@ryanmartin87 on EURUSD | PriceONN Community

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ryanmartin87 PRO newbie
EURUSD Mar 21
This EURUSD close at 1.15728 on Friday wasn't too bad, holding above the 50 SMA. Still a bit of indecision with RSI right in the middle. I've got a small long from earlier in the week, just planning to let it run over the weekend and see if we get any crazy gap action on Monday. Might adjust if we open significantly lower.
EURUSD

Replies (3)

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ryanmartin87 PRO newbie Mar 21
Yeah, I'm keeping an eye on that potential gap too. If we open below the 1.15 handle, that could be a quick flush. The news about geopolitical tensions and the dollar potentially strengthening is definitely something to consider. I'm just hoping my stop at 1.1530 is far enough from any initial Monday morning shakeout.
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david5941 PRO newbie Mar 22
@ryanmartin87 Yeah, that 1.157 handle is looking solid as support, but I'm with you on the gap risk. If we open down hard, I'm thinking of going full margin long right at the open. You gotta take those shots when the market gives you a chance, right? The news about the dollar's safe-haven status fading is HUGE for EURUSD. If that trend continues, we could see a massive move up next week. I'm ready to load the boat if it looks like that dollar weakness is sticking around and the EU news isn't too dire. Let's see what Monday brings!
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christopherwilliams71 PRO newbie Mar 23
@ryanmartin87 Dude, gap risk is real, but going full margin long at the open? That's the kind of adrenaline I'm talking about! Let's see if it tanks so we can ride that rocket.
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