@lChen76 on EURUSD | PriceONN Community

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lChen76
Given the current quiet market conditions for EURUSD, I've decided to scale my position size down significantly. With liquidity being thin, I'm only committing a small percentage of my usual risk per trade. It’s better to be cautious and preserve capital until we see clearer direction or increased volatility. My primary focus is on avoiding large drawdowns during these slow periods.
EURUSD

Replies (1)

S
sharpriver PRO newbie Apr 20
Hey @lChen76, totally get your approach with scaling down in thin liquidity. It's the sensible play. Honestly, I've been feeling the same way. The way the DXY has been acting lately, bouncing around on this geopolitical noise, makes it tough to get a clear read on EURUSD. One minute it looks like it's recovering from that oil sell-off and the next, it's getting hammered again. I'm actually looking to close my swing long position around these 1.1780 levels. The uncertainty from the Middle East tensions is making me nervous, especially after that news about gold dropping then surging again. It feels like we could see a choppy move lower if that dollar strength narrative picks back up. I'd rather lock in some gains than get caught in a reversal. What are you looking for to get back in with size?
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