Price Bar Reversal Patterns – The Island Reversal
Price Bar Reversal Patterns – The Island Reversal
News released on Wednesday morning an hour before the RTH open. And the reaction was to spike higher and then lower and settle back within the range. Interesting. That’s not quite what I expected, but it creates two levels worth watching. Two levels that define a clear boundary between bullish, neutral and bearish zones. And…
Email from a YTC reader who I'll leave anonymous! 🙂 Hi lance. How are you? I wanted to ask you, do you use hard stops or mental stops? I had a trade today go wrong on me because I think either my stop was too tight or I shouldn't have used a hard stop….
Price Bar Reversal Patterns – The Bearish Rejection Pattern
Previous articles (if you missed them): It's a Process It's a Process – 2 It's a Process – 3 – Longer Timeframes Happy Trading, Lance Beggs
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…
Last week I shared a short article on trap entries and how they're applicable in all markets and all timeframes. It was essentially just based on the following image: This led to a comment on facebook as follows: "When you show an example like that it seems to be so easy, but to get in…