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
Post a Comment