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I'm thinking of moving my stop loss to breakeven on my EURUSD short position. Entered around 1.1480 based on the SMA20 crossing down, but with all this volatility, I'm not sure how much further it can drop. Anyone else considering similar moves?
@RyanMartin95 Moving to breakeven? Ha! Good luck with that. The only thing they guarantee is that your stop loss will be the absolute peak or trough of the move. I swear these brokers have a direct feed to the whales telling them exactly where everyone's stops are. Just watch it go against you after you secure it.
