Video Transcript Do you trade using Daily, Weekly, or Monthly VWAP? Then there’s one important thing that you should know. When a new VWAP starts, it hasn’t collected enough data yet, which makes its levels unstable and less reliable for trading. So, how long should you wait before you can actually trust those levels? Let me show you how I approach this with the Daily, Weekly, Monthly, and even Yearly VWAP. I think it’s pretty important to let the VWAP develop before you start trading with it. The reason for waiting for the VWAP to develop is this: the VWAP starts calculating anew. For example, every new day, a new Daily VWAP starts getting calculated, and it pulls data from here. It doesn’t have any historical data, so it starts from here and begins collecting volume, price, and time data. In the initial period, it doesn’t have enough data, so it’s sort of wild. It’s still collecting data, but later, it has more data. The indicator becomes wider, it’s more stable, and you can depend o...
Do you want ME to help YOU with your trading? Learn my proven Volume Profile & Order Flow trading strategies! Get my proprietary indicators and start making progress. We even set the indicators up for you so you can hit the ground running TODAY! Start Learning to Trade Now! Video Transcript: Hello everyone, it’s Dale here, and in this video, I’ll show you the strongest volume profile levels to trade this week. Let’s start with the NQ . What you see here is the TradingView platform and a 30-minute chart of the NQ. And what I want to talk about here is a resistance level, this one, at 29,455 . By the way, in this video, we’ll specifically focus on trading from the weekly point of control, which brings me to the weekly volume profile here. You can see that in gray on the left side of the chart. Here it is, and it represents how volumes were distributed throughout the whole previous week. The heaviest volumes were here. This is the weekly point of control. What’s important is that from...