The key to seeing potential sources of orderflow which can move a trade to profit, in any market, in any timeframe, is to…
… see the pain, not the price!
Happy trading,
Lance Beggs
Similar Posts
Momentum Doesn’t Always Continue
I love these patterns so much. Let’s do it one more time. I know… we’ve done this a couple of times already – see here – and here. And of course, those with the YTC Price Action Trader should look to Volume 2, Chapter 3, Page 143, for the same idea expressed on the Trading Timeframe. But I want to…
Trading Problems – Maintaining Focus
I once heard a statement by Rebecca Fine of www.scienceofgettingrich.net that says something along the lines of “If what you’re thinking about isn’t something that you want to have happen in the next three minutes… get rid of the thought and think something else.†While that’s a great way to live your whole life, and I certainly…
Price Bar Reversal Patterns – Video 8 – The Island Reversal
Price Bar Reversal Patterns – The Island Reversal
6.18 Reasons Why Fibonacci Is An Illusion
Some people are not going to like this article. That’s fine though. We may just have to agree to disagree in the end, because this is an argument that has been going on forever on trading forums without ever finding any common ground. Of course… my side of the argument is the right one… but some people…
What to do if You Missed the Opening Drive
If you miss an opening drive… LET IT GO. You don’t need to catch EVERY move. Keep your focus ahead of price. If your read of price is correct, where should it go next? Where will that provide trade opportunity (if at all)? What price movement will be required to validate that assessment?…
Trade When You See Edge. Stand Aside When You Don’t!
A few weeks back we discussed a quick and simple method for identifying a “bigger picture” directional bias. See here if you missed it and want to review the idea – Part 1, Part 2. The second article generated quite a bit of good email conversation, with several traders now adding this to their current trading process….