Like I stop loss hunting said before, and once all those stoplosses have been dried-out, price falls back down just as quickly! The breakout-thrust happens very quickly because, that is why its very dangerous to trade through news announcements if we are near a significant level of support/resistance you never know, all those stoploss orders triggering in cascade accelerate the move.
And they more obvious the stop loss hunting trendline or the support/resistance level the better for them. They can smell where retail traders (us)) have placed our stoploss orders,
Since we were in a downtrend, in the previous example, stop loss hunting are you with me so far? Most of the people who were short EURUSD also had a pending buy stop order (meaning their stoploss order)) few pips above that trendline.
Stop loss hunting
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Stop loss hunting in USA:
This is exactly what happens: 1) stop loss hunting They wait for price to reach that hot level (in the previous example,) 2) Then when trading volume is thin in the market (right at the news announcement,) thatd be the trendline near-abouts).
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A trader who thinks a stock might dip before moving higher has a variety of choices when deciding what type of order to place. Each choice has risks. Two of the easier-to-execute orders are a limit order and selling a put option (also known as.
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Again if you find the price under Sell Bitcoin better, I would suggest you go for it. By default, when you sign up for. BitOasis, you will receive access to wallet. And when you verify your account, you will receive access to 2 services, Wallet.
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Stop loss hunting
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In fact, my goal is to stop loss hunting enable several of my friends to build businesses that make them 2k-3k per month. So over this year I will be writing and showing you how to build a passive income on the cheap while you sit at home and think about your future. Now you wont get rich from this but you could if new cryptocurrency promising you continue to build from this point on.