Trading Process and Strategy

Trading after Structure has Formed

The following social media Q&A shares an incredibly important realisation by this trader. Perhaps a realisation that will also help you with your journey. And my reply: I’ve focused a LOT on the market open in my articles over the last two years. Not because it’s better. But simply because that’s where my own trading…

Trading Business

What did this Trader do Wrong?

The following chart was sent to me by a trader who just completed his very first futures trade. It shows the MNQ (Micro E-mini NASDAQ) on a 3 minute timeframe, YTC Price Action Trader BOF Setup off the overnight low and prior day’s low support. A one part position (all-in-all-out). He took a small loss,…

Trader

Avoiding Boredom While Price Watching

Let me share some great email Q&A. Firstly because this question will be relevant to many of us. And secondly because if you have some other thoughts on this issue I’d love to hear them. Feel free to add comments below the blog post. QUESTION:  Your job as a trader is not to watch every…

Trading Business

Study the Transitions

Let’s talk about Market Structure and Price Action study, commencing with a question I received on Thursday – Do you still do daily study of market structure? And my response, sent out via social media: A followup comment from the original questioner… “I’ve tried this in the past but not been able to stick with…