Month: January 2012
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.
Options Trading for Income?
Brian Shannon; I buy and sell mainly mutual funds and a small portion of my portfolio in stocks. I want to start trading options to increase my income due to the fact my job is ending in March of 2012. My account has about $100,000 … Read More
Alphatrends Video Market Analysis 1/30/12
The intermediate term trends have turned neutral to slightly lower which gives us reason to be more cautious initiating new longs, but with longer term trends still higher it does not seem like a good idea to get aggressively short. The next few days will … Read More
The intermediate term uptrend in the $SPY $XLF and $SMH has been broken and now we need to be more cautious until the markets are able to get back and hold above those levels. The $QQQ is still above its key intermediate term level, but … Read More
Key Levels of Support Continue to Hold in Markets
Elusive Resistance Found With Gap Fill?
On August 5, Standard and Poor’s made this announcement United States of America Long-Term Rating Lowered To ‘AA+’ Due To Political Risks, Rising Debt Burden; Outlook Negative The market wasn’t surprised by the announcement, it was rumored for at least a week before the actual … Read More