029: Brian Shannon – The Science of Technical Analysis, Versus the Art of Trading
Chat With Traders
The Volume Weight at Average Price
The volume wight at average price. What it does is it takes so where a regular y simple price based moving age is based on apif the average price for whatever period of time you are looking at, it doesn't consider the volume that traded there. So we're looking at it from the supply and demand in terms of the actual dollar amount assigned to a certain price level. We can start to delve into the psychology of the buyers and sellers and see how much they have at stake.
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