When someone , graciously, takes the time out of their day to educate you like this it means that they really care!
@claytrader4 жыл бұрын
Thanks for the kind words
@cardio101014 жыл бұрын
@@claytrader Anytime brother. That's the least I can do for someone that occupies a few hours of my weekends helping me become a better trader. ps Besides, it distracts my mind from the pain of being stuck in a wheelchair. THX
@claytrader4 жыл бұрын
@@cardio10101 cheers and sorry to hear of your situation
@ericspaniol22194 жыл бұрын
Awesome video for beginners
@claytrader4 жыл бұрын
@@ericspaniol2219 cheers Eric
@PortCapital4 жыл бұрын
Clay your chalk board skills are fantastic, very satisfying to watch
@claytrader4 жыл бұрын
Took me years to perfect. Truly an art.............................
@alphatradingmethod11934 жыл бұрын
ClayTrader can you share what you use??? I mean it looks like a whiteboard marker.
@Misspotat4 жыл бұрын
The noise hurts my soul
@claytrader4 жыл бұрын
@@Misspotat so sorry!
@The_Janitors_Closet4 жыл бұрын
Must be nice... I’m left handed ☹️
@mw71852 жыл бұрын
You saved me today ! I bought a call. Price drastically went down. I added the VWAP. The price was way below VWAP. Purchased another call. Waited and price came up. Sold both and saved my loss. What a great hero you are !!!!! Praise the lord
@claytrader2 жыл бұрын
Glad I could help!
@brynerlee3 жыл бұрын
Just watched this 2 years after you posted it...I finally understand what VWAP is. Thank you so much Clay! I am still learning what the heck I am supposed to do as a trader, from setting up my trading app to what trading setup to use. I’m clueless, but I won’t stop learning. Thanks to you, I’m inspired to learn more!
@claytrader3 жыл бұрын
I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/
@brynerlee3 жыл бұрын
@@claytrader registered for the class :)
@claytrader3 жыл бұрын
@@brynerlee great!
@abdullahal-shimri3091 Жыл бұрын
@@brynerlee Have you attend financial independence yet?
@perkinscove16403 жыл бұрын
Clay, an additional important support line (for long trades) based on VWAP is a band -1.0 SD (Standard Deviation) below VWAP. Some platforms default to VWAP plus a high band at +2.0 SD and a low band at -2.0 SD. And most VWAP videos tell new traders to eliminate the upper and lower bands. That is a mistake, IMO, as they show support and resistance and are helpful in making good entries and exits. That said, I do recommend that the low band be raised from -2.0 SD to -1.0 SD. The reason is that if VWAP itself has a support strength of 4.6, then -1.0 SD has a support strength of 5.7 whereas -2.0 SD has a support strength of only 1.8. What this means is that if the price falls below VWAP it stands a very good chance of bouncing off that -1.0 SD line. If your platform allows you to add a lower band below VWAP I suggest you add one at -1.0 SD and watch to see how often that line is the price reversal support area ("bounce"). In my experience, as you can see from my numbers above, it is even stronger than VWAP itself. Try it...you may like it. Cheers!
@claytrader3 жыл бұрын
Thanks for the thoughts!
@michaelbeny12 жыл бұрын
Yes the upper and lower bands help a lot on the 1M chart. Not so much larger daily time frames. IMO
@johannesandreasgribfibiger66772 жыл бұрын
Hi! What about the upper band, do you leave that at 2.0 SD or change it to 1.0? Also , what are you refering to with the “support strength “ ? Thanks
@perkinscove16402 жыл бұрын
@@johannesandreasgribfibiger6677 Johannes, I have recently modified both my support bands to be below VWAP as I am a long only trader and am looking for the lowest price support before making an entry. I have now set the "upper band" to -1.0 SD, and the "lower band" to -1.5 SD which gives me an additional support level to watch. "Support strength" indicates to me which level is stronger when related to each other. (VWAP = 4.6, -1.0 SD = 5.7, -1,5 SD = 3.1, and -2.0 SD (which I do not use) = 1.8) They only have meaning when compared to each other. For example, if the price falls below VWAP, which has a strength of 4.6, then the next level down is -1.0 which has a stronger support at 5.7. Below that the supports get gradually weaker and reversals are less likely to happen. Hope that helps. Cheers!
@johannesandreasgribfibiger66772 жыл бұрын
@@perkinscove1640 it certainly helps ! So I’m assuming the -1.0 level has the highest support strength from your observations ? Do you look for any price action at these areas or any other confirmation? Also, since the comment is pretty old and you’re still using this method , I’m assuming you are still profitable with it? Hope it’s not too many questions but I’m very interested in this approach and you seem to have plenty of experience with it! Cheers!
@gumbywwf834 жыл бұрын
I just loaded the VWAP. Following the herd is a smart thing. The herd drives the prices. Thanks for taking the time for teaching me something new.
