Month: April 2006

Maximum Trading Gains with the Anchored VWAP results from decades of research and application by the author. It builds on Shannon’s foundational book, Technical Analysis Using Multiple Timeframes.
Author Brian Shannon, CMT, explains how to use the Anchored VWAP (AVWAP) to make better entries and exits, to time breakouts and breakdowns, and to set stop losses. Both new and experienced traders and investors will appreciate the book’s insights and systematic approach to using AVWAP in a variety of situations including IPOs, support and resistance, market direction, short sales and squeezes, and financial news.
In the author’s words, “The AVWAP represents the absolute truth of the relationship between a stock’s supply and demand, and is 100% objective.” Every chapter includes solid advice on managing risk, which Shannon emphasizes throughout the book, “is Job One.” Shannon is a trader’s trader who avoids jargon. The book offers over 145 color charts, tables and case studies to set out a definitive framework for understanding the three most important components in the market: price, time, and volume. Readers will learn to work with the market’s psychology and their own.
Amazon Book:
https://www.amazon.com/Maximum-Trading-Gains-Anchored-VWAP/dp/B0BLZMMLLJ
Google eBook:
The eBook is on Google Play in 70 countries.
bit.ly/3JHjWoY
Apple eBook:
The ebook is on Apple in 18 countries.
apple.co/3IvkNrX
OIL, 10 Year Yield and QQQQ
OIL (click on charts for better view) The continued climb in oil screams at me to be careful in this environment, but at the same time there are many opportunites to get long stocks which benefit from higher prices. 10 Year Yield … Read More
Focus on the stocks (CCMP & MGAM)
The market continues to act well despite the runup in oil and interest rates. It is easy to get distraced by thinking about what the market “should be doing” in this environment, but don’t become paralyzed and let opportunities in individual stocks pass. “Trade what … Read More
Focus on the stocks (CCMP & MGAM)
The market continues to act well despite the runup in oil and interest rates. It is easy to get distraced by thinking about what the market “should be doing” in this environment, but don’t become paralyzed and let opportunities in individual stocks pass. “Trade what … Read More
Perception
Yesterday’s impressive rally is finding some follow through action this morning as the perception of Fed policy has changed. The market now strongly believes that the next Fed meeting will mark the last time that interest rates will be raised in this cycle. As a … Read More
OIL, BDCO, ABLE, HEC, TGC
I first showed this oil chart one week ago today before it broke out. Now that the oil market has broken past resistance I wanted to make it more clear where the upward price target near 83 comes from. Coming up with targets … Read More