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nimit.chomnawang
Jul 29, 2021 1:51 PM

VAB trading in EURUSD 1h 20210729 08.00 Long

Euro Fx/U.S. DollarFXCM

Description

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VAB trading
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V = Volume weighted average price
A = Arrow (price crossed VWAP)
B = Bell (price touched VWAP)

Instant entry when a bell shows up
after arrow.

At 29 July 2021 0800 hours UTC+7 in a EURGBP 1h chart, the VWAP (Volume-weighted average price) line turned from purple to white. The price crossed above the white VWAP with a green arrow.

At 10.00 hours, the price came down to touch the white VWAP line and a bell showed up. With these conditions (Vwap-Arrow-Bell) in place, a buy order could be sent out the instant that the bell appeared. If the leverage was 1:500 and the lot size was 20% of the balance, a cautious trader could take profit when the fund grew up beyond 4%.
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