@claytrader4 жыл бұрын
Glad to help
@sybiliverson74714 жыл бұрын
I've been day trading since last May. My husband and I use the VWAP to find our entry points. I agree with what your saying, nice job.
@claytrader4 жыл бұрын
Thanks for sharing!!
@prometheus75044 жыл бұрын
I have watched several of your videos . That being said this is the one that got me to sub to you. The fact you can admit to a mistake or what you perceive as one earns my respect.
@claytrader4 жыл бұрын
Welcome to the channel Jack!
@cebolla7260 Жыл бұрын
I love nothing more than learning from someone who knows more than me but even more than that is learning from someone who is physically fit. You look good in that shirt and you're a very enthusiastic, keep it up my guy.
@claytrader Жыл бұрын
Thanks for the kind words and I'm glad you enjoyed!
@diannad89054 жыл бұрын
I just added VW too my charts this year, even though I had heard about it, too. Very cool indicator.....fun to use it both long and short in combination with other indicators. Btw, don’t beat yourself up, as it took me hearing it from a trader that I truly respect before I would even look at it. We all them there thingy’s called an EGO. The cool thing is we have the opportunity each trading day to have a check-in or chat with the EGO. And more amazingly, you are actually willing to be authentic about it! Keep up the great work!
@claytrader4 жыл бұрын
Thanks Dianna!
@danielevans51344 жыл бұрын
Dianna, what are you using where you could the vwap too your charts?
@samarthpandey84834 жыл бұрын
I'm an Indian trader I use VWAP a lot Since I'm a Novice, still learning a lot from videos like this Thanks a lot Global Gurus ♥
@gyanaranjan8594 жыл бұрын
👍
@claytrader4 жыл бұрын
Glad you're focused on learning.
@brijeshtiwari54934 жыл бұрын
Pandeyji my WhatsApp number we can connect 9223181021
@ompatel39014 жыл бұрын
What you think macd or vwap?
@claytrader4 жыл бұрын
@@ompatel3901 this claytrader.com/videos/top-5-technical-indicators-all-beginner-traders-should-use-getting-started-with-charts/
@Monkey_G53 жыл бұрын
I want to say thanks to people like you, who make education free and allow one to better themselves as long as they try.
@claytrader3 жыл бұрын
Not everything I offer is free though to be fair lol
@bobpattison17394 жыл бұрын
Clay, I’m a total newbie in the mode of collecting info on day trading and have been listening to all this terminology that I have not heard of before so I REALLY appreciate your detailed explanation of the vwap. Thanks!!
@claytrader4 жыл бұрын
Fantastic!
@ttupimptyte4 жыл бұрын
I love how real this video is....I almost clicked on another video as my ADD kicks in and I honestly enjoyed how real you were and how I could relate to it myself and the similarities as to a logical mindset is concerned as well. Thanks Clay!
@claytrader4 жыл бұрын
Thanks for the feedback Ty!
@cnsjoe2 жыл бұрын
This is absolutely by far the best indicator for daytrade. I have been using this for crude oils futures 5mins trade. I trade when the candlestick has a reversal when it is away from VWAP. It has generated so much wealth for me for the past 1 year.
@claytrader2 жыл бұрын
Cheers!
@Lucas1araujo324 жыл бұрын
Another great reason I love the VWAP for day trading is because it stays the same on all intra day time frames. A regular moving average (Lets say 15 SMA) varies on every time frame, because it gathers the average price from the last 15 candles, now if you're using that 15 SMA on a 1min or a 5min chart the moving average is at a completely different place on the chart. This makes using these basic SMAs and EMAs a weaker confirmation than an indicator that is the same across all intra day time frames like the VWAP.
@claytrader4 жыл бұрын
Thanks for the thoughts!
@DanRodDanMac4 жыл бұрын
Indeed
@claytrader4 жыл бұрын
@@DanRodDanMac :-)
@cazkeymekam64274 жыл бұрын
You can use MA's from different timeframes. If you use a MA from a higher timeframe it actually makes a nice staircase instead of cutting through price all the time.
@caseyjones74044 жыл бұрын
This is why i chart 4h onto the 15min. Use 16x period multiplier.
@got2go4word4 жыл бұрын
As traders, we should always continue to evolve with our trading strategies,well done Clay!
@claytrader4 жыл бұрын
Cheers to that Mike.
@MeesterGonzalez4 жыл бұрын
I'm just getting started. Literally funded my account just last week. (TD-TOS) So I appreciate ALL the info you're giving and the fact that you present it in a straightforward manner. Not so financial geekified that I'm lost, but also not treating us like 5 year olds. Thanks!!
@claytrader4 жыл бұрын
Glad you're enjoying!
