Trading with VWAP and Price Action

Watching the following (and anticipating a retest and reject on a good Marubozu like candle before entering trades):

USDCHF:



EURUSD:




Trade after confirmation and trade only what you see and not what you think.

Now watching the following (Based on PA analysis on HTF)

BUY: EURUSD, NZDUSD, EURCAD, AUDCAD, EURAUD
SELL: GBPJPY, USDCHF, CADJPY, GBPCHF, NZDJPY

What Volume you use for forex? Tick volume?

I am currently using the "Volume" indicator that comes with MT4. I believe this is not tick volume. I use volume for additional confirmation only before entering a trade.

EURAUD BUY (Red area is stop loss zone; Yellow zone is take profit zone)

EURAUD BUY was successful.

AUDCAD BUY

Now watching the following (Based on PA analysis on HTF)

BUY: AUDCAD
SELL: GBPUSD

Exited for a small loss. Not a high probability trade.

Now watching the following (Based on PA analysis on HTF)

SELL: AUDUSD, EURUSD, NZDUSD, NZDJPY

For SELL trades on the following pairs: AUDUSD, EURUSD, NZDUSD, NZDJPY
A movement similar to the one below must occur on M15 and a good BEARISH Marubozu like candle with NO bottom wick OR a tiny bottom wick should form around points C or C1 before entering the trades. We wait for the right opportunity and do not chase the price.

Now watching the following (Based on PA analysis on HTF)

SELL: AUDUSD, EURUSD, NZDUSD, NZDJPY, EURJPY

Now watching the following (Based on PA analysis on HTF)

SELL: AUDUSD, NZDUSD, NZDJPY, EURJPY

Now watching the following (Based on PA analysis on HTF; Those pairs that have already moved quite a bit, we need to wait for them to retrace on HTF and then continue in the main trend direction)

BUY: AUDCAD, AUDNZD, CADJPY, EURAUD, EURUSD
SELL: NZDCAD, GBPCAD, NZDUSD, NZDJPY, GBPCHF, USDJPY, USDCHF

The below are screenshots from trades taken on H4 with analysis done on D1 and W1 timeframes. This approach is still evolving. The trades i had taken, where i strictly followed most of the rules, are currently going in the right direction: This has nothing to do with VWAP -I will, eventually, start a separate thread for trading on H4 with analysis on D1/W1/MN

EURCAD SELL



CADJPY BUY



NZDCAD SELL




Rules / Questions:

As mentioned earlier, i started a new thread for higher tie frame trading as it may not always be possible to make time to monitor charts on lower timeframe (M15)

Please refer to the following for HTF trading. This can be used to determine the direction of the trade and then use VWAP / 200 EMA on M15 to trade.

https://www.forexfactory.com/thread/...g-price-action

As and when i find time to trade on M15, i will update the trades here.