I’ve been living and coaching this content for the past 15+ years and I am committed to your success. 90-day access to the Go Deep to Level Up Your Trading™ Community. Use our Find an Accountability Partner resource to find a trading buddy and connect outside the course platform. Which unlocks for you on completion of the course. This guide helps you quickly decode and resolve ANY future trading challenges using your mental edge. The science of high performance to become more consistent in your trading.

Feel the satisfaction that comes from having successfully achieved my daily process goal – holding the trade to give it chance to move to T1 rather than getting scared out at the first sign of stall. Note that in both visualizations – winning and losing trade – I successfully followed and achieved my process goal. Documented Procedures Our procedures manual provides standardisation and consistency in our daily routines, in order to minimise impulsive or unplanned behavior. But as I said, the only figures that are relevant are your own current win% and WLSR. Identify your current level of performance and just aim for gradual improvement. The YTC Scalper supplementary ebook may be of interest to you, as it outlines my approach to trading the emini futures, for 1-2 hours per day.

Price rises until we run out of buyers, or until supply increases sufficiently to absorb all the demand. Price falls while supply is greater than demand, and while those sellers are willing to sell at lower prices. Price falls until we run out of sellers, or until demand increases to the point it absorbs all the supply. Price movement is a function of supply and demand. Or more correctly…price movement is a result of supply/demand imbalance.

This market deceleration has offered some tempting entries long, which will attract many traders who are hoping to capture an early entry to a reversal. Entering at C, they become frustrated as price stalls sideways for a good 10 minutes or so, before accelerating downwards. Some will stop out on swing D, as it breaks the swing C lows. Others will hold, overwhelmed by fear initially, but then with relief as swing E takes them back into profits .

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As the author of two trading books, gratefully many reach out to me sharing their trading challenges and triumphs with the why and how. What I do in my writing is share my observations from working with and exchanges with these new and developing and high performing traders to our trading community. Simply written, motivational with unique content that leads any trader, novice or experienced, along the path of self-coaching.

The same concept applies to price action on charts. Changes in momentum are observed through changes in the slope of the price action, as we‟ll demonstrate through some diagrams and chart examples below. Momentum is visible on a chart through observing the slope of price movement. Figure 3.56 below demonstrates a graph which displays price on the vertical axis and time on the horizontal axis .

The ‘Holy Grail’ is you, not a magic system or indicator. Invest your time in watching the charts and use the YTC as a guide to understanding why price moves. After experiencing up and down trading results, I went back and spent quality time studying YTC Price Action Strategy again. This time I had more chart time behind me and more time studying the way price reacts. The best part is that there is a 60-day money-back guarantee on the plans. If you think the course is not worth the price, you can request a 100% refund within 60 days of your purchase.

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Additional Areas of S/R The vast majority of my S/R are defined by swing highs and lows, as described. However there are additional means of identifying S/R which you may wish to consider if they‟re prevalent in your chosen market. Individual price bars are the result of the dual auction process operating within the timeframe of that price bar. Each price swing is the result of the dual auction process operating for the duration of that price swing.

• Those trades are an exception, with the majority being scratched, small profit or small loss trades.
• Identify your current level of performance and just aim for gradual improvement.
• Step 2 – Define Trend Price has been in a downtrend for the last two and a half hours, currently pulling back to the vicinity of the last swing high.
• You may have heard the term contrarian, when used with regards to investing or trading.
• We‟ll talk more about how I scale out in the next section on Trade Management.

Who is in control of price – the bulls or the bears? Chart based examples will follow shortly, once the whole process is defined. Remember – the analysis we have conducted so far is just my initial assessment of likely future trend direction. I‟ll be updating that assessment bar by bar as new data unfolds. So, if I‟m wrong I‟ll see it in a very timely manner, allowing me to reassess and adjust my expectations.

