Shannon’s methodology provides a clear, actionable process that has been coded into various tools and trading platforms.
. He waited for the "alignment of the stars" across timeframes. He no longer felt the need to be in every move. As Shannon’s book taught him: "Only price pays." anchor the VWAP to specific news events to find better support levels? He no longer felt the need to be in every move
Identifies the overall trend and major support/resistance levels. Intermediate (Daily): The Core Methodology: Aligning the Trends
Before diving into the methodology, it's important to understand the person behind it. Brian Shannon is not just a theorist; he is a with decades of real-world experience. After a successful career as a stockbroker and lead trader, he founded Alphatrends in 2006. His expertise is formally recognized by his Chartered Market Technician (CMT) designation, a professional certification that underscores his deep commitment to the field. he founded Alphatrends in 2006.
. He argues that "price is the only thing that pays," and that the most consistent way to profit is by aligning multiple groups of market participants across different time horizons. The Core Methodology: Aligning the Trends