Sharing a solid intraday idea for you all – something I’ve been running on the S&P 500 E-mini Futures (30-min chart) lately, and it’s been delivering clean setups.
VWAP Breakout Play
I’m focusing on simple VWAP-based breakouts. Here’s the breakdown:
The setup:
• Wait for price to break above or below the VWAP with strong momentum (big candles + solid volume).
• I always confirm with a momentum indicator like MACD or RSI to filter out the noise.
Entries:
• Breakout Long: When price pushes above VWAP + momentum aligns.
• Breakout Short: When price dumps below VWAP + momentum confirmation.
Exits & Stops:
• Scale out at session highs/lows or key pivots.
• Stop-loss goes just beyond VWAP to keep the risk tight.
• If momentum fades, I’m out.
Why I like it:
VWAP attracts institutional flow, and combining it with momentum gives this strategy a solid edge, especially around U.S. session opens when volatility kicks in.
Give it a try and tweak it to your liking!
VWAP Breakout Play
I’m focusing on simple VWAP-based breakouts. Here’s the breakdown:
The setup:
• Wait for price to break above or below the VWAP with strong momentum (big candles + solid volume).
• I always confirm with a momentum indicator like MACD or RSI to filter out the noise.
Entries:
• Breakout Long: When price pushes above VWAP + momentum aligns.
• Breakout Short: When price dumps below VWAP + momentum confirmation.
Exits & Stops:
• Scale out at session highs/lows or key pivots.
• Stop-loss goes just beyond VWAP to keep the risk tight.
• If momentum fades, I’m out.
Why I like it:
VWAP attracts institutional flow, and combining it with momentum gives this strategy a solid edge, especially around U.S. session opens when volatility kicks in.
Give it a try and tweak it to your liking!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.