A YTC reader Ryan asked if I could discuss a 210 tick move in Crude Oil that occurred at 11:25am ET on Thursday, March 15th 2012. Would you mind detailing the entry opportunity on that 11:25am short provided there was an opportunity? Thanks! This is the price move… (Note: the date/time difference is simply due…
Here’s some great Q&A with a YTC reader: Question: Hi Lance, I wanted to ask what do you do in a situation where price retraces just enough to scare you. I mean let’s suppose we just trade with one contract to make things more interesting. We consider setups that offer a 2:1 as R:R. You…
Here's a documentation & learning tip which can really add significant value to your trading knowledge, and in time to your level of skill and confidence. Create and maintain a knowledge base documenting everything you know about every aspect of market environment: How to recognise the environment / the features of the environment. The nature…
The following charts demonstrate low timeframes, but the concept is applicable to ALL timeframes and ALL markets, provided they offer sufficient liquidity to ensure smooth price flow. The way price moves offers clues to future direction! You just need to learn to read it!
