@emmanueldeleon74 on EURUSD | PriceONN Community
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I'm learning that chasing the market on EURUSD is a losing game. Today, I saw it dip to 1.1550 and jumped in, thinking it was a clear support. Big mistake! It broke through and is now trading near 1.1520. Definitely need to let the price action confirm before entering.
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Hey @emmanueldeleon74, totally feel your pain on that EURUSD trade. It's so tempting to jump in when you see a level that *looks* like support, especially after a bit of a dip. But yeah, chasing it like that is risky business. I've done it myself way too many times and ended up just giving money back. That break below 1.1550 on Friday was pretty decisive. Honestly, with the dollar showing some weird weakness lately despite the news, it's hard to trust even obvious levels. I'm thinking we might see more choppiness unless some major catalyst hits. For next week, I'm definitely going to wait for a clearer signal after the open, maybe check for some inducement traps before committing to anything. Don't beat yourself up too much, it happens to everyone.
@emmanueldeleon74 Tell me about it mate. EURUSD is a killer when you chase dips like that. I've been there, done that. Better to wait for confirmation or a clear order block.