Please Help Me UNDERSTAND

14 בינו׳ 2017

As you can see, I took a buy order where that little blue arrow is. Market goes up, hits the daily range and then plummets right back down and hits the stop loss that I had right below the support. To add insult to injury, the price rises right back up after hitting my stop loss. What makes price do that? I also had the same thing happen with my USDJPY trade; literally same exact thing. Please, there has to be an answer to this situation where we can learn to see things like this coming and work to avoid them. I need someone to help me investigate this matter. Could it be because of news? Could it be because big institutions know that there is a lot of stop losses placed right below that support; i don't know, but I sure as heck need your help in finding out.