An exit is never final… until the market SAYS it's final.
Another example:
An exit is never final… until the market SAYS it's final.
Happy trading,
Lance Beggs
An exit is never final… until the market SAYS it's final.
Another example:
An exit is never final… until the market SAYS it's final.
Happy trading,
Lance Beggs
Let's continue one of the secondary themes from last weeks article: "Trade against those who attempt to fight the market bias, aiming to enter at or before the point of their trade failure, to profit from their exit orderflow." One way I love to see this set up is via a double failure pattern. This…
Email Question: Could you please take a quick look at these setups and tell me what you think. Is my line of thought correct? With hindsight both of these pullbacks seem to me valid entries long. I think in both cases the small bearish traps at the end of PBs/CPBs play a significant role and…
Narrow-range half-day holiday sessions provide great structure from which we can trade. We discussed this idea previously. You might recall this social media example from June. Zooming into the 30 minute chart from that prior (June) example, we see how the narrow-range session provides both directional preference and setup locations. I’m not a fan of…
All Market… All Timeframes. 1. Determine the bias 2. Enter on a trap setup against the bias The following provides an example for longer timeframe equities traders, using a Weekly / Daily combination.
See here if you missed the earlier articles – No. 1, No. 2, No. 3, No. 4, No. 5 The concept: I've been writing online for over a decade now. And for that whole time I've been promoting the idea of daily study in both Market Structure and Price Action. It's a simple task…
“Knowing where the trap is – that’s the first step in evading it.“… Frank Herbert, Dune 100% true. And in trading, we can take this further. Knowing where the trap is allows you opportunity to profit as the trap is sprung. Let’s look at a recent trap provided in the E-mini Nasdaq charts. A fairly…
Brilliant analysis of examples and correct advises to readers. Keep it up. Look forward for more examples.
Thanks K.A. 🙂
Hi, Lance,
I would like to ask what these four symbols mean in the your charts: downward red arrow, upward blue arrow, left red triangle, right blue triangle, and blue connecting line in the penultimate chart.
Thank you.
Please see here for an explanation of how trades are displayed on my charts:
https://yourtradingcoach.com/other/how-trades-are-displayed-on-ytc-charts/