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Another day, another dollar lost to the spread and the algos on EURUSD. Just watched it tick up a few pips, enough to trigger my SL at 1.1558, then immediately drop like a stone. Classic manipulation. They really know how to squeeze every penny out of us retail traders. Utterly pathetic.
Hey @adekunle92, I hear you mate. It's brutal out there when you're caught in those choppy sessions. The price action around 1.1558 does look like it could have been inducement for retail stops. I'm watching the 200 SMA at 1.1544 too; it's been acting as a bit of a battleground. With the geopolitical news driving oil prices but the USD holding firm, it's creating some really tricky cross-asset correlations. I'd be looking for clearer signs of smart money flow before committing to a big directional move. Maybe wait for a break of the daily pivot?
