Forex Market Maker Reversal Strategy
Step 1: Look for False Breakouts at Pivots and or Figures. Think like a Market Maker. Where would Market Makers be steering the crowd, only to reverse in the exact opposite direction?
Step 2: Look for a Double Top or Double Bottom Reversal Patterns.
Step 3: Optimize Your Entry. This means optimize your Take Profit and Stop Loss, while satisfying our minimum Reward to Risk Ratio of 2 to 1.
Market Makers are the creators of the Forex Market for retail traders. Without Market Makers, retail Forex Trading wouldn’t exist. However, there is something very important that you need to know. Market Makers didn’t create the Forex Market for you to make money. Yes, you heard right, and that’s the reason why over 90% of retail traders lose their money. Market Makers created the Forex Market so they can take your money. Learn exactly how they take your money so you don’t fall for their trading traps.