@michaelwaring64774 жыл бұрын
Best explanation of vwap I’ve seen so far. Excellent video
@claytrader4 жыл бұрын
Thanks Michael. Glad you found it helpful.
@rajm50224 жыл бұрын
Clay, you have awesome teaching skills. For someone new to this, I am slowly starting to get a grasp of what you are talking (there are other channels where stuff just went right over my head). Thank you for the effort you put in, I really appreciate it.
@claytrader4 жыл бұрын
Thanks for watching!
@dlealchicago Жыл бұрын
For someone that just discovered this, you sir have explained it THE BEST ON KZbin! Great video
@claytrader Жыл бұрын
Happy to help!
@crispy72154 жыл бұрын
"Prices below tend to rise back up, prices above tend to *rise* back down. Cheers.
@claytrader4 жыл бұрын
roger that!
@rudon90704 жыл бұрын
Thanks u saved me up 13 mins :D
@claytrader4 жыл бұрын
@@rudon9070 lol.... and then people blame the markets being rigged... no way it could be people are looking to cut as many corners as possible
@adityavikrammittal43964 жыл бұрын
@@claytrader i guess he meant to say, rather than *rise* back down it should be *fall* back down :P
@claytrader4 жыл бұрын
@@adityavikrammittal4396 perhaps!
@ChrisSchenk4 жыл бұрын
Good video Clay!! I use the VWAP in my trading and I use the RSI to help with entry and exits to my trades. I try to keep things as simple as possible so anyone including myself can use it. :)
@claytrader4 жыл бұрын
Good stuff!
@waynelangshaw78893 жыл бұрын
So glad i found your VWAP vid...its helped me go from a bad compulsive trader to a trader that makes good profit..thanks heaps !
@claytrader3 жыл бұрын
Glad it helped!
@kevinm44624 жыл бұрын
I've been using the VWAP for a long time. I'm a momentum trader and I have a long bias if above VWAP and short bias if below VWAP because I trade with the trend. I know this is directly opposite of what you explained but everybody looks at the "inkblot test" (charts) differently and an image appears that makes sense to them. The only thing that matters is if the image that appears makes you a consistent profitable trader. Another great thing about the VWAP is you can be rest assured knowing every trader using VWAP, no matter what time frame, is going to be looking at the exact same VWAP price as you (give or take a cent or two).
@claytrader4 жыл бұрын
Thanks for the thoughts Kevin.
@kate682uk4 жыл бұрын
Kevin M where do you start your vwap from and do you use it to trade fx, indices, metals, oil etc, or just stocks?
@qualityjohnmartinez83644 жыл бұрын
I'm still a beginner, and this is awesome clay.I love these types of videos since i am still learning but my goal is to follow your philosophy and someday be able to say $500 a day keeps the day job away.Please keep making more of these videos .
@claytrader4 жыл бұрын
Thanks for watching
@off-gridhillbillystyle37354 жыл бұрын
How is your trading now?
@claytrader4 жыл бұрын
@@off-gridhillbillystyle3735 he's currently going through my training program here claytrader.com/takecontrol/
@qualityjohnmartinez83644 жыл бұрын
@@off-gridhillbillystyle3735 to be honest i lost my initial $150 investment and now i'm investing in my training with the trading freedom pathway,it's definitely worth it.
@off-gridhillbillystyle37354 жыл бұрын
@@qualityjohnmartinez8364 I took a couple losses in the last 2 weeks but gained them back. Now watching the world drop out again lol. Just ride the wave it'll eventually come back
@paintasticpainting3 жыл бұрын
I just started using the VWAP a couple weeks ago...your video affirms it’s importance! I see many technicals referring to VWAP in general, so it’s opened my eye’s more than ever.
@claytrader3 жыл бұрын
Glad it could help!
@enhancedaquatics4 жыл бұрын
I love that you shared this. I started using it after reading Andrew Aziz' book, Advanced techniques in day trading. I think it's critical to view the charts from long time frame to short time frame with having VWAP set up in all of them. It makes it much easier to follow the trend. Love the content Clay.
@claytrader4 жыл бұрын
Cheers and thanks for the thoughts.
@sonorajosh66364 жыл бұрын
I wondered why Clay had never mentioned it after reading both of Andrew's books, but thought it was just a matter of choice
@claytrader4 жыл бұрын
Now you know why... lol....
@Fr3shProduce4 жыл бұрын
@@claytrader what is your opinion of the book though? I have not read it yet.
@claytrader4 жыл бұрын
Never read it. I don't believe in "trading books".
@SharpclawsXx4 жыл бұрын
I've been pretty using it close to a year. VWAP, volume and throwing lines on key support and resistance levels is all I use.
@claytrader4 жыл бұрын
Nice!
