@anita9158 on GBPUSD | PriceONN Community

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My biggest bad habit is definitely FOMOing into moves. See a big displacement candle, think it's going to the moon, and jump in without waiting for confirmation. More often than not, it's just inducement before a reversal. Classic retail trap, and I still fall for it sometimes.
GBPUSD

Replies (1)

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anita9158 PRO newbie Mar 19
Actually, thinking more about that FOMO thing... it's not just the displacement candles. It's also when I see a quick dip and think 'buy the dip' without checking the higher timeframe context. The 200 SMA is above price, so blindly buying dips can be risky, especially with that resistance near 1.3380 mentioned in the news.
EURUSD 1.16380 +0.06%
GBPUSD 1.34539 -0.07%
USDJPY 159.88150 +0.00%
XAUUSD 4,504.35 +0.37%
XAGUSD 74.88 -0.29%
BTCUSD 63,652 -5.83%
SP500 6,572.87 +0.74%
BRENT 97.82 -1.07%
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