Let's talk about recovery from a poor start to a trading session. Like this one… So here's the plan in three stages… Whenever you step away from a chart and miss a sequence of price action, you can almost always look back at it with hindsight and see opportunity that you could have taken….
This has been a favourite topic of mine throughout the last year. We explored the idea here and here, along with a bunch of other examples on social media. But then the market just keeps providing more examples. So let's look one more time. The general concept is a trap that occurs through failure…
A question received last Monday: "Are you trading today? It's a holiday but the market is open." For future readers… Monday was 11th November 2019. Veterans Day. And yes, the economic calendar which I use also has this listed as a US holiday. But the market is definitely open all day (or at least…
I was recently asked on Twitter about my pre-session analysis. My response was simply that I've outlined the process in detail in the YTC Price Action Trader. However, since publication, I have added a couple of minor steps. Let's look at one today. It occurs just once a day, right at the beginning of…
The following screen capture was sent out via social media recently. I think it's so important that I want this to go out to everyone on the newsletter list as well. Plus an entry into the blog for future readers. It's a quick response to an exceptional question – what are five things I do…
