The market has opened and rallied. Not with great strength. In fact it's quite slow. But it rallies with a clear bullish bias. It's clear of all S/R levels, above the prior day's high resistance (now support) and well short of the next higher timeframe resistance level. Trade opportunity in such a case is…
Feedback suggests that people got a lot out of last week's article, so let's continue with that topic one more time. Check it out here if you missed it – https://yourtradingcoach.com/trading-process-and-strategy/opportunity-exists-where-you-find-frustrated-traders/ This was the general idea though – I'm always looking at the market from the perspective of "the other trader". In particular, seeking…
I'm always looking at the market from the perspective of "the other trader". In particular, seeking out the places on the chart where others might become frustrated. Where is someone stuck out of a trade they wished they were in? Where is someone stuck in a trade they wished they weren't in? That's where…
The whole analysis process for a novice trader is aimed towards finding a winning trade. Sure, they know intellectually that not all trades will win. But surely this one… the one they worked so hard for… the one that all their analysis says is a good trade… it’s just got to win! And then they…
