We tested this VWAP day trading strategy for accuracy (the results we found were shocking!)
Test Conditions:
– Success Level = Previous High of Day
– Fail Level = Support Under VWAP
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00:00 Backtesting Late-Day VWAP Breaks
00:25 Strategy & Testing Data
02:06 Backtesting Overview
02:58 Penny Stock Test Results
04:45 Large Cap Test Results
06:12 ETF Test Results
07:26 Outro