Brian Shannon’s Technical Analysis Using Multiple Time Frames outlines a systematic approach to trading by aligning market trends across different time horizons, focusing on the four market stages (Accumulation, Markup, Distribution, Markdown). The methodology emphasizes using high-timeframe charts for trend direction and low-timeframe charts for precise, low-risk entries, incorporating anchored VWAP and moving averages for objective analysis. Share public link
You buy on the 5-min breakout, with a stop below the 60-min support. Your target is the recent 60-min highs.
| Edition | Details | | :--- | :--- | | | 2008, LifeVest Publishing, 184 pages | | 2023 Paperback | Publisher: Alphatrends, ISBN-13: 979-8986868059, 2023 | | PDF Version | Available through various online booksellers | Your target is the recent 60-min highs
"Reading Brian Shannon's Technical Analysis Using Multiple Timeframes will have a profound impact on your trading experience. He clearly explains the market structure so you can discern clarity from what otherwise might appear random." — John Ehlers, President of MESA Software
By doing this, you avoid getting "stopped out" by minor hourly noise while protecting your capital from a structural trend reversal. creator of Wallstrip
Technical Analysis Using Multiple Timeframes: Understand Market Structure and Profit from Trend Alignment is Brian Shannon's foundational work. It was originally published in 2008 by LifeVest Publishing, Inc. (ISBN 10: 1598795805, ISBN 13: 9781598795805) and has since been republished in newer editions.
, creator of Wallstrip, gave the book a place in his "top 10 trading books ever written" list. A reviewer on Seeking Alpha noted that "Brian Shannon brings to life a wonderful entry-level roadmap for a new or struggling trader," citing the large amount of focus on risk control and the "easy-to-read, 182-page trading plan". The book is also recognized by professionals as part of the evolution from Weinstein’s and O’Neil’s methods. Inc. (ISBN 10: 1598795805
Brian Shannon’s "Technical Analysis Using Multiple Timeframes" provides a framework for aligning market trends across different time intervals, focusing on price action and risk management. The book introduces key concepts including the four market stages—accumulation, markup, distribution, and decline—and the use of anchored VWAP to identify trading opportunities. Read a review of the book at Seeking Alpha . Brian Shannon | Technical Analysis and Chart Reviews