Candlestick Patterns – Inverted Hammer
Similar Posts
Where Do You See Opportunity?
Here's an interesting little exercise that may help you to see charts in a different way! Where do you see the opportunity in this chart? Don't think too hard. There's no trick. Just first impressions. Where do your eyes instantly go if you're seeking opportunity for profit? If you're like most traders, I expect you'll…
Trading Timeframe Narrow Range Bar Entry – Part Two
Last week we discussed the Trading Timeframe (TTF) Narrow Range (NR) bar entry and looked at a trade example. See here if you missed it. You’ll want to read this first. (Link: https://yourtradingcoach.com/trading-process-and-strategy/trading-timeframe-narrow-range-bar-entry-part-one/) So now, as promised, let’s look at another trade example from later in the same session. (Again this is a difficult…
First Pullback in a NEW Directional Trend
REFERENCE: Definition of a sideways trend – Vol 2, Ch 3, Pages 99-102 Not all trade setups are equal. You need to collect and review your stats to determine which setups provide your A+ MUST-NOT-MISS potential opportunity of the day. For me, the first pullback in a NEW directional trend is one of these…
Higher Timeframe Forex – When The Market Can’t Push Lower
One of the key tasks I was looking forward to this last week, having recently overcome my long-term internet outage, was in catching up with Aaron Fifield's Chat With Traders podcast. And I must say it was AWESOME to come across episode 117 with Larry Alintoff. (Yeah… I'm a long way behind!!!) The reason……
Watch Post-Breakout Behaviour – 1
This is what I like to see in a breakout… This is a prime target for a breakout failure. But I don't ever just jump in and fade the break. There is never any certainty in this game. It may well rally. Instead, I watch post-breakout behaviour and CONFIRM that there are no…
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…