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Boris Schlossberg shows how retail traders can exploit stop hunting behavior in the highly leveraged forex markets using a simple method. The method involves looking for trades when a currency pair approaches a round number price level where many stop loss orders are clustered. By entering positions on momentum moves through these levels, traders can profit from large players triggering the stops and continuing the momentum move. The strategy requires only a price chart and moving average to determine trend and can generate multiple profitable trades from a single stop hunting event.
Boris Schlossberg shows how retail traders can exploit stop hunting behavior in the highly leveraged forex markets using a simple method. The method involves looking for trades when a curren…