Trading Process and Strategy

A Simple Alternative Means of Assessing Short-Term Bias & Market Strength/Weakness – Part 2

  I've long been a fan of Opening Range (OR) theory and the way that it allows us to quickly and easily identify a "bigger picture" session bias. So last week we played around with that concept and explored it's application in new areas of the chart. We took the concept of OR theory and…

Trading Process and Strategy

A Simple Alternative Means of Assessing Short-Term Bias & Market Strength/Weakness

  I highly recommend spending some time every now and then just playing with your charts. Try something new. Or see if you can apply old ideas in new ways. Just occasionally, you may find something useful. Today I'd like to share a simple tool that I've been using for the last few years, alongside…

Trading Process and Strategy

How I Define and Use an S/R Framework when Price is in No Man’s Land

This article is in response to a great question from a YTC reader: How do you conduct analysis for a market that is in "No Man's Land", i.e. in an area where there are no S/R levels. I'm looking at the NQ right now and it's trading above it's recent historical levels, so there are…

Trading Process and Strategy

There is a Lesson in EVERY Trading Session – Part 2

Feedback from last weeks article has been superb. So I thought I’d give some more examples here this week. And I’ll use this idea as the initial concept behind a daily blog – commencing later today. 🙂 For these examples, we’ll look to a different market. This time the HSI (Hang Seng Index Futures) which…

Trading Process and Strategy

Forex Opening Range Breakout Strategy

Opening Range breakout strategies are very popular in the stock and emini-futures markets. If you’re not familiar with these Opening Range breakouts, a Google search should also bring up more information than you can probably read in a lifetime. To greatly simplify the strategy, it essentially involves identifying the high and low price from the…