Think of it like a store. The "macro" environment (the economy, the sector) determines how many customers are walking into the mall. The "micro" environment (the specific store setup) determines if those customers actually buy anything. As Shannon puts it:
Shannon's methodology involves analyzing at least three timeframes: technical analysis using multiple timeframes brian shannon
Shannon’s methodology isn’t about complex indicators or crystal balls. It is about . Here is a breakdown of how to apply his specific approach to Multiple Timeframe Analysis (MTFA) to find high-probability trades. As Shannon puts it: Shannon's methodology involves analyzing
Central to Shannon’s methodology is the idea that every asset moves through four distinct stages. Recognizing these stages helps a trader decide whether to be aggressive, defensive, or sidelined. The price moves sideways following a long downtrend. Stage 1: Accumulation Central to Shannon’s methodology is