One of the basic concepts underlying Technical Analysis, the YTC way, is that of traps. (See here and here for example. And of course here!) Usually in these articles when I've discussed traps it's been in terms of short timeframe setups or trigger entries. However the same concept applies at the higher timeframe structural level….
Do not jump straight into live trading! Success with any trading strategy should follow a graduated implementation plan, to allow you to increase risk ONLY as you have proven sufficient knowledge and skill at each risk level. YTC PAT Vol 5 discusses deliberate practice and provides a detailed example of a graduated learning plan. YTC…
Let me share a recent email from a YTC reader that I absolutely loved. I just would like to share with you this chart…it is amazing how the upper part is almost a perfect mirror image of the lower part… (it is Wyckoffian with 123 patterns both at Accumulation and Distribution)…offering among others 2 great…
