Price Bar Reversal Patterns – The Bullish Rejection Pattern
Price Bar Reversal Patterns – The Bullish Rejection Pattern
Did the market open and drive strongly in one direction, with you sitting on the sidelines unable to find a way in? Don’t stress. There is good news. Let me share some email Q&A from a reader of the YTC newsletter and YTC Price Action Trader ebook series, and then I’ll add some additional comments…
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…
The key to early recognition of potential change in structure is in observing and identifying "SOMETHING DIFFERENT". I absolutely love this example which has been building now since the beginning of the year. This does not mean that the uptrend will end. It's just a warning sign. A clue that the sentiment driving the…
Candlestick Patterns – Doji
The path from entry to profit target is rarely a straight line. Especially when market structure gets in the way. In today's example we have an area of resistance, right in the way of our trade. Given the potential for some reaction off this area of resistance, we have two options. We could hold…
Late last year I released a popular series of two articles which dealt with the topic of "Winning through Losing Better". You can see them here if you missed them: Part One, Part Two. I was reminded this week of a comment from Part Two. Here's the relevant text from the article: Search for market…