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REVERSAL TRADING MINDSET

ArgusFX

Reversal trading refers mostly to the mindset that professional traders have in foreseeing the upcoming price movements before placing their orders.

Since the introduction of the online platforms and the ability to trade anywhere and anytime, there has been a false understanding as to the concept of prediction, where the currency pairs will move next.

There has been a false mindset that by observing and following the masses is the way. In other words, doing what the majority does will increase the chances of making the right prediction.

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Source: https://blog.argusfx.com/2016/06/09/reversal-trading-mindset/
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