Technical Analysis Using Multiple Timeframes Brian Shannon (2008) is a copyrighted textbook, and there is no official free PDF
You cannot discuss Brian Shannon without mentioning his pioneering work with the . While standard VWAP resets every single day, the Anchored VWAP allows a trader to manually choose a significant emotional psychological event in the market and track the average price paid since that moment. Where to Anchor Your VWAP:
On the surface, "14L" typically refers to 14 liters, a measurement of volume for coolers or bags. However, in the context of a technical analysis book, this is likely a minor typo or a phonetic misinterpretation of a very common phrase in the digital trading world: However, in the context of a technical analysis
The weekly chart is in an uptrend, the daily chart shows an uptrend, and shorter-term moving averages are fanning out to the upside.
To successfully trade across timeframes, you must first identify what the stock is doing on a macro level. Shannon breaks price action into four distinct cyclical stages: Market Behavior Moving Average Action Trader Action Basing, sideways movement, smart money buying. Flat, intertwining with price. Avoid or trade the range. Phase 2: Mark-Up Clear uptrend, higher highs, and higher lows. Sloping upward, price above MA. Buy dips / Breakouts. Phase 3: Distribution Churning, profit-taking, top-heavy structures. Flattening out, high volatility. Protect capital / Short. Phase 4: Mark-Down Clear downtrend, lower highs, and lower lows. Sloping downward, price below MA. Sit in cash / Short. Flat, intertwining with price
Identifies the primary trend and major support or resistance levels.
His work has been featured in Technical Analysis of Stocks & Commodities , Barron's , Active Trader , Stock Futures and Options Magazine , and he has appeared on CNBC, Yahoo Finance, IBD, and Fox Business. the founder of Alphatrends
Brian Shannon’s trading philosophy hinges on a single truth: . A stock might look incredibly bearish on a 5-minute chart while resting on crucial support within a bullish daily chart.
Shannon, the founder of Alphatrends, focuses primarily on how a trader can safely trade the market by observing how short-term price action directly correlates with larger, long-term trends. The Multi-Timeframe Strategy