Price Bar Reversal Patterns – The Bullish Rejection Pattern
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Wait for the Fakeout
A common complaint I hear from traders is "the broker ran my stop!" Here's the thing though… it's usually not your broker. It's your failure to properly recognise the real nature of price movement. The nature of the markets is one of tests, retests and probes of prior levels. If you've developed a belief about…
Where Price Can’t Go
I'm always VERY interested in these places on the chart – the places where price can't go. The places where it tries… it pushes… but it just can't go there. This is opportunity. Let's start with the Higher Timeframe chart… Let's switch now to the trading timeframe… Reference… this is a BOF Setup as described…
Would Re-Entry Improve Your Edge?
I had an opportunity this week to review and comment on some trades, from a trader who is using the YTC Price Action Trader strategy in the emini-Russell futures markets. While not yet achieving consistent profitability, there are very strong signs of this potential in the future. One strength that was clear from the start…
When Struggling – Return to First Principles
Struggling with your trading? Always return to first principles and confirm that you're trading approach is consistent with these principles. From a trade entry perspective, this would include the following: You must aim to BUY at areas where you know others will buy after you, because their buying will create the net orderflow or bullish…
There is a Lesson in EVERY Trading Session – Part 2
Feedback from last weeks article has been superb. So I thought I’d give some more examples here this week. And I’ll use this idea as the initial concept behind a daily blog – commencing later today. 🙂 For these examples, we’ll look to a different market. This time the HSI (Hang Seng Index Futures) which…
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