Inside Our Live Trading Room: VWAP Reclaim + Delta Flip Trades

We pushed into some new all-time highs, with price pulling back near the close. We did take out those all-time highs. This was a bullish expansion day following yesterday’s near doji day, holding above that POC. We did get a pullback very close to that POC today, where price came all the way back down to it, took out the London low, and then rallied from there.

Right at that POC low this morning, from the morning session, you can see price came all the way down here, and now we have some institutional orders stacking up. We have a 500-block here and a 1,474-block sitting right at the lows. Price was rewarded for that effort. That delta shift finished at 285 after starting off at negative 961, and then it just rocketed back to the upside, reclaiming the failed VWAP breakdown and the failed 6,977 overnight high, or prior day high.

We then had a nice bull flag breakout to the upside as price expanded. This was the trade we took during the morning session, and it ended up pushing all the way up to 7,000, where it failed. The secondary trade came right here. As price moved up and stalled at 7,000, we had another delta flip. Price came back down through an inside bearish candle, and sellers started to accumulate in this area.

We then saw a flush break of this low with accelerated sellers to the downside. We market-ordered in for a 10-point move back down to the mean reversion, right back to VWAP, for another 10 points. So it was eight points up and 10 points back to the downside. I did not take another trade throughout the rest of the day. It looks like price is just chopping its way back up to close out the session.

So, hey everyone, it’s Dale here. I hope you enjoyed the video. If you’d like to trade alongside me and our team of prop firm funded traders every day, click the link below the video and hop aboard. We look forward to trading with you.