Thanks, my friend! It's been a fantastic day with an ended up positive (longs). Despite a significant amount of Federal Reserve communication, the markets remained resilient and didn't decline as anticipated. Levels were perfect!
FS VWAP stands for "Full Session Volume Weighted Average Price." VWAP is a trading benchmark used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is a measure of the average price a security has traded at over a specific time period.
"Full Session" implies that the VWAP is calculated over the entire trading session, which would include both the regular market hours and any extended hours trading that day, like pre-market or after-hours sessions. This could be particularly relevant for traders who take into consideration the price movements outside of the normal trading hours, as it can provide a more comprehensive view of the day's price action for a particular security.
Currently, I have no intention of managing a Discord server, as it would require a significant time commitment and take the focus away from my own trading. I personally don't use Discord or Twitter while actively trading, as they primarily consist of opinion-based content. In the future, I may explore the possibility of introducing a daily midday update in some way or another.
Thanks, my friend! It's been a fantastic day with an ended up positive (longs). Despite a significant amount of Federal Reserve communication, the markets remained resilient and didn't decline as anticipated. Levels were perfect!
Hi and thanks for continuing to provide indispensable analysis. What does the FS stand for in FS VWAP?
FS VWAP stands for "Full Session Volume Weighted Average Price." VWAP is a trading benchmark used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is a measure of the average price a security has traded at over a specific time period.
"Full Session" implies that the VWAP is calculated over the entire trading session, which would include both the regular market hours and any extended hours trading that day, like pre-market or after-hours sessions. This could be particularly relevant for traders who take into consideration the price movements outside of the normal trading hours, as it can provide a more comprehensive view of the day's price action for a particular security.
Thank you!
Completely maniac market. Days and days of weakness followed by days and days of retarded strength. All to do with the bond market.
What timeframe is the footprint chart?
Range Per Bar - Standard (in ticks): 20
Thanks. Thought about going paid and setting up a discord for intraday updates?
Currently, I have no intention of managing a Discord server, as it would require a significant time commitment and take the focus away from my own trading. I personally don't use Discord or Twitter while actively trading, as they primarily consist of opinion-based content. In the future, I may explore the possibility of introducing a daily midday update in some way or another.