Shannon is a pioneer in using the Volume Weighted Average Price (VWAP) anchored to significant events (like earnings or gaps) to objectively identify supply and demand.

I. Introduction

When working through any MTF PDF, flag these errors in the margins:

The magic of MTF isn't just about entries; it’s about confidence. When you see a resistance break on your execution chart that aligns with a trendline break on your tactical chart and a major moving average touch on your strategic chart, you have .

Look for confluence between the different timeframes. Confluence occurs when the trends on multiple timeframes align. For example, if the long-term trend is bullish, the medium-term trend is bullish, and the short-term trend is bullish, then there is confluence.