In this episode, Brian Montes introduces the concept of Anchored VWAP, a powerful tool for swing traders. He explains the fundamentals of VWAP, its significance in trading, and how the Anchored VWAP differs by allowing traders to select specific points in time for analysis.
The discussion covers the practical applications of Anchored VWAP in identifying trade setups, its role as a dynamic support and resistance line, and the importance of integrating it with other indicators for practical trading strategies.
Brian emphasizes the need for practice and experimentation with this tool and mentions upcoming blog articles for further learning.
Episode Takeaways:
- Anchored VWAP is a powerful tool for swing traders.
- VWAP stands for volume weighted average price.
- Anchored VWAP allows for specific point anchoring.
- Anchored VWAP can serve as dynamic support or resistance.
- Combining Anchored VWAP with other indicators is essential.
- Look for confluence in trading signals.
- Practice is critical to mastering Anchored VWAP.
Look for upcoming blog articles that will provide more insights. https://disciplinedtradersacademy.podia.com/blog
We hope you enjoyed this episode!
If you have a question or want a specific topic discussed on the podcast, email Brian at brian.montes@icloud.com
Are you looking to join a community for ongoing trading education, coaching, and trade ideas? Check out the Disciplined Traders Academy & Community.
https://disciplinedtradersacademy.podia.com/