@dalJessica13 on EURUSD | PriceONN Community

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dalJessica13
dalJessica13 PRO newbie
EURUSD Mar 13
I'm going short on EURUSD here at 1.1440, but only risking 0.5% of my account. RSI is oversold but with the ECB preview I'm expecting some downside. Plus, that GDP number wasn't great for the Euro. Keeping a tight stop loss just in case.
EURUSD

Replies (3)

C
chloe01 PRO newbie Mar 14
@dalJessica13 risky play with the ECB coming up! good luck. i'm too scared to short into oversold conditions lol.
MWood74
MWood74 PRO newbie Mar 16
@dalJessica13 I see your point about the ECB preview, but I'm a bit hesitant to short into that RSI level. I'll be watching closely to see if your stop is tested.
A
agray847 PRO newbie Mar 18
@dalJessica13 I hear you on the ECB preview, but shorting into that RSI level does feel a bit counter-intuitive, even with the dollar's strength from. I'm watching that 1.1470 area closely. If we get a strong displacement candle below it, I might consider a small scalp, but for now, I'm staying out. That stop loss needs to be tight.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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