SPX - didn't quite make

    Posted by DigiNomad on 28th of Feb 2024 at 11:11 am

    SPX - didn't quite make it to the underside of the AVWAP from the high, but probably will touch or exceed it on wave 5 (I think we're in wave 4 on the 1 min).  Will this 4th touch be the one that breaks, or is it a great short area again? 

    SPX failed right under the

    Posted by DigiNomad on 28th of Feb 2024 at 02:11 pm

    SPX failed right under the weekly AVWAP again...next time will be the 5th attempt.

    Btw Digi, do you have

    Posted by mschwand on 28th of Feb 2024 at 02:30 pm

    Btw Digi, do you have a preferred strategy for AVWAP? I've heard Brian Shannon's book is good

    Not a preferred strategy, I

    Posted by DigiNomad on 28th of Feb 2024 at 02:34 pm

    Not a preferred strategy, I just use it to inform my daily levels. I follow Shannon on X and YouTube. Good stuff!  I anchor all the major pivots and then also use a session VWAP.

    DigiNomad what trading platform do

    Posted by rmoore100 on 28th of Feb 2024 at 04:30 pm

    DigiNomad what trading platform do you use which includes the AVWAP (TradingView) ?   Thanks !!

    Yep, trading view.   I'm also

    Posted by DigiNomad on 28th of Feb 2024 at 04:36 pm

    Yep, trading view.  

    I'm also testing out "Auto Anchored VWAP" indicator. It's pretty cool, but complicated at first. Definitely search it in YouTube and watch a video on the settings (unless you're just naturally a genius, unlike me. Haha).

    One guy I follow uses AVWAP with ThinkOrSwim charts. I'm a little jealous too because he's able to get them to be thick white dotted lines. I can't figure out how to get them to look that way in Trading view. 

    Thanks Digi !!!!!!

    Posted by rmoore100 on 28th of Feb 2024 at 04:37 pm

    Thanks Digi !!!!!!

    Tnx!

    Posted by mschwand on 28th of Feb 2024 at 02:36 pm

    Tnx!

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!