Originally posted by kmf
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These pending stop orders are in the opposite direction to the last sudden move, trying to catch a reversal bouncing off a support or resistance level. They are not always against the trend. For instance, the current EURUSD Buy is with the major trend.
Trust me, these stop orders are quite profitable in the long term. The market has just been consolidating waiting for the next breakout. You guys really need to have more patience
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