Episode Info
The Anchored VWAP levels were like magic because there was no information about them, making them a unique and powerful analysis tool.- Brian Shannon accidentally discovered support and resistance while researching the anchored VWAP, leading to new insights.
- Anchored VWAP offers cleaner entries and better trade opportunities, especially for short sellers, due to its different average price calculation.
- The use of anchored VWAP can help identify potential sell programs defending certain levels, providing confidence for short positions.
- Looking at the VWAP from the beginning of a move, such as a rally into a significant anchor point, can provide confidence in making trading decisions.
- Volume push is the most important thing in trading, and anchoring the price to the volume can help identify low-risk areas to get involved and frame a trading plan.
- The regular VWAP can be distorted due to the whole day’s volume, while the anchored VWAP gives a more immediate and accurate representation of the current market dynamics.
- The break below the VWAP from the low tells us that the average long participant is now losing money, giving confidence to the sellers.
The Anchored VWAP levels were like magic because there was no information about them, making them a unique and powerful analysis tool.
Brian Shannon accidentally discovered support and resistance while researching the anchored VWAP, leading to new insights.
Anchored VWAP offers cleaner entries and better trade opportunities, especially for short sellers, due to its different average price calculation.
The use of anchored VWAP can help identify potential sell programs defending certain levels, providing confidence for short positions.
The regular VWAP can be distorted due to the whole day’s volume, while the anchored VWAP gives a more immediate and accurate representation of the current market dynamics.Recent Podcast
