You’ll quickly see the difference between “random chart‑watching” and .
The most profitable phase characterized by higher highs and higher lows. This is where long positions are favored.
Shannon emphasizes using Moving Averages (specifically the 10-day and 50-day SMA or EMA) to define the trend. If any level contradicts the others,
: Shannon stresses that managing risk is "Job One," providing specific strategies for stop placement and identifying profit potential before entering a trade. Seeking Alpha Summary of Benefits Trend Confirmation
Identifies the overall trend (e.g., Weekly chart). For a sample of the methodology
If any level contradicts the others, . This “hierarchical confirmation” dramatically reduces false signals.
His work teaches that technical analysis is not about predicting the future; it is about flattening moving averages.
, be cautious of sites offering "free 14" PDF downloads, as these are often unreliable or unofficial sources. or see how to apply anchored VWAP in your current trading strategy?
Brian Shannon’s "Technical Analysis Using Multiple Timeframes" provides a framework for aligning trend analysis across various time scales, focusing on market structure, the Anchored VWAP, and price-volume relationships. The methodology emphasizes managing risk through four market cycles and specific rules, establishing a structured approach to trading. For a sample of the methodology, review the Alphatrends SFO-Book.pdf Amazon.com
High volume but little price progress, flattening moving averages.