Brian Shannon sat down with his friend Louis Llanes and discussed his trading background, how he got interested in technical analysis and why the Anchored VWAP is his favorite analysis tool.
In this video, Louis praises Brian’s trading skills and background in investment, inviting him to share his insights on trading. He shares his memory of when he bought a technical analysis book by Stan Weinstein called, Secret for Profiting Bull and Bear Markets, which hooked him onto technical analysis.
Brian explains what Anchored VWAP is and how it can be used by traders. He demonstrates how Anchored VWAP can be used to identify key levels of support and resistance. He also emphasizes the need for traders to have a plan and stick to it, rather than making impulsive decisions based on emotions. Watch the video to learn more!