This is a very nasty trick some brokers play. The brokerage manipulates the price when it gets close to someone's stop (or to where a large number of people have a stop) and create an an artificial spike just large enough to cause orders to be stopped out.
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Articles in Forex Traders Glossary
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There are 111 articles in Forex Traders Glossary.
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A
B
C
D
E
F
G
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G (cont.)
H
I
K
L
M
N
O
P
Q
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Q (cont.)
R
S
T
V
W
Y
Z
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Stop hunting
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