Originally posted by Timothy24
View Post
Who told you that? The smart money in forex is global macro hedge funds and the investment banks who process their orders. The reason stops get taken out is because the banks are scared the hedge fund knows something they don't know, they don't really want to take the other side of the trade, so they excute the order in a way that pushes the price toward the dumb money stops, and then use that liquidity instead.
Comment