Candlestick Patterns – Hammer
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One of the Best Habits I Acquired along my Trading Journey
I posted the following image on social media on Tuesday, showing a nice example of a false breakout and reversal from a period of volatility contraction. The important point though… and the one which offers the most value to you… is not the image itself but rather the text that was posted alongside the…
Price Bar Reversal Patterns – Video 5 – The Closing Price Reversal
Price Bar Reversal Patterns – The Closing Price Reversal
More… Anticipating Traps
In last week's newsletter we looked at a more enlightened way to use TA – anticipating and exploiting traps within the marketplace. Here's the link if you missed it: https://yourtradingcoach.com/trading-process-and-strategy/the-three-steps-from-ta-amateur-to-ta-professional/ Today, let's look at another example of the concept discussed in this earlier article.
Entry Before Breakout – Example
This example comes courtesy of some email Q&A, from a reader of the YTC Price Action Trader: Email: Hi Lance, Check out this potential awesome entry before the breakout… Many greets, Image: (* Click on the image to open a larger copy in your browser) Reply:
Targeting the Overnight High or Low – 2
Last week we discussed one of my current favourite plays for the first 30-60 minutes of the session – targeting the overnight high (ONH) or overnight low (ONL). You can review last week's discussion here. Just a few hours after sending out that email the market opened again. And the same concept played out…
Trading with Multiple Forward Projections
Today I want to take the concept of Project-Confirm-Trade up a level. First though, a quick review of the general concept, borrowing one of the images from that prior article. The rules I use for projection are outlined in the the YTC Price Action Trader.. See Volume 2 Section 3.3.3. And then it’s simply a…