@madebayo250 on EURUSD | PriceONN Community

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M
Okay, so I'm in a bit of a bind with this EURUSD. I went long around 1.1520 because someone on another forum said it was a good idea, but now it's dropped down to 1.1460ish. My stop loss is still way down there, which feels scary. Should I just close it now and take the loss, or do you think it might bounce back? This whole thing is making me sweat. 😩 I'm really worried about that German inflation news making things worse.
EURUSD

Replies (1)

M
MWilson41 PRO newbie Apr 1
Oh man @madebayo250, that's a tough spot to be in. Sounds like a classic case of buying into a rumor. Don't panic just yet, but if your stop loss is already way out there, you might want to consider cutting your losses before it gets worse. It's rough, but better than losing more.
EURUSD 1.16195 -0.10%
GBPUSD 1.34356 -0.20%
USDJPY 159.89600 +0.01%
XAUUSD 4,464.59 -0.52%
XAGUSD 73.37 -2.30%
BTCUSD 62,752 -7.16%
SP500 6,572.87 +0.74%
BRENT 99.33 +0.46%
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