BLACK FRIDAY SALE | SAVE 50% | OFFER ENDS MONDAY | ENTER CODE THANKYOU2020 AT THE CHECKOUT
BLACK FRIDAY SALE | SAVE 50% | OFFER ENDS MONDAY
The majority of my pre-session higher timeframe (HTF) analysis is conducted on the 30 and 5 minute charts. Exactly as outlined in the YTC Price Action Trader, in constructing an HTF support & resistance framework. Before this though, I always have a quick glance at the daily chart. Maybe 5-10 seconds at most. Daily…
I was recently asked on Twitter about my pre-session analysis. My response was simply that I've outlined the process in detail in the YTC Price Action Trader. However, since publication, I have added a couple of minor steps. Let's look at one today. It occurs just once a day, right at the beginning of…
I operate my trading business in accordance with my Procedures Manual, which documents the procedural steps I will carry out in order to complete: My pre-session routine My during-session routine My post-session routine My contingency management procedures Let’s discuss my pre-session routine. Feel free to use whatever parts you find useful for documenting your own…
I know I’ve mentioned this before, but we learn from repetition, so it’s important to share this from time to time. For those of you who trade intra-day timeframes as I do, it’s essential that you’re aware of the upcoming economic news releases or other fundamental events which can move your market. Let’s look at…
I had an interesting chat recently with a subscriber about the current ‘financial meltdown’, which addressed two main areas of conversation that I felt would be worth sharing via my website and newsletter. What are my thoughts on the financial crisis, and how do I trade the news or allow news to influence my trading?…
