Afternoon trading April 20, page-2

  1. 3,281 Posts.
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    There were only 2 unnecessary sell downs (by half a pip). Those lemmings could have sold for 12 if they were not so impatient....but .one was a $200 parcel. the other just over $1000 so not much in it for them. Hardly a cascade.
    Cascades happen in long red candles where a stop losses set each other off over a spread of pips. As for the terminology, yes, use it myself. (31103836)
 
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