Q. What is the YTC Scalper
The YTC Scalper documents my evolution as a trader, as I took the YTC Price Action Trader methodology to even shorter timeframes... with the trading timeframe now being 1 minute and the lower timeframe being 1-range.
Operating on such a short timeframe presents new challenges... in particular too much information, too fast.
Adapting the YTC PAT strategy required a rethink about how we profit in these markets... and a breaking down of some well established beliefs... because at these timeframes, some of the routines and procedures which are effective on higher timeframes are not only irrelevant, but also quite possibly dangerous to your session P&L.
YTC Scalper explains in a step-by-step fashion:
The result for me personally was a renewed passion for trading; a simpler (although equally as challenging) process that was more enjoyable than ever before.
Here's the end result for you:
Q. Who is this for?
This ebook is only relevant to previous readers of YTC Price Action Trader (an essential prerequisite) who are interested in intraday scalping of the FX Futures or E-mini Futures markets.
I do not recommend it for forex traders due to the increased costs associated with their spreads.
In addition, it makes use of Keltner Channels and range bar charts. If you don't have access to them.... well, maybe you need to upgrade your charting platform first. :-)
Q. Can I see some sample pages?
Absolutely... (Left click to open them as a pdf within a new browser window, or right click and select Save As to copy to your computer)
Q. Why was this not just included as part of the YTC Price Action Trader?
At 590 pages of quality trading education, the YTC Price Action Trader ebook series was already long enough.
And more importantly, the fact is that the YTC Scalper will not be relevant to many of who trade the longer timeframe YTC PAT methodology. So, to include another 200+ pages would result in a cost increase for everyone and waste a whole lot of paper for most.
Q. But what if I want to trade higher timeframes?
Then the YTC Scalper is maybe not for you. It's not essential reading.
The YTC Price Action Trader is a complete strategy.
However... the YTC Scalper does offer a simplification of the trade entry and management processes. If you're struggling with the YTC Price Action Trader entry, through lower timeframe pattern-based triggers, then this may be something you wish to explore, adapting the simpler YTC Scalper processes to your higher timeframes.
Q. What if I just want to trade the YTC Scalper timeframes, and not the higher YTC Price Action Trader timeframes?
YTC Price Action Trader is an essential prerequisite. You will need to follow the complete journey from start to finish.
YTC Scalper can is best considered an expansion of the YTC Price Action Trader material.
If you attempt to start with YTC Scalper, you'll be missing much of the underlying principles that come from the YTC Price Action Trader theory of markets and approach to analysis. This material is assumed knowledge, and is not repeated in the YTC Scalper.
Frankly... without YTC Price Action Trader first... you're missing some key components and will be wasting your time.
Q. Can I have some more samples?
Ok... how about some diagrams from the book showing a couple of trades...
Q. Where can I get it?
If you already have YTC Price Action Trader, you can get YTC Scalper from this page... Order Now
If you don't have YTC Price Action Trader (an essential prerequisite), you can get both here: http://www.YTCPriceActionTrader.com
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