Facebook Twitter
Now With Over 23,000 Reviews!
Sign up now

Technical Analysis: Using Multiple Timeframes

TOP 10
edge.affiliateshop.c..
Category: Books
A complete guide to understanding market structure and the psychology of price movement.
Filter reviews by
Page:   2 ...
Displaying 11-20 of 60 Total Reviews
Great Book
A must for new traders and veteran traders a like. The author does a great job at making the book easy to read and understand. Learned a great deal from this book and Steve Nison candle sticks as well. Technical Analysis using multiple time frames is an awesome book.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Great to Revisit
This is where it started for me. Brian Shannon (mispelled on the details here) has an ebook on this also. Definitely a great start and way for one to really learn the trade and how to participate in the best setups. More risk reward strategies would be appreciated

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



In between
I find it difficult to really slam this book but I cannot recommend it either. The book looks good with nice big pages, glossy cover, color charts. It is also well written and gets its points across well. The information is very good, presented well and important but it is just too remedial. There is not an original thought in this book. If you are anything other that a rank novice there is little to be gained here. The information here is important stuff to know but anyone who has ever traded generally understands about support, resistance, breakouts, and trends. Using them across multiple timeframes is also a very basic concept.

If you know nothing at all about the basics of trading this book is very good and I would recommend to those readers. But if you have any experience at all with a basic knowledge of remedial technical analysis there is nothing to be gained here.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Kgtrading Aurora, CO

User’s Review Ratings
Overall
Education
Entertainment
Value



The Second Book Every New Trader Should Read...
The first book being Trading In The Zone by Mark Douglas. This book is a great intro into market psychology (rather than Douglas' intro into personal trader psychology), and I highly recommend it to any beginning or skilled day trader. It's written in very simple terms, but is ripe with powerful bits of information. I promise it's worth every penny!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
MrMacnanimous Slough, Berkshire

User’s Review Ratings
Overall
Education
Value



One of the best books I've read on technical analysis
Brian Shannons book is simply put one of the best books I've read on technical analysis (and I've read a few!). Best compares to the quality of Dr. Alexander Elders books but offers a different (and useful) angle.

Highly recommended for people who are or plan to be day/swing trading. Not so useful for long term investors.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Catchmy22 Albany, NY

User’s Review Ratings
Overall
Education
Entertainment
Value



Tech. anal. made easy
This is an easy guide to technical analysis of the markets. It could be compared to the Edwards and Magee book on technical analysis. It has lots of illustrations showing many examples of all the items that are covered in this book and there are a lot.

Here is what you get: Chapter 1 Philosophy of Technical Analysis. 2 Dow Theory. 3 Chart Construction. 4 Basic Concepts of Trend. 5 Major Reversal Patterns. 6 Continuation Patterns. 7 Volume and Open Interest. 8 Long Term Charts. 9 Moving Averages. 10 Oscillators and Contrary Opinion. 11 Point and Figure Charting. 12 Japanese Candlesticks. 13 Elliot Wave Theory. 14 Time Cycles. 15 Computers and Trading Systems. 16 Money Management and Trading Tactics. 17 Intermarket Analysis. 18 Stock Market Indicators. 19 Pulling it All Together. 19 chapters all together and like I said it covers a lot of ground.

Like any tech book it is not something that someone sits down to read for their personal enjoyment. This is a book that gives a good overview of a lot of different techniques that are all subjective. The patterns in here are not something you could put into your computer and trade but you will find them useful. The oscillators covered in here are used by most traders. After reading and looking at the different illustrations you will be able to pick out these classic signals while looking at charts. I have used things that are covered in this book like flags and triangles in 5 minute bar charts to make entry or exit decisions in the futures markets.

Overall this is a great book on technical analysis. It will give you an overall understanding of how many patterns and indicators are used. Anyone wanting to become a trader should know this stuff because they will use it. I have software that generates entry and exit signals but the computer can't "see" the chart. The tools in this book have helped me to filter out potentially bad trades and I think it will do the same for you. This is not the answer to trading profitably but it is certainly one of the keys.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
MachTrader Denver, Co

User’s Review Ratings
Overall
Education
Entertainment
Value



Great book
I decided to buy this book based on favourable recommendations I read elsewhere and because I'm in the process of educating myself about various aspects of trading.

