Im returning to try to invest some of my time and (potentially money) to forex. Im in a 1:30 account demo and was focusing on certain pairs.
I opened a “sell” position on USDCHF and put my stop loss orders too, but I noticed this:
That spike seems to be made for the solely purpose of force stop loss orders on those who went technical.
My question is, does this happens frecuently with that pair? Is there a cause of it? How to prevent this from happening? bcz after the spike, the trend went down as expected.