Hi!
I have read that big FX players utilize stop-hunting egies. Can anyone explain how they do it?
Due
Hi!
I have read that big FX players utilize stop-hunting egies. Can anyone explain how they do it?
Due
Traders from large banks can see the customer's orders and their SL levels so they move the market to close them. See for example brief spikes following NY session near. The same is in the first hour of Frankfurt session, and throughout the first half an hour of London and NY session.Originally Posted by ;
Occasionally at periods of temporary low volatility they do the same throughout the day.
Kolejna sprawa to gra przeciw popularnym systemom.
Hope that this helps...
I don't know how accurate that is for retail traders since it takes a lot of cash to move the market. They wouldn't do it for just a few lots. Maybe they hunt the stops of institutional players or large boys but then again they should know better not to use SLs but plogical stops.
Any thoughts on this?
Edit: This was discussed here: https://forexintuitive.com/discussio...-software.html
thats not a classical stop hunting but an illuion of a brokers fraud.Originally Posted by ;
Read what broker.s state here:
quit hunting is a legitimate type of trading. It is nothing more than the craft of flushing the shedding players from this market. A quote from here
https://forexintuitive.com/discussio...t-advisor.html
simple. . .just place buy stop or sell stop instead of buy limit or sell limit for entering the order, and it must go in your favor ofcourse...
Hello woju2,Originally Posted by ;
Did you have a chance to read this article on investopedia.com:
http://investopedia.com/articles/for...topHunting.asp
There is nothing like quit hunting. Price is moving towards your stop due to lack of bandwidth in the prices going to your stoploss price