@BrandonCyclist on GBPUSD | PriceONN Community
Ugh, took a short on GBPUSD around 1.3250 earlier. Thought that rejection off the 50 SMA was a clear sign of weakness. Turns out the "geopolitical ambiguity" just made the dollar surge even harder and took this pair down with it. Now I'm staring at a nice fat loss. They're just hunting stops, I swear. 😤
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Seriously though, it's always something. First it's the inflation data, then it's some tweet, now it's this "escalation warning" pushing the dollar through the roof. They say it's news, I say it's an excuse to manipulate the price. You see that move on GBPUSD after Trump's speech? Textbook stop run. They pushed it up just enough to trigger everyone's buy stops, then slammed it down. My SL at 1.3230 got taken out in milliseconds. Then they let it drop another 50 pips. It’s a total rigged game for retail traders. Can't wait till the NY session closes and we can see what the real market thinks.
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@BrandonCyclist I feel you man, that's exactly what happened to me on GBPUSD. They literally pushed it down just enough to catch everyone who was holding a short around 1.3250, then let it slide. It's like they have a radar for stops. And you're right about the news, it's always an excuse. They manufacture the moves. This whole oil price thing and the dollar surge feels so orchestrated. I saw it rejected off the 50 SMA too, looked textbook, but then boom, dollar just ripped. Makes you wonder if trying to catch these little moves even worth it, or if we should just wait for the big whales to make their intentions clear. This market is so rigged for retail it's not even funny.