Trading With The Trend As A Reversal Trader - My Trade Examples -

Yes, that's right. It's possible to trade with the cu as a flip-flop trader and I will give you 2 examples of my recent trades where I practical this proficiency.

Let's set out with this calendar week's swap on the AUDNZD:

The left-hand Daily chart shows that we have been in a downtrend since early March with lower highs and lower lows. Since April, we have seen a optimistic run which lasted roughly 2 weeks but on Monday price printed a pinbar, indicating a young lower swing high. Tuesday then showed a pessimistic prevention, confirming the pinbar signal.

When we go to the 4H timeframe on the rightmost, we regard a Head and Shoulders and then a break of the neckline. The green arrow pointing to the left shows my accounting entry. Putt IT all collectively, this was a great confluence trade and umpteen of our pro members took this barter.o puzzle out the whole system and all explanations, addition daily interaction with me, click here: Learn much around

Plus, we trade 3 assorted such setups and a variety of re-entry setups in there.

Last hebdomad's trade was other model of how to analyze a daily-4H chart and then find reversal entries, using a trend-following higher timeframe approach.

We start connected the daily where, after a strong downtrend, we see a sequence of consecutive bullish parallel bars. This is a great first sign that the trend might be over and turning around. This is not enough to evenhanded enter yet but it provides us with enough entropy to start looking long trades on the 4H, specially after the regular inside pinbar. Along the 4H, we and so just go for our rules from our trading system and we find a great entry.

You can get a line, we started happening the daily timeframe for some trades, looked for information that the trend might comprise reversing Beaver State continuing into its original direction. On the lower timeframe, we then time the trades. IT's a larger misconception that reversal trading has to be 'catching tops and bottoms' and my organization is a mix between reversal and sheer following trading to get the best of some worlds. And, keep in mind, every new trend has to start with a reversal at one point. Hence, traders who understand how to read reversals make a big edge.