@sunitagupta on EURUSD | PriceONN Community

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sunitagupta PRO newbie
EURUSD Mar 8
Since I can't sleep, I'm watching EURUSD... my strategy is to scale in and out of positions. I start with a small position and add if it goes my way, reducing when it retraces. Helps manage risk, especially with all this volatility. Anyone else use a similar approach?
EURUSD

Replies (1)

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sunitagupta PRO newbie Mar 8
Okay, so about scaling in... I also use the 200 SMA as a guide for my overall bias. If price is below, I'm mostly looking for short opportunities, and vice versa. But the key is to not get too greedy. Take profits when you can, and don't be a bag holder! Also, with the oil crisis news, EUR pairs might be extra sensitive, so smaller positions are a must right now. Smart money might be waiting for a clearer picture too.
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