@ahill424 on EURUSD | PriceONN Community

Further to my earlier comments, it's crucial to remember risk management. Even with a solid strategy, unexpected volatility can occur. I'll be setting tight stop-loss orders, no more than 0.5% of my capital per trade, regardless of how confident I am in the direction. It's also important to consider the broader market context; any significant moves in the US dollar index (DXY) will likely influence EURUSD. I'll also be checking the 4H chart for any emerging patterns that might give further clues. Patience is key; there's no need to rush into a trade. Better to miss an opportunity than to lose capital due to impulsiveness. Ultimately, it's about protecting your investments and making informed decisions.

Update: I'll also factor in any major news releases scheduled for Monday morning that could impact the pair. A strong economic report could easily invalidate my initial plan.

@ahill424 Good plan waiting for confirmation! I agree that volume is key to avoid those fakeouts. Could be a choppy start to the week with that news hanging over us.