Technical Analysis Using Multiple Timeframes Brian Shannon ★ Editor's Choice

Shannon’s golden rule is: Indicators are secondary; price action is primary.

Suggested readings and resources (primary) technical analysis using multiple timeframes brian shannon

Entry, stop, and target rules (practical guidance) Shannon’s golden rule is: Indicators are secondary; price

Analyzing a using the four-stage model.

If you want to predict where a stock is going tomorrow, you must understand where it has been on the daily, weekly, and even hourly charts. This article explores the deep mechanics of Shannon’s multi-timeframe methodology and how you can apply it to drastically improve your win rate. This article explores the deep mechanics of Shannon’s

Sideways movement after a downtrend; price is often below key moving averages.

When the bad news hits, because you bought with the weekly trend and waited for the hourly trigger, your stop is tight. You lose $2.50 if you are wrong. But because the weekly trend is up, the news is usually a "shakeout." The stock bounces to $140. The novice lost money; you made money.