In this presentation with AmiBroker, Brian Shannon teaches about the Anchored Volume Weighted Average Price (VWAP) and how it can be used as an ultimate sentiment indicator to determine who has control in the market.
Using AVWAP to “Chase Gaps or Wait”, Brian advises against buying a stock on a gap up because it may drop in the first few minutes of trading. He also discusses how to use AVWAP as a trading strategy. Lastly, Brian explains that dark pool trades have to be reported within the consolidated tape within 15 or 30 minutes, so it doesn’t really matter if they’re included or not. Click the video to learn more,
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