Technical Analysis Using Multiple Timeframes

Although I have been involved in the stock market for many years it has always been in a more passive investing capacity. I am beginning to embrace technical analysis as a means to take a more proactive part in my wealth management. This book did a fantastic job of illustrating the value that technical analysis can bring. I especially appreciated the ability to relate it to longer and shorter timeframes, and to use timeframes that are both longer and shorter than your expected holding period to assist with entries and risk management after the trade. I liked the books format and writing style and I appreciated the colour charts which made it easy to pick up on what was being shown in a relatable way to the trading screen. Definitely recommend this book especially for anyone new to technical analysis.

Super Buch, sehr lehrreich und tiefgründig

This book is a must read for the beginner. Saying that I wouldn't recommend it as a first read because you will most likely misinterpret many things and won't prioritise relevant information. You need to have some basic understanding of markets and a bit of trading experience to appreciate it. Mature traders may find this book too basic for its cost. Content includes information about stages of market and how to see them on different timeframes, entry - exit principles and risk management. This book does not have a trading system set up as such but instead outlines some major points which can help you to develop one. Risk management chapter is fairly basic in my opinion and there isn't much about position sizing, which cannot be underestimated. Overall, I would recommend this book for a beginner to intermediate level. It is expensive but worth the money.

Brian Shannon's "Technical Analysis Using Multiple Timeframes" is a must read for anyone serious about improving their trading skills. As a long-time trader, I've read countless books on technical analysis, but this one stands out for its practical, no- nonsense approach. Shannon's expertise shines through as he breaks down complex concepts into easily digestible information. The book's focus on multiple timeframe analysis provides a comprehensive framework for understanding market dynamics and identifying high- probability trade setups. Key strengths of this book include: 1. Clear explanations of how to use price action and multiple timeframes to confirm trends 2. In depth and easy to understand description of the psychology of how price is represented on a chart. 3. Insightful discussion on short selling and short squeezes. 4. Constant reminders of risk management and strategies for doing so What sets this book apart is Shannon's ability to tie everything together into a cohesive trading approach. He doesn't just explain individual concepts but shows how they work together in real market conditions. The numerous chart examples and case studies bring the concepts to life, making it easy to apply the strategies to your trading. Shannon's writing style is engaging and accessible, making even complex topics easy to grasp. Whether you're a novice trader or a seasoned professional, this book offers insights that can elevate your trading game. It's become an indispensable reference in my trading library, and I find myself returning to it regularly to refine my strategies. If you're serious about mastering technical analysis and improving your trading results, this book is an absolute must-read.

This book is a master's classic and belongs in all serious traders top list book collection. It is relavent to he past present and future this giving it a timeless and serious position for training. All successful traders operate to this books well explained mentoring examples and principles. Do not let the negative reviews influence you purchase, those people have yet to adopt and complete the long process of a skilled traders mindset. Study this book well as it also brings applied advice in this area as well. To the writer I say great stuff from down under.