TECHNICAL ANALYSIS

Using Manltiple Timeframes

Understand Market
Structure and Profit
from Trend Alignment

by Leon1 www.ewef.net
Scan

EY DRIAN SHANNON
 Not many traders, and fewer authors, truly understand the psychology behind charts, but Brian has a
special talent to explain that through his insights born not from theory, but battle-tested experience and
successful trading-this is rare. Most technical analysis books focus on patterm recognition,
but this book explains WHY markets move and HOW pattems form as a result, and without this
understanding it is impossible to see deeper into the charts where the real value exists-this
most excellent aggregation of insights takes you deep, real deep, into the heart of the matter
where profitability exists. Brian's book is an instant classic." David S. Nassar

Trader, and New York Times Best-Selling Author

"Over the years I have become more of an investor than trader, but that has not reduced the
importance of risk. psychology and money management, all of whichi get from Brian's book
and website as I peruse the charts and his technical analysis skills. The book is a great read and
combined with his daily website updates you have all the technical analysis ideas and coaching you
need to make money consistently."
Howard Lindzon,
Creator of www.wallstrip.com

Brian Shannon's new book, Technical Analysis Using Multiple Time Frames not only impresses
me, it earns a place in my "top 10 trading books ever written" list. A book from a "real trader" is
worth far more, in my estimation, than one that is written from the "safety of the sidelines". And
this is one of the best that I have seen.
Edward Dobson
President, Traders Press Inc.

"Brian stresses the two keys to successful trading-- discipline and finding a trading style that
suits your style and personality. Without those two concepts, most traders fail. With that in
mind, this book has several excellent technical analysis systems, but the chapter on Risk
Management is really the key. All traders should find this book to be useful and rewarding."
Lawrence G. McMillan, "The Option Strategist," www.optionstrategist.com
President, McMillan Analysis Corp.

Brian Shannon has the rare ability to take difficult concepts and make them understandable to
anyone. His lessons on technical analysis should part of the daily routine for any trader or
investor looking to become more profitable. With the release of Technical Analysis using
Multiple Time Frames, disciplined investors now have a new tool to help decipher the often
complex ar/science of charting the markets. The chery on top of this wonderful book is his use
of full color charting and tables. DO NOT invest one cent before you read this book." Andrew
Horowitz, money manager
Author of The Disciplined Investor - Essential Strategies for Success

ISEN 159879580-5

utevest PUBLISHING,INC.
H781598795806 90000 Centennial, Colorado
Printed in Canada
 Technical Analysis Using
Multiple Timeframes
**** *****
Understand Market Structure and Profit
from Trend Alignment

By Brian Shannon

PHATRENDShet
Objective & Unblased Technical Analysls

LifeVest Publishing, Inc.

Centennial, Colorado

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Copyright 2008 Alphatrends Publishing, LLC

ALL RIGHTS RESERVED. No part of this publication may be reproduced, in any form or by
any means, without permission in writing from the publisher.

DISCLAIMER
It should not be assumed that the methods, techniques or indicators presented in this book will
be profitable or that they will not result in losses. Past results are not indicative of future results.
Examples in this book are for edúcational purposes only. You alone are responsible for your
trading results; the publisher and author make no claims otherwise.

This publication is designed to provide accurate and authoritative information in regard to the
subject matter covered. It is sold with the understanding that the author and the publisher are not
engaged in rendering legal, accounting, or other professional servicc.

Printed in Canada.

Mandatory CFTC Statement on Hypothetical Trades: The following notice is required by the CFTC:
Hypothetical performance results have many inherent limitations, some of which are described below. No
representation is being made that any commodity trading account will or is likely to achieve profits or losses
similar to those shown, in fact, there are frequently sharp differences between hypothetical commodity
trading performance results and the actual results subsequently achieved by any particular commodity
trading program. One of the limitations of hypothetical commodity trading performance results is that they
are generally prepared the benefit of hindsight. In addition, hypothetical commodity trading does not involve
financial risk, and no hypothetical commodity trading record can completely account for the impact of
financial risk in actual commodity trading. For example, the ability to withstand losses or to adhere to a
particular commodity trading program in spite of trading losses are material points which can also adversely
affect actual commodity trading results. There are numerous other factors related to the commodity markets
in general or to the implementation of any specific commodity trading program which can not be fully
accounted for in the preparation of hypothetical commodity trading performance results, and all of which can
adversely affect actual commodity trading results.

RealTick® graphics used with permission of Townsend Analytics, Ltd. 1986-2008 Townsend
Analytics. Ltd. All rights reserved. RealTick is a registered trademark of Townsend
Analyties, Ltd. Any unauthorized reproduction, alteration or use of RealTick is strictly
prohibited. Authorized use of RealTick does not constitute an endorsement by Townsend
Analytics of this book. Townsend Analytics does not guarantee the accuracy of or warrant
any representations made in this book.

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Acknowledgements

A big thank you goes to my editor, Gail Osten. I never appreciated the hard work an editor does until
working with Gail. Thanks for all of your great insights, recommendations and making my words so
much more readable.

Thanks to those who inspired me to write this book. All the financial authors whose work I
have leamed from; Jeff Cooper, Stan Weinstein, David Nassar, Larry McMillan, Martin Pring,
John Murphy, Fari Hamzei, Michael Covel, Brett Steenbarger, William Jiler, Thomas
McCafferty, Mark Fischer, James Cramer, James Altucher, Richard Evans, Toni Turner,
Nicholas Darvas, Howard Lindzon, Justin Mamis, John Carter, Timothy Sykes, Martin
Schwartz, Andrew Horowitz, Barton Biggs, Roger Lowenstein, W.D.Gann, Gerald Appel, Kira
Brecht and many others whose work I have read and learned from over the years.

Thanks to all my fellow blog friends: howardlindzon.com. tradermike.net. thekirkreport.com

bespokeinvest.typepad.com, technologyinvestor.com, ibankcoin.com, bigpicture.typepad.com,
thedisciplinedinvestor.com, chrisperruna.com, wallstrip.com, traderfeed.blogspot.com,
adamsoptions.blogspot.com, traderjamie.blogspot.com, hamzeianalytics.net,
tradinggoddess.blogspot.com, tradingwithtk.com, loption.com, knighttrader.blogspot.com,
maoxian.com, trade-guild.net, timothysykes.com, instantbull.com, fallondpicks.com
uglychart.com, abnormalreturns.com, andyswan.com and many others who I have probably
forgotten. You all do great work.

Thanks to Mike Felix and Marco Hidalgo at RealTick.

For the cover art, thanks to Stan Yan of www.squidworks.com/Stan

To all of the viewers of my daily vidcos at www.alphatrends.net, thank you for all the questions
which I hope I have answered.

Thanks to my Mom for her encouragement.

Thanks to my Dad for piquing my interest in the stock market at a young age and for being a
great friend.

Thanks to Brenda, Matthew and Ryan for their confidence, encouragement and patience while I
sacrificed too many ski weekends and other quality family time to finish this book.

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