Maximum Trading Gains With Anchored VWAP - The Perfect Combination of Price, Time & Volume

by Brian Shannon, Josh Brown (Foreword)

*THERE IS NO KINDLE VERSION, IF YOU SEE ONE IT IS UNAUTHORIZED AND A FRAUD DO NOT PURCHASE* Maximum Trading Gains with the Anchored VWAP results from decades of research and application by the author. It builds on Shannon's foundational book, Technical Analysis Using Multiple Timeframes.

Author Brian Shannon, CMT, explains how to use the Anchored VWAP (AVWAP) to make better entries and exits, to time breakouts and breakdowns, and to set stop losses. Both new and experienced traders and investors will appreciate the book's insights and systematic approach to using AVWAP in a variety of situations including IPOs, support and resistance, market direction, short sales and squeezes, and financial news.

Every chapter includes solid advice on managing risk, which Shannon emphasizes throughout the book, "is Job One." Shannon is a trader's trader who avoids jargon. The book offers over 145 color charts, tables and case studies to set out a definitive framework for understanding the three most important components in the price, time, and volume. Readers will learn to work with the market's psychology and their own.

Maximum Trading Gains With Anchored VWAP teaches

* Detailed explanations of AVWAP techniques for day traders, swing traders and investors.
* Strategies to identify trade ideas, how to enter the trade just as momentum begins, AVWAP support and resistance levels, how to manage risk, and take profits.
* The psychology of your trade setup and risk management. (Includes examples of failed trade setups and how to handle them).
* Specific strategies for long and short entry and exit of IPOs, short squeeze candidates, breakouts, pullbacks, 4 different types of gaps and more.
* Packed with 140+ full color technical analysis Anchored VWAP charts.
* Gain a better understanding of the cyclical flow of money through assets.

Genres: Finance, Business

264 pages, Hardcover

Published January 1, 2023

Reviews

[Samy · Rating 5 out of 5]

All traders on every level should read this book

[Tony · Rating 5 out of 5]

One of the most critical aspects of trading is finding the right entry point. While many advocate for capturing the 'meat' of the trend rather than perfect timing at the beginning, experience shows that entering mid-trend or when the trend is already well underway can significantly increase the risk. The challenge lies in identifying the middle of the trend, which could easily turn out to be the peak just before a reversal.

When the trend is over-extended, buying into it transforms the risk from a manageable 50% to a daunting 90%. This becomes evident when using a 10-day Exponential Moving Average (EMA), which often acts as the trend's support during consolidations before a bounce. The risk amplifies when the price is significantly above these 'resting areas' of stock support, such as the 21-day and 10-day moving averages. For a speculator, the smarter strategy is to anticipate market resets and wait for confirmations of new entries rather than chasing an over-extended trend.

Is there an efficient way to pinpoint the perfect entry before it becomes over-extended? I believe the Volume Weighted Average Price (VWAP) offers a solution. When used alongside moving averages like the 21D and 10D, VWAP can vastly improve the accuracy of entry timing. Unlike moving averages, VWAP incorporates the stock's volume in its calculation, providing a more comprehensive analysis of price action. This volume analysis is crucial for identifying breakouts with the potential for sustained movement, essential for successful swing trading.

[Elavarasan · Rating 1 out of 5]

Even I didn't like and rated his old book "technical using multiple timeframe" one ⭐, I started to read his latest book since it's a popular book about vwap.

I read upto 60+ pages with more patience than I read his 1st book. Still I couldn't tolerate author's way of writing and explaining or idk what to call this 😤.

He said "VWAP is simple. It can be over-complicated by people who try to be “smarter” ... I wrote this book as an easy-to-understand manual on how to use this...."

But he is the one making it complex 😒.

Yes he might be explaining in depth about vwap and all including psychology behind it or whatever.

But to me, his both books are tedious to read that I don't even want to skim through this 😩. (I read around 10 books about stock market including very small to medium books, but none of them made me feel this way. Idk what's the reason 😮‍💨)

[Chittiappa C.u · Rating 5 out of 5]

one of the best trading tool which is powerful , works on all assests and all time frame and one can rely on this tool 60 to 65 % of success rate . vwap special anchored vwap one has to practice on chart with different time frames and one should train his eyes and practice matters a lot to acquire skill and one can trade with fconfidence . I am using TV and majority of the times i have traded with minimal losses and profit taking is good as per my risk reward .

[Reza Gonabadi · Rating 5 out of 5]

Since I have read some technical analysis books before, this one didn't have much to teach me. Besides that, however, the mindset and step-by-step analysis that the author, Brian Shannon, illustrates in the book are highly insightful and could improve your vision about trading, as well as how to be disciplined and respect your strategy.

I fully recommend it to all of you.

[Daymian Mejia · Rating 5 out of 5]

very good book just brushed over it again and can say it just has a lot of good data about AVWAP, and when used in conjunction when certain concepts, it can serve as a great technique for scaling in / out of a position while also managing a stop loss / take profit in more of a dynamic way.

[Jacob Shannon · Rating 4 out of 5]

4.5

[Wout Van Gelder · Rating 3 out of 5]

Maak nog notities

[Himanshu Joshi]

Good book for your research it can save your time .

[Serhii Kushchenko · Rating 5 out of 5]

It is a life-changing book and a must-read for every financial market participant.

I have published free Python code - https://github.com/s-kust/anchored_vwaps

This repository provides Python code for adding anchored VWAPs to OHLC data, generating charts, and saving them as .png files. It can help you apply the trading strategies described in Brian Shannon's book, Maximum Trading Gains with Anchored VWAP. The precondition is that you're familiar with running Python scripts and have some knowledge of Pandas.