Trading Process and Strategy

Failure Scenarios

I love this comment from David on last week’s article – Long is Wrong 2. The key part is highlighted. I’m actually really excited to see someone recognise the importance of watching for failure scenarios. Opportunity exists at the places where large numbers of traders get something wrong. The times and places where obvious expectations…

Trading Process and Strategy

Long is Wrong – 2

Last week I shared what is quite possibly my favourite market open play – https://yourtradingcoach.com/trading-process-and-strategy/long-is-wrong/ It can occur as either a PB or BPB setup, providing opportunity as market participants are trapped and stopped out of an early session long. Incredibly simple in concept. But very effective. Please review the prior article if you missed…

Trading Process and Strategy

Long is Wrong!

If you’re new to my newsletter, you could be forgiven for thinking that all I trade is an NQ opening range drive. I think in recent times we’ve covered that more than any other opening setup. Like here – https://yourtradingcoach.com/trading-process-and-strategy/pre-session-emotion-and-an-opening-drive/ Essentially it’s the first YTC Price Action Trader PB Setup following expansion from the open,…

Trading Process and Strategy

Market Open Traps

  Market Open Traps are by far my favourite opening play right now. I've demonstrated these quite a bit over the last year or two. Sorry for the repetition – but they're just working so well lately. Not always for massive profits. The two shown today are definitely singles, rather than home runs. But they're…

Trading Process and Strategy

Traps Just Before RTH Open – 5

  Last Friday at 9:28am, just two minutes before the Regular Trading Hours (RTH) Open, the market suddenly jumped. That's right – it's a trap RIGHT BEFORE the regular session open. See here if you missed the prior articles: https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open/ https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open-2/ https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open-3/ https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open-4/   Here is the general idea, in both bullish and bearish form:…