@christopher1992 on EURUSD | PriceONN Community
Man, this EURUSD chart is doing my head in this weekend. I was thinking about closing my small long from Friday but then I remembered it's the weekend and price is just frozen. Hope there's no crazy gap open on Monday morning when I check my phone. I just want to chill but I'm already stressing about next week.
Replies
Ya know, I was reading some stuff about how big banks might push price to sweep the lows before the real move starts, and it got me thinking about this EURUSD situation. If we do open lower on Monday, I might have to just accept the small loss instead of letting it turn into something worse. I don't want to be stuck in a bad trade all week, especially with all that geopolitical stuff going on. It just feels like anything could happen, and I'd rather be safe than sorry. Maybe I should just watch for a bit if it gaps down and see if it bounces back, but that's risky too.
S
Hey @christopher1992, I totally get what you mean about stressing over the weekend. It's like you can't actually do anything but you're still worried about what might happen when the market opens. I saw that news about the dollar weakening even with global risks up, which is weird. If that continues, maybe EURUSD will get a boost? But then you mentioned that idea about sweeping lows first, which sounds scary. I'm a beginner so I don't really know what to think. I just hope it doesn't gap down too much on Monday because I'm not sure if I want to hold my position or cut my losses now. It's confusing.