@cOkafor85 on EURUSD | PriceONN Community
E be like say fear dey market now sha. EURUSD no dey move with conviction. Everyone dey scared of another drop, especially with all this geopolitical tension wey dey ground. I dey see more people closing positions than opening new ones. Even me sef, I dey consider reducing my exposure before I sleep. Make I no wake up to surprise.
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And to think say I almost close the trade early this morning because of small drawdown. Glad I hold my ground. Patience na virtue for this game. Been seeing too many people rekt lately from impatience. The key na to have strong conviction in your anlysis and stick to your plan. Oh and volume is decreasing too, that's worth noting. Make I check if FVG dey near by, maybe I fit enter another short soon. 😴
M
@cOkafor85 I agree, the market feels indecisive. This CPI data could be a big catalyst, so better to be cautious. Maybe reduce exposure like you said, or at least tighten stops.
@cOkafor85 I hear you on the fear, man. This market's got everyone on edge. Seeing the same thing, lot of sideways action on EURUSD, no real conviction. That geopolitical news is def making people skittish, and the dollar strength isn't helping. I'm thinking a tight stop is the way to go, maybe even scale out some profits if we get a decent move down. Don't want to get caught in a dead cat bounce, especially with the RSI so low... could be oversold soon. Plus, funday Friday is coming up, anything can happen lol