Price Bar Reversal Patterns – The Pivot Point Reversal
Similar Posts
Structure within Structure
The following image was sent out via social media recently. In response to these postings, I received the following question via email: "Wondering about today's FB post about emotion driving the market. In the chart example you have given, is there any entry for YTC traders at all?" Great question! And very applicable,…
Candlestick Charting – Video 6 – Hanging Man
Candlestick Patterns – Hanging Man
S/R is a Decision Area, not an Impenetrable Barrier!
It can help to think of Support or Resistance (S/R) simply as a decision area. Too many traders seem to expect their S/R levels to form an impenetrable barrier guaranteed to hold and reverse price movement. Doing so will lead to much frustration and unnecessary losses. The following image is an extract from email in…
Simple Session Bias
Maintaining context is essential for effective price action trading. And while that is true for all timeframes, it's especially so in the lower intraday timeframes where you can easily get caught up in the tick-by-tick battle between the bulls and bears. My primary tools for context are the trend structure which I view on…
Candlestick Pattern Win Percentages
From time to time I receive a question at www.YourTradingCoach.com asking the winning percentages, or accuracy rates, for each of the individual candlestick patterns. It’s a reasonable question. The trader is hoping that by establishing the probabilities of success or failure, they can then focus more on the higher probability patterns and minimise their exposure to…
Random Markets? Absolutely Not!
Although my primary intent with this website is to provide my own articles and videos, I do also like to link to quality material on other sites, as it’s discovered by myself or a reader. Today I’d like you to read a four part series written by Adam from SMB Training on the randomness (or…