Reverse trading? Huh? Trade at that level?
First of all, please allow me to apologize.
To grab attention, I deliberately used a strong title.
If anyone felt uncomfortable, I’m sorry.
However, in this article, I want to deliver what is essential clearly.
I would be glad if you read to the end.
I know it is in a rising trend.
That’s why I bought.
At that moment, it moves in the opposite direction.
After hitting the stop loss, it then extends in the direction you had expected.
“The direction was correct, so why…?”
If you are repeating this many times,
I must tell you something hard.
That isn’t bad luck.
It isn’t that the market is aiming at you.
You are buying while the price is moving toward a pullback.
The cause of the reversal is simply that.
■ Check if this applies to you
□ When you know it’s an uptrend, you buy and it reverses against you
□ You bought thinking it was a pullback, but it continued to fall
□ You can’t judge how far the pullback will drop
□ After being stopped out, the price often returns in the direction you expected
If two or more apply, what is written in this article is the cause of your retracement.
■ Even in an uptrend, prices do not rise straight up
For example, suppose the four-hour chart is in an uptrend.
Even in an uptrend, prices do not rise straight up.
They rise, then fall toward a pullback, then rise again.
They keep moving up by repeating this pattern.
The problem is the moment when prices are moving toward a pullback.
This phase moves in a way that is very hard to read.
If it drops, it rebounds a little; if it rebounds, it drops again.
People look at that small rebound and buy, thinking the pullback is over.
■ The direction is right, but the buying point is wrong
“The four-hour chart is in an uptrend, so I should buy.”
That line of thinking itself isn’t wrong.
The direction is correct.
However, if you buy while prices are moving toward a pullback,
after you buy, prices will continue to drop toward the pullback.
You will be stopped out.
And then, once prices reach the pullback, they rise in the direction you expected.
Even if the direction is correct, buying while prices are moving toward a pullback leads to a retracement against you.
I know this sounds a bit harsh, but
buying without knowing where the pullback is is like getting off a bus without knowing the destination.
■ What you can learn from the video
・How the phase moving toward a pullback looks on an actual chart
・The difference between places where buying reverses and places where you should wait
・How the movement toward a pullback looks on a lower time frame
・Two questions to confirm before entering
■ This video is for you
・If you know it’s an uptrend but buying makes you retrace
・If after a stop-out, the price often moves in the direction you expected
・If you often find that you bought at a pullback but it was still in progress
From here on, I will explain carefully using real charts in a video.
▼ Paid from here