@rainmanferguson4 жыл бұрын
@@claytrader he didnt say he was successful he said it was all he uses so nice might be incorrect lol .... just saying
@claytrader4 жыл бұрын
@@rainmanferguson i'm saying it is "nice" that he uses it... stop overthinking things...
@simonmwangi1424 жыл бұрын
I'm a brand new beginner, listening to your Vwap explanation, I'm sold, I will try to use it, never used it before. Thanks Clay.
@claytrader4 жыл бұрын
Thanks for watching Simon!
@timfassbender4 жыл бұрын
First video ive seen on your channel, and i just wanted to let you know that your quality is astonishing! The second camera is extremely refreshing and listening to you speak is a pleasure. You definetely earned a new sub. Looking forward to binge watching your videos.
@claytrader4 жыл бұрын
Thanks for the feedback and welcome to the channel!
@MelekShelomohTrading4 жыл бұрын
I like the breakdown, very simple definition of VWAP
@claytrader4 жыл бұрын
Thanks for feedback!
@eddyvideostar4 жыл бұрын
Kaixo! King Yedidyah R: The breakdown is always useful to consider as *education,* whereas, the casino is mostly run by the house, which prints realities, and not charts of art.
@shortsniper100x33 жыл бұрын
agreed & subscribed
@MelekShelomohTrading3 жыл бұрын
@@shortsniper100x3 Clay is great channel to subscribe to. Good Job 👍🏽
@zeridiusmagus16762 жыл бұрын
New to trading so, I have been using the VWAP 0 mins. After this break down I will definitely start using this tool. Thank for information.
@claytrader2 жыл бұрын
Glad it was helpful!
@jajajaja2664 жыл бұрын
Once I added this to my scanner. I was seeing 40% and up gains each day .
@claytrader4 жыл бұрын
Nice!
@HAJJ1014 жыл бұрын
Please keep doing chalk demonstrations, this is old school and works so well!! It also works so well because of how you interpret things, got my subscribe!
@claytrader4 жыл бұрын
welcome to the channel!
@bc25782 жыл бұрын
Yup, same here. I don't know why I rolled my eyes every time I'd see someone mention VWAP online somewhere.......But one day someone said something that clicked and made me look into it. I don't even pay attention to most other things anymore, I cleared them all off of my charts......
@claytrader2 жыл бұрын
Cheers!
@SoSoSlick4204 жыл бұрын
Definitely gonna try. Thank you for everything. I just started but you've already helped many more than others and I made a good day on KO Monday morning because of you so thank you.
@claytrader4 жыл бұрын
Thanks for watching!
@richardhp774 жыл бұрын
Be curious to know if you're still making money day-trading or if you burnt out? What's the true ROI on content like this?
@SoSoSlick4204 жыл бұрын
@@richardhp77 Love the follow up. I myself have stopped day trading. While I was finding some success I could wrap my mind around what was actually happening in the sense of perceived value vs actual. The market seems manipulated and it's pretty apparent when CEO after CEO cashes out at the exact right time, time after time. I managed to find the most success just watching what the rest of the new folks were doing in the comment sections of videos and riding their emotional wave. Doing that helped me hit on Moderna and a couple SPACs and then I just sold out right away. Now I'm sitting on a ton of profit that I have no idea what to do with. XRP? Gold? Chinese digital? Haha. I've switched temporarily to sports cards cause it's a little more fun and a lot less stressful. Definitely appreciate the follow up and the content while I invested it. Enjoy the day.
@richardhp774 жыл бұрын
@@SoSoSlick420 Ok that's interesting. My feeling is that you are probably in the minority in that you actually made a profit, but even then you've highlighted something very important: that doing it consistently over time is much more difficult. This idea that you can easily quit your 9-5 and do day-trading seems like a fantasy. You also wonder how much of Clay's revenue comes from actual trading and how much form his $2000 courses. One is obviously a much more reliable stream of income. Also how can he be promoting this use of the VWAP without providing any back-testing to show that it's even remotely likely to lead to a profit? And if it was that simple to just look at some indicators and make a mean bank why hasn't that extraordinary profit been arbitraged out of the market yet?
@SoSoSlick4204 жыл бұрын
@@richardhp77 You sound just like I did awhile back too when I was questioning it all. All I know is, I did much better playing the moves of the folks in the comment sections then I did anything else. But even then it was the market movement after-hours that drove me out of the daily grind. And also, I took massive hits in the beginning so my making a profit was getting me out of the whole and back to barely above water.
@mu92844 жыл бұрын
Damn the content on youtube regarding trading is awesome , and this video is like a gem to the whole crown... keep the great work going on my friend.....
@claytrader4 жыл бұрын
Thanks for the kind words
@DPerk_764 жыл бұрын
Day 1 VWAP. Simple and digestible. Thanks Clay for taking the time to share.
@claytrader4 жыл бұрын
Thanks for watching!
