Price Bar Reversal Patterns – The Open Close Reversal
Price Bar Reversal Patterns – The Open Close Reversal
Do you know what is better than receiving an email from a trader excited about a huge win? When that email contains no mention at all of the profits (approx 125 points in this case). Instead the email shares excitement about the context. The structure. And the way the market set up and allowed this…
See here if you missed the earlier articles – No. 1, No. 2, No. 3, No. 4, No. 5 The concept: I've been writing online for over a decade now. And for that whole time I've been promoting the idea of daily study in both Market Structure and Price Action. It's a simple task…
Last week we looked at a session that caused me some troubles. See here if you missed it – Good Trading Isn't Just About Winning Trades. It wasn't a losing day. A "bad" day isn't necessarily a losing day. This one profited. Cycling from negative to positive and back again to negative and then…
The YTC Price Action Trader provides clear definitions for a trend – uptrend, downtrend and sideways trend. But despite this, there will be times where price action offers something that is not so easy to read. One of these times can be immediately following a news release: It would be great if the…
Fact: There is a disconnect in the mind of the novice trader. They know that not every trade will win. But upon entering a trade, they desperately hope that it will win. Hoping your trade will win increases the potential for poor trade management. Hoping to win means difficulty taking a loss. Hoping to…
There is great opportunity available in the markets when OBVIOUS expectations fail to be met. Sometimes you see these coming. Other times you need to find yourself on the wrong side of the market first. But if you understand this concept and can recognise it as it sets up, you can quickly reorient yourself and…