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The Proven Formula To Trade Trend Reversal With High Winning Rate

Ming Jong Tey
DataDrivenInvestor
Published in
2 min readSep 11, 2020

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Find out how to trade trend reversal with high winning probability and why it actually works.

Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 11 Sep 2020 trading session. In this video, I am going to show you the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.

Timestamps

  • 0:58​ Yesterday market recap
  • 4:20​ Trade review
  • 17:00​ Current market condition

Check out my daily market analysis video in the last session if you haven’t in order to better relate to the market recap and the trade review.

Bias — neutral (Day trading); bullish (long term)

Key levels — Resistance: 3380, 3450; Support: 3300, 3230

Potential setup — Look for potential reversal at the key levels.

Resources

Weekly Market Outlook & Best Trading Advice straight to your inbox: https://www.tradeprecise.com/

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Further Reading

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Written by Ming Jong Tey

I am a Wyckoff trader who practice kaizen in trading. Get Weekly Market Outlook & Best Trading Advice straight to your inbox: https://www.tradeprecise.com/

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