AUTOREFRESH 
USD/JPY: Stop-losses building below 89.75
By Sean Lee || March 17, 2010 at 04:13 GMT
|| 5 comments || Add comment
I’m hearing from the interbank market that there are a few stops building below 89.75 which may attract dealers attention in early European trade.
Have a dry weekend all 
Hi Sean,
So if I am understanding this correctly….stops are targets for dealers to hit and take out, right? So when you give us the info. on where stops are building, then we can look for the market to take out those levels if/when they get past the bids/offers standing in the way?
Correct Anthony. The dealers will start selling as the level approaches and then will simply absorb the stop-loss sell orders into their book once the level has been breached (probably helping themselves to a few pips slippage as well!!)
Hi Sean
Is it possible to add NZD/USD to the live Live currency Quotes.
Well that would just make it all funny shaped, now wouldn’t it?
G’day Inderjit. I’ll certainly ask.