If you’d prefer to read The Importance of Exit Strategy, see the article series here:
Or in one PDF download here:Â https://yourtradingcoach.org/ebooks/
Otherwise… enjoy the videos…
A YTC reader Ryan asked if I could discuss a 210 tick move in Crude Oil that occurred at 11:25am ET on Thursday, March 15th 2012. Would you mind detailing the entry opportunity on that 11:25am short provided there was an opportunity? Thanks! This is the price move… (Note: the date/time difference is simply due…
A late pre-session breakout of key price levels… you know I love that. But there was one factor which suggested that I should be in no hurry to trade. Step back a little, define a “No Play†zone, and wait. Hindsight will show us it wasn’t necessary this time. But there are places on the…
Rather than reinventing the wheel through production of a YTC Beginners Guide to Technical Analysis, I’m going to use this article to refer you to existing internet resources that already meet this need in a comprehensive, accurate and easy to read style. This will allow me to focus on more advanced topics of “the application…
or… Why I held this trade drawdown longer than I usually would! On Monday I entered a PB short in expectation of a downtrend continuing lower. By far the best entry area would occur on a weak pullback to the shaded region (A). And the last Trading-Timeframe (TTF) green candle certainly makes it seem…
Price Bar Reversal Patterns – The Bullish Rejection Pattern
The market has opened and rallied. Not with great strength. In fact it’s quite slow. But it rallies with a clear bullish bias. It’s clear of all S/R levels, above the prior day’s high resistance (now support) and well short of the next higher timeframe resistance level. Trade opportunity in such a case is…