@MJP9134 жыл бұрын
I always learn so much from you. I'm new at day trading and I should have found your channel before losing a few thousand. Wish me luck
@claytrader4 жыл бұрын
Thanks for watching!
@Justin-pu5pb4 жыл бұрын
I am new also, what books have you read to help? And who else do you like to follow?
@claytrader4 жыл бұрын
@@Justin-pu5pb My thoughts on books claytrader.com/videos/want-to-learn-how-to-trade-dont-read-books-heres-why/
@princesssophiawise35604 жыл бұрын
I understand and remember things better when I’m seeing it on a chalkboard. Don’t know why. But... THANK YOU!
@claytrader4 жыл бұрын
I agree with you!
@kustomkode4 жыл бұрын
I forget it instantly for some reason. But I have found that when I see it on a dry erase board I remember it better.
@claytrader4 жыл бұрын
@@kustomkode interesting
@kustomkode4 жыл бұрын
@@claytrader, crazy isn't it? Lol
@claytrader4 жыл бұрын
@@kustomkode indeed!
@daifuruta5814 жыл бұрын
This is very useful to me and VWAP which I didn't know the name but after you explained on video, I know that is happening all time everyday. Thank you I took note.
@claytrader4 жыл бұрын
Glad it could help
@lukeschaeffer25514 жыл бұрын
Thanks for the video, Clay, honestly. If I may suggest, make a condensed version of your lessons, as well. While I'm confident there are people who benefit from the small talk, there are also people who will tune into more of your vids, if more to the point. All the best.
@claytrader4 жыл бұрын
If I may offer you some feedback, you should probably stay away from the markets. Your apparent lack of patience is going to cause you lots and lots of frustration and lost money.
@lukeschaeffer25514 жыл бұрын
@@claytrader Super defensive - Check. Ability to receive sincere feed back - X.
@claytrader4 жыл бұрын
@@lukeschaeffer2551 What? I'm offering you advice. Just because you don't like/agree with the advice doesn't mean I'm defensive.
@yxcvmk Жыл бұрын
@@claytrader Years later: Interesting short conversation. What I've hared: 1. "Claytrader: You could improve your channel and views by making shorter clips where the information is condensed. 2. "Luke: If people have such a short attention span, they should not watch watch my Videos, because with this lack of patience they will very likely be slaughtered in the markets" I think both numbers above are valid, and both come from a different perspective. One is about getting more traction on YT, the other one about helping potential traders and don't care about YT algorithm too much. Still here I am 2 years later. 1/2 Million subscribers is substantial. If the trading is also successful, which I don't know, this would a well deserved Jackpot :-)
@claytrader Жыл бұрын
@@yxcvmk thanks for weighing in 🙂
@mojaeger854 жыл бұрын
I shamefully never knew about VWAP... This has changed everything. Thank you for the breakdown. Love your content.
@claytrader4 жыл бұрын
Cheers Jonathan!
@shedlight013 жыл бұрын
watching in 2021, i love your teaching style. you broke this concept down in a very easy and fun way. i will be watching all of your vids. thanks for being a great teacher.
@claytrader3 жыл бұрын
Happy to hear that!
@vvm1014 жыл бұрын
Love the color chalk details ! Thanks for simple breakdown
@claytrader4 жыл бұрын
You're welcome. Thanks for the feedback.
@millysanchez71373 жыл бұрын
Yess👏🏼
@beetdevin48124 жыл бұрын
Finally someone explains clearly what VWAP is!!!
@claytrader4 жыл бұрын
Glad it could help Rolando.
@jenialherdianto2923 жыл бұрын
I love the way you teach. Can't skip every second. Very enthusiastic, positif energi..
@claytrader3 жыл бұрын
Glad you enjoy it!
@RobertCooneyOnline4 жыл бұрын
"I've been using it for 10 years Clay. Welcome to the party" Seriously, welcome to the party. VWAP is great as a reference point.
@claytrader4 жыл бұрын
Thanks for the welcome ;-)
@mehulsan774 жыл бұрын
Robert C yo bro
@claytrader4 жыл бұрын
@@mehulsan77 yo
@superkittybtc4 жыл бұрын
@@claytrader hey check out this person on tradingview, superkitty uses vwap all the time in a very interesting way
@claytrader4 жыл бұрын
@@superkittybtc are YOU superkitty? lol
@TyKOmain4 жыл бұрын
VWAP is one of the only indicators on my chart.
@claytrader4 жыл бұрын
Cheers to that.
@TyKOmain4 жыл бұрын
gaurav bhat The list goes on there are literally thousands of indicators that people believe give them an edge. I prefer a clean chart and only use simple moving averages and VWAP
@lmbreal69123 жыл бұрын
Been hearing vwap alot but your are the only one that made me understand this. Thank you
@claytrader3 жыл бұрын
Glad it could help!
