The Market Open Demands a Flexible Mindset

The market open demands a flexible mindset Not everyone performs well at the market open. That’s absolutely fine. Some are better standing aside till structure develops and conditions have revealed themselves. And then trading off this opening structure. It’s all good. There is plenty of trading still available. For me though, I like the market…

Drive – Pause – Drive

Sometimes the simplest things are the best. We spoke previously about one of my favourite methods for entering into an opening drive. We wait for the first break against momentum. And then strike when we confirm it’s a trap. See here for an example: https://yourtradingcoach.com/trading-process-and-strategy/first-break-against-a-momentum-drive/ But this is even simpler… A PB or BPB Setup…

Recognising Opening Drive Potential

There were three factors identified pre-session on 31st March, which alerted me to the potential for an opening drive in this session. (1) A contracting environment Firstly contracting on the higher timescale, as shown here on the daily chart. But also contracting on the smaller timescale, as shown here from an individual session perspective. If…