The breakout and sustained uptrend. This is where the most money is made.
Shannon’s mantra is simple: indicators, news, and rumors are secondary. The only thing that matters is price action. His book teaches traders how to stop fighting the trend and start identifying the "path of least resistance" by looking at the market through different lenses. 1. The Four Stages of the Market Cycle The breakout and sustained uptrend
The "magic" happens when multiple timeframes agree. Shannon suggests a top-down approach: The breakout and sustained uptrend
By ensuring the 5-minute trend is aligning with the daily trend, you significantly increase your win rate. 3. The Power of Anchored VWAP (AVWAP) The breakout and sustained uptrend