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- willo123 replied Oct 29, 2015
image image Could see a run into the buy stops then a move down taking out the sell stops causing a price cascade.
Trading S+D With Facts Ebook
- willo123 replied Oct 29, 2015
be back in 15 gotta go shop get some ciggs
Trading S+D With Facts Ebook
- willo123 replied Oct 29, 2015
Yes correct Simond good explanation image These kind of movements multiple large range candles, typically the first few candles are mostly from forced liquidation from the sellers who went short in in the above example this movement then pushes ...
Trading S+D With Facts Ebook
- willo123 replied Oct 29, 2015
image If USD/JPY start moving up quickly (large range candles) these trapped shorts will close allowing pro traders who went long to take profits
Trading S+D With Facts Ebook
- willo123 replied Oct 29, 2015
Seems USD/JPY did as expected,only they took it up at London open instead of US (see post 73)
Trading S+D With Facts Ebook
- willo123 replied Oct 29, 2015
In regards to your chart sunny i think you've got it right the only problem is all the currencies apart from USD/JPY-EUR/USD-AUD/USD-NZD/USD contain very little data , the oanda traders seem to focus on these 4 currencies the most so me personally i ...
Trading S+D With Facts Ebook
- willo123 replied Oct 29, 2015
The bottom 2 levels are places where alot of people (well kind of alot) were short from who had been trapped when the market moved higher In the bottom zone people shorts were trapped from the 119.40-119.50 range And the zone above contained trapped ...
Trading S+D With Facts Ebook
- willo123 replied Oct 28, 2015
Np Pete hope you find the infomation useful Off to bed will chat tomorrow happy trading all
Trading S+D With Facts Ebook
- willo123 replied Oct 28, 2015
There's alot of people in short positions around the second level level you marked , from 120.400 to 120.500 we could see a situation where they drop price back to the source to reload on long positions, by the time the US session begins tomorrow ...
Trading S+D With Facts Ebook
- willo123 replied Oct 28, 2015
Haha I just realised your JoeNY not Joey lol sorry about that
Trading S+D With Facts Ebook
- willo123 replied Oct 28, 2015
I marked that level because I saw that quite a lot of people had entered long there on the order graph
Trading S+D With Facts Ebook
- willo123 replied Oct 28, 2015
my understanding of a zero sum game was that for one person to be able to profit another needs to lose, regarding buyers and seller i was always of the belief that its a buy order needs a sell order or vice versa not necessarily for every buyer ...
Trading S+D With Facts Ebook
- willo123 replied Oct 28, 2015
then again it could be masked to some extent by the activity of the traders using oanda so either way you wouldnt be able to tell.
Trading S+D With Facts Ebook
- willo123 replied Oct 28, 2015
Don't believe so, if i was oanda i wouldn't want anybody to know what positions I'm taking

Trading S+D With Facts Ebook
- willo123 replied Oct 28, 2015
I would expect the remaining orders to drop if the market continues lower i mean these longs are at quite a significant loss right now , doubt they can take much more pain. I think there live Dane, tbh its something I've never really thought about i ...
Trading S+D With Facts Ebook
- willo123 replied Oct 28, 2015
A few did, if you scroll through the order book you can see the open positions decrease slightly as the consolidation continued, then the drop earlier happened which forced many to close, you can see a large reduction in the number of trapped longs ...
Trading S+D With Facts Ebook
- willo123 replied Oct 28, 2015
yes exactly , I think we will see another move down tomorrow to get some trend traders on the 1hour chart trapped.
Trading S+D With Facts Ebook