Price Bar Reversal Patterns – Intro
Price Bar Reversal Patterns – Intro
Just three weeks ago we discussed The Mindset Required for Re-Entry. And the fact that a trade should NOT be considered over when your exit order is filled. You need to reassess the situation. Because sometimes you can see more clearly as you sit on the sidelines with no risk exposure. And sometimes… the move…
The following YTC Social Media post was just about a perfect example of the concept of trading failed expectations. I received a question on the facebook post about trade entry. So let's look at the trade I took in this area – a test of Low-of-Day support. Noting of course that there is one…
A fortnight ago we looked at a few trades which were entered using the concept of "buying because there are no more sellers"… or "buying because the market can't go down". https://yourtradingcoach.com/trading-process-and-strategy/things-do-not-change-we-change/ I've received some requests for another example. And two people asked to see what I'm looking at on the lower timeframe. So…
I trade low timeframes. Maybe you've noticed? 🙂 But I've always said that no one timeframe is better than any other. There are professional traders operating across the full spectrum, from watching the tape move tick by tick, right up to daily and weekly charts. There is no "best"; only what is best for…
The Metagame: Viewing the market not just as price movement and patterns, but also as PEOPLE whose trade decisions create the price movement and patterns. Metagame Trap Entry: Recognising places on the chart where other traders are trapped in losing positions. Feeling their frustration, pain and disappointment. And using that to time our entry, at…
As a discretionary trader, the MOST IMPORTANT question you can ask during analysis and trade management is: Where are the orders? I had an email chat this week with a trader, Bruce, who is progressing well in identifying potential sources of orderflow for trade entry. Bruce took a limit order buy entry at point B…