Price Bar Reversal Patterns – The Pivot Point Reversal
Price Bar Reversal Patterns – The Pivot Point Reversal
You don't have to catch the absolute top. If you miss it, or can't see it occurring till it's over, be patient. There is often opportunity available on a retest. Let's start by looking at two images shared a few weeks back on YTC Facebook and Twitter, and then expanding upon this idea with…
One of the advantages of low timeframes is that you can FEEL the price action. By "low timeframes", I'm referring to any timeframe which allows you to watch the screen continuously. So we're probably talking anything in the range of 5 minute charts and lower. Operating on higher timeframe charts, where you're only getting…
When the market drives in one direction straight from the open, I’m ALWAYS watching the first pullback for trade opportunity. A strong open drive might only happen a couple of times a month. But when it happens, I'm ALWAYS watching the first pullback for trade opportunity. Happy trading, Lance Beggs
The market opened and settled quickly into an uptrend. It was an environment I found difficult to trade for some reason. Decision making was poor. And I just couldn't get in sync with the price movement. This was a fact that became clearly obvious after two suboptimal trades (small profit so it's all good)….
Every session contains learning opportunity! In fact… multiple learning opportunities. Review EVERY one of your trading sessions. And find something! Whether it's in something you did poorly, something you did really well, or perhaps even something you missed entirely. There's a lesson. Find it! Whether it's a new insight. Or reinforcement of the basics. There's…
My preference for triggering entry is via a lower timeframe pattern breakout, such as shown in many examples throughout the YTC blog archives. For examples you might want to refer to the YTC Newsletter signup bonus ebook, “The LOST Files – 150 Lost YTC Blog Posts” for the following posts: Chart Patterns at the Micro…