Month: October 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.
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
It “Seems Like” The S&P 500 Should Bounce
With the $QQQ and $IWM right near their 200 day moving averages for the first time since June, it “seems like” the market should bounce. “Seems like” is not an objective technical measure. we need to look at price action on the shorter term timeframes … Read More
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Webinar Registration & Trade Ideas for 10/29/12
{+++} Please REGISTER HERE for MONDAY’s (OCTOBER 29) live event from 7-8 PM Eastern. We will not discuss any bulletin board stocks or stocks which trade less than 500,000 shares per day. SUBSCRIBERS please place a “*” in front of your question so … Read More
Stock Market Analysis & Trade Ideas for 10/25/12
{+++} I will be out of the office Thursday afternoon and all day Friday and am unsure what my schedule will be like for getting new posts out. For now, expect that I will not be updating until the weekend but if I get the … Read More
Markets Ahead of Fed
Markets may be waiting on word from the Fed, but it is difficult to imagine strong enough words to turn the tide for equities. The charts below look at some of the key levels. $SPY broke important support and now we will have to see … Read More