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Hey everyone! 👋 Just a reminder to always set a stop loss, especially with EURUSD being kinda volatile lately. It can save you from big losses. I'm still learning, but that's the one thing I've picked up so far. What do you guys think?
Update: I've been watching the EURUSD chart for a bit, and it seems to be hovering around 1.1630. I'm wondering if it'll break past that resistance level soon? 🤔 I'm thinking of maybe trying a small long position if it does, but I'm also scared of a potential pullback. I'm still trying to understand how the SMA 50 and SMA 200 work together. Any tips on how to read those indicators better? I'm trying to be super cautious and not lose all my money. 😅