How the Smart Money manipulates the market › Forums › Commercial › Trades – Week Ending 12/16/2022 › Reply To: Trades – Week Ending 12/16/2022
December 19, 2022 at 4:55 pm
#49091
So overall quite a beginner’s mistake, however, as you can see, you would not do that again if the points above are understood.
Never buy into an H4 reversal that has already started, UNLESS you either have a strong, ongoing squeeze (that already exists) and there are supporting factors, such as newer, proper shorties, a longer MTS target etc.
If anything, that was an H4 short trade for ADVANCED MK traders (who would only use low leverage).
In the latest session I did, you can also see my live prediction of the AU down-move (around 43:22):