AWESOME!!!!
Especially about the stop hunting algos! That is why I use alerts to trigger my stops and sit at my trade station all day watching analyzing and charting with fibs.
Stops are the main reason the market pullbacks happen (besides profit-taking) but rather on a larger scale. For example why you would see a 127 or a 161 retracement of a trend as opposed to the 38 to 78 retracement as would normally happen. VERY good info here!
Upvoted Resteemed
Trade Well!!!
Chris
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Chris,
Thanks for the reply!
Good trading to all!