aud sharks.

HOT TIP for forex traders who use providers who have award winning platforms????...When the banks have ceased trading you're award winning provider then becomes you're enemy...time and time again this can become apparent especially from 5am onwards on a saturday morning....award winning platform providers can trade for you're loss as there is no more competition from the major players for $$$...
Fibonacci has seen this far to many times now and would like to let new traders of forex a handy hint...when theres NO market activity...DO NOT trade
Ever wondered why you placed a trade only to realise a instant loss never to realise a profit at all???.complemants of you're "AWARD WINNING platform provider"
Computer systems are programmed to trade against you at every opportunity..when theres a gap in trading activity or when theres no liquidity.They become sharks and can push for you're loss as there's no liquidity to provide competition...
regardless of wheather you use a stop loss or a limit the system knows how to force you in to a loss...please be aware of this...AUD doesn't move 80 pips on a lazy saturday morning for no other reason than to capitalise on traders who have stop losses from NFP to be triggered or have low funds in accounts that can be forced into a margin call.
CALCULATE you're position before placing you're trade rather than being visually motivated by charts and "THINK IN REVERSE".
When the rush is on...the rush is on...but when the rush stops???? THINK IN REVERSE.