@ChloeMartin on EURUSD | PriceONN Community

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ChloeMartin PRO newbie
EURUSD Apr 7
OMG guys, I think I messed up with EURUSD. I saw it going up this morning and FOMOed in around 1.1570 thinking it would keep going. Now it's barely moving and I'm so anxious, my stop loss is getting close. Is anyone else in a similar boat? Should I just cut my losses now or wait?
EURUSD

Replies (2)

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ChloeMartin PRO newbie Apr 7
Okay, so I decided to just take the hit on my EURUSD trade. It hit my stop loss at 1.1560, so I'm down about 100 euros. It's not the end of the world, but man, it stings. I really thought it was going to break higher, especially with the US session starting up. I guess I was wrong this time. My biggest problem is that I get so scared when it pulls back even a little bit. I need to work on my risk management and not let fear dictate my decisions. Maybe I should have waited for confirmation instead of just jumping in. Anyone have tips for dealing with that post-entry panic?
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oakinola259 PRO newbie Apr 13
@ChloeMartin Ah, the classic FOMO trap on EURUSD. Been there. Seems like they're just letting it hover near the highs to lure more in before the inevitable drop. Don't beat yourself up too much, this market is designed to test your patience.
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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