Lijing wrote:Hey, Dragon, any idea how to avoid these kind of unfortunate trades..?
Analysis. Price came out of a s/r area, H4 was green.
On H1 (overlay) I saw a momo bar. Then I put on a M15 rat trade.
If you compare candlesize then you see there is NO momo up on the place where you start thinking to buy. All the up candles are small sized against all the descending candles.