Price Bar Reversal Patterns – The Bearish Rejection Pattern
Price Bar Reversal Patterns – The Bearish Rejection Pattern
Hindsight analysis is always suspect. Our normal human biases have us believing that we would have made the optimal trade decisions. After all, they always look so simple with the benefit of hindsight. So I'm always hesitant to provide my thoughts on someone else's trade review. But it's the Christmas / New Year week…
Why was this trade a winner? Conduct your analysis and consider why the trade was a winner. Then scroll down towards the bottom of this page to compare your answer with mine.
Sometimes a slight change in perspective can make ALL the difference. The light bulb comes on. And what was once hidden is now blindingly obvious. It’s my hope that today’s article may well provide someone with one of these paradigm shifts, as it relates to the mindset required for trade re-entry. If you operate with…
The majority of my pre-session higher timeframe (HTF) analysis is conducted on the 30 and 5 minute charts. Exactly as outlined in the YTC Price Action Trader, in constructing an HTF support & resistance framework. Before this though, I always have a quick glance at the daily chart. Maybe 5-10 seconds at most. Daily…
The following is an excerpt from an email Q&A session, which offers a great lesson for us all to share – the importance of correctly assessing the bias. Email excerpt: …My problem is I get stopped out again and again most of the time before price goes in my direction. I have a 20 EMA…
A YTC reader Ryan asked if I could discuss a 210 tick move in Crude Oil that occurred at 11:25am ET on Thursday, March 15th 2012. Would you mind detailing the entry opportunity on that 11:25am short provided there was an opportunity? Thanks! This is the price move… (Note: the date/time difference is simply due…