I took a bad trade.
A member of the advanced course asked me on Tuesday if they should trade a reversal set up that was forming on the EUR/USD 4hr and 8hr chart.
The reversal looked ok but there was a major flaw with the set up.
I told my student not to enter the trade as it was doomed to fail.
I entered the trade and shot a live trade video.
I took the trade in order to show you why it was a horrible set up and why it was doomed to fail.
You should watch the video below right through to the end as I reveal a lot of price action goodies in the last five minutes.
This is a HD youtube video, so click the gear icon to turn on 720p and watch at full screen.