Today i made a mistake, usually I am aware that when the market makers whack price down, (red candle) especially after a news announcement, it is heir way of sucking in the orders to get their positions filled. In this instance, either closing shorts/longs or getting longs in at lower prices.
We will never know what the market makers are doing, but we can build a good consensus of what they are trying to do.
News today made the over sentiment be dovish. Price had dobule topped, and also gold has been making new highs.
My position is still live and will be looking at setting stop losses in to reduce overall risk.
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