When I received \"Technical Analysis Using Multiple Time Frames,\" by Brian Shannon, I was especially eager to read it, as I use multiple confirming time-based signals in my trading. Many books out on the market today gloss over or even dismiss the importance of aligning the relatively short-term timeframe with the longer-term movement. I believe accuracy of entry may be greatly improved by looking at the markets in more of a three-dimensional view as opposed to a single one-dimensional, one timeframe vantage point.
In 2008, Shannon published his book Technical Analysis Using Multiple Timeframes The book was written to assist traders new to technical analysis with intermediate level material such as market structure and trend alignment. Charles E. Kirk of The Kirk Report praised the book for explaining \"relatively complex ideas\" in a \"straightforward manner\". The Market Technicians Association review of the book called it \"readable and valuable\" for both novices and experienced traders.
There have been many books written on technical analysis, but some of them have become timeless classics that are invaluable to traders. Those new to technical analysis may want to check out these books to fine-tune their strategies and maximize their odds of success. 153554b96e