The “anchoring bias” has gained widespread acceptance as a motivator of price action in the financial markets but it is seldom explained how to use this bias for greater profitability and risk management. Price, volume, and time form what is the best true representation of who controls the market trends. The anchored volume-weighted average price … Read More
Brian Shannon: Do you VWAP? – Trade Ideas Summit 2018 from Trade Ideas, LLC. on Vimeo.
By Brian Shannon, CMT Price has memory. That is a key concept in technical analysis. One of the basic tenets of the study of price history is “support broken, tends to act as resistance” the opposite is also a technical analysis maxim, “resistance broken, tends to act as support.” Have you ever considered why you … Read More
Like many stocks I trade, I have no idea (or interest) in what $BGC does to justify themselves as a company. I am a trader of stocks and this stock looks interesting as a swing trade candidate. If I was an investor, I would look at that 2 year inverted head and shoulders pattern and … Read More
Here is the recording from today’s webinar with the CMT Association. This recording will only be up for ONE WEEK. On Wednesday October 3, this post will be deleted and the recording will be deleted as well. Be sure to view it in that time. The password is “anchored” VWAP for CMT 9/27/17 from Brian … Read More
When people see my videos, one of the most common questions I receive is “how do I get the VWAP to show like that?” The video below shows how to use the “Anchored VWAP by Alphatrends.” To me, it is the perfect combination of Price, Volume and Time. I will host VWAP webinar in August, … Read More
On Monday Morning I was asked about PBYI as a purchase candidate at (point A) on the chart. The questioner mentioned that the stock had traded as high as $100 pre-market. My response was, the stock is below declining vwap and do not want to purchase at that time. About 30 min later the questioner … Read More
The password to this video is “vwapmagic” VWAP Overview for Alphatrends Subscribers from Brian Shannon – Alphatrends on Vimeo.
The chart below shows the trading in the S&P 500 ($SPY) So far this year, the market is up 3.13 pts (not adjusted for dividends) or 1.52%, pretty unimpressive for being into the 8th month of the year. More unimpressive than the actual change, is the range for the market, it has never been up … Read More
Volume Weighted Average Price (VWAP) “from an event” often gives us valuable insight into the psychology of the market. For recent IPO’s, I find the VWAP from issue date is often a key level to be aware of as potential support or resistance. Last week I pointed out the potential for resistance in $BABA near … Read More