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…
Let’s start with the daily chart at the time of market open. Because it shows structure that has me VERY interested in trading to the LONG side. Let’s drop to the 1 minute trading timeframe chart, just three minutes after the open. Happy trading, Lance Beggs
Did the market open and drive strongly in one direction, with you sitting on the sidelines unable to find a way in? Don’t stress. There is good news. Let me share some email Q&A from a reader of the YTC newsletter and YTC Price Action Trader ebook series, and then I’ll add some additional comments…
