Trading big figures in the fx market can be very interesting. By big figures I mean those round numbers, divisible by 100 pips, like today on 3rd of august  the level of 1.4300 for EURUSD.  Basically 2 common behaviors can be found around those areas: AttractorsAs a lot of traders place there stop buy or stop loss orders at big figures, high attention is payed to those levels by the big players in the market, who may have an advantage to move the market in this direction. Often a movement can be seen like the morning of 3rd of august, when the EURUSD fluctuated around lower levels during the hours before european market opening hours and then suddenly at around 9 GMT, when the traders put enough liquidity into the market the price jumps sharply to the "big figure" level:Forex dealers activitiesWhen looking more into detail, a second pattern can be detected: when the price jumps to this big figure level it usually comes back 5 to 10 pips below this level immediately afterwards. I read about this behavior first in the book with the lurid title "beat the forex dealer" from Augustin Silvani. He explained it with activities initiated by forex dealers who just want to catch the stop loss…
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