Trading Process and Strategy

More… Anticipating Traps

In last week's newsletter we looked at a more enlightened way to use TA – anticipating and exploiting traps within the marketplace. Here's the link if you missed it: https://yourtradingcoach.com/trading-process-and-strategy/the-three-steps-from-ta-amateur-to-ta-professional/   Today, let's look at another example of the concept discussed in this earlier article.

Trading Process and Strategy

The Double Failure Pattern (Revisited)

When I identify a setup area based upon the structure of the market, one thing I absolutely love to see is a double failure pattern. The double failure pattern was discussed in a prior article (https://yourtradingcoach.com/trading-process-and-strategy/the-double-failure-pattern/) and involves two failed attempts to breach a significant structural area of the chart. Entry is on the failure…