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TradeTheStructure
Nov 2, 2023 12:56 AM

Trade Reversals Successfully - Key Price Action to look for Education

E-mini Dow ($5) FuturesCBOT

Description

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.

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