Price Action perspective using VWAP+SD and TF AMAs

one of the trade pratap sir took. red circle z failure of +1sd


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what if it bounce from vwap black line? vwap is very near and shorting there is very risky naa though we call it +1sd failure?

Pls answer this.I am slow in understanding all this new words.I understand through images only

pic and text from old lost thread.



Re: Combining trend and VWAP ranges
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Trades

1. Main Trade is 3min in the direction of 15min
2. in sideways - in yday range (yellow), in 15-13 band for some time, in 60-13 band for some time is switch to sell resistance and buy support
3. +1SD failure can be taken for scalp trade to next supp. At support if support comes in we get back into the main trend
4. -1SD failure can be taken for scalp trades to next resistance. At resistance if resistance comes in we get back into the main trend. e.g. 12pm longs of Sep 20th.

Personally I use all of the above on 1min chart and use 1min pvt beyond the bands to take trades, but all may not be comfortable with 1min. Note: I am not trading 1min. I am just using 1min chart to use a 1min pvt that is beyond the bands to confirm that the band is genuinely broken.

I think that is all to say for now. Hope we can all collective have an interaction on this as you try it out.

Regards,
Pratap


another post


explanation
Re: Combining trend and VWAP ranges
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25th Sep BNF

intial sideways...then BD and trend holding between -1SD and -2SD ...and then later a -1SD failure

It is worth shorting the 1st pb to 15-13 high...but after that if 15-13 low gives support like it did today, then the it could becomes sideways in 15-13 or reverse the trend*

P.S. I use the 1min chart only to get 1min band which I use in sideways and to get 1min pvts which I use beyond the band to get confirmed BO/BD of the bands. As you will notice I held through the trend using -1SD and 3min bands

Regards,
Pratap

I m also new to AMA. somewhere sir told that narrow band means stronger trend. Very wide and candles in it means it is in range.

just observe slope of bands.


in sideways, bands are flat, thus failure of +-1sd can be taken.

Then these today trade of +2SD failure and VAL price retrace could be taken

in realtime I would have entered @ break of low of the candle marked by arrow. reason= ltp went below val.
so what basic I m missing? wat are the signs and symptoms of failure , shown by candles?


anybody pls answer this :

above ama long trades only, if that is my rule, then should I look for failures or not?

+2SD failures ideally should not be traded as +1SD to +2SD is uptrend channel

+1SD failure is traded to short if it is below VAL

-1SD failure is traded to long if it is above VAH

-1sd failure means.....?
Price approaching from above and failed to breach -1sd down then go for long if VAH is below.

If price approaching from bottom of
-1sd and failed to cross it when VAH is below how it should be taken?.

There will be 16 scenarios and if we add +3sd there will be 32 scenarios could be possible......isn't

And if we add 5 ama and 15 ama more total will be not less than 64 scenarios

I will soon make a table ..

basically if above VAH -1SD can act as a support. if support is confirmed then we take long. We can do this by saying that 2ama is crossed back to the up or a 2 min pvt is formed or 2 5min bar is holding there or some such that you are comfortable with

similarly if below VAL then +1SD can act as resistance