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--- vwap [2025/04/06 04:08] – created lwattsii
+++ vwap [2025/04/06 05:56] (current) – lwattsii
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+[[https://www.xpressnets.com/wiki/doku.php?id=gptplaybook|Back]]
+> **💡 Tip:** Use TradingView to monitor VWAP levels and NinjaTrader for order flow confirmation with delta or volume spikes.
 ===== 🔹 Strategy 2: VWAP Bounce =====
+[[VWAPDEF|VWAP Definition]]
   * **Setup**: Price taps VWAP then shows strong rejection (wick + volume spike)
   * **Timeframe**: 1–3 min candles
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   * **Take Profit**: 4–6 ticks, or next zone (previous high/low)
   * **Confirmation**: Volume spike or order flow support via NinjaTrader
+{{ :vwapbounce.jpg?400 |}}
+{{ :vwapbounce1.jpg?400 |}}
+{{ :vwapbounce2.jpg?400 |}}
+=== 🧪 VWAP Bounce Checklist ===
+  * Price approaches VWAP from above or below
+  * Rejection wick or strong engulfing candle
+  * Volume spike confirms institutional activity
+  * Enter on confirmation, stop just beyond rejection
+  * Target next logical zone (e.g., previous high/low)
+**Pullback:**
+Price pulls back toward **VWAP** (a dynamic support/resistance level), pauses, and then resumes in the original trend direction.
+The bounce is the “pullback” → it shows a **temporary retracement**, followed by **confirmation**:
+  * Wick rejection
+  * Engulfing candle
+  * Volume spike
+=== 📈 Real-World Trade Example ===
+ ✅ VWAP Bounce **Example:**
+  * **At 9:10 AM CST, price pulls back to the VWAP after a strong opening rally.**
+  * **A long wick forms below VWAP, followed by a bullish engulfing candle with rising volume.**
+  * **Trade Entry:** Long on the engulfing candle close.
+  * **Stop Loss:** 2–3 ticks below the wick.
+  * **Target:** +5 ticks, or previous high.
+**Why it worked:** VWAP acted as dynamic support and volume confirmed buyer presence.
 [[https://www.xpressnets.com/wiki/doku.php?id=gptplaybook|Back]]