WillSebastian

EURJPY and the MM stop

Long
FX:EURJPY   Euro / Japanese Yen
Good Morning, afternoon and evening traders, don't forget to click the follow button after reading my post for more expert daily analysis!

Here we have a clear example on our charts of a typical potential MM stop.

Larger trading bodies want a better price on their trades so they need to take a slightly lower price than the previous lows.

This is how they get a good deal, as often their trade size moves the market.

We can see this market movement with the daily green candle.

We are now looking long back towards our MA's.

Get Free Training + My Email Trading Markets Now Updates:

bit.ly/willsbpa

Free Discord Secret Server:

bit.ly/bpadicsord

Daily Mentoring On Zoom:

bit.ly/prottm

Posts Not financial advice.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.