Brian Shannon is a major proponent of the and simple moving averages (specifically the 10, 20, 50, and 200-day).
Note: For the most accurate, up-to-date, and full version of the methodologies described, investing in a licensed copy of "Technical Analysis Using Multiple Timeframes" is recommended.
Shannon teaches that the highest probability trades occur when multiple timeframes align. For example, buying a 10-minute breakout in a stock that is already in a Daily Stage 2 markup. 3. The Role of Moving Averages Brian Shannon is a major proponent of the
Brian Shannon is a well-known expert in technical analysis and has written several books on the subject. He is a frequent contributor to financial publications and has spoken at conferences and seminars on technical analysis.
Used to determine market structure and overall direction. If the weekly or daily chart is in a downtrend, you should generally avoid buying, no matter how good a short-term chart looks. For example, buying a 10-minute breakout in a
The foundational premise of Brian Shannon's approach is that no single timeframe tells the whole story of a financial asset. A stock might look incredibly bearish on a 5-minute chart while simultaneously resting on a major support level on a weekly chart.
: Move to an intermediate chart (like the 65-minute chart). Wait for a low-risk setup, such as a pullback to a rising 20-period moving average or a test of prior resistance turned support. He is a frequent contributor to financial publications
"Technical Analysis Using Multiple Timeframes" by Brian Shannon, often sought through unofficial sources, is a 2008 text focusing on a top-down, multi-timeframe approach to identifying market trends, primarily through weekly, daily, and intraday chart alignment. Key methodologies include the Four Stages of market cycles, volume analysis, and the use of Anchored VWAP to determine support and resistance. For an official overview, visit Alphatrends Amazon.com