Counter Trend Trading Setup


Counter Trend Trading Setup
This counter trend trading setup take advantage of  Potential Reversal  Zone . This Algorithm trading find the high probability of reverse trend so we can use it to have the entry with good risk: reward.  Potential Reversal  Zone helps trader take profit or watch the order closely if the signal appear on the time frame or bigger time frame of trade. It also helps  traders prepare for new trend and next entry. This set up content only 2 simple steps:
- First step :  Opening the Potential Reversal  Zone to find the signal, we recommend to use signal of time frame H4 and D1 to trade. In this illustration, we have signal Buy for GOLD D1 after very long downtrend before.

GOLD D1 has reversal signal for buy
- Second step: After we have the sign of new trend, we will open Entry Opportunities to wait for the entry signal in time frame smaller: M15-M30-H1



And when the entry signal appear, we normally have very good Risk reward. The patient always has reward. In this entry, Gold buy at 1208, this order stop loss at 1204 and take profit at 1218.


Comments

Popular posts from this blog

Crypto-Currency started new up trend or...?

Trend heatmap forex market 05- September - 2018

Signal to trade... Never easier..