Episode Info

  • 🧙‍♂️ The Anchored VWAP levels were like magic because there was no information about them, making them a unique and powerful analysis tool.
  • 🧠 Brian Shannon accidentally discovered support and resistance while researching the anchored VWAP, leading to new insights.
  • đź“Š Anchored VWAP offers cleaner entries and better trade opportunities, especially for short sellers, due to its different average price calculation.
  • 📉 The use of anchored VWAP can help identify potential sell programs defending certain levels, providing confidence for short positions.
  • 📉 Looking at the VWAP from the beginning of a move, such as a rally into a significant anchor point, can provide confidence in making trading decisions.
  • đź“Š Volume push is the most important thing in trading, and anchoring the price to the volume can help identify low-risk areas to get involved and frame a trading plan.
  • đź•’ The regular VWAP can be distorted due to the whole day’s volume, while the anchored VWAP gives a more immediate and accurate representation of the current market dynamics.
  • 📉 The break below the VWAP from the low tells us that the average long participant is now losing money, giving confidence to the sellers.