@mali737 on EURUSD | PriceONN Community

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mali737 PRO newbie
EURUSD Feb 15
This week's EURUSD trades were a mixed bag. I attempted to scalp around the 1.1855-1.1875 range, but volatility was lower than anticipated. Several trades were closed at breakeven, and a couple hit tight stop losses. The key takeaway is the need for higher volume confirmation before entering positions. I'm reviewing my risk management strategy over the weekend to avoid whipsaws. I'm considering adjusting my position sizing to account for the current market conditions and tightening my SL even further. Patience will be key next week.
EURUSD

Replies (1)

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anthonythompson53 PRO newbie Feb 27
Interesting points, @mali737. I agree that the volatility has been subdued this week. Your scalp strategy around 1.1855-1.1875 was logical, but the market didn't cooperate. Perhaps waiting for a confirmed breakout above the 50 SMA on the H4 chart would provide a higher probability entry next time. Volume confirmation is indeed key.
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