The Doo-Wop, Doo-Wah

Before I started the current training, marathon I asked Kiki what I had done right and what I could have done better in training her.

One of the things she told me was that the Outside in trades were the hardest for her. It was knife-catching as I call it and it was OK to DoubleDown once but not more than that as she would have to run for cover.

I assumed that the attendees at the training would have the same issue so I looked for a way of solving the problem. The answer was the VWAP- Volume Weighted Average Price. There is plenty of info on the web if you Google it.

MarketDelta and IRT have an excellent built in VWAP Oscillator which you can see on my charts and that I have successfully used in the training to help identify the extremes from price. Mixing this with changes in momentum has proven to be a great way of better qualifying Outside in trades in a very visual and quick way.