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THIS HAPPENS ALL THE TIME!!!
Australian Dollar / U.S. Dollar
Long
THIS HAPPENS ALL THE TIME!!!
By joebrownFX
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Updated
Jan 27, 2020
1
Cheer
Cheer
Jan 23, 2020
Check my previous post as to why, but here we have the same scenario. Lets see how both pairs play out.
Previous post -
Jan 27, 2020
Comment
Stop hunt in progress.
Traders told to trade off trendlines, and stops below. The banks know this, it enables them to place large orders by taking out everyones stops.
Remember for every buyer there needs to be a seller and vice versa.
The banks need lots of stop losses to place their huge orders. They need sellers if they buy, they need buyers if they sell.
banks
institutional
repetition
risk
strategy
Supply and Demand
Support and Resistance
TRAP
trendtrading
uptrend
Volume
winning
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