Candlestick Patterns – Candlestick Design
Test of Opening Range S/R
Recently I posted the following image to my YTC Facebook page: Let’s look at this Opening Range (OR) idea in a little more detail.
Avoid What is Strong – Strike at What is Weak!
Avoid What is Strong – Strike at What is Weak! So in war, the way is to avoid what is strong and to strike at what is weak. … Sun Tzu, The Art of War Trading is not about prediction. Instead we let the marketplace reveal it's plan and attack only when we…
Definition – Projection
Projection refers to the distance with which a price extension projects past the previous swing high (in an uptrend) or swing low (in a downtrend).
Rock Paper Scissors – A Trading Analogy!
Yeah… I'm serious! Rock Paper Scissors! I know all the other trading educators are talking about poker and the lessons it provides in position sizing and trader psychology. I'd love to sound really cool as well and talk about No-Limit Hold 'em, or Aces over Kings, or all manner of other great-sounding terms. But the…
Recognise the Current Conditions. And Adapt.
I'm displaying charts without any trade markers here, so that you can focus on the price action without any distraction. Because there is a very important fact that not everyone gets. And rarely is it displayed in such a simple and obvious manner, as it is with the two charts we'll discuss today. That…