The key to early recognition of potential change in structure is in observing and identifying "SOMETHING DIFFERENT". I absolutely love this example which has been building now since the beginning of the year. This does not mean that the uptrend will end. It's just a warning sign. A clue that the sentiment driving the…
Here was the general plan: I won't go into detail regarding the wider market environment and context within which the trade occurred. It's not the point of the article. Truth be told – it was a marginal trade at best. Ideally such a trade would be taken in a market with a strong bearish…
If your progress has stalled in any way, it is just SO IMPORTANT to realise the following truth: Progress comes from your growth and development plan, not from your strategy. This just won't work: Hoping, wishing and praying doesn't work. Just trying harder doesn't work. You need something ACTIONABLE. Let's fix it NOW: STEP…
Close your eyes and imagine a really bad trading session. You might have a recent example you can use. Or if not, just make one up. The details don't matter. They'll vary for each of us. Just make it bad. Maybe this: "I drag myself into the office and throw my bag on the floor….
There are some common themes that run through the articles I produce at YTC. One of these, which has been here since the beginning, is the importance of creating a Market Structure & Price Action Journal. Every day, find something that amazes you in the charts. Print it out. Cover it with notes. Study it….
