The "Brian Shannon style" moves away from gambling and toward risk management. By using MTF analysis, a trader avoids the common pitfall of trying to catch a falling knife (buying a pullback that is actually a trend reversal) or shorting into a raging bull market.
: Technical analysis is used to anticipate where the next big move will likely happen rather than reacting after it has already occurred. Seeking Alpha Essential Technical Tools Anchored VWAP (AVWAP) The "Brian Shannon style" moves away from gambling
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The downtrend. Short-term rallies are merely "dead cat bounces" within a larger bearish structure. The Power of the VWAP The "Brian Shannon style" moves away from gambling