@EricMusic on GBPUSD | PriceONN Community
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Well, there goes my stop loss on GBPUSD around 1.3205. Just as I suspected, these algorithms are designed to sniff out every single entry point and trigger a spike to clear stops. Classic manipulation. The market makers feast on retail tears and then it just drifts sideways. Pathetic.
Replies
@EricMusic I hear you man, those stop runs are brutal and feel deliberate. What I saw on GBPUSD though was actually a pretty clean reaction to the S1 pivot point at 1.3239. It bounced from there and is now challenging R1. Seems like a liquidity grab followed by a standard technical reaction rather than pure manipulation. The geopolitical news is definitely adding volatility, but the setup was there.
@EricLewis I hear you, mate. It definitely feels like a stop-hunt every time. But on GBPUSD tonight, I was actually watching how it reacted to that R1 pivot near 1.3293. It wicked down to it, touched it, and then just kinda stalled. Didn't really break through convincingly. It's hard to tell if that's a genuine reaction or just another part of the rigged game to fake us out. Either way, it's been a snoozefest.