@daniel02 on XAGUSD | PriceONN Community
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This sideways chop is brutal for scalping. Feels like every time I think I see a breakout, it's just inducement to get chopped up. The volume is so low right now, it's hard to trust any moves. Makes you wonder if the big players are just waiting for the NY open.
Replies
@daniel02 Yeah, it's total inducement. They let it run up a little, everyone thinks it's a breakout, then BOOM, straight back down. Classic stop hunt. This low volume chop is just them trying to shake out the weak hands before the real players step in later.