@route66readymix454 жыл бұрын
Talk about the serious stuff!!! Freakin’ love this channel. I just stumbled over this channel, never popped up before. Seen a few and by far, there hasn’t been anyone on KZbin that explains this dissection like Clay. Die hard follower here. Newbie to stocks......looking at shorts & options. They seem to be my best fit. I have plenty of time to burn and just wanted to learn something new. So far, I’ve slowly made money. However, that’s due to the crash. I’d like to really master some type of plan , as it seems that news also effects different industries. Happy Camper , here.
@claytrader4 жыл бұрын
Welcome to the channel! I appreciate the feedback.
@Jcestanley4 жыл бұрын
Same here. I thought I was on my Apple TV clicking on a dif video one night after having several drinks and this guy starts day trading... I haven’t stopped watching him since. This is exactly how I want to trade. I’ll eventually end up subscribing to his chat.
@thesoulengine4 жыл бұрын
Great point on the chain reaction theory Hope everybody uses it that way. We can all Increase the chance to make more profits.
@claytrader4 жыл бұрын
Cheers
@nc674 Жыл бұрын
This is a great example of how VWAP works and you simplified it very nicely!!!
@claytrader Жыл бұрын
Glad it was helpful!
@powerfulknowledge11724 жыл бұрын
Clay, I've been using it since I started, without knowing it was a common rule. I'm pretty new on this about trading, but I'm trying to observe well the numbers day after day.
@claytrader4 жыл бұрын
Good job!
@vitsin873 жыл бұрын
You still winning with this indicator?
@NIO7774 жыл бұрын
I am a VWAP virgin Clay.. Lets make some great trades.. Ya Thank You for this great video.
@claytrader4 жыл бұрын
You a member of the community?
@kuverra87154 жыл бұрын
@@claytrader nice xplanation! what u think of using a set fibonnaci of vwma,s instead of ema,s?
@claytrader4 жыл бұрын
@@kuverra8715 Kuver, if you want to "talk stocks/trading in general", that's the entire idea behind my private community here claytrader.com/team which you are welcomed to join.
@McKannon4 жыл бұрын
@@kuverra8715 you can also join lots of other FREE communities that dont try to take advantage of new traders. Do your research first for free. Then, and only then, should you decide if youd like to dump your money into someone else's pockets.
@obieWanmotivation4 жыл бұрын
Finally someone broke this thing down in a way that makes common sense. God bless you Clay!
@claytrader4 жыл бұрын
Glad it helped!
@roflcopter43883 жыл бұрын
"When enough people believe it to be true then it's going to work." GME 2021 lolol
@claytrader3 жыл бұрын
indeed!
@sfkingalpha3 жыл бұрын
holding and waiting for moon landing
@claytrader3 жыл бұрын
@@sfkingalpha is the moon in the toilet?
@krishnanshanmuganathan54163 жыл бұрын
Exactly true!!!
@thomasdivan25373 жыл бұрын
Great explanation ClayTrader ! However I have a question for you regarding the VWAP indicator. Hope you are willing to share your understanding to me. I got a little bit of confusion with your statement that buying the stock below the VWAP (the majority of the buyer) is considered to be good and buying above the VWAP is considered to be bad. My assumption is when there are institutions or big players who buy the stock at $20 with such a huge volume, they will have an average buying price within $20 price level. Moreover, in order for them to be profitable they will need to maintain the price above $20 which is their average buying price. In this case, if the price fails to maintain at $20 and breaks below their averahe buying price and VWAP, this will be unfavourable for the majority of buyers and eventually they might consider to sell their positions as it's unprofitable. This potentially puts a further sell off causing the price to drop further from the VWAP level and making it to be unreasonable to buy below the VWAP. What do you think about this? Thanks in advance ! 🙏
@tissot03254 жыл бұрын
I’d still like to ask if day traders make more sense than buying stocks and holding for a time what do you think
@claytrader4 жыл бұрын
I believe in diversification, which is why I do both.
@claytrader4 жыл бұрын
@Andrew Johnson thanks for the thoughts Andrew
@sanekabc4 жыл бұрын
Ask Warren Buffet
@tissot03254 жыл бұрын
@@sanekabc if you ask Warren buffet, he holds stocks for a long time
@brandonyankees14 жыл бұрын
Day trade and turn those profits into long turn investments
@jamesjones-uy1dy2 жыл бұрын
Every now and then, I come back to watch this video. Excellent explanation of VWAP. It really breaks it down to a small timer like me. Thanks, Clay.
@claytrader2 жыл бұрын
Glad it was helpful!
@jamesnewcomb60654 жыл бұрын
Thank you for explaining that to me like I am 6 years old. I finally understand what it is. Thanks subbing now.
