Shannon posits that every market moves through a cyclical flow of capital, and identifying the current stage is critical for risk management.
In his acclaimed book, , Brian Shannon , CMT, provides a comprehensive framework for understanding market structure and profiting from trend alignment. Shannon, a veteran trader and founder of Alphatrends , emphasizes that "only price action pays," teaching traders how to filter market noise and identify high-probability setups. Core Philosophy: The Power of Multiple Timeframes Shannon posits that every market moves through a
: Used to identify the primary trend and major support or resistance levels. Core Philosophy: The Power of Multiple Timeframes :
Placing stops based on price structure rather than arbitrary percentages. Position Sizing: Scaling into winners and cutting losers quickly. The "Breadth" of the Market: Using indexes (SPY, QQQ) to confirm individual stock moves. ⚠️ A Note on Access The "Breadth" of the Market: Using indexes (SPY,
His main educational hub for daily market analysis.
Shannon defines a strict hierarchy. Never analyze a lower timeframe without first understanding the higher one.