Trading Process and Strategy

Long is Wrong – 2

Last week I shared what is quite possibly my favourite market open play – https://yourtradingcoach.com/trading-process-and-strategy/long-is-wrong/ It can occur as either a PB or BPB setup, providing opportunity as market participants are trapped and stopped out of an early session long. Incredibly simple in concept. But very effective. Please review the prior article if you missed…

Trading Process and Strategy

Long is Wrong!

If you’re new to my newsletter, you could be forgiven for thinking that all I trade is an NQ opening range drive. I think in recent times we’ve covered that more than any other opening setup. Like here – https://yourtradingcoach.com/trading-process-and-strategy/pre-session-emotion-and-an-opening-drive/ Essentially it’s the first YTC Price Action Trader PB Setup following expansion from the open,…

Trading Process and Strategy

Metagame Entry

Metagame Entry – Recognising that entry is not just about price or patterns, but about the people behind the price and patterns. And in particular the times when they’re experiencing frustration, pain and disappointment. Because the best opportunity comes when I can feel someone on the other side of the market getting it REALLY wrong….

Trading Process and Strategy

Metagame Entry Timing

  For Setup Definitions and discussion – see Vol 3, Ch 4, Pages 25-41 For those with the YTC Price Action Trader, you’ll note that the entry is exactly at the point I define as the LWP. Refer to Volume 3, Chapter 4, Pages 72-77 for discussion on the LWP concept. Happy trading, Lance Beggs…