NZD / CAD - Forecast (Trade In-Play)

9 thg 10, 2020

Here we have one of my personal trades from last night. We originally had a position but got stopped out on the liquidity spike as you can see. If you don't know what liquidity is, it is basically where the banks can manipulate the price for a split second to stop out everyone and also stop out all the orders people have the for SELL STOP's. The banks can see everybody's orders, S/L's and also T/P locations. This is how the banks earn their money. We did re-enter again straight away and as you can see my thoughts were correct, but the liquidity stopped us out! Sh!t Happens...

13 thg 10, 2020

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