Previous articles (if you missed them):
It's a Process – 3 – Longer Timeframes
Happy Trading,
Lance Beggs
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In previous articles I mentioned that my analysis involves monitoring price action, in order to gain an insight into the short term sentiment of the market. Determining who is in control at that time – the bulls or the bears. And assessing how they’re likely to respond to changes in the market. I thought today…
Even tho you have gone thru the process numerious times, I found this article to be very helpful and enlightening. The way you broke down the market and price action was excellant but the summarization of the process with graphics is very clear. I learn best through pictures and this really hit the nail.
Thank you for your awesome work and time.
Thanks Kevin, much appreciated. I’m glad you’ve enjoyed the article. This visual format seems very popular. I’ll be sure to do a few more in future.
Dear Lance,
First of all, kindly let me thank you very much for the “It’s a process” articles which are extremely useful and applicable like your other articles. And then let me say that teachers like you who face the traders with the clear realities of market and teach them the best possible method, are generous and blessed people which make the lives happy and bright.
Thank you and long live dear Lance.
Mehdi
Thanks Mehdi! 🙂 I’m glad you’ve enjoyed the article. You’ve made my day!
How to define a wholesale entry,
Because there are lot of options of price to buy after pull back,so
Which price is wholesale how to define that..
Hi Deeraj,
The method I use to define wholesale vs retail entry zones is in the course: https://yourtradingcoach.com/course/ytcpriceactiontrader/
Thanks,
Lance