@kwilson148 on EURUSD | PriceONN Community
K
This Sydney session is so dead 😴. Watching EURUSD just kinda hover around 1.1540s. Feels like a trap waiting to happen, either a fakeout higher to catch longs or a quick dip to shake out anyone thinking about getting in. I'm staying out till London opens, too risky with this thin liquidity. Anyone else feel like the market's just bored and waiting for some news? 🤔
Replies
Yeah @kwilson148, totally agree about this Sydney session. It's dead as a doornail. Feels like a liquidity grab is coming, either way. I'm just waiting for London to open up and see if we get any real direction. Hoping those strong US jobs data don't completely kill the euro though, that would be rough.
T
Hey @kwilson148, I completely understand your caution. This Sydney session has been incredibly slow, and trying to trade EURUSD right now feels like walking through mud. I'm also seeing that lack of conviction on the charts; it's hard to tell if this move down to 1.1515 is genuine or just a liquidity grab before the main session starts. I've been watching the price hover around the S2 pivot and it's making me a bit nervous about my current position. The news about oil prices potentially impacting Fed decisions is also adding to the uncertainty, making me think twice about holding anything overnight. I'll likely wait until London opens to get a clearer picture before making any decisions.