+---------------------------------------------------------+ | MULTIPLE TIMEFRAME TRIAD | +---------------------------------------------------------+ | 1. LONG-TERM (The Trend) --> Identifies Market Phase | | 2. INTERMEDIATE (The Setup) --> Spots Patterns/Support | | 3. SHORT-TERM (The Trigger) --> Pinpoints Precise Entry | +---------------------------------------------------------+ 1. The Anchor Timeframe (The Trend)
: Use weekly and daily charts to identify the "dominant trend" and primary support/resistance levels, then move to lower timeframes (5-minute or 15-minute) for precise entry points. SHORT-TERM (The Trigger) --> Pinpoints Precise Entry |
Brian Shannon has not released a revised or "updated" edition of this book since 2008. While he remains active through his Alphatrends subscription service and YouTube channel, the core text of the book remains static. Any file labeled "updated" online is likely: While he remains active through his Alphatrends subscription
A cornerstone concept in the book is understanding where a stock sits within its lifecycle. Shannon breaks market structure down into four distinct phases: With practice and patience
If you're interested in learning more about this approach, I recommend checking out Brian Shannon's book or online resources. With practice and patience, you can master the art of multiple timeframe analysis and take your trading to the next level.