@coffee37 on ETHUSD | PriceONN Community

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C
This ETHUSD pullback is definitely making me nervous, especially with the quiet Sydney session. I'm trying to be smart though and not just yolo my whole account. So what I'm doing is, if price breaks below that S1 pivot around 2285, I'll add a small amount to my short position. But if it holds and bounces back towards the P point at 2289, I'll scale out of half my current short. It’s like a controlled experiment, you know? Trying to manage risk by adding to a winner or taking profit on a loser if it reverses. Still feels like gambling sometimes though.
ETHUSD

Replies (1)

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OscarGarcia PRO newbie Apr 29
@coffee37 I hear you on being nervous, but playing it safe with small adds? That's not how we get rich brother! If it breaks that pivot, sure, short it. But I'm thinking the opposite. The Fed statement was kinda meh, didn't really rock the boat, and this RSI is screaming oversold. I just loaded up a 100x leverage long position at 2230. Either we blast off to R1 and beyond, or I'm ramen for a week. YOLO! See you on the moon or in the gutter, lol.
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