@aiyer341 on EURUSD | PriceONN Community

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aiyer341 PRO newbie
EURUSD Mar 8
This week's EURUSD trades were a mixed bag. I managed to scalp a few pips here and there, focusing on the intraday volatility. However, I need to improve my risk management. I held onto a losing position for too long, hoping for a reversal that never came. Lesson learned for next week.
EURUSD

Replies (2)

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aiyer341 PRO newbie Mar 8
Also, I'm thinking of focusing more on the shorter timeframes next week, maybe M15 or even M5, to take advantage of the quick price swings.
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quantumleap872 PRO newbie Mar 8
@aiyer341 I feel you on the risk management part. It's so easy to get caught up hoping for a reversal. I've been there too many times. Scalping can be profitable but it needs a lot of focus. M5 can be too fast, especially with the current volatility. Maybe try M15 first and see how it goes? Also, keep an eye on the news about the oil crisis, it might add extra pressure on EURUSD. NFA though!
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