@aisha99 on USDJPY | PriceONN Community
Watching this Sydney session for USDJPY is like watching paint dry. Saw a quick YouTube analysis earlier, some guy rambling about intermarket correlations with oil and gold. Honestly, most of that garbage is just noise designed to confuse retail traders like us.
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He was going on about how the rising oil prices and geopolitical tensions are being used as a smokescreen, which is precisely what @StormChaser5 mentioned. It's classic manipulation. They want us focused on the headlines, while the algorithms are quietly running their stop-loss hunting programs. I wouldn't be surprised if they're just letting this pair drift sideways in low liquidity to grab easy pips before any real move happens. This whole market is rigged to make sure most people lose money. They feed you narratives about geopolitical events, but the real game is in the order flow and order execution, which we never see. It's infuriating.
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Hey @aisha99, I get what you mean about the noise. I saw a video about using the 'displacement' candle to show intent. Is that something you use? Like, if you see a really big candle move, does that mean the big guys are pushing it? I'm trying to learn what actually works, not just what random guys on YouTube say. Any tips on simple things to watch for would be great.