MagnusTradingGroup

Whale analysis #1 - Stop running

BITSTAMP:BTCUSD   Bitcoin / Dollar
An easy method that I'm using to anticipate whale behaviour. Identify stop hunts, messure how much the whales drove price up/down to run the stops, and then project the same distance x2 to x3 in the opposite direction to have an idea around what levels whales would like to take profit.
this looks really interesting, I always use wider stops at potential turning points to avoid stop hunts .
I haven't come across the term 'market whales' before, what do you mean by that, institutional traders ?
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If i had this type of knowledge i would never share it. DAm man u r something.
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Thank you for sharing your method!
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You are very welcome :)
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I liked it, found it interesting and I'm already a long term subscriber. Thanks.
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Thanks grahvity! I really appreciate your continuous support : ]
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interesting
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indeed :)
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