Lance Beggs Review | Price Action Trader

Last updated: 20231230

Lance Beggs review | YTC price action trading education

Lance Beggs is sharing his widely respected approach to price action trading, after many years of contributing to the Your Trading Coach (YTC) Trading Newsletter. I’m extremely proud to recommend Lance Beggs’s trading course for the more experienced intra-day trader (does not suit the novice trader sorry).

Lance is an extremely good and well respected professional trader! He has an excellent understanding of critical topics including: technical analysis of price movement in context to market structure; risk management; money management strategy; the composition of what potential trading opportunities, using technical analysis, consist of (note this still does not mean guaranteed results); trading psychology; and what it truly takes to be a trader!
We are all grateful to Lance for providing such a complete and practical manual for his price action trading system. There’s no hype required… I’ll just let the table of contents speak for itself (please see just down below). Please note that this training is based on Technical analysis and so is not suited to copy traders or those trading based only on fundamentals.

Our Lance Beggs review confirms this is one of the very best quality and value intraday swing trading education for Forex, FX Futures & Emini Futures traders available!

  • Instant PDF download
  • Six Volumes
  • 590 pages of quality trading education
  • Including 377 charts and diagrams
NOW WITH 2 BONUSES!
  • FAQ Document (2 volumes) PLUS
  • 42 minute mp4 video (Future Trend – simplified)

Learn Lance Beggs Price Action Trading Strategies

  • Learn how to trade from Lance Beggs all for only $197 (USD)!

 

YTC ‘Price Action Trader’ Table of Contents

Volume One:  Introduction

Chapter One: Introduction
1.1   Introduction………………………………………………………………………….. 15
1.2   Scope – Strategy, Markets & Timeframes………………………………………. 17
1.3   Acknowledgments………………………………………………………………….. 19
1.4   Prerequisites………………………………………………………………………… 19
1.5   Feedback……………………………………………………………………………. 20
1.6   Contents Overview………………………………………………………………….. 20

Volume Two:  Markets & Market Analysis

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Chapter Two: Principles of Markets
2.1   Principles of Markets………………………………………………………………. 15
2.2   The Reality of the Markets………………………………………………………… 16
2.2.1   Trading the Shadows…………………………………………………… 16
2.2.2   Cause and Effect………………………………………………………. 19
2.2.3   What is Price?………………………………………………………….. 22
2.2.4   How Does Price Move? ……………………………………………….. 23
2.2.5   What are Markets……………………………………………………… 32
2.2.6   Summary – The Reality of the Markets…………………………..…. 37
2.3   The Reality of the Trading Game…………………………………………………. 38
2.3.1   How Do We Profit? ……………………………………………………. 38
2.3.2   Analysis for Profit………………………………………………………. 39
2.4   Effective vs Ineffective Trading Strategies and Systems……………………….. 43
2.4.1   Principles of my Effective Strategy………………………………….. 50
2.5   Conclusion.………………………………………………………………………….. 52
Chapter Three: Market Analysis
3.1   Introduction to Market Analysis…………………………………………………… 54
3.1.1   The Aim of our Market Analysis……………………………………… 54
3.1.2   Subjectivity vs Objectivity in Market Analysis……………………… 55
3.2   Past Market Analysis……………………………………………………………… 57
3.2.1   Support and Resistance………………………………………………. 57
3.2.2   Multiple Time frame Analysis……………………………………….. 72
3.2.3   Market Structure……………………………………………………….. 79
3.2.4   Trends…………………………………………………………………… 90
3.3   Future Trend…………………………………………………………………………. 113
3.3.1   Strength and Weakness………………………………………………. 113
3.3.2   Identifying Strength and Weakness…………………………………. 116
3.3.3   Principles of Future Trend Direction…………………………………. 145
3.3.4   Visualising the Future…………………………………………………. 153
3.3.5   What Happens After Support and Resistance Holds?………. 156
3.4   Initial Market Analysis Process…………………………………………………… 160
3.4.1   Initial Market Analysis Process Summary………………..………… 160
3.4.2   Initial Market Analysis Checklist…………………………………….. 161
3.4.3   Initial Market Analysis Example……………………………………… 165
3.5   Ongoing Market Analysis – Theory………………………………………………. 172
3.5.1   Determine Candlestick Pattern Sentiment………………….. 173
3.5.2   Consider the Context…………………………………………………… 180
3.5.3   Does it Support our Premise? ……………………………………….. 184
3.6   Ongoing Market Analysis Process………………………………………………. 186
3.6.1   Ongoing Market Analysis Process Summary………………………. 186
3.6.2   Ongoing Market Analysis Checklist…………………………………. 186
3.6.3   Ongoing Market Analysis Example………………………………….. 189
3.7   Practice……………………………………………………………………………… 200
3.7.1   Market Structure Journal……………………………………………… 201
3.8   Conclusion…………………………………………………………………………… 202
3.9   Addendum to Chapter 3: Alternative Questions for the Conduct of Price Action Analysis……………………………………………………………………. 203

