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VWAP Bounce Strategy — The Only Setup I Trade Now

r/DaytradingstocksIntraday (1-min, 5-min)by reddit_community

VWAP bounce strategy on large-cap stocks. Wait for pullback to VWAP after strong open, confirm with candle pattern. 62% win rate with 2:1 RR. Only works on stocks with high relative volume.

ENTRY RULES

Stock must have high relative volume (2x+ average) | Wait for price to touch or cross VWAP | Look for bullish reversal candle at VWAP (hammer, engulfing, pin bar) | Enter on break of reversal candle high

EXIT RULES

Stop loss 2 cents below VWAP or reversal candle low | First target at pre-market high | Trail stop using 9 EMA on 1-min chart | Close by 11:30 AM if target not hit

INDICATORS

VWAPVolumeCandlestick PatternsEMA

ORIGINAL POST

385
r/Daytradingposted by reddit_community

VWAP Bounce Strategy — The Only Setup I Trade Now

After trying dozens of indicators and setups, settled on VWAP bounces as the most reliable day trading strategy. Wait for price to pull back to VWAP after a strong open, confirm with a bullish/bearish candle pattern (hammer, engulfing), and enter with tight stop below VWAP. Works best on large-cap stocks with high relative volume. Average win rate 62% with 2:1 RR.

267 commentsView on Reddit

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