The one thing every trader should do when trading false breakout

٢١ أكتوبر ٢٠٢٠

In the trade review section, I explain in detail the one thing that you must do as a trader when you trade the false breakout in order to increase your winning rate. Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 21 Oct 2020 trading session. In this video, I show you the market recap during the last session and trade reviews 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.

Check out my daily market analysis video in the last session below 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: 3490–3500, 3460; Support: 3390–3420

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

Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.