I had an opportunity this week to review and comment on some trades, from a trader who is using the YTC Price Action Trader strategy in the emini-Russell futures markets. While not yet achieving consistent profitability, there are very strong signs of this potential in the future. One strength that was clear from the start…
The following image was a part of last week's newsletter article, "Real Opportunity is Found at the Edges of Market Structure". Following the publishing of that article, I received a great question via email… Question: "Isn't buying at the lower low (D) just trying to catch a falling knife? If a downtrend consists of LL’s…
Here's an interesting little exercise that may help you to see charts in a different way! Where do you see the opportunity in this chart? Don't think too hard. There's no trick. Just first impressions. Where do your eyes instantly go if you're seeking opportunity for profit? If you're like most traders, I expect you'll…
The following image was a recent post at YourTradingCoach Facebook. If you want to check the pattern out, it's 11th Dec 2013; GBPUSD; 3 min TTF; at 09:51 UTC. Today I'd like to discuss the statement within the yellow box, "Real opportunity is found at the edges of market structure, where the risk is smallest…
Email question: How many hours a day should I spend reviewing charts with my busy schedule? Response: How many hours a day do you expect a pro golfer practices? How many hours a day do you expect a pro musician practices? How many hours a day do you expect a (insert any other elite performance…
In 2012 I commenced a YouTube video series – YTC Introduction to Technical Analysis. For various reasons, this series was unfinished. Perhaps it will be completed one day in the future. Perhaps not. The one benefit that this series gave me was a realisation that the work I can best offer the trading community comes…
