okay so this lesson is gonna be about V rap all right so V vApp stands for volume weighted average price okay volume weighted average price now there are a lot of ways to use V rap but I’m just gonna give it to you the way I use it and in a way I think it should be used all right a lot of people trying to make obviously fancy you know strategies around the V vApp but it’s not needed okay so as a rule of thumb this is the V vApp you guys see this this is the V vApp this orange line is the V rap it’s the default setting you don’t fidget with it okay and V rap is always gonna be at the same location okay it’s gonna be same location on the fire the same location on the 15 wherever you put on the chart so I was gonna be the same place unlike a moving average the moving average obviously adjusts on every chart if you put on a five-minute chart a 9 EMA it’s gonna look at the last nine bars right there’s a V lapse of revamp so it’s the same on all time frames that’s why it’s really good because no matter you watching it on 13 minute chart seven-minute chart 2 minutes our one minute chart it’s going to be at the same location so everybody’s looking at if anybody who’s looking at the V map they all have the same price that is why it’s potent right because moving averages some people use 9 some some people use 10 and it’s different on each chart at 9 a.m.

A on a 9 9 minute chart it’s gonna be different than on a 5 minute chart right or is the view have the same on all time frame that’s why it’s really important because everybody’s seeing the same price alright so simple rule is if a pair equity or in DC or whatever right if any instrument is above trading like trading above V web it’s bullish alright it’s trading if it’s trading below V rap it’s bearish as simple as that okay as simple as that it’s above it it’s bullish it’s below it it’s bearish period okay and another way to use it it it works as support and resistance okay it acts like support and resistance level so pretty simply if a stock is below the B rap its rallying back into the V vApp alright it’s rallying back into the V vApp the V vApp act as resistance all right so stock is below the B vApp and it’s rallying back into the V app form below to the evap it’s gonna act as resistance now if a stock is above the V vApp and it pulls back right it pulls back into the V rap it’s going to act as support the V laps now going to act as support okay it’s pretty simple so above the V vApp a thing is bullish below the video app it’s bearish if a stock or anything is below the be map and now it’s running from low to high back into the V vApp that V map is gonna be as resistance okay same in the opposite of way if a instrument is above the V web and now it’s pulling back into the V vApp that V rap is going to act as support okay now it doesn’t mean that when it’s break you know it’s breaking V vApp you should buy it and it’s suddenly bullish no also doesn’t mean that as soon as it’s breaking below be very short it no right and I’m gonna use several examples today and I think um you know that will clarify how I used evap cause I think a lot of people have misconceptions they say you know when I say oh it didn’t work because there was V BAP there right and then you hear yeah but it broke it but doesn’t mean it broke it it’s bullish there’s a certain way to play using the V vApp okay and now I’m gonna cover that now let’s just take a look at the market market is amazing on spiders the V wrap is like gold right it works like gold okay look at this look what happened when the spider today got below the vivre app look at that it’s below touches failed comes to the reverb fails every time a club comes go to the me map it starts selling off right the reason why his vivre app is used by a lot of institutional brokers okay institutional brokers use Viva how do they use it let’s say I’m an institutional client okay I have let’s a million shares to sell I can’t just go out in the market like a retail trader and just sell it at the market right cuz I’m just gonna cause the equity to drop right I’m gonna get it under investigation and I’m gonna get tons of slippage and I’m not gonna be able to get out I’m gonna call the flash crash so the way you get out of a big position is the institutional clients fund managers hedge funds and mutual funds they go to their brokers institutional site brokers right and then they say hey get me out of a thousand shares of McDonald’s okay now the broker says all right sir we will guarantee you the video pricing we guarantee you be that pricing they never say you know I’m gonna do this or that they just say I’m gonna guarantee uv-map pricing okay so what they do is it’s calculated by the volume rate ‘add average price and they brokers they guarantee the clients a volume weighted average price so they have a vested interest okay to get the best pricing possible so what do they do and they guarantee the vive pricing so let’s say someone wanted to sell a million shares of spiders okay they will be offering out at the V vApp okay so it comes to the V vApp the institutional clients sell some comes to the V lab institutional clients sell some comes to the VF they sell some right so basically that tells you that the order flow is on the bearish side okay that’s what it tells you the order floors on the barest site so every time it comes to the V lab they’re gonna sell sell sell until the client is fully out all right now you might ask but hey why does the stock become bullish okay when it gets above the V map pretty simply you will notice the stock will always get rejected at the vivre a bright and then when it finally breaks through it actually goes high in the other direction right it starts to trend the reason why that is is because let’s say you know he has a lot of shares to get out every time I come to the rewrapped cell you know every time it comes close to the VF cell and now let’s say it finally breaks through it’s gonna go why is that well he’s selling selling selling so when it gets above evap that tells you that that institutional client who wanted to liquidate his position now he’s out he’s out he sold all the shares right so broker filled all the shares now that institutional selling client institutional seller is now out of the position and now equity is free to go