Trade Reversals Successfully - Key Price Action to look for
In the video I talk through the two trades namely trading continuation with Trend and then trading Countertrend Reversals. Both have their own price action points but are very different.
I review a continuation trade and the setups I look for when trading from level to level...but the main focus on the video is trading Reversals which can be very rewarding but also very difficult.
I like to stick to a few key points when looking for reversals, and they are :-
- Trade off an extension into a key level
- Trade off a higher low (for buys) or lower high (for sells)
- M pattern for entry confirmation or a minor lower high
In the video I explain the reasoning and how risk is managed.
** If you like the content then take a look at the profile to get more daily ideas and learning material **
** Comments and likes are greatly appreciated **
I review a continuation trade and the setups I look for when trading from level to level...but the main focus on the video is trading Reversals which can be very rewarding but also very difficult.
I like to stick to a few key points when looking for reversals, and they are :-
- Trade off an extension into a key level
- Trade off a higher low (for buys) or lower high (for sells)
- M pattern for entry confirmation or a minor lower high
In the video I explain the reasoning and how risk is managed.
** If you like the content then take a look at the profile to get more daily ideas and learning material **
** Comments and likes are greatly appreciated **
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.