Good morning all.
First FIFO of the day
Long taken from M5 support zone. manually closed on 50 EMA with profit.
First FIFO of the day
Long taken from M5 support zone. manually closed on 50 EMA with profit.
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DislikedQuick FIFO long on GU closed with profit Long entry taken on retrace. {image}Ignored
DislikedAUD CPI Releases; I have seen this played out by the MM's many times prior to RED news. They will run PA Up or Down just prior to the news attempting to sucker in traders and then with the news releases run PA the opposite direction and catch wrong way traders and grab stops......... {image}Ignored
Disliked{quote} Hey Cigarguy, congratulations for the new thread! I read about PVSRA and following tah's posts since Sonic R System, but I never fully understood the matter of "grabbing stops", and it's something that "sit on my mind". What does it help for the Smart Money, Market Makers or whatever we choose to call them to grab our stops? how does they make any money from it? I understand that they can make luquidty creation from those moves but never understand how they actually make money from it. I will love to hear from you how you understand it,...Ignored