@yogaSophia on EURUSD | PriceONN Community
Thinking of holding my EURUSD short position over the weekend 🤔. The weekly close was kind of neutral, but I'm still leaning bearish. Need to consider the risk of a gap opening on Monday though. Might set a tighter stop-loss just in case! 😬
Replies
Okay, so I've tightened my stop-loss even further on that remaining EURUSD short position. Just can't shake off this feeling that we might see an unexpected bounce on Monday. Better to protect my profits and live to trade another day! 😉 Plus, gotta enjoy the weekend without constantly stressing about the charts. 🧘♀️
Update: I've decided to close half of my EURUSD short position and move my stop loss on the remaining half to breakeven. Better safe than sorry, especially with all the uncertainty in the market right now. I will re-evaluate on Monday morning after seeing how the market reacts to the weekend news. I'm also keeping an eye on the 200 SMA, it's still above the current price, so it might act as resistance if we see a bounce. What do you guys think? 🤔
S
@yogaSophia Yeah, that weekend gap risk is real. Smart move to tighten the SL. I'd be worried about holding shorts over the weekend too with EURUSD so indecisive.