Access the presentations of all 24 experts from the 2023 TraderLion Conference. Learn from top traders, hedge fund managers, trading psychologists, and more - traderlion.com/YT_TLC23
@blendedplanet11 ай бұрын
4:09 you buy dips with confidence by scaling into a position gradually, always making sure you have enough cash in reserve to drive down your average price such that when it turns you are profitable quickly. That is what the smart money does - accumulate as price falls. If I have done my job, ONE candle of opposite color puts me in the money so I am selling when price rises.
@learn-2-earnn8 ай бұрын
the time value lost by this wait and accumulate approach is immense as there are winners elsewhere running like crazy while we wait for our stocks turn to rise ,which frankly ,may or may not happen...can be an approach for multi month/year investors but time value is worth its weight in gold for short swing traders..
@blendedplanet8 ай бұрын
Not so sure since I do this on quite short time frames and find all price action to be about the same, and it also suggests that an optimized buy/sell approach is inferior to the time cost of searching for a better opportunity. In every other area of life I find the opposite to be true - it's better to Do What Works than wasting energy trying to glom onto What Looks Easy - not saying you are suggesting that, but frankly a trader doing nothing but massaging holdings of, say SPXL and SPXL can build a whole career on just that one thing. And if that is true, what do you gain by wasting energy trying to find a better way? Answer : Sometimes you DO find a better way, so it IS worth exploring, which of course is why I watched this video in the first place. What I would assert from your argument is that waiting for the rise which might not happen is nonsense. Price ALWAYS eventually retraces to > 50% of the previous run, so it's a question of whether you can afford to wait. With volatile ETFs like the ones I mentioned (or, say, LABU/LABD) you see opportunities for 3-6% moves literally every single day on a 5m time frame, so, I mean, how much more do you want? The flaw in my approach is Martingale hell, the odd case where a single impulse is so tenacious that you run out of $ or are compelled to chicken out before the retracement finally commences. @@learn-2-earnn
@TraderLion11 ай бұрын
Get Brian's Book on Anchored VWAPs: amzn.to/43ycuUx Follow Brian on Twitter/X: twitter.com/alphatrends Timestamps: 00:00 - Introducing Brian Shannon 03:40 - When to Buy 09:04 - Don't Buy Dips or Breakouts 12:40 - Don't Short Rips or Breakdown 21:17 - ARRY & PGNY Example 29:08 - LW & MSTR Examples 35:36 - Anchored VWAP to Gaps (ONON) 38:42 - Identifying Weakness (BROS) 40:40 - Don't Chase Gaps, Wait for VWAP 44:35 - Aligning Technical Patterns 48:25 - Adjusting Style to Market Environment 53:30 - Anchored VWAP Pinch 56:50 - Using the 5SMA 1:00:06 - Multiple Timeframe Analysis 1:02:40 - Selling into Strength
@dr.rameshgohil2 ай бұрын
In tradi view there so many Avwap So which Avwap indicatore prefer to apply?
@Ramesh15118 күн бұрын
LOOK on leftside icons in tradingview search in 5 th you find under volume based anchored vwap select it and link it to recent high or low of price on daily chart
@SiddharthaRay0073 күн бұрын
There's only one AVWAP in the drawing tools section.
@figgy16311 ай бұрын
Just another superb presentation from Brian on the AVWAP, as usual and mentioned by Brian, Richard’s questions are superb. Thanks to you both. 👊👍
@TraderLion11 ай бұрын
Our pleasure! Thanks Tony as always for the kind words
@AmyB3695 ай бұрын
I have learned so much from Brian!! Thank you both 😊
@TraderLion5 ай бұрын
Of course! Happy to have Brian on anytime he can. Always take away a few tips when he presents!
@petergriffin1546Ай бұрын
Great presentation. 2024 was the year of the dip buyers. Curious to see how many buy signals your plan triggered in 2024 and compare (EOY) to dip buyers that hold long term on SPY.
@maryyu40109 ай бұрын
Great talk - very timely as I've had this on my mind - how to separate / manage my long positions vs short-term trading for income. Thanks!
@TraderLion8 ай бұрын
Glad it was helpful!
@suneetsalvi12006 ай бұрын
Thank you for sharing your Knowledge.
@TraderLion6 ай бұрын
You're welcome! Glad you liked it!
@konstantinostzaferis53185 ай бұрын
This man is just on another level! Just a joy to watch. Keep the vodeos coming guys!
@TraderLion5 ай бұрын
Can't stop, won't stop 😤
@digiblak99711 ай бұрын
There are many examples of this setup this past week. Nvda, anet, ddog,four,elf, and many more
@khafreahmose876811 ай бұрын
3 of those names are on my list. Already own NVDA and looking to add.
