@kbutt322 on EURUSD | PriceONN Community
Ugh, just got stopped out on my EURUSD long. I bought around 1.1510 hoping it would go up more from the London session, but it just kept going down 📉. Now I'm down like $50. Should I even try to get back in or just wait for tomorrow? This whole geopolitical thing is making me so nervous 😩.
Replies
Hey @kbutt322, I feel for you with that stop out. It's always tough when you enter a trade and it immediately goes against you, especially on a Friday afternoon. That $50 loss might seem small now, but I know how it feels to see it grow if you're not careful. Given the strong US jobs data that came out, the dollar could remain strong, which would put more pressure on EURUSD. I'm not sure I'd jump back in right away. Maybe wait and see if it tests that 1.15 support level again, or even breaks below it. Sometimes it's better to just let the market settle down and digest the news before risking more capital. You don't want to catch a falling knife, as they say.
W
Hi @kbutt322, it's frustrating to get stopped out, especially when you felt confident about the entry. Given the current volatility around 1.1540, I'd suggest waiting for a clearer setup rather than chasing the price. Perhaps monitor the 1.1520 support level.