Technical Analysis Using Multiple Time Frame By Brian Shannon [LEGIT]

If all three align, you take the trade. If they are in conflict (e.g., Daily is up, but 60-min is breaking support),

By anchoring VWAP to a significant point (e.g., a major low, an earnings gap, or a Fed announcement), Shannon identifies where "real money" is trading. Large institutions move volume. Therefore, price trading above an anchored VWAP suggests institutional accumulation; trading below suggests distribution. If all three align, you take the trade

One of the best warnings Shannon gives is about Therefore, price trading above an anchored VWAP suggests

Place your stop on the Lower time frame (just below the 15-min reversal low). The Target: Take profits on the Higher time frame (the next resistance level on the Daily chart). Shannon’s genius is understanding that price is a

Shannon’s genius is understanding that price is a psychological phenomenon. On a 5-minute chart, retail traders are dominated by fear and greed, leading to erratic moves. On a weekly chart, institutional investors (pension funds, endowments) make calculated decisions based on valuation and macro trends.