higher right so that the broker is putting a ceiling on the stock at V map every time it comes close to it it starts selling it yeah and when it gets above it that basically tells you that okay it’s all sell orders completed now obviously can go higher because there’s no more sell orders right so that’s what happens and when you will also notice that sometimes when the stock starts to get away from the V rap right it usually starts to accelerate a little bit more okay and the reason why that is it because let’s say the institutional broker guaranteed his client that I’m going to get you out of B rap but the price starts going about below the Viva now he’s in trouble okay because he’s already guaranteed his client right you got pricing now he has to just get him out he wants to sell a million I have to get him out the broker usually what he starts doing he’s like you know what I don’t think the price is gonna come to me I’m just gonna start selling here just get him out right cuz they just want the business they want the business okay cuz they’re gonna get paid anyway they’re gonna lose some money here but they’re gonna make money on the Commission and repeat business of the client right so that is why my stock starts to go below the we wrap it sometimes starts to accelerate and also you can use it as a moving average so when a stock is way like too far from the BiPAP usually it’ll find its way back to the revamp retracing back to the V valve let’s say stock is higher it goes up with the V I’ve still down here stop might end up pulling back okay because that will tell you that when the stock is going up with a V I’m still here that’ll basically tell you that that up move right it’s on lighter volume it’s not backed by institutional when the V map is actually going up with the price all right that tells you that the institutional clients are buying it up volume weighted average price right so that’s what happened then look at this look at the market yesterday guys do you guys see what I’m talking about yesterday’s market five minutes five gets below V vApp touches fails touches failed it just couldn’t get below the V map what happened when it got above the V lap in the FOMC bam now that V vApp ended up becoming support and it went higher yeah now let’s check out PII okay the one that you guys were trying to play look what happened here guys struggling struggling struggling at the rewrap tries to get above it right no follow-through then finally when it cracks that V web base look what happens that’s when you get the down move right that’s what you want that’s what you want to do and let’s just use give me a stock because I want you guys to give me a stock so I can so we can see that you know how it reacts Pandora okay oh look at that let me go to the one-minute chart to make it much more clearer okay you guys will see look at that all in the morning all through this morning check this out boom pops over remap pulls back holding V lab there’s a biota right by our buyer a buyer or by order buyer gets filled goes back to the V lab by under-filled goes back to the Vita by autofill now when it finally breaks the V map that’s basically telling me that okay you know what looks like the buy order is done there’s no more buyer the buyers run away he maybe he doesn’t want it anymore right look what happened and hold the whole day long it hasn’t got below above the Vita and that is why I say that when you’re trying to play a retracement set up like a buy set up like a sell sell always wait till it comfortably gets above the map okay if you just use the simple rule you’re gonna have much more success rate in playing by setups and in playing cell setup just wait till it gets above why do you want to buy a Down training set up whatever you have learnt at other places who teach by setups and cell setups do one thing forget about it forget about it whatever you learned so far about by setups and cell setups at any other place forget about it the reason why they don’t make money the reason why there’s their setups don’t work is because they don’t even know what they’re doing right now bias it up in his essence what is a bias set up in its essence by the way if you want to take a screenshot of it you can do so you know what that’s fine it cuz you guys know what I’m talking about so like what is a by setup by its very nature a by setup by its very nature alright it’s basically a downtrend right it’s a downtrend and now you are trying to buy this it triggers over the pry bar how you right oh by setup triggered and then what happens it it kind of does this and it stops out and you’re like oh man stops out you know these setups don’t work anymore you start making excuses but you forget it didn’t work because the V map was flat like this right here right vo is flat like this so now that’s it you got to change markets have changed okay so you gotta use that let’s use Microsoft Neal throughout I’m pretty sure let’s see how it reacted on Microsoft let’s go to the five-minute chart on this look at Microsoft all day yesterday actually right let’s just zoom in a little bit and then we’ll take a look at all three days look at this day how Microsoft trading above evap breaks it now when it breaks it look what happens it can’t even get above it sells off touches an evap sells off touches media sells off right can’t even get above it hang it on the V vApp and then eventually rolls over look the same thing yesterday right and this is the day when this is today right when I was trying to play this long it got above the video I played it long and then it ended up breaking below the bebop and look what happened since then you know now it’s trying to get above it but it’s not gonna get above it because the way people use it incorrectly is that they say yeah but it brought it brought the vivre app right it got about the veal app you said above the rear of its bullet should got above the vivre app right what they say yeah but it got below the video right you said if the video I’m gonna take it no no you gotta wait till the setup actually takes place right so this is how to play a pullbacks now if you i am i am recording this so don’t worry about recording it i want to send you guys recording okay of this so this is how you play pullbacks number one this incorrect way to play