Having a lot of clear watery discharge with no odor but itching in vaginal area...what could this be?

Discharge: If there is any possibility of a sexually transmitted disease it is important to rule those out. Bacterial vaginosis can cause a watery discharge, it usually has an odor but not always. Any abnormal discharge should be evaluated by your doctor. Here is some more info on bacterial vaginosis; http://www.womenshealth.gov/publications/our-publications/fact-sheet/bacterial-vaginosis.html

Vaginal discharge: needs evaluation by a health care provider: compete history and physical examination including gynecological examination to evaluate for any infection.