Trading Process and Strategy

Candlestick Pattern Q&A

Email Question: Hey Lance, Thanks, I believe some of your knowledge held in trading is very wealthy to your students and viewers. I have a few questions on Candlestick Reversals please. 1. Some candle patterns like Hanging Man and Hammer are same in body form but different in which trend they appear, how should we…

Trading Process and Strategy

Staying Ahead of Price

Never let price action take you somewhere your brain didn't get to five minutes earlier. Keep your awareness ahead of price with a clear idea of expectations and a plan of action for whatever eventuates. In conducting your analysis, think several candles ahead. Where is price going? How is it likely to act? Why? Will…

Trading Process and Strategy

Bar-by-Bar Analysis via One Simple Question

There are various analysis tasks that must be completed upon first arriving at our charting platform each day – examination of higher timeframes to create a support and resistance framework; examination of market structure in order to identify the potential environment (trending or ranging); and examination of any pre-session data that may be significant to…