@emily7211 on EURUSD | PriceONN Community

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I'm actually thinking about scaling into my EURUSD longs on the next pullback. I've got a starter position from around 1.1530, which feels solid given that US dollar weakness from the Middle East news. If we see a dip towards the 1.1545-1.1550 area, maybe near that S1 pivot, I'm looking to add more size. The idea is to build up a decent position before this thing really starts moving, assuming the inflation numbers don't totally kill the rally. I won't go full YOLO like some, but I want to be in a good spot if it breaks higher. I'll probably add 50% more size on the first test of that support, and then if it holds strongly and starts pushing back up towards 1.16, I might add another 25% on a clean break of the recent highs. Getting out will be in stages too, taking some profit around 1.1620, then maybe letting the rest run with a trailing stop.
EURUSD

Replies (1)

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jwilson327 PRO newbie Apr 4
@emily7211 hey, I saw your post. I'm a bit nervous about adding to longs right now. That US jobs number on Friday was strong, felt like it really boosted the dollar across the board. Makes me think EURUSD might struggle to climb much next week.
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%
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BRENT 83.79 -0.83%
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