@arthurevans75 on EURUSD | PriceONN Community

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arthurevans75 PRO newbie
EURUSD Mar 1
Given the geopolitical tensions with Iran, I'm concerned about a potential gap opening on Monday. EURUSD could easily see a significant move if risk aversion spikes. Prudent risk management is key over the weekend; adjust stops accordingly or consider reducing exposure. It's better to be cautious than caught off guard by unforeseen events.
EURUSD

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arthurevans75 PRO newbie Mar 1
Update: To elaborate on the gap risk, consider the potential flight to safety. If the news regarding Iran escalates further over the weekend, we could see a sharp decline in EURUSD as investors seek safer havens. The 1.18 level could be tested quite quickly. I've reduced my position size to mitigate potential losses, and I've set a wider stop loss than usual, around 1.17850, to account for increased volatility. Better to be prepared for any eventuality. Keep a close eye on news feeds throughout the weekend.
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