Looking at this market to trade into the $4 area over the next 1-2 weeks.
Trade closed: stop reached:
The stop on this trade was hit in a classic stop hunt operation by the market.
The lesson here is not to do the obvious.
Stops should be placed at critical structural levels and sized accordingly.
trying to get a tight stop only to get stopped out by the composite operators is a loser's game.
The lesson here is not to do the obvious.
Stops should be placed at critical structural levels and sized accordingly.
trying to get a tight stop only to get stopped out by the composite operators is a loser's game.
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