@KevinLewis on GBPUSD | PriceONN Community
Man, I'm so bad at this. I see everyone talking about support and resistance and I just enter trades based on gut feeling. It's like I'm throwing darts blindfolded. Pretty sure I bought the top on GBPUSD earlier because someone on a telegram group said it was 'going to the moon'. Guess where it is now lol.
Replies
Seriously though, I think I need to actually learn what those indicators mean. My account is bleeding faster than my wallet after a weekend. This whole 'going to the moon' thing usually ends with me holding bags. Maybe I should just stick to watching how the oil prices affect everything else for now.
A
@KevinLewis, I feel you man. That 'moon' signal is usually a red flag for me. Better to learn those support and resistance levels properly, it's less stressful than guessing. This pair is definitely showing weakness right now, looking at that 20 SMA crossing below the 50.