Reply To: Djamal, please comment…

#51074
FractalFreak
Participant

Hi IO,

obviously, that was a short trade.

Pros:
– There were juicy MTS right below the price.
– Overall more DM longies than shorties.
– Typical “failed reversal” setup.

Cons:
– No squeeze.
– “Out of range” scenario (“OR”).
– Expensive entry.

Never buy in such a scenario.

D

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