Now's the time to think like a trader.Here is a NZDJPY chart...

  1. 2,131 Posts.
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    Now's the time to think like a trader.

    Here is a NZDJPY chart which looks good to bounce of support - RIGHT ?

    NO - It is being set up by Herd Behaviour to Buy again. They will add all their stops under this zone then one day soon -

    DUMP! It will run 360 pips downwards and I will be delighted to take those pips why others suffer a margin call

    This is how Big Players make their money. They need to make retail traders believe this support is Solid.

    https://hotcopper.com.au/data/attachments/1479/1479152-1b83b0b41f88a20337cee46ca8cb9da9.jpg
    https://hotcopper.com.au/data/attachments/1479/1479156-458def3bc9bcd27c1f603f70c31a0165.jpg


 
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