a pullbacks right this is the incorrect way to peel a pullback and you’re gonna stop out most of the times if you’re still playing the 1990s by setups that you’ve been taught it’s not gonna work anymore that’s that stuff is 20 years old okay doesn’t work anymore now if you weren’t trying to play a cell setup or let’s see if you’re trying to play a breakdown okay let’s say you’re playing breakdown like this a lot of times what happens guys boom you get triggered and then the stock stops out right it isn’t this what happens yeah isn’t this what happened you try and play a breakdown it Peaks above and comes back below and then you stop out the reason why this happens is because the V app is like right about here right so you might have pierced it and you get executed on the short and now you stopped out so what you have to do and trust me on this okay I can you can give me any buy set up that you’ve traded in the past and I will show you exactly which one worked and which one doesn’t work okay and this is something I myself have learned only this year in 2015 before this I was doing the same thing it never worked I learned this this year okay it’s brand new sup you’re not gonna get to learn this anywhere else alright so this is how it works alright let’s see this so this is how you’re supposed to play it pretty simply soccer’s fall in you want to play a buy set up right and that’s it let’s assume this is the vivre app this flat red line of the vivre app usually this is what’s gonna happen a lot of people try and play along here right it touches the vivre app and then it rolls over so what you’re supposed to do and let’s say now breaks above the vivre app do you think this is a good entry here buying about the V gap what do you guys think now what you got to do when it finally gets above the vivre app you let it do its thing right at least four to three minutes at least like let a five minute candle do its thing about the video app right because a lot of time if you’re playing on one or two minute charts you get triggered in and on the five minute chart it ends up coming back down right it looks like a topping tail or whatever and now you say you say hey but it got above the reverb you said to Bible de vivre app but no a pullback has to hold above the vivre app for a long so this is what it’s supposed to look like all right boom boom boom boom boom you’re trying to play that let’s assume this was the V bap so boom you let it do its thing and then you wait for this pullback to form a higher look at the v map and then here is where you can buy it or when it takes this out right when it takes this out prior high then you are supposed to buy because then you can put your stop-loss here or here and you’re good because basically what you really want is a trend to form all right you want to trend to form because if you are playing a buy setup like this you are basically buying a downtrend right and this could happen on you because basically it’s just gonna end up forming a downtrend right then you try it again and then it stops out again it’s basically in a downtrend so you have to wait for it to get into an uptrend how do things get into an uptrend for an uptrend to happen it needs to make a higher high and a higher low so this is the buy setup you do let it do its thing don’t buy it let it do its thing let it do its thing like this form a higher low and then that’s where you want to execute your position okay let’s just take a look let’s find me an example um I mean there’s so many examples I mean it’s insane like I can’t even explain how many examples there are right in the past few days we’ve seen so many example in itself so Adobe take a look why can’t I press I don’t look at this for example guys look at this for example look at Adobe today gets below vivre app touches fail look at this touches view app fail and I’m pretty sure on 15-minute chart was something it looked like a buy set up I guess I don’t know I mean yeah to some people this might look like a buy set up right touch of the video app fails right and now let’s take a look at Adobe five-minute chart let’s go back tell me a gapper though I want to look at Gabor’s these Gabor’s are the best thing for you know you know for uh for pie situps let’s let’s find me a gap up yeah Baba from yesterday I mean anything Baba from any day look at any day Bala this day Baba was below vivre app how did it closed bearish this day Baba was below the video when it get about how did it close bullish this whole day Baba was above evap closed bullish yesterday Bao was above and below flat line when it got above the v-up up move came in today got below the viva and look what happening now look what’s happening now right it’s been trading below the view of all day quite extended rally to the vivre app look what happened guys failed all right this is the best tool I have found in 2015 every year I learned something new right I mad at you guys and MIGA you know me we all dynamic traders so every every year I pick up something new last year was the year of the squeeze indicator right Bollinger Bands Keltner channels their work the best in 2014-2015 they don’t work as well every year it’s like a flavor of the month right every year there’s a new thing now next year who knows beam up might be irrelevant yeah so as a trailer you gotta constantly adapt you constantly have to be dynamic and that is how are you gonna survive in the marketplace right it’s like flavor of the month last year was the either said Keltner challenge Bollinger Band squeeze voodoo lines um you know TTM indicators you know they were the flavor of 2014-2015 there as good yeah then before that was the year of the you-know-what what’s that guys never forgot that tool a rate of change indicator ROC that used to work Willie well in 2012 doesn’t work anymore any longer so things change because as people adapt as people learn right ask exactly so yeah as people learn now I’m sharing with you V vApp okay you know I’m sharing with you guys and I shouldn’t have but I have right so I can’t take it back anymore but it’s like more people share this knowledge more it’s going to become common knowledge when it becomes common knowledge people move on find something new comes in so you gotta adapt as a trader else you gonna be like those floor traders