Trading Process and Strategy

It’s All About Real-Time Contextual Decision Making

  You've learnt the pattern or setup. Great. But that's not trading. Now work on the real-time contextual decision making around that pattern or setup. Look beyond the pattern itself to the wider context. Where is the pattern occurring within the larger timeframe market structure? What structure will suggest avoiding this particular setup? What structure…

Trading Process and Strategy

Higher Timeframe Pattern Breakout – 2

  Last week we looked at the following chart sequence showing an obvious symmetrical triangle pattern within my higher timeframe chart. See here if you missed the recent article – https://yourtradingcoach.com/trading-process-and-strategy/higher-timeframe-pattern-breakout/ I don't know if I was somehow influenced by that article. I don't usually look for patterns on the higher timeframe chart. It's primary…

Trading Process and Strategy

Spring the Trap

  I'm not a pattern trader. I look at the internal strength and weakness within the price movement; seeking opportunity at places of traps or weakness against the bias. But there are some patterns that are based around similar concepts, such as the Wyckoff Spring and Upthrust. If you trade patterns, these are two which…

Trading Process and Strategy

Patterns vs Context

  Patterns vs Context – A Q&A Followup to the Better than Candlestick Series This email Q&A is with a YTC Newsletter reader, regarding the following article series: Better than Candlestick Patterns: part 1; part 2; part 3; part 4; part 5 Please review these articles if you haven’t read them already, in order to understand the following Q&A.  Email…