Technical analysis serves as a window into the market's "truth," reflecting the collective psychology of participants through price and volume. , a renowned equity trader and founder of Alphatrends , established a definitive framework for this discipline in his acclaimed book, Technical Analysis Using Multiple Timeframes .
: Use lower timeframes (like 15-minute or 5-minute charts) to find precise entry points that offer the best risk-to-reward ratio. by brian shannon technical analysis using multiple link
If you are trading a 5-minute chart, your "higher link" should be the 1-hour. Do not try to link a 5-minute entry to a Weekly stop loss. The distance is too great. Your risk will be astronomical. Technical analysis serves as a window into the
Technical analysis serves as a window into the market's "truth," reflecting the collective psychology of participants through price and volume. , a renowned equity trader and founder of Alphatrends , established a definitive framework for this discipline in his acclaimed book, Technical Analysis Using Multiple Timeframes .
: Use lower timeframes (like 15-minute or 5-minute charts) to find precise entry points that offer the best risk-to-reward ratio.
If you are trading a 5-minute chart, your "higher link" should be the 1-hour. Do not try to link a 5-minute entry to a Weekly stop loss. The distance is too great. Your risk will be astronomical.