Technical Analysis Using Multiple Timeframes is a must-read for aspiring swing traders and those looking to transition from random gambling to a structured trading business.
Shannon is a pioneer of the Volume Weighted Average Price (VWAP) anchored to specific events like earnings or recent highs/lows to find "the absolute truth" of supply and demand. Technical Analysis Using Multiple Timeframes is a must-read
– The support floors of Stage 3 are breached, and the stock cascades lower. Short-sellers find their edge here, and long traders should aggressively stay on the sidelines. Short-sellers find their edge here, and long traders
Brian Shannon’s Technical Analysis Using Multiple Timeframes is widely considered the bible of contextual trading. If you have ever entered a stock based on a 5-minute chart spike only to watch it reverse against a daily chart resistance level, you understand the problem Shannon solves. A sustained downtrend where selling pressure dominates
A sustained downtrend where selling pressure dominates.
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