@jwalker894 on XAUUSD | PriceONN Community
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Scaling in more gold around 4870. Adding to my position if it breaks through 4880. Risking a small portion of profit from earlier trades.
Replies
Whoa @jwalker894, adding more at 4870? That's pretty brave. I saw it try to push up earlier but it seemed to stall out hard. Feels like a trap to me, maybe inducement before a bigger move down. Just my two cents, but I'd be careful with that.
Seriously @jwalker894, adding more at 4870? You're practically inviting them to take your stops. That spike was clearly an inducement for people like you to go long before they dump it. Trust me, this is how they reel you in, then WHAM. Glad I stayed out.