Heavy emphasis on the 10, 20, 50, and 200-day Simple Moving Averages (SMA) to define trends. Volume Weighted Average Price (VWAP):
Used to identify the major trend and significant historical support/resistance levels.
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Financial markets are fractal. This means that price action structures—such as trends, support, resistance, and chart patterns—repeat themselves at every level of time, from a 1-minute chart to a monthly chart. Heavy emphasis on the 10, 20, 50, and
Shannon’s primary thesis is that indicators are secondary to price. He emphasizes that while news and earnings matter, the only thing that moves your account balance is the change in price. 🕒 The Alpha Trends Framework
While a full free PDF of Brian Shannon’s " Technical Analysis Using Multiple Timeframes
Conversely, when timeframes are conflicting (e.g., daily bullish but 4H bearish), Shannon recommends waiting. Either the daily will pull the 4H back up, or the 4H will reverse the daily. Only trade when they confirm. Financial markets are fractal
Open your highest timeframe chart. Ensure the asset is currently in a Stage 2 Markup phase. Avoid buying assets trapped in a Stage 4 Markdown phase. Step 2: Locate Key Support zones
Ensure the asset is cleanly in a Stage 2 Markup phase. The 20-day and 50-day moving averages must be sloping upward, with the price trading safely above them.
Establishes the primary trend and major support or resistance levels. He emphasizes that while news and earnings matter,
If you're interested in learning more about technical analysis using multiple time frames, I can provide you with some general information and resources.
Typically 5, 15, or 30-minute charts used to fine-tune entries and exits for maximum risk-reward efficiency. Key Concepts in the Book Technical Analysis Using Multiple Timeframes - Amazon.sg
Your preferred (day trading, swing trading, or long-term investing).
