Trader Killers and Reviews

This thread is meant to retain screenshots, and review previous trade setups illustrating the vicious nature of trading - this happens daily. It is predictable if you know what to look for. It is not only to help me, but help others - I hope I can accomplish that with these brief illustrations.

NOTE: I will not answer technical questions or how I trade but rather show you what to look for.

UPDATE: I previously provided screenshots of trade setups I was reviewing which had no relevance to this thread title. I have since removed them, and will continue to expose the daily hunts.

GBPUSD 02-13-2013 has a STOP hunter too...many others but I am just showing you the ones I was in during that time. the spikes I illustrate are between 30-50...no small spike.

For GBPJPY, this week and one last week I was in...catch pips and get out. (Greed kills).

You see the huge spikes on the left side? What's the purpose of it? Trigger Pending Limit and Stop orders, and kill those?

USDCHF too. Alot of spikes can be found in the GBP pairs, but definitely happens everywhere. You still think there is randomness?

I guess people think price is random too...

It's called Market Makers.

Do you think news price moves are random too? Can you guess which way price will go based on news? Is there a good "indicator?"

Anticipate and Strategize based on knowing what the system was designed for, and you will succeed. Happy Trading and Much Success.

Signing off...

I place my stops lot wider then most because of stop hunting.This happens everyday.As far as Yen pairs being similiar? Well obvious correlation.
Understanding market structure is a must to all traders who are serious about trading.

Hi Davit,

Yes, correlation I understand clearly; however, we are talking about 6+ more pairs that move exactly against 6+ more other country's currency. It is transparently manipulated. It's like saying, okay, US, AUD, CHF etc all agree with Japan to move the currency to this level x. Okay, let the Yen rise. My point being is - it's all controlled and manipulated. Retail traders have no influence on where price is going. The goal of this journal is to recognize how the market moves, and go with the flow (literally).

Thanks for your feedback.

I agree with you.Retail traders don't influence the price but they provide food to top predators.
I often check Oanda open orders since it is the largest retail broker, open orders give you an idea where most retail positions are.
61% short on NU last 3days and price went up 117pips.Something worth looking into.

Let's add a nice one for Tuesday 02-19-2013....

Just one trade we were in...

Just have to love AUD based pairs...

and again for AUD...

NY Session closing...

GBPUSD during NY session...

Ignored this thread too long, but here's a good one for today. 145 pip too kill accounts...