Price Bar Reversal Patterns – The Open Close Reversal
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“But it’s scary!” “What if it fails?”
I received some interesting comments about a trade in a recent article – https://yourtradingcoach.com/trading-business/the-good-the-bad-and-the-ugly/ Here's an image from the article, showing the entry SHORT against a single wide-range bullish candle. Review the original article if you want to see the context behind the trade. For now though, I want to discuss some concerns that…
Sometimes You Get It Wrong Before You Get It Right
On Tuesday I shared one of my older facebook posts via social media. Copied here: Repeating the key points for effect: Learn to survive… and even occasionally profit… in the times when your read of the market is wrong. And that will leave you with confidence to attack the opportunity available at the…
Structural Entries Allow For Imperfection
If a trade is scratched or stopped out and the premise remains valid, you should consider re-entry. Of course, that’s easier said than done. You’ve just taken a loss. It’s hard to get back in and risk further funds. But here’s the thing… Given the uncertainty of price movement, it’s unreasonable to expect that you’ll…
Price Bar Reversal Patterns – Video 6 – The Hook Reversal
Price Bar Reversal Patterns – The Hook Reversal
Drive – Pause – Drive
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How Do You Know When To Exit
Trader Q&A… Question: Hi Lance, It was by pure chance that I found your site through you tube, but am I glad I did!! Good sound advice which if you take it, works. There is just one thing that always puzzles me and I hope you can help me with this. I have been looking…