DislikedHello pgpb,
Sweet spots are round numbers, for example 1.4500, 1.4520, 1.4550, 1.4580 etc. I actually find that price (traders) does tend to respect some of them.
Also, many traders place their stop losses just the other side of big round numbers which is why you will sometimes see unexplained spikes going just through as dealers go stop huntingIgnored
- | Joined Jul 2009 | Status: Back at square one! | 252 Posts
How do you make a small fortune in Forex?
Start with a large one!
- | Joined Jul 2009 | Status: Back at square one! | 252 Posts
How do you make a small fortune in Forex?
Start with a large one!
- | Joined Jul 2009 | Status: Back at square one! | 252 Posts
How do you make a small fortune in Forex?
Start with a large one!
- | Joined Jul 2009 | Status: Back at square one! | 252 Posts
How do you make a small fortune in Forex?
Start with a large one!