When it comes to trading reversals the key is patience. Enter too early without confirmation there is every chance you’ll be stopped out. Enter too late then you may miss the move.
Through the use of indicators (standard and custom) this video talks through my step by step approach of how to trade reversals.
Key areas discussion are:
Through the use of indicators (standard and custom) this video talks through my step by step approach of how to trade reversals.
Key areas discussion are:
- How to identify a trend through EMAs and pivots
- Understanding trend exhaustion using multiple timeframes and divergence
- Confirmation of trend reversal using natural support and resistance
- Entry, stop loss and take profit levels
All custom indicators can be downloaded in their individual thread links. I will add them to this thread this evening.
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