Dear friends ,
Traders were caught unexpectedly on friday evening's market volatility.
Suddenly market had frenzied activity and stop losses got triggered on both sides in some pairs - for e.g. GBP/AUD,GBP/NZD,AUD/USD,etc.
We have experiened such situations previously but still every time it happens , we simply freeze when the market is moving in the opposite direction of our trade.The speed of the price movement makes us to hope for a reversal but most often markets reverse after hitting our s…
Traders were caught unexpectedly on friday evening's market volatility.
Suddenly market had frenzied activity and stop losses got triggered on both sides in some pairs - for e.g. GBP/AUD,GBP/NZD,AUD/USD,etc.
We have experiened such situations previously but still every time it happens , we simply freeze when the market is moving in the opposite direction of our trade.The speed of the price movement makes us to hope for a reversal but most often markets reverse after hitting our s…