I didn’t trade this; I typically stop my session around 2am. But it’s such a great example that I thought I should share it. (Yes… I get excited by price action!!! 🙂 Whatever you want to call this – turtle soup, pump fake, prairie dog pop – they’re a great setup idea. (a) price extreme (b)…
One thing I love about the really low timeframes is some of the unique patterns they create. One of these is the ledge… or multiple bars pushing against one price level creating a short-term support or resistance level. Yes, you can get these on all timeframes, but they form more purely on the lower…
Context is far MORE IMPORTANT than the trade entry trigger. One of the dangers that newer traders face is too much obsession with Lower Timeframe or Trading Timeframe entry trigger patterns. I’ve been there myself. We all seem to get stuck there. Entry trigger patterns are exciting. They’re simple to see. And most importantly, they…
Lower timeframe (LTF) entry patterns can also trigger exit. Perhaps that’s obvious? Perhaps not? In any case, as I used an LTF trigger pattern for exit during the week the following thought crossed my mind – “I don’t recall discussing this via the newsletter” So here we are… There are MANY entry trigger patterns….
I had no plans to continue the recent article series but the market had different ideas, so here we are! First, if you missed the prior articles then see here – https://yourtradingcoach.org/trading-process-and-strategy/traps-just-before-rth-open/ And here – https://yourtradingcoach.org/trading-process-and-strategy/traps-at-the-open/ And that brings us to today’s sequence… We’ll start with a quick look at the prior day and overnight session, for…
Sometimes a slight change in perspective can make ALL the difference. The light bulb comes on. And what was once hidden is now blindingly obvious. It’s my hope that today’s article may well provide someone with one of these paradigm shifts, as it relates to the mindset required for trade re-entry. If you operate with…
The LOST Files – 150 Lost YTC Blog Posts By Lance Beggs yourtradingcoach.org The LOST Files – 150 Lost YTC Blog Posts by Lance Beggs Published by: LB68 Publishing Pty Ltd PO Box 4097 Kirwan QLD 4817 Email: support@yourtradingcoach.org Copyright © 2015. Lance Beggs. All rights reserved. No part of this publication may be reproduced…