Volume Three:  Defined Trading Strategy

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Chapter Four: Strategy of YTC Price Action Trader
4.1   Strategy – YTC Price Action Trader……………………………………………… 15
4.2   Setup Concept………………………………………………………………………. 15
4.2.1   The Expectancy Formula……………………………………………… 15
4.2.2   Principles behind the YTC Price Action Trader Setup Locations 17
4.3   YTC Price Action Trader Setups………………………………………………….. 25
4.3.1   Setup Definition………………………………………………………… 25
4.3.2   Setups Appropriate for each Particular Market Environment……… 41
4.3.3   Revisiting the Initial Market Analysis Process and Checklist……. 54
4.3.4   More Action – Trading In-between Setup Areas……………………. 56
4.3.5   When Price Movement Enters Setup Areas………………………. 56
4.4   Trading the Setups…………………………………………………………………. 57
4.4.1   Stop Placement………………………………………………………… 57
4.4.2   Targets…………………………………………………………………… 64
4.4.3   Entry……………………………………………………………………… 70
4.4.4   Trade Management…………………………………………………….. 99
4.5   The Trading Process……………………………………………………………….. 119
4.5.1   Trading Process Diagram……………………………………………… 119
4.5.2   Trading Process Checklist……………………………………………. 120
4.6   Practice……………………………………………………………………………… 123
4.7   Conclusion…………………………………………………………………………… 123
Chapter Five: Trade Examples
5.1   Trade Example 1 – BPB – T1 & T2 Achieved…………………………………… 126
5.2   Trade Example 2 – PB – T1 Achieved – Part Two Worked Exit……………… 138
5.3   Trade Examples 3 – BOF, BPB, TST – Sideways Trend within another Sideways Trend………………………………………..…….………………… 152
5.4   Trade Example 4 – CPB – T1 Achieved – T2 Trailed……….………………….. 167
5.5   Trade Example 5 – TST – Part 1 Stopped Breakeven – Part 2 Trailed……….. 177
5.6   Trade Example 6 – BOF – T1 & T2 Achieved…………………………………… 189
5.7   Trade Example 7 – TST – Part 1 Scratched, Re-entered & Stopped Out – Part 2 Stopped Out………………..………………………………………………. 200
5.8   Trade Example 8 – PB – Scratched – No Re-entry……………………………. 213
5.9   Trade Example 9 – CPB – T1 & T2 Achieved…………………………………… 225
5.10   Trade Example 10 – TST – Scratched & Reversed – PB – T1 Achieved – Part 2 Stopped (Trail)..……..…………………………………….………………. 235
5.11   Trade Example Summary Notes………………………………….…………….. 250
Chapter Six: Other Markets, Other Timeframes
6.1   Other Markets, Other Timeframes………………………………………………… 253
6.2   Examples – Forex………………………………………………………………….. 255
6.2.1   Additional Forex Considerations……………………………………… 261
6.3   Examples – Emini Futures………………………………………………………… 264
6.3.1   Additional Emini Futures Considerations……………………………. 269
6.4   Examples – Stocks & ETFs………………………………………………………. 271
6.4.1   Additional Stock & ETF Considerations…………………………….. 275
6.5   Conclusion…………………………………………………………………………… 276

Volume Four:  Your Trading Business

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Chapter Seven: Money Management
7.1   Ensuring Survival……………………………………………………………………. 15
7.2   Financial Survival……………………………………………………………………. 15
7.3   Money Management……………………………………………………………….. 15
Chapter Eight: Contingency Management
8.1   Contingency Management………………………………………………………… 26
8.1.1   Contingency Management…………………………………………….. 26
Chapter Nine: Goals & Targets
9.1   What Win % Should You Expect?……………………………………………………. 30
9.2   Ok… If I Absolutely Must!……………………………………………………………… 31
9.3   Stats…………………………………………………………………………………. 31
9.4   Another Option – For the Consistently Profitable………………………………. 32
Chapter Ten: Trading Psychology – A Practical Approach
10.1   Personal Survival………………………………………………………………….. 37
10.2   Prerequisites for Survival…………………………………………………………. 37
10.3   Mastery of Trading Psychology…………………………………………………. 42
10.3.1   Focus on Process……………………………………………………. 42
10.3.2   Peak Performance Mindset…………………………………………. 45
10.4   Maintenance of Peak Physical Condition………………………………………. 53
10.5   Psych Wrap-Up……………………………………………………………………. 58
10.6   Additional Study…………………………………………………………………… 58
Chapter Eleven: Trading Platform Setup
11.1   Trading Platform Setup…………………………………………………………… 60
Chapter Twelve: Trading Plan

