See here if you're not familiar with the BOF Setup, why it works and how to trade it.
Happy trading,
Lance Beggs
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Metagame Entry Timing
For Setup Definitions and discussion – see Vol 3, Ch 4, Pages 25-41 For those with the YTC Price Action Trader, you'll note that the entry is exactly at the point I define as the LWP. Refer to Volume 3, Chapter 4, Pages 72-77 for discussion on the LWP concept. Happy trading, Lance Beggs…
Acceleration Into S/R – Wait For the 2nd Chance Entry
Monday’s emini-Dow session offered two great examples of the higher probability way of trading a reversal at S/R, when price accelerates into the area. The examples occurred on the 10 tick chart, which I’ve been using as my lower timeframe lately, however the concept is applicable on all timeframes and markets (provided they offer suitable…
Price Bar Reversal Patterns – Video 9 – The Pivot Point Reversal
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In recent months we looked at a number of metagame examples – trading at places where the "the other trader" feels extreme stress or fear. You'll find some of these articles, if you missed them, here, here and here. Today, I thought we could look at another one. Because I just LOVE these setups….
Trading with the Right Expectations
One of the most common themes I see in emails is a tendency for traders to focus too much on the individual trade. Every day… "I can't believe this trade lost. Can you tell me what I did wrong?" Never do I get the following… "Looking at my longer term stats as they relate to…
Entering A Breakout Before The Breakout
A couple of years ago I produced a short video titled, “How I Trade Breakouts“. Have a look at it first if interested. In that video I discussed the fact that I don’t like to trade breakouts. My preference is to trade the first pullback following the breakout. That’s self-explanatory. As an alternative I also…
Your analysis of PA is unmatchable. Good job Lance. Hope to learn a lot from you through these blogs you post regularly.
Thanks, Vikas
Thanks Vikas, I’m pleased you’re finding value in my writing. 🙂