: A free official PDF summary/excerpt titled "SFO-Book.pdf" is available on Alphatrends which outlines his volume and trend alignment theories. YouTube Channel Brian Shannon's YouTube
"Technical Analysis Using Multiple Timeframes" by Brian Shannon is more than just a book; it is a systematic approach to deconstructing the market. Whether you find the PDF through a simple internet search or decide to purchase a physical copy, the value of Shannon's teachings remains the same. : A free official PDF summary/excerpt titled "SFO-Book
Start with the daily chart to determine the stock's macro environment. If a stock is in a Stage 2 Markup phase and trading above its rising 20-day and 50-day moving averages, look only for long setups. If it is in a Stage 4 Markdown phase, look only for short setups or avoid it entirely. Step 2: Identify the Execution Setup Start with the daily chart to determine the
Phase 2: Markup (Uptrend) /\ /\ / \ / \ / \__/ \ Phase 3: Distribution ______/ \___ /\ /\ ( \/ \/ \ \_________________________________) Phase 4: Markdown (Downtrend) Phase 1: Accumulation \ /\ \ / \ \ / \ \/ \____ 1. Accumulation Price moves sideways after a prolonged downtrend. Institutional buyers quietly build positions. Step 2: Identify the Execution Setup Phase 2:
However, I can offer you a few legitimate alternatives:
If you want to stop reacting to price movement and start anticipating it, the strategies outlined in this text—specifically the use of weekly, daily, and hourly charts—will provide the framework you need to trade with confidence. Always remember Shannon's core message: defining the risk and reward of a trade before taking the position is the only path to long-term survival in the markets.
Define the current market phase and setup patterns.