If you would like to explore this strategy further, please let me know. I can outline , break down the Anchored VWAP extension of this strategy, or detail how to adapt this approach for cryptocurrency and options trading . Which direction should we take next? Share public link
The book's structure is logically organized, guiding you through essential topics with clear, actionable advice.
Tighten stop-losses on existing long positions and avoid entering new ones. Look for signs of institutional distribution. Stage 4: The Markdown Phase If you would like to explore this strategy
Here is a breakdown of the key concepts and tools Shannon explores:
The core philosophy rests on a simple but powerful premise: . You would not expect Van Gogh to paint a masterpiece using only one color, so why limit yourself to a single timeframe when analyzing the market? Shannon teaches you to use various "magnification levels" on the same stock, just as a GPS allows you to zoom in and out to see both the highway and the local streets. Share public link The book's structure is logically
Breakouts must be accompanied by above-average volume. If a breakout occurs on low volume, the multiple timeframe alignment is likely failing. ⚠️ A Note on PDF Downloads and "Free 57" Links
Look for a low-risk setup, such as an orderly pullback to a rising moving average or horizontal consolidation. Stage 4: The Markdown Phase Here is a
Short-term moving average crossovers or intraday volume spikes.
Stage 2: Markup (Bullish) /`\ / \ / \ Stage 3: Distribution (Top) / \_______ / \ Stage 1: Accumulation \ Stage 4: Markdown (Bearish) ______| \ \______