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It's Tom Diesel here at MyInvestingClub. Today I'm going to do a quick video for you guys. So I just want to keep it really short and sweet. So today's topic is going to be ViewApp, a volume weighted average price. I think ViewApp is one of the most important indicators for the retail traders or for us as the traders because it's not about on the technical side, but it's so important because everyone is watching it daily or like in trading. So I think that's pretty kind of crucial for us to identify the ViewApp. It's basically telling you what the trend is, if you are short or long by a trader doesn't matter, it's like everyone is watching ViewApp or like have a ViewApp on their chart. And so what is really ViewApp? ViewApp is volume weighted average price and it's a trading benchmark used by traders used by us that gives an average price of security that has traded throughout the day based on the volume and price and it is important because it provides traders with insight into both trend and value of security. So I'm just going to quickly go over on a few examples on how I use ViewApp as a guide to trade. Okay, so as you can see what I have in my chart, I only have like a ViewApp and you can see the pivots line here as well. And so that's usually those are the two main indicators that I use. And I'm just trying to not complicate things. I just want to keep it simple. And I'm using a ViewApp as my guide, like a trend. If it's under short in control, over longs are in control. So you have to kind of decide where you want to be. I mean, if you're a long buyer and the stock is really under ViewApp, you shouldn't be long in the stock. I mean, it's pretty clear. I mean, if you want a long stock, you have to be just careful because the trend is your friend. You have to follow a trend. And most of us, most of retail traders that trading intraday, they really pay really close attention to ViewApp every day. And as you can see, a lot of movement when stocks like, you know, try to reclaim ViewApp or like, you know, rejects. And, you know, that's those are all the signs that you can take advantage as well in and apply it to your trading setup or strategy. So what I like to see here every morning is that I want to see if the stock is holding ViewApp well in the morning. As you can see here, THMO, yeah, let's see at this point. Yeah, as you can see in the pre-market, right? So Iran, you know, and it's like it's based off ViewApp. It's a is trending, you know, above ViewApp. And every time it dips to ViewApp and got bought, you know, dip and got bought to dip, you know, they save it here as well. So as you can see here, the major point that people are really, you know, buying here is they wanted, you know, to save it at ViewApp. Because most of them think that, you know, every stock is under probably, you know, long as it's going to probably have to exit, right, the trade. And so as you can see, as the stock really trend nicely, you know, above ViewApp. And that's what's telling you that the stock is really intact. The trend is long. This is the trend line, right? Stock is keep getting to ViewApp and got bought here as well, but. And so, you know, when you see something like that, it should really tell you the clear picture here that longs are in control. If you want to short the stock, you just have to be careful because, you know, the momentum is really strong. See right at the open, you know, huge volume as well. And it's still over ViewApp. So if you want to, to anticipate, you know, shorting, and I think you probably would have, you know, a lot of paper cuts along the way. So it's really up to you. But, you know, whenever I see this, I just don't like, you know, to touch it on the short side because trend is your friend. You have to follow that, right? And based on a ViewApp, it's clear sign. It's clear telling you that stock is really strong right now. And you shouldn't be, you should not be able, you know, you should not short it, especially, you know, if you're chasing is even worse. If you really wanted to, you know, take a grab of it at maybe like, you know, resistance, you know, but I rather short somewhere out of lines, you know, and stop just above that instead of, you know, chasing down here. And then, you know, it breaks through and you've got stuff out here as well. Here, you think the stock is going down, you know, and clearly not because, you know, it's still over ViewApp and you got stuff out here as well. So, so that's one of the way how I look at things based on the ViewApp. And I mean, ViewApp is a lot of new traders, like a lot of retail traders, they are really looking into the ViewApp thing. And, and it's, it's, it's kind of, you know, stupid sometimes, since, you know, a lot of us think that, all right, so stock is over ViewApp. No, that's definitely a long, all right, let me long some. But, you know, ViewApp is really important indicator. Yes, but you have to kind of combine it with your strategy and set up to, to kind of apply it and achieve, you know, the highest level of, you know, consistency. Or, or so that you can get the best result out of that is a nice guy for you to follow. But if you use it, you know, correctly, it could really, you know, boost your trading, you know, results, you know, really good. So what, what I would like to see in the morning is that I want to see the trend first, how it reacts to the trend. At this one in here is clearly, you know, the trend is still intact, it's your old ViewApp. And when it fails through here, I want to see if it bounce back to that or not. And as you can see here, rejects, you know, like reject the, I think the higher day or like on the daily level was like nine or something. So it hits up there, rejects, slam through ViewApp, bounce back. And as you can see here, a lot of people fighting it, you know, short and long are fighting here to save ViewApp, right? I mean, you know, because they think over the long still in control, right? When stock hits over ViewApp, all right, longs, all right, let me change some here, yeah, stock is going up. And then when it's like hits under, all right, short, short right here because it's, it's, you know, over ViewApp as well. So there's a lot of way how, how to can, how you can identify which one is, you know, is a good, you know, trade based off that ViewApp. So what I like to do, you know, in the morning is that I trade a lot of, you know, there's based on off the ViewApp as well. Because most of the time I short some here resistance, right? And when the stock confirms for me, like it's really under ViewApp, and I tend to add, you know, a little bit more on that because, you know, trend is, is, is valid at this point for me. Like if I short some, I think I traded this one as well, THMO and I think I shorted somewhere like around eight. And yeah, so let's say if, if I shorted some at, you know, at this line, eight point two, right? And the stock hits my level. And once it, you know, cracked through ViewApp, I usually like to wait for a little bit for it to confirm, like slam through ViewApp, try to bounce, couldn't get, you know, you know, bounce back. And usually when it broke this support, I like to, you know, add some, some a little bit more size on that expecting, you know, a quick wash. And that's one of the way how I use ViewApp in the morning to trade because I'm, I'm a short side, you know, bias trader. Yeah, so guys, that's it for today. And, you know, I hope this video is helpful. And I'll see you on the next one. Take care. Thank you so much for watching our video. If you want to see more of our videos, please subscribe to our YouTube channel by clicking the button here. We do our best to post a new video every single day. If you have any questions about MIC or any general trading questions, please text Tosh using the number here. Also, stay up to date by watching some of our most recent videos right over here.