You Won’t Consistently Win Until You Fix This First
Happy trading, Lance Beggs
Fading the Edges of the Market Structure
Fading the edges of the market structure requires that you see the markets in a different way to the usual retail trader. Strength in price movement towards a range boundary or an S/R level is not necessarily going to continue with strength following a breakout. In the right context, this apparent strength can produce…
Time Management for Traders
Here's a great question I received via private message on Facebook during the week, which I think is relevant to all of us. I'll make an assumption here that the intent is to talk about how to fit trading into "life". That is, how to find sufficient time for not only trading, but all…
YTC Ideas on Forex Daily Charts
I trade low timeframes. Maybe you've noticed? 🙂 But I've always said that no one timeframe is better than any other. There are professional traders operating across the full spectrum, from watching the tape move tick by tick, right up to daily and weekly charts. There is no "best"; only what is best for…
One of the Advantages of Low Timeframes
One of the advantages of low timeframes is that you can FEEL the price action. By "low timeframes", I'm referring to any timeframe which allows you to watch the screen continuously. So we're probably talking anything in the range of 5 minute charts and lower. Operating on higher timeframe charts, where you're only getting…
Trading Failed Expectations
The following YTC Social Media post was just about a perfect example of the concept of trading failed expectations. I received a question on the facebook post about trade entry. So let's look at the trade I took in this area – a test of Low-of-Day support. Noting of course that there is one…