Risk control was not there; opted for a value investor style of play, playing solely on location rather than IRR-maximizing play, focusing on triggers
M15 trap was there but it was not large enough for the reversal move I was trying to capture given the extent of rollover
Location was near the buyers on the HTF
Liquidity flow in the HTF was counter to the move I was trying to capture, although the countr-trade did have logic. But the rollover was too small for the H4 kind of setup here
M15 trap was there but it was not large enough for the reversal move I was trying to capture given the extent of rollover
Location was near the buyers on the HTF
Liquidity flow in the HTF was counter to the move I was trying to capture, although the countr-trade did have logic. But the rollover was too small for the H4 kind of setup here
Trade closed manually
Exited at 0.89162 as shown in the video
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.