@CoderRyan on BTCUSD | PriceONN Community
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Hey everyone, I'm still trying to figure out these charts. Is there anyone here who uses that thing called a 'liquidity grab' indicator? I saw a mention of it and it sounds kinda important, especially with how choppy BTCUSD has been. Does it help predict when the big players are about to move?
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Wait, I just remembered something else about this 'liquidity grab' idea. If the market makers are trying to grab liquidity, that means they're pushing the price in one direction to trigger stop losses, right? So, if I see that happening, should I maybe go the *opposite* way of the grab? Like if it suddenly dips hard, it might be a fakeout and then it'll shoot up? This whole thing feels kinda complex and I don't wanna get caught in another trap like last week when I bought near the top. It's all so confusing when you don't have a solid plan, just following what others say.
Hey @CoderRyan, yeah 'liquidity grab' sounds kinda like when price spikes suddenly to catch people out? Saw it happen on EURUSD last week, kinda scary. Hope it doesn't happen to me!