Want To Learn How Technical Analysis Works? Then Get Yourself A Copy of “Technical Analysis Using Multiple Timeframes”
Book: Technical Analysis Using Multiple Timeframes 
Author: Brian Shannon
Purchase Link
Brian Shannon has worked as a broker, owned a day-trading firm, managed a hedge fund, and ran a proprietary trading desk where he was recognized as the firm’s most profitable trader. With this experience in mind, it is safe to say that Technical Analysis Using Multiple Timeframes was written by a true trader, not an author or an academic.
Technical Analysis Using Multiple Timeframes is a no-frills, textbook read. The book itself is a large (A4) hardback printed in color, comprising all of 184 pages. The print is easy to read and well spaced, making it easy to take notes in the borders. This is the kind of book that forces you into whipping out your underused highlighter. And trust me, you will not regret the extra time you dedicate to your meticulous highlighting.
Shannon does a great job of explaining why technical analysis works. More than anything, this book teaches you how to think. It achieves this goal by presenting the reader with case study after case study of sucker mistakes. These examples drill into the reader a basic understanding of price action. Spoiler Alert: The underlying ideology of this text is based on market psychology and following market trends.
In Shannon’s own words, “It is the goal of this book to help you understand and recognize market structure; this in turn will help you identify your trading edge regardless of which trading timeframe you find most comfortable.” Technical Analysis Using Multiple Timeframes does just this, helping you understand how to identify low-risk, high-profit trades, and then manage them with a constant emphasis on risk management.
If you’re sold on the idea of reading Technical Analysis Using Multiple Timeframes, then I invite you to visit the book’s website — http://www.technicalanalysisbook.com/ — to purchase yourself a copy.