247: Djamal Adib - Stop Loss Hunting and Dancing with the Smart Money in Forex Trading
Chat With Traders
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Stop Hunting - Is That Correct?
The word stop hunting is a word that you use to describe a cartel like action of smart money. These are the moves so the price moves towards those target levels. The ones who didn't use stops, they may get over leveraged in the worst case and end up getting kicked out at a loss. We often see these days in that the market goes to the target level, and then once by the pit almost the target has been cleared, they snap back up. That's typical house key moves we see a lot these days.
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