right floor traders made millions in multi multi-million dollars in days right when it moved when we moved to electronic trading all of them got eliminated because they didn’t know what to do yeah so that is why you got to forget those 20-year old methods that you guys have been taught and I’m not knocking it because that’s what I started as well right that is what I started as well I have no problem admitting that right I have a lot of respect for a couple of people there and I learned there right I learned a lot of things there I started there so let’s not knock anybody but I notice an issue failure to adapt failure to be dynamic and that is why they have nothing to show you know what I mean so anyway let’s move on from that topic and a but let’s get back to the V whap I wanted to cover on some setups let me show you the strategy class arm slides all right I’m gonna just finish this topic and then I’m gonna head off because I have to hand it over to Jared so let me bring up some slides for the you know actually let me knock let me load it up here one second here let’s let’s shut off the screen share let’s go to slide sharing let’s go to the strategy class all right so to do let me quickly or move back in here all right check these setups out guys check these setups out okay check these setups out these are all from a paid class which I’m not gonna offer anymore right so check this out these are all trades we took in the room look how it’s been look how this is trading the Ford where’s my cursor all right so you see how it’s been trading below V vApp below the viva don’t take it below the vive don’t take it finally breaks the V gap you buy the next pullback boom look at this thing no he kept don’t don’t don’t don’t do it finally gets above evap hose back holes by boom look at this setup here she’s on the short side breaks down comes to the V vApp comes to the V up can get above short fail look at this pullback a lot of people here bought this buy set up they’re stopped out they bought this buy set up they stopped out they bought this buy set up they stopped out here I just waited waited waited this pullback happened it broke below evap came back up a higher low entry long boom and all these were trades from the room okay so that’s what I want you to see it’s something that works and to trust me just try this try it try it okay put it on your chart use it on all your pull backs okay use it on on your pullback setups and you will notice the difference okay trust me I know it’s hard to change I know it’s hard to put new stuff on your charts but just put it if you want you can take off all the moving averages take off all the moving air just just put a video up on there okay and you will find out these things work like a charm all right so FedEx should pop um well if it gets above it yeah so if it basically FedEx for it to pop FedEx needs to get above 150 for 20 yeah if it gets above that it could but you got also in you gotta also think of it this way you’re going to align the V whap with the daily chart no I based on this I would say yes FedEx could pop okay but I just don’t like the daily chart you know so you can’t use anything in isolation you can’t just say that okay it’s getting about V vApp I’m just gonna buy it no you gotta still look at your daily chart yeah so let me quickly share my screen again alright check this out so look at this someone bought a someone bought this buy set up right about here now they’re like what the heck what the is happening right I just gonna stopped out whatever and look at it it never got a below above the V map it touched the V map it failed right it got above the V vApp but did it did the pullback hold they didn’t give you a higher no no right so now if you want to play this long it’s a simple setup wait till it breaks all of this gets about the vive comfortably then you buy it alright that’s as simple as that but that being said I just don’t like this chart you know I just don’t like this chart um le I have you taken uh you’ve taken pts right le you haven’t all right so I mean you know a couple couple people have it so um a lot of members have it so if anybody wants to share it please share with Ellie okay so um so anyways so that being said look at FedEx right I mean it could definitely work but it’s just like they’re better daily charts out there you know so you got to also look at the daily chart in comparison to that for me the daily chart comes first before anything right can you take a look at Netflix let’s take a look at Netflix here so Netflix is a junk today I mean Netflix is a junk right wait apart from this little pullback to the V vApp it hasn’t paid attention to it but the best way to use V tap is on gap ups okay gap ups are the best way to use V gap gap ups and gap downs all right now for example let’s use the example of PII which a lot of you guys were trying to short today right now let me go over the setup with you okay let me go with a setup with you guys on this thing here let’s zoom in a little bit oh wait sorry all right so that’s usually for example so see how it pierced below the viva pride but did you get a pullback that held every map no it popped above so no short it broke the evap did the pullback hole no no short right it pulled the low V vApp they did the pullback hole no it got above right pull back to the leave upheld pull back to the view upheld pull back to the VFL now look what happens here all right I don’t even know if this was the one that worked or not but just look here broke the V map right try to get above the V vApp no so you put your short entry right under here let’s see what happens look at that and since then it’s never even got above V vApp so if i zoom I don’t know how can zoom in but I want to zoom in like this okay can it there you go so let me let’s look at it on a micro time frame look here guys look here broke the V vApp okay try to get above it put in a green bar but that failed right tried to get above it failed try to get above it failed so now dad is where your short entry happens that way your short entry happens okay cuz it now when it got below it can’t get back above it that is where the short entry happens and boom okay that’s it as simple as that all right so I’ll speak to you guys later on thanks everybody hopefully you enjoyed it