Get started

Freeforexsignals

How To Avoid The Market Makers Stop Hunt Movement As part of the daily movement in the forex market is the stop hunting done by the market makers. They don't mean to hunt the normal and small trader at all, they are targeting the big investors and hedge funds you just happen to be in the wrong place at the wrong time. As shown in No.1 this huge wick is an obvious stop hunt movement in this case the market makers are hunting the ones entered in the middle or at the end of the uptrend. Lesson learned here "NEVER ENTER A TRADE IN THE MIDDLE OF A TREND ALWAYS WAIT FOR A RE-TRACEMENT" In NO.2 after the price gave a good bearish signal ( hanging man candlestick ) it made a a shooting star candle with huge wick to hunt the stop losses. in this case lesson learned here " WHEN YOU ENTER A TRADE WITH PRICE ACTION MAKE SURE TO PUT YOUR STOP LOSS ABOVE/BELOW IT WITH AT LEAST 20 - 30 PIPS" In NO.3 when you trade you will see this low (blue line) broken so you would assume that it will continue to the downside and after you enter a sell trade NO.3 will occur. Lesson learned here is "DON'T ENTER AT THE END OF A SMALL TREND AND USE A GOOD BREAK SIGNAL" And a last tip " TRY TO THINK AS A MARKET MAKER AND ANTICIPATE THE AREAS THEY WOULD HIT AND PUT YOUR STOP LOSS ABOVE/BELOW IT BY 20-30 PIP"
Education
by FX_Elite_Club
2
GBPUSD IDEAHi traders, GU had a huge run to upside very fast, buyers took control of the market. as for now GU showed no rejection. However wee see movement within a chanel as pointed out that has been respected many times. before the closing of the markets on friday we got 4TH touch on the respected trendline and the pair showed a strong bearish momentum. i am gonna wait till the market opens how its gonna react. but most likely tha pair will reach 143 level soon to meet each weekly ressistance.
by ChrisMTrader