[malverd]

Jerry,

I haven't seen you mention the following scenario:

For long:

The VWAP is above the PVP and lower SD1, SD2, etc. is also above the PVP.

I know you mention bounces off of the upper SD1 and VWAP are high probability trades.

But I watched you video on the symmetrical YM trade and obviously price was not above VWAP on that trade.

Would it be a high probability trade to take bounces off of the lower SD1 and SD2?. I realize that price is not above VWAP.

Also in that YM trade, you mentioned that you were using no stop loss. I assume that you were using a “stop” based on your full risk tolerance. If the trade had not worked out and the VWAP went below PVP, would you have exited the trade immediately?

Thanks