Disliked{quote} I tried on purpose not to mention about how big boys trade and move the market, because this is advanced stuff and will confuse the new traders here. Unfortunatelly it is a fact and it has a lot to do with the market structure. So imagine you run a hedge fund with 600 mil $. Your clients wish that their orders are executed at the best possible price. They want to buy at bottoms and sell at tops. Let take a buy as example. In order to execute these big buy orders at bottoms you need to have a lot of traders in sell postions at same time to...Ignored
All of this you can see on the chart as Fakeouts, Engulfing pattern, Quasimodo. I especially love QMs.
It's the guys who are trading single lots and when they get stopped out they think it was DB hunting their stops that I have a problem with. They got stopped out cos they didn't read the chart right.