247: Djamal Adib - Stop Loss Hunting and Dancing with the Smart Money in Forex Trading
Chat With Traders
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Forex Trading Platforms - Stop Losses Are Important
A typical forex trading platform does not allow traders to see where all the stop losses are and at what levels. If you have a clear target price yeah let's say you have a big medium term stop accumulation, eventually it will be taken. On average, I would estimate that around eight to 10 counter moves will be implemented by the smart money before they do the actual main target run. You need to understand things such as the time and range principle if you want to be more sophisticated and accurate.
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