Nasdaq pre-market sweep and reclaim strategy – Part 2 [Video]

Kathy Lien BKTraders and Prop Traders Edge

Most Nasdaq traders assume that once price breaks the pre-market high or low, it has to keep going. Often, the best trade is the reversal.

In Part 2 of our pre-market trading series, Kathy Lee breaks down the Sweep and Reclaim, the highest probability of the three pre-market setups we trade. Instead of chasing the breakout, we wait for NQ to break a key level, trap traders on the wrong side, and then prove the move has failed.

You'll learn the exact 5-step rules for both the bullish and bearish version of this setup, how to avoid entering too early, where to take profit using the 50% retracement target, and real chart examples showing 70-100+ point reversals.

Author

Kathy Lien

BKTraders and Prop Traders Edge

Having graduated New York University’s Stern School of Business at the age of 18, Ms. Kathy Lien has more than 13 years of experience in the financial markets with a specific focus on currencies.

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