Price Bar Reversal Patterns – The Bullish Rejection Pattern
Price Bar Reversal Patterns – The Bullish Rejection Pattern
We’ve had some focus in recent weeks on traps occurring right at the market open. Market Open Traps, Market Open Traps 2, Market Open Traps 3 Today… is NOT a trap at the open. But it’s closely related. And expands upon the idea. I’ve no trades to share for this one. With visitors, my trading has been…
Grind: Low volatility Significant candle overlap Weak price extensions Pullbacks that just refuse to break lower And it just goes on and on, well beyond when you expect it to stop. Unless you’re comfortable scalping within such a low-volatility environment, your best game plan is often to just stand aside until signs of failure. Of…
The more I involve myself with trader education, the more I realise that a key error on the part of most traders is their failure to truly understand and accept trade loss. I see it all the time in reader emails – “WTF! This trade lost! How could it have lost?” We all understand the…
We all love highly direction markets. Especially a strong momentum drive right from the open. But not every day is so kind to offer one. Sometimes price gets stuck at the open. And if we don’t have plans to manage ourselves during this opening chop we risk hitting our session stop before the day really…
A very common question I get (maybe once a week) is whether or not my price action methods are relevant to traders who wish to operate on higher timeframes. That’s understandable I suppose. The vast majority of charts shown on my website are focused on lower timeframes, because that’s where I currently trade. The YTC Price…
Keep it simple, traders. A month ago we discussed trading off news reaction highs and lows. You can find that article here if you missed it – https://yourtradingcoach.org/trading-process-and-strategy/trading-off-news-reaction-highs-and-lows/ This was the structure at the time… So I’m hoping that you took the lesson from that article and studied a few more examples from your own charts….