If you’re new to the VWAP Wave Systemâ„¢, this is the order I’d do things in. Every step links to the source. I earn a commission on some of them, which is explained on the disclosure page.
Everything below is online and in English, wherever you are. If that’s outside the US, read this first.
Want to see it in practice first? How I Trade walks through my day: the screens, the rules, and how I journal every trade.
Trading prop firms? Watch my interview with Chris Drysdale on how I run up to 20 funded accounts as a wheel.
1. Take the free five-lesson course (here)
Five short lessons that explain the whole shape of the system without giving away Chris’s material: what VWAP is, how the deviation bands turn one line into a map, the four core setups, how context decides which setup is live, and how grading and risk hold it together.
- Lesson 1: What VWAP actually is
- Lesson 2: The Wave, how deviation bands turn one line into a map
- Lesson 3: The four core setups
- Lesson 4: Context decides the setup
- Lesson 5: Grading, risk, and the process
2. Get Chris’s free Core Setup Guide
The free guide covers the same four setups in Chris’s own words, with his charts. It’s the fastest way to see whether his way of thinking fits yours. It costs an email address.
3. Read the book
VWAP Wave System: Day Trade the Futures Market with Structure, Context, and a Discretionary Edge is the full written framework: value, extension, balance versus imbalance, acceptance versus rejection, the setups, and risk. If you only spend money on one thing, spend it here. I re-read the chapters on context every few months. That’s the US Amazon link; the book is on most local Amazon stores too.
4. Watch it traded live for seven days
Drysdale Trading Groupâ„¢ runs live sessions through the New York open (9:30 ET; what that is where you live), group coaching most days, and a recording library. The trial is seven days of full access. My advice: don’t trade during the trial. Sit in the live room, watch how Chris classifies the day before he names a setup, and compare it with the course.
5. Put the toolkit on your chart
The VWAP Wave System Toolkit for TradingView draws the VWAP bands, Initial Balance, session and composite volume profile, and a dashboard that flags which of the four conditions the market is in. I built my own Pine versions before this existed, and I still keep my scripts, but the toolkit is the fastest way to see the system the way Chris sees it.
6. When you’re serious: the Inner Circle
Application only, and rightly so. It’s a three-month guided development program with live classes, trade review, homework, and accountability. I describe what it’s actually like in The Inner Circle Experience. Read those pages first, then join the waitlist if it sounds like you.
Disclosure. VWAP.biz is an independent site written by Scott West, a paying member of Drysdale Trading Groupâ„¢. The VWAP Wave System™ is Chris Drysdale’s work. He doesn’t own or run this site, but he has reviewed and endorsed it. Links to his book, toolkit, and community are affiliate links: if you buy through them I may earn a commission at no extra cost to you. As an Amazon Associate I earn from qualifying purchases. Nothing here is financial advice, and trading futures carries a risk of loss. Full disclosure · Risk disclaimer