METACroc29

FRA40 Failed Bullish Breakout

BLACKBULL:FRA40   CAC 40 Index
FRA40 Was Collecting Upside Liquidity To Facilitate The Bearish Move. The Bearish Move Was Also Facilitating An Overall Bullish Move Out Of The Bearish Channel We're Currently In. There Are Equal Lows In The Region Of Price We're In At The Moment (A friend Of Mine, Brian, Would Call These Kind Of Areas:" Areas Of Sensitivity"). Therefore Many Orders (Sell Stops; Stop Losses; Buy Stops) Lying In This Region Of Price. This Provides The Necessary Volume Required By Commercial Traders/Banks To Enter A Substantial Amount Of Orders As Price Moves Up. This Is What Retail A-Book Traders Fall Victim To (Especially Day-Traders), And This Also What Brokers Use To Make Money From B-Booked Traders. Peace
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