Welcome back to the Market Chat Podcast. Today as our guest we have Brian Shannon, CMT of Alphatrends.net. He is the author of Technical Analysis using Multiple Timeframes and one of my favorite follows on twitter.

In this interview we dive deep into his swing trading method and discuss multitimeframe analysis, trend alignment, risk management, trading indicators such as the AVWAP, and much more!

Have a good one!

Richard

Brian's Book: https://amzn.to/3GLLxk5

Connect with Brian:
https://alphatrends.net/
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  / alphatrends  


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Timestamps
0:00 Introductions
1:11 First getting interested in the Markets
1:40 Making 5000 Dollars on his First Trade
2:45 Working as a Broker
4:35 Trading at a Prop Firm
5:15 Starting a DayTrading Company
6:35 Swing Trade Timeframe
7:42 Early Mistakes Brian Made
8:20 Don't argue with the Market
10:00 Only Price Pays
12:20 Books and Resources
15:35 Mental Side of Trading
16:15 When you commit your money you commit your emotions
16:45 Tools and Resources
20:11 Trading Statistics
23:15 Selling into strength
24:30 Weekend Routine
26:29 Noticing themes in the charts
30:00 Building a weekly Universe List
31:00 Daily Routine
34:20 How many trades during the day does Brian make?
36:40 Preparing for the next day
37:50 Hobbies outside of Trading
38:29 VWAP Volume Weighted Average Price
41:40 How Institutions use the VWAP
44:20 Using the VWAP to judge supply and demand. Who is in control?
47:00 Don't buy the dip when the sellers are in control
49:50 Where to anchor the VWAP
51:40 The VWAP as a benchmark
54:30 Character Change Points
55:25 Moving Averages
58:20 the 5 Day moving average
1:01:30 Trading using Multiple Timeframes, Trend Alignment
1:06:50 Always ask where has it come from?
1:08:00 VWAP Handoffs
1:11:40 LCID Trade
1:13:15 Chase the Gap or wait for VWAP
1:17:25 Daily R2
1:19:25 Position Sizing
1:26:30 BROS Analysis
1:30:30 VWAP Pinch
1:33:00 Don't Buy the dip blindly
1:35:10 Advice for new traders


Music from Absent Mind:   / absentinlife  

Disclaimer
The content of this video is for educational purposes only and should not be taken as a suggestion to buy or sell anything