Monday, January 7, 2008

Mondays Range Day Using Std Dev of VWAP


Power Sell Structure to start the day -- expected to violate Friday low
Violation of Friday Low after multiple high to lows sets up a potential 'taylor buy day'
Low violation leads to a 2 std dev move up over VWAP
Volatile range days often end moves at +/- 2 Std Devs
Market tests bottom end of range and ends up closing on VWAP (center of the days range)

No comments: