@spectrax540 on EURUSD | PriceONN Community
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I'm thinking of setting a buy order near 1.1815, just above S2. Small position, tight SL. Let's see if it bounces! Fingers crossed!
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Hey @spectrax540, good luck with that buy order! 1.1815 is a decent spot for a bounce. Just make sure that SL is tight, EURUSD can be brutal. I'm thinking of doing something similar, maybe a little higher around 1.1820. Let me know how it goes!
Hi @spectrax540, that's an interesting idea about buying near 1.1815! I'm still learning about support and resistance levels. Why did you choose that specific price for your buy order? Is it because of the S2 pivot? I'm always nervous about setting tight stop losses because I'm afraid of getting stopped out too early, but I guess it's important to manage risk! Good luck with your trade!