Disliked{quote} Ok yeah maybe that was a bit over the top! I don't honestly think brokers teach people how to trade a certain way just so they can run them over en mass. I guess teaching the technical analysis is quick and easy for the brokers and it encourages trading volume. But yeah, I do think that very obvious technical levels are used as targets for running stops. Eg, 3 tests of a support or resistance. I don't know this for a fact, but if I was a market maker, I'd consider these type of vanilla chart levels as a target for a sweep.Ignored
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!