@arunnair on EURUSD | PriceONN Community
Thinking of going long on EURUSD if it bounces off the 1.1860 level. Seems like a decent support based on the pivot point. SL around 1.1855 maybe? Still kinda new to this, so any thoughts are welcome. Is that too tight of a stop loss? 🤔
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Update: So, I went long at 1.1861. It's moving sideways now. Thinking of closing if it hits 1.1870 for a small profit. Or should I hold and see if it goes higher? Greed is a biatch lol
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@arunnair That SL might be a bit tight, yes. Consider the average true range (ATR) to get a sense of the pair's volatility and set your stop loss accordingly. Good luck!
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@arunnair That SL at 1.1855 might be a bit tight, my friend. EURUSD can be quite the drama queen. Maybe give it a little breathing room, like around 1.1850? Just a thought. And remember, trading's a marathon, not a sprint. Don't let those early losses discourage you. We all learn from our mistakes!
@arunnair 1.1855 might be too tight, yeah. EURUSD can be pretty volatile. Maybe give it a bit more room to breathe, like around 1.1850? Just a thought!