12.1   Trading Plan……………………………………………………………………….. 65
12.2   Trading Plan Template……………………………………………………………. 67
12.3   Trading Plan – Explanatory Notes………………………………………………. 69
12.3.1   Cover Page…………………………………………………………….. 69
12.3.2   Preface…………………………………………………………………. 69
12.3.3   Introduction……………………………………………………………. 70
12.3.4   The Trader…………………………………………………………….. 70
12.3.5   The Trading Business……………………………………………….. 71
12.3.6   The Trading Process…………………………………………………. 74
12.3.7   Annexes……………………………………………………………….. 76
Chapter Thirteen: Procedures Manual
13.1   Procedures Manual……………………………………………………………….. 78
13.2   Sample Procedures Manual……………………………………………………… 78
Chapter Fourteen: Additional Documentation
14.1   Additional Documentation………………………………………………………… 106
14.2   Trading Journal Spreadsheet…………………………………………………….. 106
14.3   Trading Log………………………………………………………………………… 106
14.4   Motivation Journal…………………………………………………………………. 108
14.5   Lessons Learnt Journal…………………………………………………………… 108
14.6   Market Structure Journal…………………………………………………………. 109
14.7   Trades Journal…………………………………………………………………….. 110

Volume Five:  Trader Development

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Chapter Fifteen: The Journey
15.1   FACT: Most Readers Will Fail to Achieve Consistent Profitability………….. 15
15.2   The Journey………………………………………………………………………… 17
Chapter Sixteen: The Learning Process
16.1   Effective Learning………………………………………………………………….. 20
16.2   Deliberate Practice……………………………………………………………….. 20
16.3   Trade-Record-Review-Improve……………………………………………………. 21
16.4   Deliberate Practice Tools and Techniques…………………………………….. 22
16.4.1   Defined Trading Procedures…………………………………………. 22
16.4.2   Trading Logs and Journals…………………………………………… 22
16.4.3   Documented Review Process……………………………………….. 22
16.4.4   Market Replay…………………………………………………………. 23
16.4.5   Market Replay Alternatives………………………………………….. 26
16.4.6   Peer Review……………………………………………………………. 26
Chapter Seventeen: Taking Action
17.1   Taking Action………………………………………………………………………. 29
17.2   The Development Stages………………………………………………………… 29
17.2.1   Stage 1 – Establish Your Foundation……………………………… 30
17.2.2   Stage 2 – Simulator Environment…………………………………… 33
17.2.3   Stage 3 – Live Environment – Minimum Size……………………… 34
17.2.4   Stage 4 – Live Environment – Increasing Size……………………. 35
17.2.5   As You Progress……………………………………………………… 35
17.3   Taking Action – Alternate Strategies…………………………………………… 36
17.4   Challenges and Difficulties……………………………………………………….. 37
17.5   The Target………………………………………………………………………….. 41
17.6   Additional Study…………………………………………………………………… 41

Volume Six:  Conclusion

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Chapter Eighteen: Conclusion
18.1   Summary…………………………………………………………………………… 15
18.1.1   Principles of Markets – Summary…………………………………… 15
18.1.2   Market Analysis – Summary…………………………………………. 17
18.1.3   Trading Strategy – Summary…………………………………………. 20
18.1.4   Setups Poster…………………………………………………………. 29
18.1.5   The Learning Process – Summary………………………………….. 30
18.2   For Those Concerned That It Appears Too Simple……………………………. 31
18.3   And For Those Who Perceive It As Too Complex…………………………….. 32
18.4   Take Action………………………………………………………………………… 32
18.5   Wrap Up……………………………………………………………………………. 33
18.6   Supplementary Resources………………………………………………………. 33

YTC (Your Trading Coach) Price Action Trader Course Price

  • All for only $197 (USD)!

 

 

Disclaimer:
Forex and Futures derivatives are leveraged, complex financial instruments which require certain levels of experience. For this reason trading these financial instruments may not suit everyone. Forex & Futures trading carries high levels of risk. This high risk level may result in financial losses which exceed the initial deposit. It is therefore imperative you understand each of the potential risks involved.
This Lance Beggs review of his YTC Price Action Trader education was conducted through independent reviews, however the price action trading course reviewed on this page may not specifically suit your financial situation, personal objectives or needs.
If you’re unsure of potential risks or unsure whether you’ll have adequate experience and/or financial resources to trade these forex and/or futures products, you must seek professional financial advice before considering the Lance Beggs YTC (Your Trading Coach) Price Action Trader course or online trading.