@elijah1987 on EURUSD | PriceONN Community
Volume on EURUSD here is barely anything significant, which is exactly what you'd expect when the big players are still waking up or waiting for NY to really get going. It's not confirming any kind of strong directional move right now. Honestly, it just looks like choppy, low-volume noise trying to trick people into thinking something is happening. Pure manipulation fuel.
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And that's precisely why I don't trust these small moves. The lack of volume means any price action is easily influenced by a few large orders or, more likely, algorithmic stop hunting. They'll push it a few pips one way, lure in the retail crowd, then reverse it just as quickly. It's a rigged game.
Hey @elijah1987, totally agree about the volume. These sideways moves are meaningless without conviction. I'm not even bothering with EURUSD until we see some real action, probably not until London or NY really wakes up and shows us direction. Stop hunting is definitely the name of the game right now.