Price Bar Reversal Patterns – The Bearish Rejection Pattern
Price Bar Reversal Patterns – The Bearish Rejection Pattern
Do you remember the feeling of excitement when you first discovered candlestick patterns? Simple textbook patterns which promised to get you into every market reversal, right near the beginning of the move. If you’re like most of us traders, you bought a book on candlestick patterns, or scoured the internet for the best of the…
I received a question a few weeks ago asking why I haven’t shared many support & resistance trades lately. And asking whether or not I still trade them. It’s interesting that they’ve noticed this. The majority of my trades in the last year have been with-trend, seeking to profit from continuation of a directional market….
ID-NR4 is a market structure feature that I don’t purposely look for – my strategy should pick up these setups just due to the presence of S/R. However it may be a concept that appeals to you. If that’s so, it’ll make an easy addition to your analysis routine, taking about one second to determine…
Candlestick Patterns – Morning Star
Tuesday offered a beautiful pennant in the emini Russell market. But here’s the problem with patterns, as I see them.
Here’s some great Q&A with a YTC reader: Question: Hi Lance, I wanted to ask what do you do in a situation where price retraces just enough to scare you. I mean let’s suppose we just trade with one contract to make things more interesting. We consider setups that offer a 2:1 as R:R. You…