Candlestick Patterns – Evening Star
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Are Short Timeframes Just Noise?
Are Short Timeframes Just Noise? (And Other Scalping Feedback) Thanks to everyone who provided feedback on the Scalping article last week – https://yourtradingcoach.com/trading-process-and-strategy/scalping/ It appears this is a market approach that interests quite a few people. Expect to hear more in future. For those of you not interested though, do not despair. There will be…
Supply / Demand Trade Review
More great email Q&A, that allows us all to learn… Hi Lance, I would like to know what would you do if you are faced with the trade situation as in shown in the attached files. I’m seeing in the one-hour chart that the supply and demand is in equilibrium, then supply is greater than…
Support and Resistance – the Greatest Trading Tool
Despite all the hype from the internet marketers who try to sell you the latest trading ‘secrets’, the fact is there are NO secrets. Identify setups which provide the potential for lower risk and/or higher probability trades. Enter and manage those trades in a consistent and disciplined manner. Minimize risk. Manage your money. Manage your…
A Failed Break of a Range will lead to a Test of the Other Side
Here's a great email question from a reader: Question: I'd like to get your opinion about a question I saw on a forum. To be honest I wonder if there is a proper answer but nevertheless I think this behaviour occurs often. It is a form of strong rejection at an extreme of a range…
This is the REAL Challenge of Trading
Price has collapsed rapidly at the start of the new session Following the initial low, then a retest, price pulls back to offer us a 3-swing-retracement entry short (also could just as well be considered an upthrust). (Chart Info: Crude Oil, 20 Jan 2012, 1-min chart; although the concept discussed in this article applies to…
Daily Market Structure & Price Action Study – 1
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 that takes no more than five minutes, but which offers incredible value to your own learning and development. Sometimes this study…