Candlestick Patterns – Dark Cloud Cover
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Inside Bars at the End of a Price Swing
By far the majority of my trading decisions are based upon TTF setup areas and LTF pattern-based execution. Very rarely do I enter based upon the TTF price action alone, without any real reference to the lower timeframe chart. When I do though, it’s almost always due to the presence of a narrow-range Inside…
Reversal Pattern within an Opening Drive
Let’s start with the daily chart at the time of market open. Because it shows structure that has me VERY interested in trading to the LONG side. Let’s drop to the 1 minute trading timeframe chart, just three minutes after the open. Happy trading, Lance Beggs
What if you Narrowed Your Focus?
For those day traders who might be stuck in a cycle of continual failure… what if you narrowed your focus? Some days there might be no opportunity. That's fine. Other days there might only be one trade opportunity. Again that is fine. The idea is that this is not necessarily a permanent change to your…
Forex Opening Range Breakout Strategy
Opening Range breakout strategies are very popular in the stock and emini-futures markets. If you’re not familiar with these Opening Range breakouts, a Google search should also bring up more information than you can probably read in a lifetime. To greatly simplify the strategy, it essentially involves identifying the high and low price from the…
Traps… All Markets… All Timeframes – 2
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.
Opening Structure Trap
I do very much like a large Gap Open with a strong Opening Drive. But do you know what's better than a large Gap Open with a strong Opening Drive? How about a large Gap Open with Opening Drive failure and reversal to the opposite direction! We have discussed traps at (or just before)…