Price Bar Reversal Patterns – The Pivot Point Reversal
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Patterns vs Context
Patterns vs Context – A Q&A Followup to the Better than Candlestick Series This email Q&A is with a YTC Newsletter reader, regarding the following article series: Better than Candlestick Patterns: part 1; part 2; part 3; part 4; part 5 Please review these articles if you haven’t read them already, in order to understand the following Q&A. Email…
Post-Session Chart Review
We recently shared some post-trade reviews from Josh, who is doing exceptional work in creating a trade review journal for his longer timeframe forex trading (daily charts). See the trade reviews here if you missed them: https://www.yourtradingcoach.com/trading-business/Trade-Review-Examples/ But a trade review journal is not the only option you have. Today I'd like to share a…
Higher Timeframe Trap – Everyone Long Above This Level is WRONG!
Most of the traps I trade come from the Trading Timeframe or Lower Timeframe charts. I don't watch the higher timeframe for traps. However, I do see them from time to time. And they can provide some nice trading opportunity. Ok, "wrong" is probably a poor choice of word. The reality is that we don't…
“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…
Clarifying Timeframe Confusion
I always attempt to be as clear as possible in my articles. It doesn't always work out though! 🙂 The following is a question from a YTC newsletter reader regarding what appears to be some contradiction between recent articles. Excerpt from Email: Contrast the article in this weeks newsletter (4/10/13), where you say you should…
Who Would Buy Here?
Seriously… who would buy here? Ok… enough talking in general concepts. I always get in trouble when I do this, because someone will email me including a chart which shows an exception to the rule. Whatever! Generally… it's not wise to buy in these areas. And this brings us to the point of…