If you want to apply these concepts to your current trading, let me know:
| Feature | Description | | :--- | :--- | | | Trade in the direction of the primary trend using lower timeframes for entry, exit, and risk management. | | Target Audience | Beginner and intermediate traders; a foundational text for those looking to build a professional trading process. | | Key Tools | Price action, support/resistance, volume, moving averages, and VWAP (Volume-Weighted Average Price). | | Tone & Style | Direct, concise, and focused on practical tools rather than macro theory. |
Identify the long-term trend and major support or resistance levels.
Brian Shannon’s Technical Analysis Using Multiple Timeframes has become a cult classic among active traders, not because it invents new indicators, but because it teaches a disciplined way to align trends across short, intermediate, and long-term charts. If you want to apply these concepts to
Never trade against the primary trend established on the macro view. 2. The Intermediate View (The Setup) Timeframe: 1-Hour or 4-Hour charts.
While a free, legal PDF download is not available, there are excellent legitimate alternatives to access the knowledge in this book:
: Introduction to technical indicators and oscillators, such as moving averages, RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and how to apply them across multiple timeframes for more accurate analysis. | | Tone & Style | Direct, concise,
The chart forms a rounding top, head and shoulders, or double top. 4. Markdown (Stage 4) Price breaks below key support levels. The asset makes lower highs and lower lows.
Brian Shannon is a full-time trader with decades of experience in stocks, futures, and options. He is also the founder of AlphaTrends, a trading education platform. Unlike many “gurus,” Shannon focuses on . His book, originally published in 2008 (and updated in subsequent editions), bridges the gap between raw technical analysis and practical risk management.
However, I must start with an important clarification: Brian Shannon’s Technical Analysis Using Multiple Timeframes is a commercially published work, and distributing a free PDF without the author’s or publisher’s permission is illegal and unethical. Never trade against the primary trend established on
Here is how to apply these principles to a standard swing trade:
If you want to trade like Shannon, you need to understand his core indicators and market structure concepts: 1. The Anchored VWAP (Volume Weighted Average Price)
While expanded in his later works, the foundations of using the Volume Weighted Average Price (VWAP) to find "fair value" are rooted in this methodology [5, 7].
Divergence (price making a higher high but RSI or MACD making a lower high) is powerful — but only when confirmed across timeframes. Example:
The stock breaks out of its base and pushes higher, making higher highs and higher lows. This is where long traders make their money.
