Reply To: Trades – Week Ending 12/16/2022

#49091
FractalFreak
Participant

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):

Skip to toolbar