Two Holidays and a Stop Run

By Joseph Trevisani
09 February 2010 @ 08:07 pm EDT

Markets gravitate to stop loss orders. In the old trading cliché, 'stops will be executed'.  But why should that be true?  To a retail trader it can seem a bit mysterious.  A currency can linger at a level for hours then all of a sudden it is gone, rocketing through levels and executing orders seemingly without reason or instigation.  This narration of a stop run a few years ago may provide an explanation.

For more forex information, go to www.fxsol.com

E-Newsletters

We value your privacy. Your email address will not be shared.