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Technical Analysis Using Multiple Timeframes Brian Shannon

Imagine seeing the stock market as a giant, messy all-you-can-eat buffet. You wouldn’t just grab the first plate you see, right? Brian Shannon is the guy who hands you a map to the dessert table.

He’s the master of watching the market through multiple timeframes. Think of it as putting on a pair of magic glasses that see the past, present, and future all at once. It’s a superpower, but way more fun than wearing a cape.

Most people stare at just one chart. That’s like watching a movie through a keyhole. You get the drama, but you miss the explosions.

Why Zooming Out is Like Having a Crystal Ball

Shannon’s big idea is simple: never look at just one timeframe. Look at the daily, the weekly, and the 60-minute chart together. It’s like checking your GPS, the weather, and your gas gauge before a road trip.

The weekly chart is the big picture. It tells you if the stock is in a long-term party or a long-term hangover. It’s the vibe check for the next six months.

The daily chart is the action zone. It shows you the current mood—happy, grumpy, or just confused. This is where you spot the actual buying and selling frenzy.

The 60-minute chart is the spyglass. It shows you the tiny moves inside today. It’s where you catch the sneaky whales making their moves before anyone else.

Why does this matter? Because context is everything. A stock dropping on the daily chart might be a total disaster. But if the weekly chart is roaring upward, that drop is just a cheap sale. You get to buy the dip like a pro.

The Quirky Secret Sauce of “Alphatrends”

Shannon created a tool called Alphatrends. It’s a line on a chart that acts like a bouncer for a nightclub. If the price is above the line, the party is inside. Below it? You’re waiting in the rain.

The funny thing? This line adjusts automatically based on volatility. When the market gets wild, the line gets wider. When it’s sleepy, the line shrinks. It’s like a living, breathing rubber band.

Using just one timeframe with Alphatrends is like using a smartphone that only texts. You have all these features—camera, maps, memes—and you’re just typing “k.” Don’t be that person.

Technical Analysis Using Multiple Timeframes by Brian ShannonTechnical Analysis Using Multiple Timeframes by Brian Shannon

How to Actually Think in Layers

Start with the weekly. Ask: “Is this stock trending up, down, or just loitering?” If it’s trending up, the weekly gives you the green light.

Then, zoom into the daily. Look for a pullback. The stock takes a little nap. That’s your setup. Shannon calls this “going with the flow.”

Finally, pop into the 60-minute. Wait for a tiny, tiny breakout. A little pop above a moving average. It’s the whisper that says, “The nap is over. Time to run.”

This layered approach stops you from panic-selling. You see a 2% drop on the 60-minute? Yawn. The daily and weekly still look gorgeous. So you hold.

The Funniest Mistake You’ll Make

Newbies look at the 1-minute chart. They see a huge spike and think, “I’m a genius!” Then the stock dumps five seconds later. They bought the top of a sneeze.

Shannon would laugh. He’d say, “Look at the weekly. That ‘huge spike’ is just a pimple on a bull’s butt.” Use the higher timeframe to avoid buying pimples.

Another classic blunder: fighting the trend. The daily chart is screaming “sell,” but you buy because it’s cheap. That’s like trying to stop a waterfall with a paper umbrella. Good luck.

Multiple timeframes make you humble. They show you that you’re just a tiny creature on a giant graph. It’s oddly comforting.

13 Best Technical Analysis Books for Learning Technical Trading13 Best Technical Analysis Books for Learning Technical Trading

Why This is Just Fun

Trading with one timeframe is like playing checkers. Using multiple timeframes is like playing 3D chess while juggling flaming torches. It’s harder, but everyone watches.

Shannon’s method turns the stock market into a puzzle. You’re a detective. You’re matching clues from the weekly, daily, and hourly. When they align, it’s a eureka moment.

You’ll start seeing patterns everywhere. At a traffic light? That’s a tight consolidation. The green light? That’s a breakout. You’ll annoy your friends by calling the stock market a giant dance floor.

The best part? You don’t need a finance degree. You just need a charting platform and a willingness to look like a weirdo who stares at lines all day. Welcome to the club.

A Final, Weirdly Specific Tip

Shannon loves the concept of value areas from Market Profile. It’s a fancy term for “where most of the trading happened.” Use it. It’s like knowing where everyone left their beach towels.

If the price is below the value area, it’s cheap. Above it? Expensive. But only if the weekly trend agrees. It’s like checking the menu before ordering the lobster. No surprises.

And remember: patience. You’re waiting for all three timeframes to sing the same song. If the weekly is humming and the daily is silent, don’t jump. Let them harmonize.

So go ahead. Open a chart. Zoom out. Then zoom in again. You’ll feel like a time traveler. Brian Shannon would be proud. And you’ll never look at a stock the same way again. Promise.