5min chapter

The Compound and Friends cover image

VWAP-er's Delight

The Compound and Friends

CHAPTER

The Importance of Day Trading Prices

Vwap is One form of the types of program trading that are now dominating the whole market. That's why when we pull back to that year-to-date anchored volume weighted average price there's buyers waiting who felt like hey We can't chase when it's extended, but now we're at that average price again. So this is not specifically about day trading this is no these prices are important to the market makers Yes, so they should be important to you right okay And the chart we just had those cues that was as of yesterday's clothes and now today I mean we came right down to that vwap from the other one Yeah From and you know now we're up with

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