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Nemo_Confidat
Nov 16, 2020 12:50 AM

AUDUSD - SHORT; SELL it here! Short

Australian Dollar/U.S. DollarFXCM

Description

This is ready to go (Down).

Comment


Target: 0.7120

Trade closed manually

FLAT;-15 pips

Chances are this is going for one more Stop Hunt. - Too many SHORTs up her.

Trade active

SHORT; Target: 0.7150

Trade active

SHORT; Target: 0.7150

Comment


Stop Hunt under way!

Comment

SELL, sell, sell!!! - Very SHORT!

Comment

Trade active

SHORT

Order cancelled

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Comments
Khaizuran170810
hi sir..what do mean by stop hunt? is it indicating as the sell zone or stop hunting for sell?
Nemo_Confidat
@Khaizuran170810, Hello. It means that there is where the direction of the move will Reverse. - Ergo, revert back to the main (actual; real) direction. It's the Point of Reversal. E.g. The "Stop Hunt" is always Opposite to the real direction/trend of the market. It is solely designed (by FX Dealers and Hedge Funds) to push out all the participants in the market who would be otherwise correctly positioned for the up coming, major move. (That is where FX Dealers make their money!)
In this case - AUDUSD - it indicates to SELL there, when it seems like everyone is buying. (it is essentially the same as a "short squeeze".)
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