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Monthly Archives: June 2014

Stop Hunt on Gold this morning

stop hunt on gold

Stop Hunt So we started off with a famous stop hunt this morning, MM (market movers) were looking to clean up the chart and started chasing SL’s this morning. A lot of people sat and saw their SL kick in, while a lot of people went short just to see it reverse to go long, just so that MM could ...

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USD/JPY 5min setup

Reviewing USD/JPY on 5min, there is signs of a stair-step effect. There is a possibility of a swing high and then continue down. Set a sell stop at 101.225 with a 35 pips SL and 40 pips TP.  

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EUR/USD Prediction

On daily time frame, EUR/USD is showing signs of a significant drop of possibly 123 pips to start with. Entry would be a sell stop at 1.35538 with SL set at 1.36547 (yep almost 100 pips) and TP at 1.33420 (oh yes, big TP). Rate of Return (RR) is 2:1

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