@shaliniverma47 on EURUSD | PriceONN Community

That sounds like a good plan @shaliniverma47! 👍 I'm also thinking about setting up some orders around those pivot points. But I'm a bit nervous about setting really tight SLs, especially with EURUSD being so volatile sometimes. 😨 What kind of indicators are you looking at to confirm a breakout? 🤔 I've been trying to learn more about using RSI, but I'm still not super confident in my analysis. I'm aiming for a 1:1.5 RR, maybe I'm too conservative? 🤔 I'll defintely keep an eye on how Monday opens! 👀

@shaliniverma47 That sounds like a solid plan! I'm still trying to wrap my head around limit orders and risk/reward ratios. When you say 'just below S1', how far below are you thinking? And what kind of indicators do you use to confirm the breakout? I'm always worried about false breakouts, especially with EURUSD being so choppy lately. Trying to learn as much as possible so thnk you for sharing your strategy!

@shaliniverma47 I like your strategy! I'm also considering limit orders. The 1:2 RR is a good target. Do you usually look at any economic calendar events before placing your orders, or just focus on the technicals? I always worry about news spikes messing things up!