Beating Alpha

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TRADE, GOLD, 11.4.2017

TRADE SUMMARY: selling the aggressive rejection and break of market structure on retrace due to SFP

Pattern:

SFP

Good:

  • great rejection

Bad:

  • already touched 3x times – level already taken multiple times, ready for break

To Improve:

  • Trade first touch, H1 structure cannot lure you in a bad trade

Result:

-1R

SCREENS:

D1

H1

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