Major Trend Reversal Trading (Part 1)
Updated
The basic premise of Major Trend Reversals, From Al Brooks Video Series. I will be trading this way for a while.
Note
The Test of The Extreme, before potential reversal can be one of three things (if bull trend).1. Higher High
2. Double top
3. Lower High.
Most reversals will fail. Protective stop is 1 tick before the signal bar, so risk is small.
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