nimit.chomnawang

20210729 VAB trading in EURGBP 1h

FX:EURGBP   Euro/Libra esterlina
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VAB trading
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V = Volume weighted average price
A = Arrow (price crossed VWAP)
B = Bell (price touched VWAP)

Instant entry when a bell shows up
after arrow.

At 29 July 2021 0800 hours UTC+7 in a EURGBP 1h chart, the VWAP (Volume-weighted average price) line turned from white to purple. The price crossed under the purple VWAP with a red arrow.

At 9.00 hours, the price to touch the purple VWAP line and a bell showed up. With these conditions (Vwap-Arrow-Bell) in place, a sell order could be sent out the instant that the bell appeared. If the leverage was 1:500 and lot size was 20% of balance, a cautious trader could take profit when the fund grew up beyond 4%.

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