Price Bar Reversal Patterns – The Hook Reversal
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The Other Trader
I find it interesting that VERY FEW people discussing their trades with me ever talk about "the other trader". They always talk about the technicals – the price patterns and (if a little more astute) the strength / weakness analysis. I get it. That stuff is important. I suppose I'm guilty of this as…
I’d Take These Trades EVERY TIME. Here’s Why…
Win, lose or draw! I'd be happy to take these trades EVERY TIME. Let's start with some much higher timeframes to give you some context. So there is good potential for strong directional movement below prior lows. Any break to new lows… I'll be all over any BPB weakness. And even better… if the…
Support and Resistance on Composite Indices
Every now and then I get a question I just can’t answer, which is great because it gives us both an opportunity to learn. If anyone can help with this, I’d love to hear your thoughts. Please email me. Here’s the email Q&A… Hi again Lance, I have a real question to ask as I…
Reader Email – A Breakthrough in Understanding Sentiment
The following email was received from a YTC Price Action Trader reader who has had a breakthrough in understanding how price movement (or failure to move) can influence trader sentiment. Well done! The next step is being able to see this effect playing out across two timeframes, seeing how the shift in lower timeframe sentiment…
Daily Market Structure & Price Action Study – 4
Week 4 of 4 while I'm away from home… From the original post: 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 that takes no more than five minutes, but…
The First Loss – How Will You Let It Affect Your Mindset?
Last week's article led to an interesting comment about the sequence preceding the one discussed in that article. Check it out here if you missed it – How to Enter When the Pullback Shows Strength! The email feedback expressed an interest in the fact that the session started with a loss and yet I…