Disliked{quote} You will find that overall on the higher TF, 4HR+above, regardless of news etc it will continue on and make patterns, with news it just makes them faster with spikes touching the major buy or sell levels on the higher TF then continue on, then people complain of stop hunting when they get taken out when their stops get hit then the market turns (hint - bloody - hint) when in reality it's all part of the journey it's making, spiking under lows and above highs then moving rapidly in the other direction to start a large move. Look at the 127%...Ignored
I choose not to trade anything with applied stop losses, I prefer for the brokers not to have visibility on my strategy, especially after my preferred forex broker released an indicator providing insight into retail positioning.