See here if you're not familiar with the BOF Setup, why it works and how to trade it.
Happy trading,
Lance Beggs
See here if you're not familiar with the BOF Setup, why it works and how to trade it.
Happy trading,
Lance Beggs
Today we had three different breakout pullbacks with three different outcomes. The following charts show the trading timeframe first (one chart), followed by the lower timeframe detail (three charts, one per trade). A common question (although often appearing in different forms) is "but how do I know whether they will work or not?" Answer… I…
(Previous articles in this series: part 1; part 2; part 3; part 4) So far, we’ve discussed: A simple technique for classifying (or naming) candles and gaining a feel for short-term candle sentiment. The importance of context – examining where the current pattern is occurring within the market structure in order to determine the technical and psychological impact of that pattern…
Email Q&A: I would like to see a side by side comparison of the various candlestick chart patterns & equivalent bar chart patterns. In other words, what does a Shooting Star look like on a bar chart? The same with a Harami, Dark Cloud, Piercing, Engulfing, Morning Star, etc. Thank You!!! Response: No problems at…
See here if you missed the earlier articles – No. 1, No. 2, No. 3, No. 4 The concept: 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…
Price Bar Reversal Patterns – The Bullish Rejection Pattern
On Tuesday I shared one of my older facebook posts via social media. Copied here: Repeating the key points for effect: Learn to survive… and even occasionally profit… in the times when your read of the market is wrong. And that will leave you with confidence to attack the opportunity available at the…
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. 🙂