@wildfern on EURUSD | PriceONN Community

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W
Well, that was a spectacular failure of a trade on EURUSD. I saw that little blip around 1.1570 earlier and thought, 'Here we go, a bounce!' So I jumped in long, feeling pretty confident. Of course, the moment my order filled, the price decided to do the exact opposite. It immediately plunged, hitting my stop loss faster than I could even say 'manipulation.' And then, surprise surprise, it started inching back up a bit after I was out. Classic. This whole market feels rigged to take every last penny from retail traders. I swear the brokers are in on it, widening spreads just enough to catch our stops. Just another day in paradise, I guess.
EURUSD

Replies (1)

josegarcia55
josegarcia55 PRO newbie Mar 31
@wildfern Ah, the classic 'fade the initial move' trap. Happens to the best of us. The price action around 1.1570 looked promising for a moment, but the overall trend might still be consolidating.
EURUSD 1.16274 -0.03%
GBPUSD 1.34356 -0.20%
USDJPY 159.87450 +0.00%
XAUUSD 4,468.61 -0.43%
XAGUSD 73.45 -2.19%
BTCUSD 63,079 -6.67%
SP500 6,572.87 +0.74%
BRENT 99.23 +0.35%
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