Plus, my scan criteria to keep a focused watchlist â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â Good Morning! If you've ever wondered how successful traders spot explosive breakouts or identify potential reversals with uncanny accuracy â keep reading and youâll discover the secret sauce behind their trading prowess⦠You see, there are two crucial factors that can make or break your trades. And successful traders know how to use the indicator that brings them both together. So if youâve ever found yourself drowning in a sea of stock options, unable to make sense of which ones are worthy of your attention⦠Read on for my tips and tricks on how to use this indicator to pinpoint the best trading opportunities so you can navigate the fast-paced world of day trading with confidence. Tonightâs the big night! Learn how to leverage the power of AI in your trading strategy â [sign up now before itâs too late]( The Ultimate Indicator VWAP stands for [Volume Weighted Average Price]( and is one of the most [essential indicators]( for day traders like us. It combines two crucial data points â price and volume. That makes it a powerful tool for analyzing stocks. By using VWAP, we can assess the bullishness or bearishness of a stock's price. And since it's widely used by traders, movements around VWAP can create self-fulfilling prophecies which can make it an even more reliable indicator. How To Use VWAP to Spot Breakouts When looking for [VWAP breakouts]( it's essential to have specific criteria in mind. I like to focus on stocks that are⦠- Trading between $1 and $20.
- Up more than 10% on the day.
- Trading volume greater than a million shares.
- Within 2% of VWAP, as these are primed for a potential breakout. Put the criteria into your [StocksToTrade scanner]( to filter stocks and get a list that matches the criteria quickly. Now, when you have a list of stocks from your screener, you can analyze the charts⦠Look for [strong price action](. On the intraday chart, you want to look for the stock to be close to breaking through VWAP, or already above it and holding it. Look for stocks having a breakout to new 52-week highs on the daily chart. Avoid [weak price action]( and stocks with failed attempts to break key levels. By keeping your watchlist manageable, you increase your chances of spotting high-potential trades. How To Plan A Trade Once you have narrowed down your list, and you identify a stock with a strong chart that's near VWAP, it's time to plan your entry and [risk management](. Enter the trade if the stock breaks above a significant level like the high of the day. PSQH chart: 1-day, 5-minute candle â courtesy of [StocksToTrade.com]( [Set a stop-loss]( just below VWAP to protect your capital and aim for [a target price]( based on the potential of the stock's breakout. Consider the volume itâs trading, whether it has news, and look at past moves the stock has made to determine how far it could run. VWAP is a powerful tool and indicator, but it's not the only factor in trading. Combine it with the use of technical analysis (and fundamentals if youâre [swing trading]( to build a well-rounded strategy. If you canât monitor your screens all day because of work or other commitments â make sure you [catch tonight's event]( to see how you can master the markets with swing trade opportunities. Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade sponsored sponsored Whatâs the difference between you and millionaire trader, Matt Monaco? Every morning, Matt has access to a powerful suite of features to quickly find actionable trades- without spending hours researching. In fact, using these tools he is even able to find & make trades in under 1 minute! [>> CLICK HERE TO SEE HOW <<]( Recommended Membership Gifts ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Mark Croock Evolved Trader Daily](
[Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 **Tim Bohen teaches skills others have used to make money. Any results displayed are extraordinary and are not typical and will vary from person to person. For more info read our [Earning Claims Disclosure]( About: Making money trading stocks takes time, dedication, and hard work. My goal is to teach you how I have succeeded in the market, but you may not achieve my results. Remember, there are risks involved with investing, including the potential loss of money. We are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of information we receive from users of our website. Our Privacy Policy, along with our Term & Conditions, governs your use of this site. By using our site, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy. If you have provided personal, billing, or other voluntarily provided information, you may access, review, and make changes to it via instructions found on the Website or by replying to this email. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the âunsubscribeâ link located on the bottom of any marketing email. Emails related to the purchase or delivery of orders are provided automatically â Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). If you have any questions, simply reply to this email or visit our website to view our official policies. Copyright © StocksToTrade.com