Previous articles (if you missed them):
It's a Process – 3 – Longer Timeframes
Happy Trading,
Lance Beggs
Previous articles (if you missed them):
It's a Process – 3 – Longer Timeframes
Happy Trading,
Lance Beggs
A question received last Monday: "Are you trading today? It's a holiday but the market is open." For future readers… Monday was 11th November 2019. Veterans Day. And yes, the economic calendar which I use also has this listed as a US holiday. But the market is definitely open all day (or at least…
Recently I posted an article that smashed the record for the most feedback so far in 2013 – Gaining Confidence in Taking the Trap Entries. It seems that a lot of people got great value from this article. I’m very happy with that! One of my primary goals is to help people see the markets…
Let's start with a daily chart to get some "bigger picture" context… And now down to the trading timeframe… A little side note regarding the entry: While it may not be immediately obvious, this trade is a variation on the YTC Price Action Trader PB Setup. The pullback is all occurring within the one…
The vast majority of my trades lately, maybe 95%, fit within one of two broad categories. (For those with the YTC Price Action Trader, the first category will include all variations of PB, CPB and BPB trades. The second category will include all variations of TST, BOF and any "reversion to the mean" scalp…
I received an email last week from a student of the YTC Price Action Trader, which I ABSOLUTELY LOVE. Actually, I receive a lot of email which I absolutely love. But sometimes they just stand out immediately as something really special. It was a simple email, containing just one image (shown below). And the…
Trapped traders are a simple concept you may wish to incorporate into your trading strategy, due to its potential to offer higher reliability trade setups. Part 1 of this series introduced the 3-Swing Retrace. If you missed that article, you’ll find a copy at this address: https://yourtradingcoach.com/trading-process-and-strategy/trapped-traders-part-1/ In this article, we’ll look at setups which…
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/ytc-price-action-trader/
Thanks,
Lance