I tried to provide you in this example how not to trade and how to find high probability entries.
In this example EURJPY was longed by retail traders for two weeks for around 69% heard positions.
The lesson is very simple if the heard is LONG and tries to catch the bottom on EURJPY for example you will look only for shorts as the longs are not high probability due huge retail positions on long
What do you think ? Comment below..
In this example EURJPY was longed by retail traders for two weeks for around 69% heard positions.
The lesson is very simple if the heard is LONG and tries to catch the bottom on EURJPY for example you will look only for shorts as the longs are not high probability due huge retail positions on long
What do you think ? Comment below..