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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.
Mack is geared for day trades, where as YTC setups is for longer time frames as per YTC Beggs himself. YTC has scalper set up which uses Keltlner Channel (if I recall) which is in line with trend lines
As you say his YTC Scalper stuff is based on very short time-frames or tick charts.
However the YTC PAT course books are based around 30min time-frame usage for finding S/R, and 3min time-frame for trading, and to a lesser extent also switching to the 1min time-frame for timing entries.
Lance Beggs has written articles on his website relating to longer time-frames e.g. daily bars, and he is always stressing that the PA techniques are applicable across the board. I think he likes to encourage traders from all time-frames to read his stuff...
You can discover what your enemy fears most by observing the means he uses to frighten you.
Thanks Darkpool for explaining you strategy/method.
Hi @Adamus,
I am in the same boat. Starting on trading futures and learning Market profile from profiletraders Reza. It is not going to be easy but put my 1st month in and basically know the terminology now. But Profile (VP or MP) only tells you bias of the market, you still need some scalper method to trade in my view. Since Darkpool knows both you must be using unconsciously . Anyway I thought put my 2 cents in.