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Having started rereading parts of Thinking Fast and Slow I thought it was worth revisiting this
You need to be of a certain generation to get this…………..
Price is still meandering around the initial fail point. One of the mistakes I see traders make is that they see a chart like the one below and instantly drop into confirmation bias mode simply because price looks as if it might be moving higher. Current price action doesn’t really confirm whether this trade is…Details