In this update, we’re going to talk about the importance of anchoring your volume weighted average price (VWAP). Now, an anchored VWAP is something that anyone can use and benefit from in their trading. This is a first step for many traders when they leap from price-based indicators (price-only based indicators) into volume analysis.
It’s probably one of the easier ways to make the leap…
There are three volume-weighted analysis tools that I use and this one is the VWAP.