Technical Analysis Using Multiple Timeframes | Interview with Brian Shannon CMT

Video Description

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 multi-timeframe 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/ https://www.youtube.com/c/alphatrends https://twitter.com/alphatrends -------------------------------------------------------------------------------------------------------------------------- Stay in touch ► https://twitter.com/RichardMoglen ► [email protected] -------------------------------------------------------------------------------------------------------------------------- If you would like to support my channel ► https://www.buymeacoffee.com/RichardMoglen -------------------------------------------------------------------------------------------------------------------------- 7Investing Discount Link https://7investing.com/subscribe/aff/2/ TC2000 Discount Link: https://www.tc2000.com/pricing/richardmoglen Marketsmith: https://marketsmith.investors.com/ms-platform/?src=A00587A&refcode=RM_Links 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 Day-Trading 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: https://soundcloud.com/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