How to Trade Reversal Tops
11/19/2013 6:00 am EST
We are not trying to short at the very top of any strong move, but we want to recognize when a reversal is impending. By recognizing a few elements, we can find high-quality, low-risk entries with good reward to risk and catch the turns.
Watching carefully how steep a move is, and the arrangement of the candles, will make a big difference in your profit potential. We can also use signs of a potential reversal as a way to manage our trades. Ron Wagner will share some techniques with you about reversal tops! You will gain a lot of insight from this video that is less than three minutes long.