Technical Analysis Using Multiple Timeframes - Understand Market Structure and Profit from Trend Alignment pdf

Technical Analysis Using Multiple Timeframes - Understand Market Structure and Profit from Trend Alignment

  • Author: Shannon, Brian
  • Publisher: LifeVest Publishing, Inc
  • Year: 2021
  • Language: English
  • Format: PDF
  • Filesize: 5.33 MB

Overview

This book provides insight into market structure and the psychology of price movement. It helps traders understand how to enter established trends at low risk and high profit levels. Key takeaways from the book include:

  • Recognizing and profiting from the cyclical flow of capital through markets.
  • Estimating profit potential in trades and correct stop placement for capital preservation.
  • Tips for recognizing and controlling emotional decisions.
  • Importance of fundamental analysis and understanding brokerage tricks.
  • Strategies for entering, managing, and exiting long and short trades.
  • Analyzing and using volume and moving averages effectively.
  • Utilizing Level 2 screens for better analysis.

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