Steal This Trade Strategy Using Only VWAP #vwap #coin #barchart

Why It Matters

The method shows traders how to exploit VWAP fake‑outs for high‑probability entries, improving risk‑adjusted returns in volatile crypto equities.

Key Takeaways

• VWAP breakouts can signal fake-out selloffs, offering entry points.
• Use recent low after VWAP breach as stop-loss reference.
• Anchor VWAP serves as primary target for profit-taking.
• Example trade: entry 20320, stop 20185, profit ~4 on $1.5 risk.
• Consistent VWAP strategy yielded no re‑break, confirming support.

Summary

The video demonstrates a VWAP‑centric trade on Coinbase, highlighting a fake‑out breakout below VWAP and subsequent rebound.

The presenter explains that when price pierces a recent low after crossing VWAP, traders should buy near the VWAP level, set stops at the low and at the fake‑out zone, and target the anchored VWAP as profit zone. He cites specific numbers: entry 20320, stops 20185 and 2150, target 20714, risk‑reward ~2.7:1.

He emphasizes the trade’s outcome—price never retested below VWAP, anchored VWAP became support, and the trade generated $4 profit on $1.50 risk. He calls it “the greatest market” he’s seen since 1992, underscoring his reliance on VWAP.

The approach illustrates how disciplined VWAP usage can isolate risk, capture short‑term momentum, and provide clear entry/exit rules, valuable for day traders seeking systematic edge.

Original Description

In this video clip, Barchart contributor and day trading expert Kenny Glick explains how he identified an intraday opportunity in crypto exchange Coinbase ($COIN) stock.

Using volume-weighted average price (VWAP) and anchored VWAP, Kenny shows you one of his favorite intraday price patterns developing - and how he used the stock's own lows and VWAP to line up both his entry points and stops on the trade.

Check out the clip, and head over to Barchart to start trading with VWAP: https://www.barchart.com/education/technical-indicators/vwap

Find more Kenny over at Hit the Bid: https://www.youtube.com/@HittheBidRadio