make sure to comment V-wop down below and I'll make more of these videos for you guys if you find it helpful. So the next stock we're going to be looking at is PayPal On the long side, this is a trade that took place on August third I believe and there's actually a losing trade. but don't worry I'll still be sharing you my thoughts process behind on this losing trade. my entries exit and why I stopped out and how to minimize your losses if you're ever wrong.

So PayPal this day you can see actually gapped up from Friday's close of around 90 all the way to 1 102 103s. Um, they had really good earnings. They beat them all metrics that we care about earnings guidance, revenue and Outlook is really good. so that's why I you know was more bullish on PayPal Now after some long sell off of about nine minutes into the open this is sold out from.

You can see up here from 102 down to 99 and that's the area I'm watching I'm watching with the 99 dollars or 100 is gonna start holding. it's gonna start making higher lows on the five minute charts. I'm gonna looking to enter on the long side for PayPal you can see I'm stuck in this I'm looking at switching between the two minute and the five minute now on PayPal this is the five minutes We finally have the first green candle holding 100 Mark So I'm looking to get long so now we have the first. You know you can zoom in here.

if you can zoom in, you can see how this is a first green Candle on the five minutes. That's really bullish. So I gotta started in one 500 shares at uh average about 173 on PayPal and now on us now and now I Want to see the stock reclaim over V-wap Once again, V-wap is a very key indicator for me. it's the only one I use pretty much uh I Want to see a reclaim over that to become bullish? And while we're watching this trip, hang out, a really common question I get people asking is how do we know if this is paper trading or real money Now My platform is Dash Trader Pro You can only hide your account number down here with the ads with a star one, two three four stars if it's a real account.

If you don't believe me, go to Dash Trader and ask the support if it's a simulated account you're going to see TR for training one two, three four. You will not be able to hide your account number so that's that's a really simple way to know whether it's a real account or a fake account. Can see this thing you know, still having trouble reclaiming the web and now it's sold off from 170 down to around 110. and I'm still in waiting for PayPal I'm still trying to be patient I'm only gonna add on the stock on this position overview app and yes, you can see I'm down on the name down about 70 cents.

Uh, but I'm trying to be patient and now I'm looking at adding into the position the stock had Consolidated enough of the 100 Mark I'm looking at on the five minute and two minutes seeing whether the stock is going to reclaim over that same V-wap indicator we talked about I like the weakness getting picked up on PayPal I'm trying to add 300 shares at around 150 146 and I have my Discord Community open with my humble Trader Community always trying to explain my thoughts, process behind my entries, my exits, and what, I'm looking for, the potential price Target and what my risk is. So in this scenario I added some shears around 140. So now I have 800 shares at 160. and once it gets over that V-wap area I want to add more into it? I won't be adding into winners right? adding into confirmations if I'm long uh and adding into the breakdown if I was short but PayPal I'm looking to add into this winner and if I add into this then my my risk would be the breakdown of that view up area and you can see I'm trying to add more now I added a smaller share size up here about 180 I'm trying to get filled again my price Target is 102 and above I'm risking below V1 breakdown which is the below the 160s mark.

So I'm keeping my wrist still relatively tight on this so we're up about one grand on the stock. Uh, eleven hundred dollars now as the stock test 101.80s Well it's just so close. well about like 10 cents away from my 102 price. Target 101.90s You can see we're looking good, you know I Thought you know everything's looking pretty strong QQQ at the time is bouncing same as a spy I really I thought we're gonna test one or two but uh, you know, spoilers, we didn't and this one turned out to be a loss.

You can see that's a pretty nasty rejection right there. from 111 from Uh One 101.90s down to 101. Once again, we had that same rejection we saw earlier. um, maybe about like five minutes ago on the same same candle.

We're seeing the same rejection again. Now you know, in hindsight, 2020, Hindsights 2020 I Wish I had sold some into that rejection. I'm seeing that we cannot retest the same 10190s area because it went from being positive like 1100 on this name to now I'm down about unrealized. you know, like 100 bucks.

Which it's okay because I'm trying to see we're gonna hold a higher low above V web and see whether we're gonna reclaim that area right now. You can see PayPal it's hanging out around my average research at 170 and it's really breaking down. You can see it's now consecutive on red candles and all the red prints going through and this is the point where okay I realized okay I should stop balance. it's looking really weak.

You know it's You know it went through my average now it's at 116 and I'm trying to stop out. So I'm about to cut here at 132 or I'm trying to scale out 500 shares at 130 telling everyone in my community that hey, I think this thing's gonna flush and break down and I'm about to get out the remainder for another loss you can see I got all my position at 100 and 20 cents and just see what happens after this. I'm glad I got out. So I got all the PayPal for about 400 loss.

