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
The following trade review examples have been taken (with permission) from some email conversations with Josh, a trader of the YTC Price Action Trader methodology. He's still in the early stages of his development, developing confidence in his strategy and processes through historical chart review. He's doing this using ForexTester software which allows for trading…
When the market is stuck in a sideways trading range, the primary place to look for opportunity is at the upper and lower edges. When the market is stuck in a sideways trading range, the primary place to look for opportunity is at the upper and lower edges. Important References: Sideways Trend definition: Volume…
I trade low timeframes. Maybe you've noticed? 🙂 But I've always said that no one timeframe is better than any other. There are professional traders operating across the full spectrum, from watching the tape move tick by tick, right up to daily and weekly charts. There is no "best"; only what is best for…
Candlestick Patterns – Piercing Pattern
There's no greater source of motivation for me (and hopefully for you as well) as seeing someone achieve great progress along their journey to becoming a trader. Well done, Bijan! Excellent work! Reader Email: Hi Lance, A while back I was thinking to my self that the people that make the most money are the…
A trade is termed a free-trade once the stop loss is moved to breakeven, as it ensures that there is no longer a downside risk to the trade; only upside potential. However movement of the stop to breakeven is not always the best option. If done too soon it can take you out of a…
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.