Using Multiple Link - By Brian Shannon Technical Analysis
Brian Shannon’s "Technical Analysis Using Multiple Timeframes" (2008) outlines strategies for aligning market trends across different periods to reduce risk. The methodology emphasizes identifying market cycles—accumulation, markup, distribution, and decline—using tools like Volume Weighted Average Price (VWAP) for precise entries. Access the SFO book excerpt at Alphatrends . Amazon.com: Technical Analysis Using Multiple Timeframes
: Buying slows down as early investors sell to latecomers, leading to a peak. by brian shannon technical analysis using multiple link
, provides a framework for understanding market structure and identifying low-risk, high-probability trades . His approach centers on the idea that "price is what pays" and focuses on aligning the trends across various time periods to confirm entry and exit points. Amazon
A cornerstone of Shannon's analysis is the recognition of the four distinct stages a stock moves through: A cornerstone of Shannon's analysis is the recognition
If you are trading a 5-minute chart, your "higher link" should be the 1-hour. Do not try to link a 5-minute entry to a Weekly stop loss. The distance is too great. Your risk will be astronomical.