This is a tough way to start a session:
Happy trading,
Lance Beggs
This is a tough way to start a session:
Happy trading,
Lance Beggs
Depth refers to the distance with which a pullback retraces the previous extension.
Price Bar Reversal Patterns – The Closing Price Reversal
Here was the general plan: I won't go into detail regarding the wider market environment and context within which the trade occurred. It's not the point of the article. Truth be told – it was a marginal trade at best. Ideally such a trade would be taken in a market with a strong bearish…
A great email question from Mike: I know you don’t trade stocks but I’ve always read that you leave gaps alone due to reversals. But take LOCM today; what’s the buy point? I’m thinking $4.30 or is this to soon, or would $4.50 be the safer buy. I found it at $4.30 but stayed away…
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…
I'd like to share a great question received this week which highlights a number of recent topics that have been discussed via the newsletter or blog – the irrelevance of individual trades, the imperfection of ALL exit strategies, plus patterns vs context and the way price movement influences other traders' decision making. Question: I stumbled…
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.