Technical Analysis: Using Multiple Time Frame By Brian Shannonpdf Top |top|
Brian Shannon's "Technical Analysis Using Multiple Timeframes" (2008) provides a foundational framework for traders to align weekly, daily, and intraday charts to identify high-probability setups and minimize risk. The approach emphasizes identifying market stages—accumulation, markup, distribution, and decline—combined with the use of Anchored VWAP and strict, structure-based stop-losses. A summary of the book is available at Alphatrends .
Stage 1: Accumulation
: A period of basing where the stock moves sideways. Long-term (Weekly): Defines the primary tide (Bull/Bear)
- Long-term (Weekly): Defines the primary tide (Bull/Bear).
- Intermediate (Daily): Defines the swing (Waves within the tide).
- Short-term (60-min / 15-min): Defines the entry (Ripples).