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NXT2017
Jan 19, 2024 3:13 PM

HOW TO IDENTIFY STOPLOSS HUNTER AND TAKE PART ON IT - SETUP -  Education

NZD/USDOANDA

Description

HI BIG PLAYERS!

Today I want give you smart WAY to take part on stoploss hunters. I know everyone of us hate it to be stopped out. But to be honest, stoploss levels means a huge volume level, that institutions use for cheap entries.

This is why I want explain how I take part on stoploss hunting. I look on 4h chart for high demand and supply zones. On touching these area we all can expect more trade exchange and more volume.

If the price bounce of this zone and break with CHOCH (change of character [smart money concepts]) the last trend, a lot of trader try to trade early as they can and the stoploss becomes calculatable.

As soon as the old trend is resumed, but in a narrow form, so that it is almost a sideways phase, then I identify stoploss hunter. The setup looks similar like this structure:



The good news: the stoploss to the last local point is very close and Risk-Return-Ratios of 1:3 are possible.

Comments are welcome!

Best regards

NXT2017
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