This is a tough way to start a session:
Happy trading,
Lance Beggs
Similar Posts
Applying a Degree of Confidence to Price Targets
I don't care how good your analysis is. There are NEVER any certainties that a target will be hit. So let's look at a little technique which can help your decision making during both the trade planning and trade management phases. This article idea was prompted by some great email Q&A I received recently….
Avoid These Trading Days
Most forex traders know that when the markets are open during holidays the volume gets a little quiet. But how quiet? Without volume figures it’s not really possible to tell, is it? To get an answer, why don’t we have a look at the fx currency futures, which do have volume and will give an…
There is a Lesson in EVERY Trading Session
There is not much that needs to be written on this topic. The title really says it all. There is a lesson in EVERY trading session. Your job, in maximizing your rate of development as a trader, is to find that lesson. Actually, there is more than one lesson in every session, but if you…
Learning from the Must-Trade Price Sequences
Almost all trading sessions will contain one to two price sequences which are absolutely the best. These can be the difference between an average session where you just grind out a small positive result and a great session where you hit it out of the ballpark. The price sequences which make your day. How you…
Test of Opening Range S/R
Recently I posted the following image to my YTC Facebook page: Let’s look at this Opening Range (OR) idea in a little more detail.
How I Define the Trend
I occasionally get email requests asking how I define the trend, so to save on future email replies here’s the short answer… It seems that perhaps many people assume I use an EMA, given that the charts shown in my newsletter typically display an EMA(20). That’s not my trend definition though. I use fairly standard…
Have been going through all the Chat with Traders episodes and got to your early one. So glad I did and found this site. Really great info here, thanks.
Thanks Tony. I’m glad you’re finding the site useful.
All the best of luck with your trading,
Lance.