When Price Stretches to Reach the Level

This is without doubt one of the best ways I like to see price set up for TST/BOF reversal trades from an S/R level. We discussed this briefly in a related article – https://yourtradingcoach.com/trading-process-and-strategy/higher-quality-breakout-failure-trades/ But let’s look at an example from this week’s trading. We’ll start with a higher timeframe chart to give some context,…

Volatility Contraction within a Sideways Range

Let’s start with some higher timeframe structure to provide a little context. The market kicks off at 09:30 and drives higher, confirming the uptrend is in play. YTC Price Action Trader principles 1 and 2 will guide our analysis and trade plan, until proven otherwise. The default option with a Sideways Trend is to seek…

Feel the Fear!

A key feature of the YTC Price Action Trader method is timing trade entries through awareness of the emotion of “other traders”. In particular when you sense heightened levels of frustration, anxiety or even fear. Place yourself in the mindset of someone trapped in a really poor position. Feel the fear. And find opportunity at…

The Market Rhymes (AKA Don’t Screw Up the Second Opportunity)

Monday… let’s start with some higher timeframe action… Error 1: I was blinded by one of my favourite pre-session signals; a trap right before the open. And an expectation that this trap would spring completely and help to drive price higher. Error 2: I failed to consider the alternative – “What if I’m wrong? What…

Before you Beat Yourself Up over a Session Loss, consider this…

It’s been a week of incredible opportunity and incredible challenge. We discussed the challenge a little on social media, with some good lessons that I thought should be shared through this channel as well. This social media post struck a real chord with viewers, in comparing the opportunity from Monday and Tuesday and discussing how…