@lily4510 on EURUSD | PriceONN Community
Closed my EURUSD long position around 1.1515. Took a small loss, but better than holding on. Price action is just too messy with the Fed/BoE news brewing. Trying to protect capital is key right now, NFA.
Replies
Yeah @ClearSkies39, I see what you mean about the R1 level. Was watching it too. With this uncertainty from the news, I think a lot of positions are getting swept on both sides before any real direction emerges. It's frustrating when you're trying to hold a position for an overnight move and then it gets stopped out by volatility. I'm still leaning slightly bullish long-term on EURUSD, but this week feels like a coin toss. Maybe wait for the dust to settle after the central bank announcements.