@blackhawk256 on EURUSD | PriceONN Community
Ugh, woke up and EURUSD already looks like it's dropping a bit. I guess I slept through any potential upside? It's so confusing trying to figure out if I should be buying dips or if it's going to just keep falling. My first trade was a total disaster yesterday, I bought at what I thought was a good time and it just tanked. Seriously, how do you guys stay calm when your money is literally disappearing?
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Okay, so I was looking at this EURUSD chart and it was going up a bit overnight but now it's dipped back down. This Iran news everyone's talking about... is that why it's moving? I don't understand how global stuff affects this pair directly. My SL got hit on my last trade, like, instantly. I'm thinking maybe I should just sit out today and watch. Does anyone else feel like they're just guessing? Rajesh mentioned some kind of trap, and I think I fell for it yesterday. Seriously, is it going to go up or down from here? I just don't want to lose more money.
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hey @blackhawk256, I get what you mean about the confusion. This EURUSD is really testing my patience. I remember a few months ago, we had a similar kind of range-bound action for like a week straight. Then suddenly, BAM, it just broke out hard. I'm worried this current dip could be the start of something similar, but in reverse. It feels weaker than that old pattern though, like it's just slowly bleeding out. I'm trying to avoid FOMOing in on a falling knife, but it's tough when you see it just keep going down and down. Seriously, is anyone else seeing a major support level down near 1.1500 that could hold?