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okc, ok
Posts: 27 since Aug 2022
Thanks Given: 35
Thanks Received: 64
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VWAP slope doesn't tell you anything that price hasn't already yelled.
I use to play setups based on VWAP and its standard deviation channels (fade 3SD moves, use lower SD as a sort of ORB, etc...), fade VWAP price touch, and use it as a general long or short indicator for intraday trades in CL. price would often bounce off of VWAP so you could fade that move, etc...but in hindsight they were really all just unnecessary lines IMO.
the more legit profitable retails I talk to, the more i realize that edge for us isn't found in any derivatives of price and/or volume.
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