Traders Laboratory - View Single Post - Trading With Market Statistics.II The Volume Weighted Average Price (VWAP).
View Single Post
  #6 (permalink)  
Old 07-05-2007, 12:37 AM
Nick1984's Avatar
Nick1984 Nick1984 is offline
Nick1984 has no status.

Trader Specs
 
Join Date: Dec 2006
Location: Melbourne, Australia
Posts: 427
Thanks: 1
Thanked 1 Time in 1 Post
Send a message via MSN to Nick1984
Re: Trading With Market Statistics.II The Volume Weighted Average Price (VWAP).

I'll ask this now but I guess I might have to wait for the videos to understand this. The way I see it is that you need to really wait for most of the day to finish before you get a clear development of your volume histogram so the VWAP and PVP would be used retrospectively i.e: the VWAP and PVP made today would give me an indication of what to expect tomorrow?

In essence this seems to be similar to MP but using volume histograms instead of TPO's. Correct me if I'm wrong though. It's a very interesting thing you've got going on here.

__________________
Nick Constantin

Always look on the bright side of life...da da da da da da da da da - Monty Python
Reply With Quote