Xpressnets

VWAP Definition

• Setup: Price taps VWAP then shows strong rejection (wick + volume spike)
• Timeframe: 1–3 min candles
• Entry: Enter on bullish/bearish confirmation candle from VWAP test
• Stop Loss: 2–3 ticks
• Take Profit: 4–6 ticks, or next zone (previous high/low)
• Confirmation: Volume spike or order flow support via NinjaTrader

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

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.

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