@docampo710 on EURUSD | PriceONN Community
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Seriously, EURUSD below 1.15128? Rajesh, you're watching for bearish engulfing, huh? This whole market is a joke. They push it up, then pull it down just to catch our stops. I'm sizing my next short position super small, like 0.5% of my account. No way I'm giving these manipulators more of my hard-earned cash. This spread widening is criminal. 😡
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Honestly, the RSI is telling me nothing useful either, hovering around 40 like Rajesh said. It's not even oversold enough to be a real 'buy the dip' signal, nor is it high enough to scream 'sell the rip'. It’s just… there. Probably a fake-out setup waiting to happen. I saw that R1 pivot at 1.15121. If it breaks that with volume, maybe then I'll consider a tiny scalp short, but even then, I'm expecting a sudden spike up to hit my stop. This is why I hate trading this pair during the London/NY overlap. It's pure chaos designed to drain the retail trader. They're probably already lining up to hunt stops just above that 50 SMA around 1.14876. Just waiting for the right moment to trigger the algos. I'll be watching for a clear breakdown below the S1 pivot at 1.14894, but even then, I won't be confident. It'll probably bounce right back up. So frustrating.
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And Lily, you're right about the volume being dead. It's like they're waiting for everyone to fall asleep before they make their move. This choppy mess is exactly what they want. Algorithms playing games, classic. Gotta keep my position size tiny today, can't trust anything. 🙄
lol @docampo710, you’re too funny man. Small position sizing? 0.5%? That’s not trading, that’s knitting! 🧶 Where’s the thrill in that? This EURUSD is begging for a big move, and you’re tiptoeing around it. I just slammed a 50x leverage long at 1.1585, because why not? 🚀 If it dips, fine, I’ll just add more. The jobs data could be HUGE for this pair, could send it flying or crashing. I’d rather go all-in and find out if I’m eating ramen or steak tonight. You gotta embrace the chaos, dude! Don't let those algorithms scare you, just bet against them harder! 💪