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landorra

56 Posts.

25/08/19

00:53

Post #: 40137133
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Originally posted by RickM: ↑

Its worth noting the previous day GU never took out the previous days high or low so the big players never made much coin on that day.
Therefore they normally follow up on the next day by taking out both highs and lows or they grind it hard in one direction to really cash in their profits by taking out many of the retail traders stops.
The good thing for clever traders is we just wait to see them play their hand first and then like a good poker player, take them to the cleaners like they take dumb retail traders to the cleaners.
So I wait to see which high / low they are hunting and either join them on a grind or wait till stops have been exhausted and take the reversal trade.

WHO SAID TRADING WAS HARD?

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LOL. That's a very good question.
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