Technical Analysis Using Multiple Time Frame By Brian Shannonpdf Top !!top!! -

Instead of starting VWAP at the beginning of the day, Shannon encourages "Anchoring" it to a significant event, such as: Major earnings reports. Significant market highs/lows.

Crucial structural support for intermediate trends.

The most common trap traders fall into is . If you monitor too many time frames (e.g., the 1-minute, 3-minute, 5-minute, 15-minute, hourly, 4-hour, daily, and weekly charts), you will always find conflicting indicators. Instead of starting VWAP at the beginning of

Most amateur traders make the mistake of looking at a single chart. An intraday trader might look exclusively at a 5-minute chart, while a swing trader might look only at a daily chart. Shannon argues that this creates a dangerous blind spot.

Price action turns volatile and flat. Higher highs stop forming as institutional selling meets retail buying. Market Sentiment: Euphoria transitioning into confusion. The most common trap traders fall into is

💡 : If you realise you entered for the wrong reason, exit immediately. Don’t “give it a chance.” That one decision separates consistent traders from gamblers.

– The trend is clearly up; this is where the highest probability long trades occur. Stage 3: Distribution An intraday trader might look exclusively at a

To help apply these concepts to your current trading routine, let me know:

Higher highs and higher lows. The stock is safely above rising moving averages.

– The asset moves sideways as smart money builds positions.