Two Statements That I Trade By
Hello, VWAPians!
I’m going to keep this brief.
Day-trading comes down to TWO questions.
Is it an earnings report? Did it break VWAP?
Stocks that report earnings generally go in the direction of the VWAP break.
Let’s take a look at just these two statements from stocks that we saw in Warlock’s World recently…
WKHS broke VWAP after reporting earnings.
Stocks that report earnings generally go in the direction of the VWAP break.
LCID broke VWAP after reporting earnings.
Stocks that report earnings generally go in the direction of the VWAP break.
IQ broke VWAP after reporting earnings
Stocks that report earnings generally go in the direction of the VWAP break.
ZM broke VWAP after reporting earnings.
Stocks that report earnings generally go in the direction of the VWAP break.
GDRX broke VWAP after reporting earnings.
Stocks that report earnings generally go in the direction of the VWAP break.
The 1-minute multiday VWAP reversal trade on a stock that has reported earnings has only worked about 99 times out of 100 so far this year.
That’s all for now, VWAPians!
Kenny “The Warlock” Glick
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March 01 2022
I have been trading for more than fifty two years. I have never seen any trader like you. May God Bless You & your Family .