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| Bev Wigney | profile | all galleries >> Galleries >> Wasp, Hornets & Sawflies | tree view | thumbnails | slideshow |
Brian Shannon’s work is built on the premise that The Philosophy of Alignment The central pillar of Shannon’s Technical Analysis Using Multiple Time Frames is alignment . In his view, a trend is not merely a series of higher highs and lower lows; it is a fractal phenomenon.
To Shannon, price action is like a Russian nesting doll. The smallest doll (the short-term time frame) sits inside a medium doll (the intermediate time frame), which sits inside the largest doll (the long-term time frame). The higher time frame (e.g., the Weekly or Daily chart) determines the "weather." Shannon describes this using the analogy of the tide. If the tide is coming in, the waves (short-term price movements) will push further up the beach. If the tide is going out, the waves may crash, but they will retreat further each time. Brian Shannon’s work is built on the premise
Shannon argues that trading a single time frame is akin to driving a car with mud on the windshield. You might see the road immediately in front of you, but you have no idea if you are heading toward a cliff or a traffic jam. The smallest doll (the short-term time frame) sits
Few educators have articulated the importance of context as effectively as Brian Shannon. A veteran trader, founder of AlphaTrends, and author of the highly regarded book Technical Analysis Using Multiple Time Frames , Shannon revolutionized how retail traders view price charts. His philosophy is deceptively simple yet profoundly effective: to understand where the market is going, you must first understand where it has been and how the broader landscape influences the immediate terrain. If the tide is going out, the waves
In the chaotic world of financial markets, where millions of participants vie for dominance and price action can often seem random, the quest for an edge is eternal. Traders are constantly searching for the "Holy Grail" indicator—the one tool that will predict the future with certainty. However, seasoned professionals know that the true edge lies not in a complicated mathematical formula, but in context.