How I Used VWAP to Trade a Morning Spike

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Are you familiar with VWAP? If not, this is the video for you. Find out how it relates to the trade that helped me make $12K in an hour.* And see how my seven-step framework is crucial for reading charts. Watch and learn!

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🔴 Reviewing The Trade That Made Me $12K In 1 Hour (Previous video)

🔴 Sevenstep framework

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🔴 FULL DESCRIPTION:

Here we are, back at my new studio…

We still haven’t fixed our sound issues, but we’re working on it. Bear with me.

Now, this is an update video on the trade that helped me make $12K in an hour.*

If you missed that video, I’ll link to it above for you. It’s important for you to see how it spiked initially, how I traded it, and why.

And in this video, you can see how the stock’s chart plays out after the spike.

The pattern I mention here is my favorite pattern. That’s because it rarely fails — when you’re ready for it.

I like to look at multiple time frames when I’m reading charts. It can be helpful if you understand how a stock behaves over a certain period of time.

Then, you can start to make connections on what time the patterns tend to play out.

And I actually used the VWAP on this stock … Not familiar with that indicator? I explain it here.

I don’t always use the VWAP. But in this particular trade, it was useful. You can see when the stock is overextended as well as some support zones.

As you’re watching this video, pay attention to how it relates to my seven-step framework if you’re familiar with it.