VWAP: anyone trading it in forex?

Volume-weighted average price is an institution's anchor — reversion to VWAP is a classic equities strategy. In forex, the lack of true volume makes VWAP approximations, and the results are mixed.

VWAP: anyone trading it in forex? — moving average crossover diagram
A fast moving average crossing a slower one

What's your experience?

  • how you calculate or source VWAP in fx
  • the setups you trade around it
  • why it works or doesn't for you
VWAP: anyone trading it in forex? — risk-reward diagram
A risk-reward ratio of 1 to 2

The moving averages guide contrasts with VWAP's volume weighting.

Background: Moving averages explained: SMA and EMA

Moving averages smooth out price noise to show the trend. How simple and exponential averages are calculated, which periods traders use and where they fail.

What is the difference between SMA and EMA?

An SMA weights every period equally. An EMA gives more weight to recent prices, so it responds faster to new moves but can give more false signals.

What is a golden cross?

When a shorter moving average, typically the 50-period, crosses above a longer one, typically the 200-period. Many traders read it as a sign of a strengthening uptrend.

Read the full guide

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