Happy trading,
Lance Beggs
Similar Posts
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….
When Struggling – Return to First Principles
Struggling with your trading? Always return to first principles and confirm that you're trading approach is consistent with these principles. From a trade entry perspective, this would include the following: You must aim to BUY at areas where you know others will buy after you, because their buying will create the net orderflow or bullish…
One of my Favorite Setups
Don’t make things more complicated than they need to be. This setup is simple and it appears time and time again. Sell a rally to resistance in a downtrend Buy a fall into support in an uptrend Here’s one recent downtrend example.
Metagame Entry
Metagame Entry – Recognising that entry is not just about price or patterns, but about the people behind the price and patterns. And in particular the times when they’re experiencing frustration, pain and disappointment. Because the best opportunity comes when I can feel someone on the other side of the market getting it REALLY wrong….
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…