This is the free course: Chris Drysdale’s VWAP Wave System explained the way I’d explain it to a friend who trades. What VWAP is, why the deviation bands turn one line into a map, the four setups, the condition that decides which setup is live, and the grading and risk that turn a method into a process.
Lesson 1 of 5 · Start here
What VWAP Actually Is
One line, rebuilt every session: what VWAP is, why I threw away a cockpit of indicators for it, and the mistake of trading just the line.
The course, then the supplementary lessons
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The Wave — How Deviation Bands Turn One Line Into a Map
Deviation bands turn VWAP into a map. A balanced day and a trend day side by side, and why beyond…
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The 4 Core Setups of the VWAP Wave System
Price Discovery Continuation, Fade Value Area Extremes, Return to Value, and the VWAP Bounce, each on a real ES session…
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Context Is King: Balance, Discovery, and the Clock
Knowing the four setups is worth almost nothing until you can name the condition. The Initial Balance, acceptance versus rejection,…
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Grading, Risk, and the Process
A setup is not a trade. An A beside a C on real sessions, structural stops, the daily limit that…
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Mastering the Intersection of Price and Volume: The Synergistic Power of VWAP and Volume Profile
Supplementary reading. VWAP tells you the average price; Volume Profile tells you where the business was done. How the two…
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The VWAP Band Trap: Why Statistical Boundaries Are Not Support and Resistance
Supplementary reading. Why a deviation band is a statistical description, not a wall, and what actually has to be true…
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How I Read a Candle: The Wick Is the Argument, the Close Is the Vote
Forget the pattern names. Every candle is a vote: the body is what the market agreed on, the wick is…
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Sniper Tactics: Resting Orders, Wicks, and the Madonna
A buy or sell limit resting at a predefined level, well away from price. Most days it never fills. Then…
Two ground rules. Everything here is my explanation, not Chris’s material: I don’t reproduce his charts, checklists, or course content, and when you want the source, I link you to it. And I trade this every session and I’m still a student. The Inner Circle pages are where you’ll see me get it wrong.
Go deeper with Chris
The course gives you the shape of the system. The free Core Setup Guide gives you Chris’s version of the four setups, the book gives you the full framework, and the seven-day trial lets you watch it traded live.
Ready for the system itself, not just my lessons on it?
I explain the VWAP Wave System from a student’s chair. Chris Drysdale teaches it. Start with his free Core Setup Guide, read the book, or take seven days inside Drysdale Trading Group and watch it traded live.
Disclosure. VWAP.biz is an independent site written by Scott West, a paying member of Drysdale Trading Group. The VWAP Wave System™ is Chris Drysdale’s work, and this site is not affiliated with or endorsed by him. 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. Nothing here is financial advice, and trading futures carries a risk of loss. Full disclosure · Risk disclaimer