1/29/2018

against late sellers

this trade is a model situation where i take long against late sellers.

the pattern is pretty clear - all the markets are running down, nasdaq 100 is little bit higher so the general public sees it as a "good opportunity" for selling.

live intraday trading orderflow - sierra chart footprint

but the general public is most of the time wrong.

the price retreats against them at least till the area where i can close my first target and make a risk free position..


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