@claytrader4 жыл бұрын
Welcome to the channel!
@amitjha5734 жыл бұрын
Thank you Sir, for this informative video, looking forward to checkout your other videos ..... Thanks again, Respect from India 🇮🇳🇮🇳🇮🇳.....
@claytrader4 жыл бұрын
Thanks for watching!
@skipperandy21993 жыл бұрын
Thank you, as a "Financial Guy", (I design and build financial systems), I'm getting more into trading, and as one that has done financial training in the past, your videos are actually very good. Thank you for your efforts and you have a nice natural talent to explain these concepts in a clear and concise manner. Great job.
@claytrader3 жыл бұрын
Fantastic!
@johnkobbie38354 жыл бұрын
Makes me want to go out and buy a chalkboard and some funky markers that writes on chalkboards.
@claytrader4 жыл бұрын
It's fun!!!
@Thsiscool4 жыл бұрын
"Now from the top, make it drop..." - When putting the V in the WAP...
@claytrader4 жыл бұрын
Cool
@trading21204 жыл бұрын
nice one!
@JohnSmith-zc5ox4 жыл бұрын
To bad she got the DAP
@surfpanther3 жыл бұрын
Never used it, I always focused on the RSI so much and the one minute candlestick and macd. Just added this. Great video
@claytrader3 жыл бұрын
Excellent!
@jaydmhearne4 жыл бұрын
This is great, really well explained. Thanks Clay 🤙🤙🤙
@claytrader4 жыл бұрын
Thanks for watching
@NoName-mf1un4 жыл бұрын
''You want a good price... D U H'' made me laugh really hard and idk.
@claytrader4 жыл бұрын
:-)
@iCodeForBananas3 жыл бұрын
Glad to see that I'm not crazy observing the price action related to VWAP.
@claytrader3 жыл бұрын
Not at all.
@DanielFlores-ug1tk4 жыл бұрын
“Tend to Rise back down”😭 8:15
@claytrader4 жыл бұрын
:-)
@nimietyskookumlucre67024 жыл бұрын
Self fulfilling prophecy... Lemmings hire a clown in expectation of a circus.
@claytrader4 жыл бұрын
Something like that
@mr.lucasifer4 жыл бұрын
This is the first VWAP video I watched. I have not used it in charting yet, but I feel like this was an excellent introduction. I subscribed before the video was even over. I appreciate your lack of gimmicky bullshit. Very straightforward, informative, and concise. Thanks!
@claytrader4 жыл бұрын
Thanks for watching!
@anandhakumar91824 жыл бұрын
Stop all these videos, show the live chart and punch the trade....that shows you are using it. :P
@claytrader4 жыл бұрын
Hi Anandha, that is here claytrader.com/video/live-trade/
@1chicklish3 жыл бұрын
I just started using it and I'm doing my best to get a good understanding on how to make it a useful tool for my Trading. You did a good job of explaining, thank you
@claytrader3 жыл бұрын
Glad it was helpful!
@allthingsnu46732 жыл бұрын
Great explanation… thank you! I started learning trading 10 months ago from a person who uses VWAP. He didn’t explain it as you have and, to me, most of the time the candles were so far below it that I didn’t see the point of it so I removed it. Now I get it and can see the reason for using it now.
@claytrader2 жыл бұрын
Glad it was helpful!
@lohithraghupathi31753 жыл бұрын
The passion in you for putting this out for us, I couldn't not connect to any other content provided like I did to you ... Please keep doing this
@claytrader3 жыл бұрын
Glad you enjoyed!
@upone234 жыл бұрын
Best breakdown I've seen on KZbin, and I've seen a bunch of videos about VWAP.. Very good way to dumb it down...
@claytrader4 жыл бұрын
Glad it could help!
@demianstclair32794 жыл бұрын
Yes, Iam using it...now. Its my first and only indikator, besides price ofc. Thanks Clay.
@claytrader4 жыл бұрын
Cheers
@SLEEP9Mili3 жыл бұрын
The best video I watch on explaining vwap
@claytrader3 жыл бұрын
Thanks!
@ronandemailly53843 жыл бұрын
FANTASTIC! Awesome, best video out there about the VWAP, finally something that really explains what it is!
@claytrader3 жыл бұрын
Glad it was helpful!
@jfox110003 жыл бұрын
I’ve never traded a day in my life but want to and love watching this guys videos
@claytrader3 жыл бұрын
I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/
@ralphschraven3394 жыл бұрын
One of the most integral additional criteria to consider is the general trend. I would definitely mention that. If you're in an uptrend and price is below the VWAP, instead of relying on VWAP acting as resistance, watch the stock to see if VWAP is broken out of and trade the confirmation if you want to stay on the conservative side. Amazing video by the way, incredible teaching skills.
