Trading Process and Strategy

Apparently The Hanging Man Didn’t Make Any Difference

I'd like to share a great question received this week which highlights a number of recent topics that have been discussed via the newsletter or blog – the irrelevance of individual trades, the imperfection of ALL exit strategies, plus patterns vs context and the way price movement influences other traders' decision making. Question: I stumbled…

Trading Process and Strategy

Complete Candlestick Charting Patterns Video Series

Hey Candlestick Traders, Now that we’ve completed the whole Candlestick Video series, I thought it might help if they were all on one page. It saves you jumping from page to page after every video. Enjoy … Candlestick Patterns – Candlestick Design   Candlestick Patterns – Candlestick Sentiment  

Trading Process and Strategy

Better than Candlestick Patterns – Part Five

(Previous articles in this series: part 1; part 2; part 3; part 4) So far, we’ve discussed: A simple technique for classifying (or naming) candles and gaining a feel for short-term candle sentiment. The importance of context – examining where the current pattern is occurring within the market structure in order to determine the technical and psychological impact of that pattern…

Trading Process and Strategy

Better than Candlestick Patterns – Part Four

(Previous articles in this series: part 1; part 2; part 3) So far, we’ve discussed: A simple technique for classifying (or naming) candles and gaining a feel for short-term candle sentiment. The importance of context – examining where the current pattern is occurring within the market structure in order to determine the technical and psychological impact of that pattern (how…

Trading Process and Strategy

Better than Candlestick Patterns – Part Three

In parts 1 and 2 of this short article series we discovered a technique for determining the short-term sentiment displayed by any sequence of candles. (Go here first if you missed part 1 or part 2) It’s time now to consider the context. ‘Consider the context’ means we consider where the current price pattern appears with respect to…

Trading Process and Strategy

Better than Candlestick Patterns – Part Two

In Part 1 of this series, we learnt how to read the Close Position, and define each candle as either a High Close, Mid Close or Low Close candle depending on where the candle closed within its own range. If you missed part 1, you’ll find it at the following webpage: https://yourtradingcoach.com/trading-process-and-strategy/better-than-candlestick-patterns-part-one/) We discovered a…