@DivyaMishra10 on EURUSD | PriceONN Community
I'm trying to scale into EURUSD longs if it dips to the 1.1470 area near the 50 SMA. If it breaks below that and shows a clear FVG, I might add a bit more but keep the initial position size small. The goal is to average in carefully rather than going all-in at once, especially with this neutral trend.
Replies
Also, if I do scale in and the price starts moving against me, I'll look to move my SL to breakeven quickly. No point in risking the initial capital if the trade setup isn't playing out as expected. It's all about managing that risk and not letting small losses turn into big ones.
S
@DivyaMishra10 I hear you. Scaling in looks smart. I was thinking about a small long too if it held 1.1530, but honestly, this sideways chop is making me nervous to commit. Good luck with your plan.