@claytrader4 жыл бұрын
Thanks for watching
@raymondschilcher31312 жыл бұрын
Clay, my story with the VWAP is much the same as yours. I have been actively trading for years. I began with the VWAP early on and then strayed away from it. I am now back and would not trade without it ever again. My charts are stripped down...not quite "naked" but not Jackson Pollock either. Good job of explaining the indicator for those who do not know what information that it provides!
@claytrader2 жыл бұрын
Thanks for sharing!
@gcv19864 жыл бұрын
Stumbled on this vid randomly. Heard the term VWAP for the first time as I’m a newbie trader. I paused this video in the middle, applied the vwap indicator in a local stock that shaked the local stock market last Friday (here in the Philippines). I saw that during the day shakeout, the vwap was where you said it would be. And I could have used to earn like 10-20%. Thank you for sharing another angle for trading! Cheers
@claytrader4 жыл бұрын
Glad it was helpful!
@samatrixsam4 күн бұрын
I only heard about the VWAP two days ago but the videos i watched confused me (I'm not the quickest guy :) ) but your video is brilliantly basic and it really switched on the light. I have now subscribed and will check out the rest of your vids. Thanks - great job!
@claytrader4 күн бұрын
Glad I could help!
@leonmellingen36333 жыл бұрын
You are a good teacher! I love the different marker colors, makes it easier to understand. Thank You!
@claytrader3 жыл бұрын
Thanks for the feedback!
@thesupernerdgaming67863 жыл бұрын
I’ve been watching your videos because I’ve been trying to learn more about stocks, and you are by far the most clean spoken person to display this stuff. Very easy to understand and to follow along with what you say, I learned a lot!
@claytrader3 жыл бұрын
I appreciate that!
@ManvendraVermarpv4 жыл бұрын
I have heard about it but wasn't aware of its strength, it is really a must-have indicator,. The way you have explained it have made it much more interesting, thanks a lot
@claytrader4 жыл бұрын
Thanks for watching
@AC-vp4ss3 жыл бұрын
Video not only colorful, but very helpful. Thank you and great job breaking the VWAP down.
@claytrader3 жыл бұрын
Glad it was helpful!
@leo_libra61817 ай бұрын
Well...I'm just starting to use the VWAP after hearing about it for so long. Literally today. Like everything else, I'm going to take my time to get a feel for it. I waited so long because it seemed like a trend: no pun intended. Compared to other indicators, VWAP seemed to lack statistical processing of the input values. That is to say, it seemed way to simple! In the context of your explanation it makes sense that it's a powerful tool. Essentially it represents Supply & Demand. Trading is a business more than a statisticians game. Thanks for taking the time to explain this!
@claytrader7 ай бұрын
Thanks for watching!
@michaelstafford65834 жыл бұрын
Your VWAP video is very clear and easy to understand. Thanks and happy trading.
@claytrader4 жыл бұрын
Thanks for watching
@EverydayBroC103 жыл бұрын
Today, is important. I finally understand the MACD, RSI, MA and VWAP. My eyes are now wide open!
@claytrader3 жыл бұрын
Great!
@CristianHColon-vu5up4 жыл бұрын
Best and simple explanation of VWAP, Liked the video and also subscribed!!! Thanks!
@claytrader4 жыл бұрын
Welcome aboard!
@Saitama-nu6jf3 жыл бұрын
I just applied what I learned about this video, and I observed myself that I'm not chasing shares anymore above the VWAP. FOMO is really something hard to resist and it bit me hard. BTW.. Thank you for these kind of videos.
@claytrader3 жыл бұрын
Good stuff!
@FireFly9692 жыл бұрын
I've been use it since around a week And I watch some KZbin videos about it, and your video is one of the videos that I watched till now And thank you
@claytrader2 жыл бұрын
Thanks for watching!
@tuckebarry3 жыл бұрын
Thanks a lot. And love that you reply to all the comments even with a bunch of these. Hope your channel grows, God bless
@claytrader3 жыл бұрын
So nice of you
@iamblacksheep13 жыл бұрын
Awesome stuff. I"ve been only trading for 6 months and have just been stubborned by not paying that much attention. I found yours and others videos to learn how to use it. I appreciate you taking the time to explain with real world situations and less technical jargon as well.
@claytrader3 жыл бұрын
Glad to help!
@wpb.andres53353 жыл бұрын
I cannot explain how much i love you, for making this video. Thank you sooooo much.
@claytrader3 жыл бұрын
Glad it helped!
@VySally3 жыл бұрын
Clay, I really love the way you make video, very easy to understand and hit attention. Satisfy to watch!
@claytrader3 жыл бұрын
Glad you enjoy!
@Rfvansaun4 жыл бұрын
I will be giving it a try...I have always seen it being used but did not know exactly what it was. This video helped a lot by explaining what the VWAP is.