The areas on the chart which are important for defining trend change or continuation are the areas of previous supply/demand imbalance – the swing lows and highs which define the trend. Price causing an EMA cross simply indicates that price has moved sufficiently in that direction in order to cause the average lines to cross. Where that does define a trend change, it will be because the market has also crossed a critical S/R area (or swing H/L) and found acceptance of price in that new area. The crossing of critical areas of previous supply/demand imbalance, and acceptance of price in that area, is the indicator of trend change. Firstly, they are not essential to the strategy – hence you‟ll usually see them as faint grey lines on my charts – sort of background information. Secondly, they are a hangover from previous trading approaches.

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They have a system that works, the training workshops are informative and cemented by understanding of some of the intricacies of the system. They have bee supportive of my on going development and given me coaching when i request. This takes work and its challenging your trading coach review me in ways I haven’t been challenged before. After much research into other trading programs, what sets the Lift Trading Program head and shoulders above the rest is their commitment to their student’s success through ongoing coaching for life.

Swing low G provides a lower high, followed by a lower low H. At this point, the trend has not changed, as move F-G-H could simply be a complex pullback within the continuing uptrend. This would be proven on continuation back above E. In figure 3.15, an area of resistance is defined by swing high A, and the top of a subsequent area of sideways congestion. I would mark this area simply as the upper tails.

Step 4 – Identify Future Trend Direction Step 5 – Visualise Future Price Action Step 6 – Identify Areas of Trade Opportunity Let‟s combine some steps here in summary form. Having seen weakness in the downtrend we expect some form of complex pullback, then continuation lower to again retest the support level, in accordance with the Second Principle of future trend direction. Price action required to validate our premise will be some form of continuation of this current move to new highs which then fails to show strength (ie. a second push higher which fails). This will provide our trade opportunity – a CPB entry on failure of the second push higher.

People do schedule appointments to ask about basic trading things and to figure out what market and style they should start with. You have an idea of how to trade but you need to fine tune things and work on problem areas that come up. Reviewing trades and providing email/video feedback usually takes about 10 minutes to 30 minutes, depending on how many trades/questions there are https://forexarena.net/ and the level of feedback required. If you’re self-employed or have trading income, your coaching may be a tax-deductible expense, meaning you could get a portion of the coaching fee back when you file your taxes. No BS swing trading, day trading, and investing strategies. This trader first got involved in the market in order to gain more knowledge about her personal investments.

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I had an idea of trading before but couldn’t quite tie in my methodology until I found Andrew. I wanted a trading strategy that involved real-time price action & confluence, Andrew offers this and much more. You a clearly well organised here and i was very impressed to see trades already placed on your account. I was particularly impressed with your breakdown of currency strengths using the daily charts as it’s so simple and so quick to do.

Note that part one and two can be managed differently. You may wish to be more aggressive with part one, moving its stop to breakeven while part two is given more room to prove itself. The same concept again applies for any movement beyond breakeven. As price moves further in our favor, we move the stop to new levels where we would no longer wish to be in the trade if price retraced to that point.

Cheers again for all of your commitment to your clientsI have had much success of late thanks to you. 14 came in winners, some not for very much but some did very well. I spent maybe 1 1/2 hours max in front of the computer and made $598.

It‟s hard to believe a statement that you‟re a consistently profitable trader when you haven‟t got there yet. This type of affirmation also offers little benefit during the trading process. In addition, take care to ensure that multiple positions are not in highly-correlated markets. A long position in GBP/USD and a long position in EUR/USD, both risking 1%, is really one trade short the USD with a risk of 2%, due to the high correlation of these pairs.

If price did subsequently fall from here, maybe I could have profited. But what about the times when it doesn‟t fall ? How far do you let it go against you, in order to prove you‟re right? ALWAYS EXIT WHEN YOU‟RE PREMISE IS INVALIDATED. NO QUESTIONS. Enough of that! However, risk was minimised, lessons were learnt, and it‟s time to move on to the next opportunity. I failed to accurately assess the strength and weakness within the market, and the impact that would have on potential future price action.

Exclusive to the course, for you to use again and again to build confidence, pinpoint the root of trading challenges and help your mind and body to access the flow state. Includes a Guided Meeting Money Visualization to help you decode your relationship with money. See every common trading challenge profiled and learn how to use this system to fast track reprogramming your subconscious mind for success. To guide you step-by-step through systematically building your trading mental edge.