Originally posted by Cooder
And where Smart- a, did I say I entered on the 5m. I was in the trade and in the red, and
Trump came to my rescue.
Now you with all your knowledge , Instead of questioning my trading, you may want to
instead question some of the bullshit trades that go on in this Forum.
Mate you can trade how you want. All I'm saying is that pattern on the 5min is a classic. It's purely algos jumping in then it eventually dissipates to the level it was prior. If you managed to get in and grab some of the pips then good for you.
No need to get ansy about it. I didn't mean any offense and I apologize if you took my statement that way.
This is what I got taught years ago (how to spot a momentum news trade and one that's just algos);
I've seen this pattern so many damn times..
