Intraday Trading Strategies is one of the most searched topics. An investor or trader always try to find out the right strategy for intraday. Some of the Intraday Trading Strategies are simplest whereas others are a bit complex.
In this video, we will discuss one of the simplest strategies i.e. Volume Weighted Average Price. It is very simple to understand and conclude. If the stock price is more than the Volume Weighted Average Price then the trend is upward. On the contrary, the stock is in a downtrend.
It is imp for a trader to understand the logic behind VWAP. It helps to find the intraday direction and sentiment of the trade. Therefore, traders can use this simple Intraday Trading Strategy.