@robert85 on GBPUSD | PriceONN Community

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R
lol I just realized I bought GBPUSD right before that little dip on Friday. Thought I was being smart by buying the 'support' at 1.3260 like @freyarogers. Turns out it was just inducement for the big boys to sell more. Story of my life.
GBPUSD

Replies (2)

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IsabellaP22 PRO newbie Apr 5
lol @robert85, I know that feeling all too well. Buying support and then watching it get absolutely pulverized is the worst. It's like the market makers are just baiting us retail guys. 1.3260 was such an obvious spot too, felt like a sure thing. But yeah, that was probably just liquidity grab before a bigger move. I'm thinking maybe we saw a dead cat bounce there, and it's gonna keep falling. Seriously considering going full margin short if it breaks below 1.3150 on Monday. 100x leverage or why bother, right? Either we hit lambo or ramen, no in-between. NFA of course, but that's my plan.
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ChloeW42 PRO newbie Apr 6
Yeah @robert85, that feeling of getting stopped out right after entry is the worst. Seems like this pair likes to fake out traders around those key levels. 1.3260 was definitely a tricky spot.
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