The More Trustworthy Average: EMA, MA, or VWAP?

[The More Trustworthy Average: EMA, MA, or VWAP?]

hunter, can you explain what you mean by vwap's fractal coefficients are?

 

I can't wait to read the flames and crazy rants for what I am about to say.

 

I can teach anyone to trade using the VWAP with EMA and guarantee with my cash that they will pull 4 points ( 16 ticks) per day from the ES.

 

The trick is that they would have to do exactly what I teach them to do and nothing else. And that is a big trick indeed. The heart of forums are folks that already trade but are looking to add learn or do something else. The trick is only trade with the trend as I define.

 

The problem is so many people cant help but take counter trend trades.

 

 

Also to trade with the trend you must also be able to identify when the trend may be changing. That is why it is hard to trade with the trend. Most people have not worked on how to tell when a trend may be changing or ending.

 

Vwap will give you trend . EMA will give heads up as to when trend might be changing. Trend is not as simple as a series of higher highs ect even though that sounds logical.

 

Also to trade VWAP you do not use it as a single number but rather you must use its fractal coefficients.

 

You also must learn to read the market and understand context. Stop looking for the magic indicator of buy when this color changes etc etc.

 

So now flame on !