EURNZD Is currently Overbought and sitting on Major Resistance Level Adding 150 PIPS of Stop loss and Target of +300 PIPS is idle Simple method to trade -Correctly Overbought -L2 Resistance Pivot
Trade ativo
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Always use optimal stop loss because market manipulators know how to play there games!
Trade ativo
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RUNNING (+99 PIPS) of Profit! MOVE SL to BREAKEVEN (OPTIONAL)
Trade fechado: objetivo atingido
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UPDATE EURNZD - Close Now with (+100 PIPS) of Profit! (For those who didn't moved SL to Breakeven) was expecting NZD to pump a bit more anyways, still a good margin!
Prompt, the purpose of manipulators is to give a false movement against the bulk. Or can they do anything? where to read? Thank you so much for the ideas.
BloomFisher
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@Brat_, Market Manipulators works on the basis of SIGMA numbers - for eg: most of the STOP LOSS for lets say EURUSD is 1.000 for a selling trade then what manipulators will do is using high leverage they'll create another pivot just above the >1.000 let's say 1.050 so that most of the trades gets stopped out and then roll back in the range to make counter profits (That's how Forex works) 10 Loss - 1 Wins!
Brat_
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@BloomFisher, Thank you, and what to do for the private trader to avoid the actions of the manipulators? Use a stop loss, the risk of a deal 2-5% of the Deposit? To use a small risk, you need a large initial Deposit or use an increased risk.?
HermanOng
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What the advice are we expecting to reverse as it will push up market open.
BloomFisher
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@HermanOng, Keep Holding, It was clearly mentioned to Sell at 1.72954 and could reach 1.73485 and reverse,