Time Frame By Brian Shannon: Technical Analysis Using Multiple
If you have ever bought a stock because it was "exploding" on the 5-minute chart, only to watch it reverse and trap you at the high, you understand the pain of tunnel vision .
Most traders lose money not because they are bad at reading charts, but because they are looking at the wrong chart. If you have ever bought a stock because
Enter . In his landmark book, Technical Analysis Using Multiple Time Frames , Shannon doesn't just teach you indicators; he teaches you how to align the "wind" of the higher time frames with the "rudder" of the lower time frames. In his landmark book, Technical Analysis Using Multiple
Once the Daily is bullish and the 60-minute is at support, you drop to the 15-minute chart to look for . You are looking for a "reversal of the pullback"—specifically, a higher low or a bullish moving average crossover. In his landmark book