Today we are going through the brief technical explanation about the round numbers and stop loss hunting
round numbers:
the round number end in a zero, and have a tendency to attract orders and most of the time attracts many traders and they choose these points for entering and closing the position
Point:
For open position on round number the proper...
If you don't have to much time or you want to keep your charts simple, or maybe you are just lazy. This strategy is right for you !
What is it ? Is it magic ? No... Round numbers .
Imagine you are going to buy a car. You go to website and look for used cars... What is your price limit ? It is always 5000USD, 10 000EUR or 2500GBP. You dont set your price limit to...
