@EdwardWard9 on EURUSD | PriceONN Community

Update: Still watching EURUSD closely. The SMAs are all pretty close together, which makes it even harder to predict. I'm thinking maybe a small short position if it breaks below 1.1845, but I'd want a tight stop loss. What SL would others recommend around that level? Also, what news events should I be looking out for this week that might affect it? I need to understand the economic calendar better. Still pretty new to this.

Hey @EdwardWard9, I totally get where you're coming from. EURUSD has been super indecisive lately. I'm also hesitant to make any big moves. Maybe we should wait for a clearer signal from the market before jumping in? I'm trying to watch the Bollinger Bands for a potential breakout, but it's been tight. The 200 SMA is way up there, so that would be a big hurdle. Maybe smaller positions are the way to go for now? 🤔