@digiblak99711 ай бұрын
@@khafreahmose8768 i dont own four anymore. need more nvda and anet
@thomasthetankengin772211 ай бұрын
Richard, with the start of a NY and Brian being just brilliant, how about getting him on again soon to get his updated thoughts? His book is fantastic too.
@learndaytradingguy11 ай бұрын
I agree, I have been trading for a long time and I avoid indicators, only focus on price action
@GrowwithAniket11 ай бұрын
I use avwal alot. After listening Brain. I m feeling like someone putting out my thoughts on avwap. Great 👏
@TraderLion11 ай бұрын
We're glad you enjoy it! Brian's a great teacher of the concept.
@learn-2-earnn8 ай бұрын
Its a difficult skill to learn awap dynamics but if u work hard and get a hold over it, its a magic tool for short term swing traders ...
@TraderLion4 ай бұрын
Careful calling anything "magic" in the markets. VWAP is a tool to define risk and build an edge in the markets, but nothing is guaranteed.
@learn-2-earnn4 ай бұрын
@@TraderLion yeah I agree ...
@dainius778011 ай бұрын
thank you guys!!!
@TraderLion11 ай бұрын
Thanks for watching!
@FiveBetFold11 ай бұрын
I don’t get it that traders don’t look deep enough into PA/candle sticks. I mean really look for pattern recognition over multiple candles sometimes. It will tell you what price wants to do. You should read the whole book to understand a story not just skim through it. The trend is your friend if these patterns happen in areas of interest and maybe rsi is below/above 25/75 as confluence on a smaller time frame for example that’s going to work.
@Red_Dead_Entertainment11 ай бұрын
Yes … when im ready on daily/weekly to look to enter …. I go to 1h and wait for continuation flag or box pattern… Majority of time if daily want to do breakout ,1h hour will form additional continuation pattern to confirm it… So you will get doubble time frame breakouts which natural has increase trade probability so much… Similar to contraction volatility pattern from Mark Minevini that he looks on daily
@patslack783711 ай бұрын
Awesome guys. Brian's books have been a huge positive influence on my trading. I recommend them for everyone.
@TraderLion11 ай бұрын
Thanks! We're happy Brian was able to present during last years conference!
@jpvanessche318511 ай бұрын
Use buy stop limits
@rprpatel11 ай бұрын
One of the best presentations I have seen. Thank you very much for putting this together
@TraderLion11 ай бұрын
Glad you enjoyed it!
@yinshah330311 ай бұрын
It’s hard to believe a vwap breakout is less than 5% away from the nearest low. Especially on a weekly chart pattern…more likely 10-15%.
@Solairethedarksoul11 ай бұрын
I struggle placing a stop loss. And often breaks above the vwap is a fake out(resistance). How much more likely is the trade likely to succeed if it coincides with a 20 or 50 day moving average? I have your book, I’m addicted to my phone and haven’t made it through yet 😂
@StoicTrader-11 ай бұрын
Then you don't want it bad enough. Being addicted to your phone rather then perfecting a money making skill is utterly pathetic. Listen to the chat with traders interview with Dan Shapiro, he's my mentor, and who I trade alongside every single day. Our strategy is moving averages, so if that peaks your interest, listen to his interview, and check out his KZbin channel Access a trader.
@sdcaeastcountyfamily10 ай бұрын
So good. Amazing stuff thank you!
@TraderLion10 ай бұрын
Glad you enjoyed it!
@HeuristicalWorker11 ай бұрын
Treasure. Thirty three years trading experience, herre, says this is pure gold. David Korn Lake Stevens WA
@eljuanramon11 ай бұрын
Amazing episode ❤❤❤❤ thank you guys!! I'm Going to re-watch it a few times!!😂😂😂✌✌
@ramtalkit703211 ай бұрын
Great work Brian and Richard ! That may just be the missing link for many technical analysts to improve their game 👍
@jaiminmarfatia11 ай бұрын
Really insightful talk packed with learning. Thanks Richard for bringing Brian.. 😊
@TraderLion11 ай бұрын
Glad you enjoyed it!
@willi139711 ай бұрын
Love the simplicity of this VWAP strategy. I’d never considered this indicator but it looks like it’s lining up nicely with the ‘cheat’ style breakouts I often punt on, just with added supply / demand logic. I’m going to try it out. Thanks for sharing your knowledge Brian. Thanks again Richard. GLTA in 2024.
@TraderLion11 ай бұрын
Thanks Will
@chewie135510 ай бұрын
11:02 very nice
@gaberoyalll11 ай бұрын
"Great video! I'm thinking, what if we could find a way to correlate this information with news or earnings announcements? It could help us pinpoint the timing more effectively. Or perhaps set up some kind of alert system. After all, we all got into trading to save time and not stare at charts or have anxiety about when the move will be. Surely, the Wall Street guys are doing something like this, but I don't know. What are your guys thoughts on this idea?"