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1] Rules i follow :

- Start understanding who is weaker Bulls or Bears around VWAP.

Golden Rule 1 - Price more staying Near and above VWAP better i don't aggressively take downside trades.

Golden Rule 2 - Price more staying Near and below VWAP better i don't aggressively take Upside trades.

Just make it as Simple as possible.

2] Kindly Check the Chart 1 :

I have written in detail  from start when sellers failed to push price down - Bulls converting VWAP as support - till bulls struggle at higher level.

Start reading the written content in the Order number mentioned so you will get the flow of the price.

VWAP can act as Support until price above VWAP & act as Resistance until price below VWAP.

I used to make a mistake - Trading in HOPE when price is near VWAP it will cross - This is were market teaches a lesson that Market don't care what we think or do [ Trader's goal is to follow the price does not trade in HOPE like this will happen, that will happen ]

3] Kindly Check Chart 2 & 3:

From the first 5 minutes bulls were not able to form / sustain above VWAP. [ First Confirmation ] 

I have shown an example of Simple Pullback rejection along with box pattern with first confirmation is bulls are weaker from morning.

Just to understand more in detail i have written in detail on the chart 2 & 3 just make sure to read it in the order number.

4] How to avoid sideways market ?

Basic rule -  When price rather than rejecting from VWAP if price starts rotating up & down around VWAP the direct hint price is clueless for direction. Bulls & Bears are more trying to trade with low volumes and the intention is to show candle color and hunt sl of traders who are chasing the price.

Check the Chart 4 to understand more clearly.

This is a type of Price Action when chart is tells that price is clueless for direction and most traders start doing random trades in hope to capture some points.

When price rather than rejecting from VWAP if price starts rotating up & down around VWAP the direct hint price is clueless for direction. Bulls & Bears are more trying to trade with low volumes and the intention is to show candle color and hunt sl of traders who are chasing the price.

[ FOLLOW THE PRICE rest is noise ]

LEARN - UPGRADE - EARN      

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