The Market Delta chart shows clearly how we've been trading in the morning range, oscillating around the VWAP (red line). It's not uncommon to hear traders describe such days as poor trading days, but patient traders often can find opportunities to fade moves away from VWAP. The key to trading such days is waiting for the setups to occur away from VWAP, rather than getting chopped up near the middle of the range.
.
Posts
1 comment:
I track both Realized and Implied Volatility (RUG and IUG), and noticed that today 10 July we had another disconnect day. VIX VXN and RUG down... but IUG up 10.8%
Looking for further dislocation next week. After all volatility is a measure of instability.
http://tinyurl.com/mpwseo
Post a Comment