I want to revisit the trades we discussed in last week’s article – Trading with Multiple Forward Projections. I really like this series of trades. Because there is a lesson in trader performance that I think is worth discussing. Something that I would suggest is a sign of good trading. “Wait? What?” I can hear…
Today I want to take the concept of Project-Confirm-Trade up a level. First though, a quick review of the general concept, borrowing one of the images from that prior article. The rules I use for projection are outlined in the the YTC Price Action Trader.. See Volume 2 Section 3.3.3. And then it’s simply a…
I promise you this… Not every trade will go according to plan. Not every trading session will go according to plan. You will have to deal with a LOT of crap outcomes in this business. And your success DEPENDS upon how well you manage that crap. The market is opening… and I REALLY LIKE…
I do love a strong gap opening. So let’s begin Friday 31st July 2020 with NQ gapping higher. We’ll start with the 30 minute chart (RTH session data only so that we see the gap). Let’s drop slightly to the 15 minute chart and include some overnight data as well. So let’s prepare for the…
