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YTC Price Action Trader (www.ytcpriceactiontrader.com)

  #91 (permalink)

Elite Member
London, UK
 
Futures Experience: Beginner
Platform: NinjaTrader, home-grown Java
Broker/Data: IB/IQFeed
Favorite Futures: EUR/USD
 
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Posts: 1,085 since Dec 2010
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trendisyourfriend View Post
I would guess Mack's method is easier as his setups are of two kinds: second entry or failed second entry at a trend line or EMA(20). YTC trades at horizontal levels of S&R based on strength and weakness analysis a la Wyckoff. YTC as many others considers trend lines as an illusion.

But they are all illusory. YTC PAT works because the support and weakness levels are self-fulfilling prophecies. The more traders who see the illusion, the better the prophecy is fulfilled.

You can discover what your enemy fears most by observing the means he uses to frighten you.
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