Brian Shannon’s central thesis challenges conventional wisdom: Do not start with your trading chart.

| Time Frame | Purpose | Typical Period (Swing Trading) | | :--- | :--- | :--- | | | Define the overall trend, major support/resistance zones, and market context. | Weekly | | Intermediate (Medium) | Identify the tradable trend, pattern formations, and logical entry/exit zones. | Daily | | Short-Term (Lower) | Fine-tune entries/exits, spot reversals, and manage intra-trade risk. | 60-min or 15-min |

Shannon prefers SMAs over EMAs (Exponential) because SMAs act as truer support/resistance levels for institutional money.

You are trading with the weekly trend, buying value on the daily, and using the 60-min for timing. Your stop loss is tight (below the 60-min low), but your profit target is large (the weekly high).