Stop hunting is a very common practice. Although it may have negative connotations to some readers, stop hunting is a legitimate form of trading. It is nothing more than the art of flushing the losing players out of the market. In forex-speak they are known as weak longs or weak shorts. Much like a strong poker player may take out less capable opponents by raising stakes and "buying the pot", large speculative players (like investment banks, hedge funds and money center banks) like to gun stops in the hope of generating further directional momentum.
In a 4 trillion dollar market it is highly unlikely that a single broker can control price on a whim. The only way a broker could do this is by manipulating their data feed, which should never happen if your broker is a registered NFA member. Also, depending on your broker the spreads may get ridiculous during news releases. So at times it may appear that your trade got stopped out, despite having the price 10-20 pips away.
In a 4 trillion dollar market it is highly unlikely that a single broker can control price on a whim. The only way a broker could do this is by manipulating their data feed, which should never happen if your broker is a registered NFA member. Also, depending on your broker the spreads may get ridiculous during news releases. So at times it may appear that your trade got stopped out, despite having the price 10-20 pips away.
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