In this book, Brian Shannon, a trader with many years of experience explains probably more clearly than in any other book I've read, why technical analysis works, and how to do use it to develop understanding and insight into markets, and ultimately an edge in trading. For reference, Brian has been involved in markets since 1991, has worked as a broker, owned a day-trading firm, managed a hedge fund, ran a proprietary trading desk (where he was also the most profitable trader of that firm) and have taught thousands of traders world-wide with his involvement with MarketWise, a training firm.

Perhaps the first thing to say is that this book is not a canned "system" that you simply learn and use, although the material covered has a bias towards trend following systems and the material obviously will help in building a trend following system of your own if that's your goal. I would opine that this book should be essential reading for anyone who have an interest in trading the markets as a trend follower, particularly if you're a novice.

The primary topics covered are the 4 stages that stocks go through, namely accumulation, markup, distribution and finally decline (as popularized by Stan Weinstein) and how and why this happens and how this is evident from a price chart, support and resistance and how to properly identify and use them (including various related topics like why support turns into resistance and vice versa and the psychology of participants in the markets), trends and how to identify and use them to identify the highest probability trades including stop loss levels, profit targets and consequently risk/reward ratios, volume and how to properly use it, moving averages and how to properly use them (hint: not as timing indicators for entry but rather as "a visual reference point to which price can be compared in order to identify trends and market structure."), the role of time, how and when to buy or sell short, news and fundamentals and how this should influence your risk/reward rules, short squeezes - what they are and how they happen, a chapter on risk management and strategies, a chapter of collected quotes, rules and general trader wisdom to ponder and internalize, and finally a chapter on "putting it all together" where Brian explains how he uses all these elements in his own daily and weekly trading regime. Regarding the topic of risk, I feel I should add that the topic of risk management is actually weaved throughout the entire book, even if there's a dedicated chapter on it. As Brian says in the introduction, "The number one job of a trader is that of risk manager." Very true and essential to understand/internatlize if you want to make a success of trading.

The book itself is a large (A4) hardback book printed in colour, comprising 184 pages. The print is easy to read and well spaced, making it easy to underline and make notes in the borders. I bought my copy through a third party seller (booktrader88) who gave excellent service and packed the book very well using multiple bubble wrap packages, delivered via DHL.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Soccerscott Denver, Co

User’s Review Ratings
Overall
Education
Entertainment
Value



Enlightening
A no biased view on market structure, how to manage risk and find entries on any time frame. This is definitely relavent to all traders and especially if you like as I do Brian Shannons no nonsense delivery, which is how the markets are so better get used to it. If youre a serious stock trader, have to read this book and either reinforce or learn how to manage your risk to the optimal level.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Cpmuoio Brooklyn, NY

User’s Review Ratings
Overall
Education
Entertainment
Value



Perfect Book and A Must for all New traders
Everyone that's been around short or long term trading knows Brian Shannon as his mastery of technical experience. This book breaks down the basics of all that is technical analysis and is considered a must read for all those looking to understand technical analysis. As with anything in trading, technical analysis is no for sure thing, but it's great to understand the concepts as traders tend to make there decisions based on what the majority is doing.

It's a easy read as well, you can breeze through it if you're under a time crunch, but you'll always want to keep it handy to refer back to.

Check Brian Shannon's site out for more information as well.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Good Book
Good book on fundamentals on techincal anaysis. Good for new traders

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Corpmanbroker New York, NY

User’s Review Ratings
Overall
Education
Entertainment
Value



Page:   2 ...
Displaying 11-20 of 60 Total Reviews
Investimonials Sponsors
 
Featured Investing Products
  
  
  
  
  
  
  
  
 
Users of Technical Analysis: Using Multiple Timeframes