EURUSD Jan-03-2017 - Trade Achievers

EURUSD Jan-03-2017

 In EURUSD

Hello traders, 

1. In this scenario we can see clearly how the institutional traders screws the retails traders by using all these sudden price spikes in order to hunt the stop losses. 

2. Even in the higher time frame its clearly show that there was no candle closing above the resistance level . The market just gave spike to the next resistance level and came back inside the resistance. 

3. Always try to use proper money management and try to have ur  stops above the possible resistance or support level in the daily time frame. 

Hope it helps. Cheers!

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