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
Candlestick Patterns – Candlestick Design
One of the advantages of low timeframes is that you can FEEL the price action. By "low timeframes", I'm referring to any timeframe which allows you to watch the screen continuously. So we're probably talking anything in the range of 5 minute charts and lower. Operating on higher timeframe charts, where you're only getting…
I was asked during the week by a reader (MB) why I don't show more losing trades in my newsletter articles. This is a great question. The reasons are of course less than perfect – all typically ego related – so I won't go there. 🙁 However MB has a good point. There is great…
Metagame Entry – Recognising that entry is not just about price or patterns, but about the people behind the price and patterns. And in particular the times when they’re experiencing frustration, pain and disappointment. Because the best opportunity comes when I can feel someone on the other side of the market getting it REALLY wrong….
The vast majority of my trades lately, maybe 95%, fit within one of two broad categories. (For those with the YTC Price Action Trader, the first category will include all variations of PB, CPB and BPB trades. The second category will include all variations of TST, BOF and any "reversion to the mean" scalp…
Losses are not something to fear. They provide valuable information – either your bias was wrong or your timing was out. The chart below shows the 30 min 6B chart (GBP/USD equivalent) prior to the UK session yesterday 8th July 2010.
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/