Looking for Reversal Entries

[Sprout]

Hi folks, I'm looking for a reversal entry signal on FX that I can work on, to add to my 'repertoire'.

Any good ideas or thoughts, signposts or directions? Doesn't need to have an edge but ideally some level of edge or in and around breakeven performance on back tests.

Any thoughts?

ICT's content on OTE would lay out some principles. He's been trading Forex for 20+yrs.

tldr; higher timeframes for key levels of reaction combined with his logic of Market Maker pricing models

 

[ElectricSavant]

A failed pullback trade.

Hi folks, I'm looking for a reversal entry signal on FX that I can work on, to add to my 'repertoire'.

Any good ideas or thoughts, signposts or directions? Doesn't need to have an edge but ideally some level of edge or in and around breakeven performance on back tests.

Any thoughts?

 

[Adelbert67]

Don’t take high risk in your trading because it leads to balance crashes and a threat to survival. So, traders should go ahead slowly so they can stay in the market for a long time and generate proper ideas over the market.

 

[SunTrader]

Standard reversal bar is:-

H > H[1] and C < C[1] and C < O for down move

and

L < L[1] and C > C[1] and C > O for up move.

Other qualifiers can be added. Below I've also required Reversal down signal to be above BBMidLine and Reversal up signal to be below BBMidLine:-