Hopefully this live trading commentary with real profits and losses using V-wop really helped you guys out. If you want to see more live trading videos like these in the future, please remember to comment Live Trading down below I Know firsthand how exciting this must be to see profits and green green Green everywhere. Believe me. I've been there too.

It's hard not to get caught up in the excitement of seeing some initial profits. And you know what? I've only shared with you the upsides and the benefits of using V-wap so far, but it wouldn't be the real humble. Trader If I don't keep it real with you and sharing the dangers of using this indicator, so you must pay attention to this. Let's talk about the not so great aspects of V-wap Indicate Cater that Traders should look out for as much as though we all wish that they were perfect indicators out there.

Unfortunately, that's just not the case. And yes, that includes V-wap units. 4. Be cautious with market makers using V-wap indicator as Elgo traps.

While V-wap is a great tool for Traders over the years it's become really popular and with the rising popularity of V-wap the market makers and the Elgos have adapted to using the fact that so many Traders are using it to trap them or to chop them around up and down and taking out their stop-loss orders. And let me show you how right now, let me show you in this perfect example over here on the stock: T-n-y-a This is a perfect example of Algos using V-wap indicator to take out stops last week. First of all, this is a small cap stock with around 300 million market cap and a float of 63.5 million shares. Oh my.

God people are going to go and buying shampoo. Okay, whatever. And usually when trading these small cap stocks you should be very very cautious because that's when you see the most common view up traps. I'm gonna see and if you trade a lot of these smoke cap stocks especially the low floats, that's when you need to be the most cautious with these kind of traps.

I'm gonna talk about using V-wap but this is not limited to just small caps. You want to be careful when trading large cap stocks as well. So I'm gonna. intraday charts on T and Y A You can see we're looking at this particular day last Friday when have broken out multiple days.

this is the third day of the breakout. You can see that the stock in the morning in the morning you open that around 470 and broke out on a five minute chart all the way to 550s. and then after the huge breakout I mean we're talking about like you know 10 20 move and this thing had a huge flush down breaking down below V-watt over here down from 540s all the way to 490s. Now pay attention now my humble Traders This breakdown you see right here below view app is what they use to take out the stops on The Lawns and then to trap the short sellers.

and this is a reason when trading these small cap stocks. I Like using the two minute chart so you can see After that breakout we talked about, we flushed down breaking down V WAP from you know, 520s until 4, 5, 10s and I had a rejection over here. if I zoom in here you can see rejection around view app and sold off to the lows to 490s. Now you can see after that breakdown, everything looks extremely weak right? The volume is decreasing you try to touch V web again got rejected, but this happened for a period of time from 10 o'clock all the way to 10 30 and over to 11 o'clock It just looks really weak with really little volume.

But at the same time, even after multiple rejections, the stock is still holding on very closely to V-wap You can see rejection here, sell off by holding on, closely, reject yourself off and then reclaim back up, reject it again by holding higher lows. On this little pullback, it's not really selling off with increasing selling volume like we talked about earlier. Um, Nvidia stock You're going to see this a lot when trading small cap stocks. Essentially, they're just taking up people's stops over here and over here and after they are done taking out the stops on the long side, that's when they slowly bring it back over V-wap and now it's the short time to get trapped.

with each of these rejection on low volume, they're essentially trying to get more short sellers to pile on to short the stock because you know what happens when everyone shoots a stock and the stock won't go down right. You get squeezed to the upside you can see after a lot of consolidation. small V1 Reclaim around 10, 40, 11 o'clock Did Back to V1 This time it won't break down around 12. That's when it actually broke out to new highs to six dollars and you can see the third or the fourth attempt here is the successful one at V1 reclaim and all the short sellers have piled down earlier.

They all have to buy to cover costing this huge squeeze that you see from 520s to 550s and to six dollars. and friends, this is what we called a short squeeze. A lot of small cap stocks trading on low volume are very elgo driven like this one. You can either just avoid it altogether or you give the stock a lot of room to breathe whether you are long or short if you choose to trade it.

A key takeaway you can learn from this: V Web trading strategy is: Do Not Put Stops Too Close to V-wap You Don't want to put stops right at V-wap like so it's just too easy for you to get stopped out by a single. Wick This V-wap indicator crash course is just one of the many that I've created on the channel, so if you want to see more, make sure to subscribe. And if you're looking to accelerate your learning, make sure to check out our in-depth education program and mentorship down below. Thank you guys so much for watching! As always I'm the humble Trader and I'll see you guys next time.