Month: November 2008
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.
The eBook is on Google Play in 70 countries.
The ebook is on Apple in 18 countries.
From The Vault
Here is a live recording of a trade from 2002. Marketwise no longer does any business and I stopped writing the referenced newsletter in 2005.
No Edge Here
Mixed signals make it tough to see which way the market will go short term. The Qs have traced out a H&S pattern which will be completed below 2750, but with the more important potential for support from 27-2730 make it low odds for a … Read More
When the mind is thinking it is talking to itself.~Plato