By Brian Shannon Technical Analysis Using Multiple Link -

Buy as the price moves up, with a stop-loss just below the support level defined in step 2. Conclusion: The "Footnotes" of Trading

is a cornerstone textbook in modern trading that bridges the gap between raw market geometry and actionable trading strategy. Published in 2008, Shannon's masterwork instructs traders on how to interpret market structure, align fractional trends, and utilize tools like the Volume Weighted Average Price (VWAP) to execute low-risk, high-reward entries. Instead of relying on lagging lagging indicators, Shannon advocates for a pure price-and-volume framework that respects the cyclical nature of human psychology across different market horizons. The Core Paradigm: Multi-Timeframe Framework

You enter the trade on the 5-minute breakout. Your stop-loss is placed just below the recent swing low on the 5-minute or 65-minute chart. Because you drilled down to a shorter timeframe to enter, your risk distance is small, allowing for a much larger position size while keeping your total portfolio risk constant. Summary: The Path to Market Consistency

This is typically the or Hourly chart. Shannon famously popularized the 65-minute chart because exactly six 65-minute candles perfectly fit into a standard 390-minute Wall Street trading session, eliminating the awkward, uneven partial candles left by traditional 60-minute charts. Here, you look for chart patterns, pullbacks to key moving averages, and defined horizontal support or resistance lines. The Execution Trigger (Short-Term) by brian shannon technical analysis using multiple link

Shannon integrates several tools to validate these cycles and trends:

Look at the daily chart to confirm the stock is making higher highs and higher lows. The 50-day moving average should be sloping upward.

The primary tool for swing traders to identify the current market stage. Buy as the price moves up, with a

Brian Shannon's 'Technical Analysis Using Multiple Timeframes'

: This serves as the primary scanning ground to locate the setup. The daily chart filters out intraday noise and exposes major support and resistance zones.

: A clear uptrend characterized by higher highs and higher lows.

After a long decline, the stock stops falling and begins moving sideways. Volume dries up as sellers lose interest, and smart money begins quietly building positions. The price moves back and forth across a flattening 30-week (or 150-day) moving average. Stage 2: The Markup Phase

Determining the path of least resistance using longer-term charts (e.g., Daily or Weekly).

Technical Analysis Using Multiple Timeframes by Brian Shannon