InstaForex | How SL hunting got caught red-handed

Hello everyone. I have something nice to show to you guys. Catch the differences. 😇






So, what you guys can see there? Discuss. 😎

Sorry, you may need to explain to me what you are seeing, deysmacro.

I guess I am not experienced enough to understand there to be anything wrong with these screenshots. I assume your EA has opened and closed all those positions. Seems the EA has cancelled (closed) those pending buy/sell stop orders. Nothing appears bad (on the surface).

the above chart is monitoring account, and the below chart is the trading account...

so.. what you can see from the red box? any differences? 😄

All I can see it's you lost 30 pips in 1 min instead of 25 pips (SL)

Also I don't see anything wrong with the red box... but we can see that you manipulated pictures as it's not possible for any broker to provide 2 differents bid at a time.
= > look at current price for both Sell Stop:
 - one is 0.8957
 - and the other is 0.8963

So what do you want to show with your fake pictures?

those two are two different accounts you know... one for monitoring and one for trading...

so, i am displaying fake pictures huh.. 😇

Hi Deysmacro

The monitoring account looks to have a much different price at which the trade was closed at on the 'buy'
The monitoring account claims that the exit price was 0.8966 whereas on your account it was apparently closed at 0.8947
The monitoring account claims that the buy aud/usd trade at 0.8977 was in fact a 'BUY Stop' rather than 'BUY'
The monitoring account has a 5 PIP difference on the set stop loss for both aud/usd trades compared to your actual account
The significant difference in stop loss parameters and exit between both account (in particular for the 'buy' aud/usd trade)

All these differences indicate that the monitoring account is either completely false
Or is taking other trades on your behalf
Or I have absolutely no idea!

Lol I really don't know what that means monitoring account. Don't try to blaim broker when you loose. I have only trading account like 100% of pro traders. What do you monitor? lol... Only a couple of brokers are good.

Ps: It's impossible to have 2 differents bid on the SAME picture!!!

There is nothing to understand here lol... that's the main point

there is 4 min difference between the the monitoring and the real,that the order were taken

fine... i guess i have to explain a little bit...

at price 0.8977 ... can you guys see that on monitoring account, it never gets filled? and the pending orders get deleted on 04:34 ... means, it has more than enough time to get filled (hit) but it didnt...

while on trading account, 04:30 get filled (hit), 04:31 hit SL...

basically, what i want to show to you guys, that is how SL being played by the broker and this is one example how broker playing tricks with you guys... and you guys would never realized this... you guys would probably say 'oh, what can i do, just a bad trade i guess' 😎

what about hiden sl and ?

And it's hunting without connection? Magical broker lol

It's what I'm saying... when people will finally admit only a couple of brokers can be trusted then they will stop complaining for being ripped off or whatever...

rob559 posted:
what about hiden sl and ?

i know. but right now i just want to show you guys how the SL hunting being implemented. pretty cool isnt it? 😀

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currently i am not complaining bout being ripped off or something like that though. just to show you guys some nice SL hunting example. 😎


UP NEXT:

another screenshot of how SL hunting in progress. 😀

Here it is. 😁



- You place pending orders at 0.7779
- Broker see it as plausible opportunity
- Broker creates mini-spark just enough to trigger the buy-stop
- Then, market goes south all the way possible, in the hope it will eventually triggers hidden SL

There you have it. SL hunting in progress. 😎

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Another example:
At price 0.7837 (dark orange color), someone must have put pending orders there, got it triggered, and then SL hits.

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Easy way how broker makes money out of you. 😇

My friend, You better stop thinking brokers are hunting SL. This not true... only looser traders think so.

Market is sometimes hunting SL wich is so different.

Market makers (Banks, Hedge funds,...) work closely with big broker and they know where are located tons of SL. (It's not hard to guess that they are just below supports or just above resistancse.) That's why when a big news come up on Forex... it may first go in one direction and then sharply goes into opposite with twice energy. (trapping everyone behind their screen and hunting sl)


Here is my picture from your last post:


As you can see, the high is 0.77783... So we don't have the same broker but I even have higher rate than the one you claim it's hunting.
You are confusing spike and pullback: Look at the orange line (moving average EMA 21), NZDUSD is underpressure since weeks... So Technicaly, 0.7778 was the perfect entry for going short.
Now if traders want to play BUY STOP, well they have to set up a smart entry at least 10 pips above the resistance.

Also, if you want to how to trade that pair... just go there:
https://www.myfxbook.com/forex-charts/NZDUSD,D1/5606

Guys, don't think it's broker's fault when you lose... it's not true. If you think like that, you will never improve.

Ps: I'm done with this topic....I hope this help you guys to be a succesfull trader.

CrazyTrader... not that insane! : )

@CrazyTrader

I am seriously not blaming the broker you know. This is just food-for-thought.
This account also using ea. So, basically I am trying to find it base settings so that improvement can be made for long term trading if possible. 😀


I have other ea which is doing just fine and pretty much robust to handle most of market scenarios. NFP days, sudden high spike, sideways, you name it. 😎

This ill-fitting E. A. if you have it on your terminal or trader copier.

Dig it simply. Clearly seen in the photo of CrazyTrader, is running bad, you have to see if there are economic reports that the price drop is impulsive, not corrective. It is a continuation of the trend 😲

If the ea failed at first, means that it have room for improvements. Nuff said. 😎

It could be the spread.

Also its not just you the broker is trying to stop hunt out.

And bots, fish, and shark have a lot to do with how the market moves.