VWAP calculates the average price an asset traded at throughout the day, based on both volume and price. It acts as the ultimate benchmark for intra-day trend direction. Anchored VWAP (AVWAP)
Confirms the validity of breakouts. True structural breakouts require above-average volume. Step-by-Step Swing Trading Blueprint
2-Minute or 1-Minute Chart. Used strictly to time the entry precisely as momentum shifts in your favor. 4. Step-by-Step MTFA Trading Strategy VWAP calculates the average price an asset traded
Trading in alignment with the higher timeframe trend prevents you from accidentally shorting a strong bull market or buying into a macro death spiral. The Four Market Stages: The Core of Shannon's Philosophy
If you want to dive deeper into building your personalized trading system, let me know: True structural breakouts require above-average volume
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At its heart, Shannon also emphasizes the paramount importance of risk management. He provides detailed frameworks for determining correct stop placement to preserve capital, as well as accurate methods for estimating a trade's realistic profit potential. This focus helps traders objectively weigh the risk against the potential reward before committing any capital. copyrighted commercial publication.
After a prolonged decline, an asset stops making lower lows and begins moving sideways. Volume typically dries up as sellers lose momentum and smart money begins quietly buying shares. The price oscillates around a flat moving average. Stage 2: Markup