Price Bar Reversal Patterns – The Pivot Point Reversal
Price Bar Reversal Patterns – The Pivot Point Reversal
If there is one thing I want people to take away from all these years of writing about markets, it’s an acceptance of the fact that you do NOT have to get every trade right. New traders have this incredible need to be right. I know because I was there myself once. And because I…
I love this part of a recent email conversation with a reader: “Why do you hate indicators so much? You can’t beat the simplicity of an MA crossover for holding the trend.†Haha. “Hate†is a bit severe. I honestly don’t hate them at all. I use some indicators. The YTC Scalper lower timeframe template…
Every now and then I get a question I just can’t answer, which is great because it gives us both an opportunity to learn. If anyone can help with this, I’d love to hear your thoughts. Please email me. Here’s the email Q&A… Hi again Lance, I have a real question to ask as I really…
Welcome to part 2 of our short article series on Advanced Candlestick Analysis. If you haven’t read part 1, you’ll find a copy posted at this webpage: https://yourtradingcoach.org/trading-process-and-strategy/advanced-candlestick-analysis-part-1-of-2/ In the last article we reviewed some of the key concepts from basic candlestick analysis: The importance of identifying the market context – where the pattern is…
A very small percentage of people who unsubscribe from my email newsletter take the time to advise me of their reasons why. This effort on their part is very much appreciated, as it allows me to see in some cases where I need to focus future articles. Last week, one of the unsubscribe emails contained…
I’ve said many times over the years that one of the key parts of my edge is an ability to sit on the sidelines and WAIT for more favourable market conditions. Patience! If you think about it, you might expect to take tens of thousands of trades over the next few decades. So if the…