how can a broker hunt the stop loss in forex trading as nobody has no controll over the price action ? | Binary Options Questions

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how can a broker hunt the stop loss in forex trading as nobody has no controll over the price action ?

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Posted by Binary Options Questions on Oct 7, 2011 in Forex | 1 comment

i think they’re called the market makers

Community Answers

10-7-11

Mighty says:

Basically this is how it works, brokers are able to monitor n notice where are all the stops placed, so they can easily place an order against ur stop. Eg, if u place a SELL stop @ 1.3000, they can place a BUY trade @ 1.3000 against you to trigger the trade… hope this answers ur question.

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