Candlestick Patterns – Candlestick Sentiment
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Traps at the Higher Structural Level
One of the basic concepts underlying Technical Analysis, the YTC way, is that of traps. (See here and here for example. And of course here!) Usually in these articles when I've discussed traps it's been in terms of short timeframe setups or trigger entries. However the same concept applies at the higher timeframe structural level….
Reader Trade Review – ES Test of Resistance
I received a great email during the week from a trader who trades the E-mini S&P (ES). Let's check out an extract from the email: Hi Lance, I am on my second reading of YTC PAT and in the last couple of days read, again, about Increased/Decreased projection being an indicator of potential trend strength/weakness….
Wrong Wrong Wrong Right – 2
If there is one thing I want people to take away from all these years of writing about markets, it’s an acceptance of the fact that you do NOT have to get every trade right. New traders have this incredible need to be right. I know because I was there myself once. And because I…
Sports and Trading – Finding Your Forté
Your trading timeframe, market and strategy MUST be matched with who you are as a person. Until it does, I believe it’s impossible for you to achieve consistent success. This is discussed below in a great email exchange with one of the YTC readers… Email: Hi Lance, I actually read the three parts of “The…
Trading Timeframe Narrow Range Bar Entry – Part One
The more I trade, the more I love a Trading Timeframe (TTF) Narrow Range (NR) bar entry. Most of my trades involve an attempt to gain a low risk entry via lower timeframe (LTF) trigger patterns. Typically the TTF bars themselves are wider than I like. An entry on a break of the TTF bar,…
Candlestick Charting – Video 11 – Dark Cloud Cover
Candlestick Patterns – Dark Cloud Cover