Richard Moglen and Brian Shannon, the founder of Alphatrends.net and author of a new trading book on Anchored VWAP discuss short-term trading strategies, adapting to the market, volatility and turning points, pullbacks and buying opportunities and more. They talk about how to identify levels of interest on the upside and downside, using the anchor view up pinch to set stop losses, and how to use trend alignment to make low-risk purchases.
In 2008, Brian wrote an article for tradingmarkets.com called “Chase the Gap or Wait for V-WAP,” which is still a strategy he uses today. Brian discusses why he prefers to drill down to shorter-term time frames and look for evidence of emerging momentum before taking action.
Click on the video above to learn more!