Alex.Singletary

Clear example of stop loss hunting during the london session

FX:GBPNZD   British Pound/New Zealand Dollar
273 4 11
I had anticipated this to happen tonight. Big investors push the price back towards your "sound" stop loss because they know it will fill other sell orders, which consequently as they buy, will move the market up. Think smarter. Don't work harder.
Comment removed.
it takes a big investor to even move the market that much. can YOU move the market 10% with your little retail account? Prob not
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Gekko.uk Alex.Singletary
It has nothing to do with big investors. It's simple economics. The price has to reach a cluster of demand for it to continue upwards. There is no such thing as a "stop loss hunt".
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Hey opinions are like assholes... everybody has one xD
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Gekko.uk Alex.Singletary
lmao mine is 10 inches deep then
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