Why Anchoring VWAP is Important

June 25th, 2020

“The institutions in the background – what you don’t see – they use this concept already.”

How does an anchored VWAP differ from a traditional VWAP, or volume-weighted average price? In this short snippet from his webinar Find Hidden Support & Resistance Levels with Anchored VWAP, Felix of WirmachenTrader explains why anchoring a VWAP can be beneficial.

Felix discusses how anchoring a VWAP enables it to be used on any timeframe & anchored to any reference point, as well as how institutions utilize anchored VWAP. Additionally, anchoring a VWAP helps answer the question: Who has control since the event occurred?

If you enjoyed this clip, be sure to check out How to Use Volume Profile and Combining Order Flow to Find Uncrowded Trades!


Enter Email for Updates