AUDUSD still at the BUY Zone and heading into the Magic Box Target area, around (90-95%) accuracy. Big guys still in our back and kicking some traders who put BUY position with stop loss. Before it goes into their way, they will eliminate first some traders who have SL. Solution to this is via hedging
Initial Target= 80pip+ 1st Target
Sample Big Guys:
1. UBS
2. JP Morgan
3. CITI Bank
4. HSBC
Who are these banks? They are just the big mover in FOREX, with lot of capital on their hand with no SL :-). Their AIM is to get retails traders out of the market although they know that their position are correct direction. It is just they dont have enough fund to accommodate these movers.
Initial Target= 80pip+ 1st Target
Sample Big Guys:
1. UBS
2. JP Morgan
3. CITI Bank
4. HSBC
Who are these banks? They are just the big mover in FOREX, with lot of capital on their hand with no SL :-). Their AIM is to get retails traders out of the market although they know that their position are correct direction. It is just they dont have enough fund to accommodate these movers.