I received an email last week from a student of the YTC Price Action Trader, which I ABSOLUTELY LOVE. Actually, I receive a lot of email which I absolutely love. But sometimes they just stand out immediately as something really special. It was a simple email, containing just one image (shown below). And the…
I posted the following on social media a few weeks ago… The first pullback after a strong and decisive break from an obvious structural pattern, should be considered a MUST-TRADE scenario. There was a comment made to the post which I absolutely love. I've copied it here: Now, I don't advocate trading just…
This is a VERY useful question to ask yourself as a trade is setting up: If I could only take one trade this hour, would I be happy to make it this one? Of course, adjust the time to suit your style of trading. One trade per half-hour, per 4 hours, per day, per week……
Most trades will typically fall in the range from -1R to +1R… hopefully more on the positive side of that range. But for most of us this does not mean you should be targeting 1:1 trades all day, every day. By all means take them if you assess them as being a higher probability…
