Trading Process and Strategy

Market Open Traps

  Market Open Traps are by far my favourite opening play right now. I've demonstrated these quite a bit over the last year or two. Sorry for the repetition – but they're just working so well lately. Not always for massive profits. The two shown today are definitely singles, rather than home runs. But they're…

Trading Process and Strategy

Step Back and Reassess

  Let's start with a daily chart to get some "bigger picture" context… And now down to the trading timeframe… A little side note regarding the entry: While it may not be immediately obvious, this trade is a variation on the YTC Price Action Trader PB Setup. The pullback is all occurring within the one…

Trading Process and Strategy

Traps Just Before RTH Open – 5

  Last Friday at 9:28am, just two minutes before the Regular Trading Hours (RTH) Open, the market suddenly jumped. That's right – it's a trap RIGHT BEFORE the regular session open. See here if you missed the prior articles: https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open/ https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open-2/ https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open-3/ https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open-4/   Here is the general idea, in both bullish and bearish form:…

Trading Process and Strategy

Confidence in the Trend

  I've been discussing this idea for quite a while now. The idea that there is GREAT VALUE in studying your charts post-session to identify the price sequences which offered the best trading conditions. And then… the structural features which might help you identify similar trading conditions next time they occur. Just last week in…

Trading Process and Strategy

Traps Just Before RTH Open – 4

  Traps immediately before the open… we've discussed them a number of times over the last year. Here are some of the previous discussions, if you missed them: https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open/ https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open-2/ https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open-3/   And you'll probably find a few more examples if you scroll back through the social media feeds. The thing is though – the…