This trade is based on caught traders. Price had just made a sharp move down and was consolidating then in the circled locations depicted on the charts below traders were caught, the pressure from their stops being run drove this trade to profit.
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DislikedToday I destroyed the last 3 weeks worth of progress. I took 16 trades, and all of them were losses. I can hear the haters laughing right now. Its ok. Im so sick of being frustrated and angry I'll laugh a little too. This thread is titled "The Last Account" and no matter how it ends it will live up to its name. Ill come out on top or waste away and die.
I know what you are thinking... "was I trying to loose money"? I guess so.
Should have stopped myself at a certain point and walked away. Shoulda, woulda, coulda. Lots of that today....Ignored
DislikedToday I destroyed the last 3 weeks worth of progress. I took 16 trades, and all of them were losses.
[...]
I know what you are thinking... "was I trying to loose money"? I guess so.
Should have stopped myself at a certain point and walked away. Shoulda, woulda, coulda. Lots of that today.Ignored
QuoteDislikedWHY would you choose to trade such a short TF?
DislikedAudios Amigos,
May you all have better luck, may your trades run to profit, and may you weather the storms.
best to you all.Ignored