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YourTradingCoach.com
YourTradingCoach.com
Because You'd Rather Be Trading For A Living!

Month: August 2017

Trading Process and Strategy

Let It Fail First – Then Get In

ByLance Beggs August 25, 2017

  Although we trade very differently, I am quite a fan of Al Brooks first book, "Reading Price Charts Bar by Bar". One of his quotes which has stuck with me over the years is the following: Countertrend setups in strong trends almost always fail and become great With Trend setups.   This quote came…

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Trading Process and Strategy

Reverse Trendline Breakout Failure

ByLance Beggs August 18, 2017

  The market opened and settled quickly into an uptrend. It was an environment I found difficult to trade for some reason. Decision making was poor. And I just couldn't get in sync with the price movement. This was a fact that became clearly obvious after two suboptimal trades (small profit so it's all good)….

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Trading Process and Strategy

Clues to a Quiet Trading Session

ByLance Beggs August 11, 2017

  Some days the market offers complete rubbish. Monday was one of those days.   So far we mentioned the following price action clues which helped form my decision to stand aside and watch and wait for better conditions. Overlapping price bars with little directional conviction Plus narrow range price swings Both combining to form…

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Trading Process and Strategy

Sometimes You Get It Wrong Before You Get It Right

ByLance Beggs August 4, 2017

  On Tuesday I shared one of my older facebook posts via social media. Copied here:   Repeating the key points for effect: Learn to survive… and even occasionally profit… in the times when your read of the market is wrong. And that will leave you with confidence to attack the opportunity available at the…

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YTC Price Action Trader

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